After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.015%7d average−0.038%fees + slippage, in and out−$23spread needed0.230%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BNB-USDT | 799.37 | 0.0238 | pay 0.0238% / 8h | 7h 06m | $18.9M | $2.9M | 75x |
| Short | Backpack BNB_USDC_PERP | 799.49 | 0.0100 | get 0.0013% / 1h | 6m 47s | $2.7M | $4.3M | 40x |
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
- $1.5
- Funding while held
- −$4.13
- Slippage, 4 orders
- −$1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$25.63
- Spread needed to break even
- 0.230%
Slippage from BloFin: live order book, 4 min ago; Backpack: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0138%
- Per $10,000 a day
- −$4.13
- 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 BloFin live order book, 4 min ago | 0.06 bp | 6.1 bp −$6 | 6.2 bp −$62 | 9.3 bp −$933 | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.06 bp | 5.2 bp −$5 | 12.6 bp −$126 | 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 | |
|---|---|---|---|---|---|---|---|
| Extended BNB-USD | −0.146% | +0.0104% | 1h | $1.7M | $6.2M | 50x | as long as short |
| KuCoin BNBUSDTM | −0.131% | +0.0100% | 8h | $27.9M | $10.6M | 75x | as long as short |
| Bybit BNBUSDT | −0.114% | +0.0010% | 8h | $139.1M | $91.6M | 75x | as long as short |
| Bitget BNBUSDT | −0.114% | +0.0100% | 8h | $77.9M | $25.3M | 75x | as long as short |
| HTX BNB-USDT | −0.111% | +0.0100% | 8h | $8.1M | $6.1M | 75x | as long as short |
| Reya BNBRUSDPERP | −0.104% | +0.0329% | 1h | $9K | — | 40x | as long as short |
| OKX BNB-USDT-SWAP | −0.096% | +0.0100% | 8h | $54.7M | $116.8M | 50x | as long as short |
| Nado BNB-PERP | −0.096% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| Lighter BNB | −0.096% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| Kraken Futures PF_BNBUSD | −0.096% | +0.0216% | 1h | $2.5M | $898K | 50x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bulk BNB-USD | −0.094% | +0.0138% | 1h | $648K | $132K | 10x | as long as short |
| Gate BNB_USDT | −0.090% | +0.0100% | 8h | $36.3M | $61.5M | 75x | as long as short |
| Injective BNB/USDC PERP | −0.090% | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| Polymarket Perps BNB-USD | −0.080% | +0.0100% | 1h | $123K | $884K | 10x | as long as short |
| Arcus BNB-USD | −0.059% | +0.0100% | 1h | $52K | $244K | 10x | as long as short |
| SoDEX BNB-USD | −0.059% | +0.0100% | 1h | $393K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | −0.047% | +0.0271% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Variational Omni BNB | −0.043% | +0.0035% | 8h | $4.0M | $6.4M | — | as long as short |
| Derive BNB-PERP | −0.040% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.036% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Aevo BNB-PERP | −0.034% | +0.0104% | 1h | $384K | $40K | 10x | as long as short |
| BingX BNB-USDC | −0.029% | +0.0004% | 8h | — | $13.2M | — | as long as short |
| Aster BNBUSDT | −0.028% | +0.0116% | 8h | $6.2M | $19.2M | 200x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.027% | L −0.0186% / S +0.0363% | 1h | $48K | — | 200x | as long as short |
| Phemex BNBUSDT | −0.019% | +0.0087% | 8h | $70.2M | $51.8M | 50x | as long as short |
| Orderly PERP_BNB_USDC | −0.018% | +0.0100% | 8h | $322K | $658K | 50x | as long as short |
| Pacifica BNB | −0.014% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| dYdX BNB-USD | −0.011% | +0.0509% | 1h | $173K | $51K | 10x | as long as short |
| Binance BNBUSDT | −0.005% | +0.0118% | 8h | $515.6M | $809.6M | 75x | as long as short |
| StandX BNB-USD | 0.000% | 0.0000% | 1h | $864K | $3.4M | 30x | as long as short |
| BloFin BNB-USDTlong | 0.000% | +0.0238% | 8h | $18.9M | $2.9M | 75x | |
| Deribit BNB_USDC-PERPETUAL | +0.002% | +0.0300% | 1h | $1.6M | $168K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.009% | +0.0264% | 1h | $28K | $1K | 10x | as long as short |
| Phoenix BNB | +0.009% | +0.0145% | 1h | $170K | $31K | 10x | as long as short |
| Hyperliquid BNB | +0.011% | +0.0421% | 1h | $51.9M | $21.7M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.014% | +0.0160% | 1h | $71K | $47K | 12x | as long as short |
| Backpack BNB_USDC_PERPshort | +0.015% | +0.0100% | 1h | $2.7M | $4.3M | 40x | |
| Coinbase International BNB-PERP-INTX | +0.015% | +0.0064% | 1h | $601K | $927K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.016% | 0.0000% | 8h | $195K | $2.8M | 4.8x | as long as short |
| SunX BNB-USDT | +0.025% | +0.0100% | 8h | $13K | $1.8M | 50x | as long as short |
| Paradex BNB-USD-PERP | +0.065% | +0.0100% | 8h | $78K | $417K | 50x | as long as short |
| ApeX Omni BNBUSDT | +0.088% | +0.0100% | 1h | $158K | $438K | 50x | as long as short |
| MEXC BNB_USDT | +0.091% | +0.0118% | 8h | $84.4M | $16.9M | 200x | as long as short |
| Hotstuff BNB-PERP | +0.128% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| edgeX BNBUSDC | +0.152% | +0.0100% | 4h | $4.2M | $77.5M | 30x | as long as short |
BloFin BNB-USDT
Backpack BNB_USDC_PERP
Extended
KuCoin
Bybit
Bitget
HTX
OKX
Lighter
Kraken Futures
Bulk
Gate
Injective
Polymarket Perps
SoDEX
RISEx
Variational Omni
Derive
gTrade (Gains Network)
BingX
Aster
GMX
Phemex
Pacifica
Binance
StandX
Deribit
Phoenix
Hyperliquid
Coinbase International
SunX
Paradex
ApeX Omni
MEXC