After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.288%7d average−0.055%fees + slippage, in and out−$18spread needed0.183%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk BNB-USD | 800.85 | 0.0211 | pay 0.0026% / 1h | 33m 22s | $650K | $132K | 10x |
| Short | Backpack BNB_USDC_PERP | 798.54 | 0.0100 | get 0.0013% / 1h | 33m 22s | $2.2M | $3.9M | 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
- −$28.79
- Funding while held
- −$3.32
- Slippage, 4 orders
- −$1.26
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$50.37
- Spread needed to break even
- 0.183%
Slippage from Bulk: live order book, 12 min ago; Backpack: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0111%
- Per $10,000 a day
- −$3.32
- 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 Bulk live order book, 12 min ago | 0.06 bp | 3.6 bp −$4 | 3.9 bp −$39 | 7.6 bp −$758 | 21.7 bp −$10.8K |
| Sell Backpack live order book, 2 min ago | 0.06 bp | 6.1 bp −$6 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit BNBUSDT | −0.505% | +0.0071% | 8h | $139.1M | $92.9M | 75x | as long as short |
| Bitget BNBUSDT | −0.504% | +0.0100% | 8h | $77.8M | $25.3M | 75x | as long as short |
| Reya BNBRUSDPERP | −0.497% | +0.0328% | 1h | $9K | — | 40x | as long as short |
| OKX BNB-USDT-SWAP | −0.493% | +0.0100% | 8h | $54.8M | $114.8M | 50x | as long as short |
| Gate BNB_USDT | −0.486% | +0.0100% | 8h | $36.8M | $59.0M | 75x | as long as short |
| Extended BNB-USD | −0.486% | +0.0104% | 1h | $1.7M | $6.2M | 50x | as long as short |
| Nado BNB-PERP | −0.455% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Aevo BNB-PERP | −0.446% | +0.0104% | 1h | $383K | $37K | 10x | as long as short |
| KuCoin BNBUSDTM | −0.445% | +0.0100% | 8h | $27.9M | $10.5M | 75x | as long as short |
| BingX BNB-USDT | −0.441% | +0.0058% | 8h | — | $32.9M | — | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps BNB-USD | −0.438% | +0.0100% | 1h | $118K | $873K | 10x | as long as short |
| Derive BNB-PERP | −0.435% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.431% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | −0.428% | +0.0217% | 1h | $2.5M | $902K | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.427% | L +0.0033% / S +0.0167% | 1h | $53K | — | 200x | as long as short |
| Orderly PERP_BNB_USDC | −0.424% | +0.0100% | 8h | $322K | $660K | 50x | as long as short |
| Arcus BNB-USD | −0.405% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| Aster BNBUSDT | −0.399% | +0.0121% | 8h | $6.2M | $19.8M | 200x | as long as short |
| RISEx BNB/USDC | −0.398% | +0.0271% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Binance BNBUSDT | −0.392% | +0.0124% | 8h | $519.9M | $808.8M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | −0.391% | +0.0200% | 1h | $1.6M | $168K | 25x | as long as short |
| Pacifica BNB | −0.375% | +0.0100% | 1h | $1.2M | $910K | 20x | as long as short |
| StandX BNB-USD | −0.373% | 0.0000% | 1h | $863K | $3.4M | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.372% | +0.0064% | 1h | $599K | $917K | 50x | as long as short |
| SunX BNB-USDT | −0.368% | +0.0100% | 8h | $12K | $1.8M | 50x | as long as short |
| dYdX BNB-USD | −0.367% | +0.0547% | 1h | $173K | $54K | 10x | as long as short |
| Lighter BNB | −0.367% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| SoDEX BNB-USD | −0.355% | +0.0100% | 1h | $393K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | −0.354% | +0.0444% | 1h | $52.0M | $21.6M | 10x | as long as short |
| HTX BNB-USDT | −0.334% | +0.0100% | 8h | $8.1M | $5.8M | 75x | as long as short |
| 01 Exchange BNBUSD | −0.332% | +0.0288% | 1h | $28K | $1K | 10x | as long as short |
| Paradex BNB-USD-PERP | −0.329% | +0.0100% | 8h | $78K | $445K | 50x | as long as short |
| Hotstuff BNB-PERP | −0.320% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| MEXC BNB_USDT | −0.318% | +0.0123% | 8h | $83.7M | $16.4M | 200x | as long as short |
| Backpack BNB_USDC_PERPshort | −0.288% | +0.0100% | 1h | $2.2M | $3.9M | 40x | |
| Phemex BNBUSDT | −0.287% | +0.0156% | 8h | $70.1M | $52.4M | 50x | as long as short |
| Injective BNB/USDC PERP | −0.274% | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| Kalshi KXBNBPERP | −0.218% | 0.0000% | 8h | $222K | $2.7M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | −0.044% | +0.0248% | 1h | $71K | $46K | 12x | as long as short |
| BloFin BNB-USDT | −0.041% | +0.0244% | 8h | $19.1M | $3.0M | 75x | as long as short |
| Bulk BNB-USDlong | 0.000% | +0.0211% | 1h | $650K | $132K | 10x | |
| edgeX BNBUSDC | +0.042% | +0.0100% | 4h | $4.2M | $76.6M | 30x | as long as short |
| Phoenix BNB | +0.066% | +0.0145% | 1h | $171K | $31K | 10x | as long as short |
| Variational Omni BNB | +0.121% | +0.0040% | 8h | $4.0M | $6.4M | — | as long as short |
| ApeX Omni BNBUSDT | +0.238% | +0.0100% | 1h | $158K | $437K | 50x | as long as short |
Bulk BNB-USD
Backpack BNB_USDC_PERP
Bybit
Bitget
OKX
Gate
Extended
KuCoin
BingX
Polymarket Perps
Derive
gTrade (Gains Network)
Kraken Futures
GMX
Aster
RISEx
Binance
Deribit
Pacifica
StandX
Coinbase International
SunX
Lighter
SoDEX
Hyperliquid
HTX
Paradex
MEXC
Phemex
Injective
BloFin
Phoenix
Variational Omni
ApeX Omni