After costs, if the gap returns to its 7d average, $10k−$11
spread now+0.215%7d average−0.025%fees + slippage, in and out−$35spread needed0.347%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BNB-USDT | 803.18 | 0.0225 | pay 0.0225% / 8h | 50m 10s | $19.3M | $2.9M | 75x |
| Short | Paradex BNB-USD-PERP | 804.91 | 0.0100 | get 0.0100% / 8h | 50m 10s | $84K | $636K | 50x |
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
- $21.53
- Funding while held
- −$3.73
- Slippage, 4 orders
- −$18.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$16.89
- Spread needed to break even
- 0.347%
Slippage from BloFin: live order book, 5 min ago; Paradex: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0124%
- Per $10,000 a day
- −$3.73
- 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, 5 min ago | 0.25 bp | 6.3 bp −$6 | 6.9 bp −$69 | 16.9 bp −$1,688 | doesn't fit |
| Sell Paradex live order book, just now | 8.63 bp | 10.6 bp −$11 | 148.2 bp −$1,482 | 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 | −0.564% | +0.0306% | 1h | $19K | $620K | 30x | as long as short |
| Hibachi BNB/USDT-P | −0.390% | +0.0480% | 1h | $71K | $41K | 12x | as long as short |
| edgeX BNBUSDC | −0.381% | +0.0100% | 4h | $4.2M | $69.9M | 30x | as long as short |
| Phoenix BNB | −0.355% | +0.0172% | 1h | $171K | $30K | 10x | as long as short |
| Variational Omni BNB | −0.352% | +0.0022% | 8h | $4.2M | $6.3M | — | as long as short |
| ApeX Omni BNBUSDT | −0.319% | +0.0100% | 1h | $171K | $422K | 50x | as long as short |
| Bulk BNB-USD | −0.259% | +0.0441% | 1h | $637K | $94K | 10x | as long as short |
| StandX BNB-USD | −0.149% | 0.0000% | 1h | $867K | $3.4M | 30x | as long as short |
| Derive BNB-PERP | −0.080% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| BloFin BNB-USDTlong | 0.000% | +0.0225% | 8h | $19.3M | $2.9M | 75x |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit BNBUSDT | +0.027% | +0.0047% | 8h | $139.7M | $85.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.027% | +0.0100% | 8h | $53.9M | $106.4M | 50x | as long as short |
| KuCoin BNBUSDTM | +0.090% | +0.0100% | 8h | $28.2M | $10.3M | 75x | as long as short |
| Gate BNB_USDT | +0.096% | +0.0100% | 8h | $36.4M | $55.6M | 75x | as long as short |
| Reya BNBRUSDPERP | +0.104% | +0.0326% | 1h | $9K | — | 40x | as long as short |
| dYdX BNB-USD | +0.108% | +0.0650% | 1h | $174K | $54K | 10x | as long as short |
| Bitget BNBUSDT | +0.112% | +0.0100% | 8h | $77.5M | $22.6M | 75x | as long as short |
| BingX BNB-USDC | +0.120% | +0.0033% | 8h | — | $13.1M | — | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.125% | L +0.0034% / S +0.0173% | 1h | $54K | — | 200x | as long as short |
| HTX BNB-USDT | +0.130% | +0.0100% | 8h | $8.2M | $4.7M | 75x | as long as short |
| Nado BNB-PERP | +0.133% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Polymarket Perps BNB-USD | +0.141% | +0.0100% | 1h | $105K | $851K | 10x | as long as short |
| Pacifica BNB | +0.145% | +0.0100% | 1h | $1.2M | $868K | 20x | as long as short |
| Kraken Futures PF_BNBUSD | +0.148% | +0.0587% | 1h | $2.5M | $799K | 50x | as long as short |
| Binance BNBUSDT | +0.151% | +0.0107% | 8h | $521.3M | $755.5M | 75x | as long as short |
| Kalshi KXBNBPERP | +0.152% | 0.0000% | 8h | $165K | $2.5M | 4.8x | as long as short |
| Extended BNB-USD | +0.166% | +0.0104% | 1h | $1.9M | $6.0M | 50x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.167% | L +0.0008% / S −0.0008% | 1h | $9.8M | — | 150x | as long as short |
| Phemex BNBUSDT | +0.178% | +0.0092% | 8h | $70.9M | $52.4M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.188% | +0.0072% | 1h | $606K | $872K | 50x | as long as short |
| Arcus BNB-USD | +0.189% | +0.0100% | 1h | $52K | $238K | 10x | as long as short |
| RISEx BNB/USDC | +0.190% | +0.0202% | 1h | $1.2M | $1.5M | 20x | as long as short |
| Aster BNBUSDT | +0.192% | +0.0116% | 8h | $6.2M | $19.0M | 200x | as long as short |
| Lighter BNB | +0.195% | +0.0096% | 1h | $2.7M | $3.1M | 20x | as long as short |
| SoDEX BNB-USD | +0.202% | +0.0299% | 1h | $396K | $1.0M | 10x | as long as short |
| Aevo BNB-PERP | +0.208% | +0.0104% | 1h | $387K | $37K | 10x | as long as short |
| Paradex BNB-USD-PERPshort | +0.215% | +0.0100% | 8h | $84K | $636K | 50x | |
| Hyperliquid BNB | +0.219% | +0.0459% | 1h | $51.0M | $20.1M | 10x | as long as short |
| Hotstuff BNB-PERP | +0.220% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Backpack BNB_USDC_PERP | +0.233% | +0.0573% | 1h | $2.7M | $2.3M | 40x | as long as short |
| 01 Exchange BNBUSD | +0.235% | +0.0344% | 1h | $28K | $1K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.237% | +0.0100% | 8h | $301K | $645K | 50x | as long as short |
| SunX BNB-USDT | +0.246% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.260% | +0.0200% | 1h | $1.6M | $155K | 25x | as long as short |
| MEXC BNB_USDT | +0.314% | +0.0104% | 8h | $84.9M | $15.3M | 200x | as long as short |
BloFin BNB-USDT
Paradex BNB-USD-PERP
Injective
Phoenix
Variational Omni
ApeX Omni
Bulk
StandX
Derive
Bybit
OKX
KuCoin
Gate
Bitget
BingX
GMX
HTX
Polymarket Perps
Pacifica
Kraken Futures
Binance
Extended
gTrade (Gains Network)
Phemex
Coinbase International
RISEx
Aster
Lighter
SoDEX
Hyperliquid
Backpack
SunX
Deribit
MEXC