After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.132%7d average+0.082%fees + slippage, in and out−$30spread needed0.304%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BNBUSDT | 798.35 | 0.0100 | pay 0.0100% / 8h | 1h 04m | $76.9M | $22.2M | 75x |
| Short | Deribit BNB_USDC-PERPETUAL | 799.41 | 0.0400 | get 0.0050% / 1h | 4m 54s | $1.6M | $151K | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $13.23
- Funding while held
- $9
- Slippage, 4 orders
- −$11.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$8.16
- Spread needed to break even
- 0.304%
Slippage from Bitget: live order book, 6 min ago; Deribit: live order book, just now.
Cost of waiting
funding view- Funding /8h
- +0.0300%
- Per $10,000 a day
- +$9.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 6 min ago | 0.06 bp | 7.2 bp −$7 | 11.1 bp −$111 | 16.0 bp −$1,602 | doesn't fit |
| Sell Deribit live order book, just now | 3.44 bp | 9.2 bp −$9 | 16.3 bp −$163 | doesn't fit | doesn't fit |
BNB price on every exchange
against the cheapest. Click to use as the short leg.BNB on 45 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −3.762% | +0.0033% | 1h | $18K | $464K | 30x | as long as short |
| dYdX BNB-USD | −0.079% | +0.0648% | 1h | $173K | $54K | 10x | as long as short |
| Reya BNBRUSDPERP | −0.028% | +0.0325% | 1h | $9K | — | 40x | as long as short |
| Nado BNB-PERP | −0.025% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.019% | +0.0072% | 1h | $601K | $860K | 50x | as long as short |
| Extended BNB-USD | −0.003% | +0.0104% | 1h | $2.0M | $5.8M | 50x | as long as short |
| Bitget BNBUSDTlong | 0.000% | +0.0100% | 8h | $76.9M | $22.2M | 75x | |
| Variational Omni BNB | +0.007% | +0.0013% | 8h | $4.4M | $6.1M | — | as long as short |
| Pacifica BNB | +0.008% | +0.0100% | 1h | $1.2M | $803K | 20x | as long as short |
| Polymarket Perps BNB-USD | +0.011% | +0.0100% | 1h | $104K | $845K | 10x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) BNB/USD | +0.018% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| OKX BNB-USDT-SWAP | +0.019% | +0.0100% | 8h | $53.5M | $103.2M | 50x | as long as short |
| Phoenix BNB | +0.020% | +0.0125% | 1h | $170K | $52K | 10x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.022% | L +0.0030% / S +0.0175% | 1h | $54K | — | 200x | as long as short |
| RISEx BNB/USDC | +0.029% | +0.0132% | 1h | $1.2M | $1.5M | 20x | as long as short |
| KuCoin BNBUSDTM | +0.029% | +0.0100% | 8h | $28.5M | $10.0M | 75x | as long as short |
| Bybit BNBUSDT | +0.031% | +0.0030% | 8h | $139.4M | $84.1M | 75x | as long as short |
| Gate BNB_USDT | +0.031% | +0.0100% | 8h | $36.3M | $56.0M | 75x | as long as short |
| edgeX BNBUSDC | +0.032% | +0.0100% | 4h | $4.2M | $68.4M | 30x | as long as short |
| Arcus BNB-USD | +0.044% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.045% | +0.0100% | 8h | $298K | $644K | 50x | as long as short |
| Paradex BNB-USD-PERP | +0.048% | +0.0100% | 8h | $78K | $705K | 50x | as long as short |
| StandX BNB-USD | +0.054% | 0.0000% | 1h | $864K | $3.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.059% | +0.0100% | 1h | $172K | $421K | 50x | as long as short |
| Aevo BNB-PERP | +0.059% | +0.0104% | 1h | $384K | $37K | 10x | as long as short |
| BingX BNB-USDT | +0.064% | +0.0020% | 8h | — | $32.9M | — | as long as short |
| Hotstuff BNB-PERP | +0.065% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.065% | +0.0071% | 1h | $2.5M | $791K | 50x | as long as short |
| HTX BNB-USDT | +0.068% | +0.0100% | 8h | $8.2M | $4.3M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.079% | +0.0304% | 1h | $28K | $1K | 10x | as long as short |
| SoDEX BNB-USD | +0.081% | +0.0179% | 1h | $393K | $1.0M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.083% | +0.0472% | 1h | $71K | $40K | 12x | as long as short |
| Derive BNB-PERP | +0.087% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.102% | +0.0100% | 8h | $13K | $1.6M | 50x | as long as short |
| Lighter BNB | +0.116% | +0.0096% | 1h | $2.7M | $3.1M | 20x | as long as short |
| Kalshi KXBNBPERP | +0.132% | 0.0000% | 8h | $162K | $2.5M | 4.8x | as long as short |
| Deribit BNB_USDC-PERPETUALshort | +0.132% | +0.0400% | 1h | $1.6M | $151K | 25x | |
| Aster BNBUSDT | +0.133% | +0.0106% | 8h | $6.1M | $18.6M | 200x | as long as short |
| Binance BNBUSDT | +0.135% | +0.0097% | 8h | $518.5M | $734.0M | 75x | as long as short |
| Bulk BNB-USD | +0.145% | +0.0451% | 1h | $637K | $84K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.145% | +0.0266% | 1h | $2.6M | $2.3M | 40x | as long as short |
| Phemex BNBUSDT | +0.148% | +0.0096% | 8h | $70.6M | $52.6M | 50x | as long as short |
| BloFin BNB-USDT | +0.154% | +0.0217% | 8h | $19.2M | $2.8M | 75x | as long as short |
| Hyperliquid BNB | +0.177% | +0.0357% | 1h | $50.7M | $19.9M | 10x | as long as short |
| MEXC BNB_USDT | +0.269% | +0.0096% | 8h | $85.1M | $15.3M | 200x | as long as short |
Bitget BNBUSDT
Deribit BNB_USDC-PERPETUAL
Injective
Coinbase International
Extended
Variational Omni
Pacifica
Polymarket Perps
gTrade (Gains Network)
OKX
Phoenix
GMX
RISEx
KuCoin
Bybit
Gate
Paradex
StandX
ApeX Omni
BingX
Kraken Futures
HTX
SoDEX
Derive
SunX
Lighter
Aster
Binance
Bulk
Backpack
Phemex
BloFin
Hyperliquid
MEXC