data as of
Settings8H · net · $10k
Price arb /

BNB

all BNB markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k+$14
spread now+0.395%7d average+0.038%fees + slippage, in and out−$21spread needed0.215%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International BNB-PERP-INTX794.680.0064pay 0.0008% / 1h14m 49s$600K$922K50x
ShortLighter BNB797.820.0096get 0.0012% / 1h14m 49s$2.6M$3.4M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$39.49
Funding while held
$0.96
Slippage, 4 orders
−$11.46
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$18.99
Spread needed to break even
0.215%
Slippage from Coinbase International: live order book, 30 min ago; Lighter: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0032%
Per $10,000 a day
+$0.96
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 30 min ago3.81 bp8.9 bp −$913.3 bp −$133doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.38 bp2.3 bp −$25.2 bp −$5214.6 bp −$1,45672.2 bp −$36.1K

BNB price on every exchange

against the cheapest. Click to use as the short leg.

BNB on 45 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International BNB-PERP-INTXlong0.000%+0.0064%1h$600K$922K50x
edgeX BNBUSDC+0.121%+0.0100%4h$4.1M$77.8M30xas long as short
Variational Omni BNB+0.253%+0.0036%8h$4.0M$6.4Mas long as short
ApeX Omni BNBUSDT+0.301%+0.0100%1h$157K$438K50xas long as short
Hotstuff BNB-PERP+0.317%−0.0080%1h$4K$1K25xas long as short
Nado BNB-PERP+0.349%+0.0100%1h$1.5M$2.8M20xas long as short
Bybit BNBUSDT+0.356%+0.0006%8h$139.0M$92.4M75xas long as short
KuCoin BNBUSDTM+0.359%+0.0100%8h$27.9M$10.6M75xas long as short
StandX BNB-USD+0.360%0.0000%1h$863K$3.3M30xas long as short
Gate BNB_USDT+0.361%+0.0097%8h$36.1M$60.8M75xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BNBUSDT+0.362%+0.0100%8h$77.8M$25.4M75xas long as short
Reya BNBRUSDPERP+0.378%+0.0329%1h$9K40xas long as short
Extended BNB-USD+0.378%+0.0104%1h$1.7M$6.2M50xas long as short
OKX BNB-USDT-SWAP+0.380%+0.0100%8h$54.3M$116.9M50xas long as short
dYdX BNB-USD+0.387%+0.0527%1h$173K$53K10xas long as short
Kraken Futures PF_BNBUSD+0.392%+0.0217%1h$2.5M$900K50xas long as short
Lighter BNBshort+0.395%+0.0096%1h$2.6M$3.4M20x
BingX BNB-USDT+0.405%+0.0001%8h$33.3Mas long as short
Polymarket Perps BNB-USD+0.405%+0.0100%1h$120K$878K10xas long as short
Hibachi BNB/USDT-P+0.413%+0.0184%1h$71K$47K12xas long as short
HTX BNB-USDT+0.416%+0.0100%8h$8.1M$6.1M75xas long as short
Derive BNB-PERP+0.428%+0.0100%1h$32K$5K10xas long as short
Kalshi KXBNBPERP+0.430%0.0000%8h$194K$2.8M4.8xas long as short
SoDEX BNB-USD+0.430%+0.0100%1h$393K$1.0M10xas long as short
Phoenix BNB+0.433%+0.0145%1h$170K$31K10xas long as short
GMX BNB/USD [WBTC.b-USDC]+0.434%L −0.0185% / S +0.0362%1h$48K200xas long as short
gTrade (Gains Network) BNB/USD+0.435%L +0.0008% / S −0.0008%1h$9.7M150xas long as short
Pacifica BNB+0.437%+0.0100%1h$1.2M$912K20xas long as short
Arcus BNB-USD+0.443%+0.0100%1h$52K$244K10xas long as short
Aevo BNB-PERP+0.449%+0.0104%1h$383K$37K10xas long as short
Orderly PERP_BNB_USDC+0.456%+0.0100%8h$322K$660K50xas long as short
Phemex BNBUSDT+0.456%+0.0144%8h$70.1M$51.8M50xas long as short
Backpack BNB_USDC_PERP+0.457%+0.0100%1h$2.2M$3.9M40xas long as short
RISEx BNB/USDC+0.467%+0.0271%1h$1.1M$1.5M20xas long as short
Aster BNBUSDT+0.471%+0.0113%8h$6.2M$19.4M200xas long as short
Binance BNBUSDT+0.471%+0.0118%8h$514.9M$810.4M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.475%+0.0400%1h$1.6M$168K25xas long as short
BloFin BNB-USDT+0.479%+0.0238%8h$19.1M$3.0M75xas long as short
SunX BNB-USDT+0.482%+0.0100%8h$13K$1.8M50xas long as short
Paradex BNB-USD-PERP+0.494%+0.0100%8h$78K$421K50xas long as short
Injective BNB/USDC PERP+0.500%+0.0033%1h$19K$437K30xas long as short
MEXC BNB_USDT+0.506%+0.0117%8h$83.8M$16.7M200xas long as short
Hyperliquid BNB+0.511%+0.0426%1h$51.9M$21.7M10xas long as short
01 Exchange BNBUSD+0.535%+0.0264%1h$28K$1K10xas long as short
Bulk BNB-USD+0.643%+0.0162%1h$649K$132K10xas long as short