After costs, if the gap returns to its 7d average, $10k+$3
spread now+0.367%7d average+0.132%fees + slippage, in and out−$21spread needed0.208%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BNBUSDT | 796.86 | 0.0022 | pay 0.0022% / 8h | 7h 23m | $139.0M | $92.8M | 75x |
| Short | Bulk BNB-USD | 799.79 | 0.0162 | get 0.0020% / 1h | 23m 30s | $649K | $132K | 10x |
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
- $36.74
- Funding while held
- $4.19
- Slippage, 4 orders
- −$2.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $20.11
- Spread needed to break even
- 0.208%
Slippage from Bybit: live order book, 2 min ago; Bulk: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0140%
- Per $10,000 a day
- +$4.19
- 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 Bybit live order book, 2 min ago | 0.63 bp | 7.0 bp −$7 | 9.3 bp −$93 | 24.6 bp −$2,460 | 131.6 bp −$65.8K |
| Sell Bulk live order book, 22 min ago | 0.06 bp | 3.6 bp −$4 | 4.6 bp −$46 | 8.9 bp −$889 | 20.9 bp −$10.5K |
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 BNBUSDTlong | 0.000% | +0.0022% | 8h | $139.0M | $92.8M | 75x | |
| OKX BNB-USDT-SWAP | +0.018% | +0.0100% | 8h | $54.7M | $115.4M | 50x | as long as short |
| Reya BNBRUSDPERP | +0.056% | +0.0329% | 1h | $9K | — | 40x | as long as short |
| Gate BNB_USDT | +0.068% | +0.0100% | 8h | $36.2M | $59.9M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.072% | +0.0100% | 8h | $27.9M | $10.6M | 75x | as long as short |
| Extended BNB-USD | +0.073% | +0.0104% | 1h | $1.7M | $6.2M | 50x | as long as short |
| Nado BNB-PERP | +0.078% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Bitget BNBUSDT | +0.079% | +0.0100% | 8h | $77.8M | $25.4M | 75x | as long as short |
| Polymarket Perps BNB-USD | +0.080% | +0.0100% | 1h | $120K | $878K | 10x | as long as short |
| dYdX BNB-USD | +0.091% | +0.0540% | 1h | $173K | $53K | 10x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX BNB-USDT | +0.094% | +0.0100% | 8h | $8.1M | $6.0M | 75x | as long as short |
| RISEx BNB/USDC | +0.106% | +0.0271% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Arcus BNB-USD | +0.118% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| StandX BNB-USD | +0.118% | 0.0000% | 1h | $863K | $3.3M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.119% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.127% | L −0.0185% / S +0.0362% | 1h | $48K | — | 200x | as long as short |
| BingX BNB-USDC | +0.128% | +0.0064% | 8h | — | $13.1M | — | as long as short |
| Lighter BNB | +0.132% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| Pacifica BNB | +0.133% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| Aevo BNB-PERP | +0.135% | +0.0104% | 1h | $383K | $37K | 10x | as long as short |
| Binance BNBUSDT | +0.136% | +0.0119% | 8h | $515.1M | $810.7M | 75x | as long as short |
| Aster BNBUSDT | +0.143% | +0.0116% | 8h | $6.2M | $19.7M | 200x | as long as short |
| Hotstuff BNB-PERP | +0.146% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Derive BNB-PERP | +0.152% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| 01 Exchange BNBUSD | +0.152% | +0.0272% | 1h | $28K | $1K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.153% | +0.0100% | 8h | $322K | $660K | 50x | as long as short |
| SoDEX BNB-USD | +0.156% | +0.0100% | 1h | $393K | $1.0M | 10x | as long as short |
| SunX BNB-USDT | +0.160% | +0.0100% | 8h | $12K | $1.8M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.164% | +0.0064% | 1h | $603K | $927K | 50x | as long as short |
| Phemex BNBUSDT | +0.167% | +0.0116% | 8h | $70.1M | $52.0M | 50x | as long as short |
| Kalshi KXBNBPERP | +0.168% | 0.0000% | 8h | $195K | $2.8M | 4.8x | as long as short |
| Kraken Futures PF_BNBUSD | +0.172% | +0.0217% | 1h | $2.5M | $905K | 50x | as long as short |
| Paradex BNB-USD-PERP | +0.185% | +0.0100% | 8h | $78K | $421K | 50x | as long as short |
| Variational Omni BNB | +0.188% | +0.0038% | 8h | $4.0M | $6.4M | — | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.190% | +0.0400% | 1h | $1.6M | $168K | 25x | as long as short |
| Backpack BNB_USDC_PERP | +0.205% | +0.0100% | 1h | $2.2M | $3.9M | 40x | as long as short |
| ApeX Omni BNBUSDT | +0.218% | +0.0100% | 1h | $158K | $437K | 50x | as long as short |
| Hyperliquid BNB | +0.223% | +0.0442% | 1h | $52.0M | $21.6M | 10x | as long as short |
| Injective BNB/USDC PERP | +0.225% | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| BloFin BNB-USDT | +0.245% | +0.0241% | 8h | $18.9M | $3.0M | 75x | as long as short |
| MEXC BNB_USDT | +0.269% | +0.0119% | 8h | $84.0M | $16.5M | 200x | as long as short |
| edgeX BNBUSDC | +0.292% | +0.0100% | 4h | $4.2M | $77.4M | 30x | as long as short |
| Phoenix BNB | +0.296% | +0.0145% | 1h | $170K | $31K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.308% | +0.0216% | 1h | $71K | $46K | 12x | as long as short |
| Bulk BNB-USDshort | +0.367% | +0.0162% | 1h | $649K | $132K | 10x |
Bybit BNBUSDT
Bulk BNB-USD
OKX
Gate
KuCoin
Extended
Bitget
Polymarket Perps
HTX
RISEx
StandX
gTrade (Gains Network)
GMX
BingX
Lighter
Pacifica
Binance
Aster
Derive
SoDEX
SunX
Coinbase International
Phemex
Kraken Futures
Paradex
Variational Omni
Deribit
Backpack
ApeX Omni
Hyperliquid
Injective
BloFin
MEXC
Phoenix