Spread before costs (cost unknown: a leg has no order-book sample)+0.024%
7d average−0.017%if it closes, per $10,000$2funding while held, a day−$0.79
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International BNB-PERP-INTX | 798.17 | 0.0064 | pay 0.0008% / 1h | 24m 40s | $603K | $927K | 50x |
| Short | Variational Omni BNB | 798.36 | 0.0038 | get 0.0038% / 8h | 7h 24m | $4.0M | $6.4M | — |
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
- $2.41
- Funding while held
- −$0.79
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.39
- Spread needed to break even
- 0.100%
Slippage unknown: Coinbase International: live order book, 20 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0026%
- Per $10,000 a day
- −$0.79
- 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 Coinbase International live order book, 20 min ago | 3.81 bp | 8.9 bp −$9 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 6.9 bp −$69 | 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 | −0.134% | +0.0029% | 8h | $139.1M | $92.9M | 75x | as long as short |
| KuCoin BNBUSDTM | −0.130% | +0.0100% | 8h | $27.8M | $10.6M | 75x | as long as short |
| Bitget BNBUSDT | −0.130% | +0.0100% | 8h | $77.7M | $25.4M | 75x | as long as short |
| Extended BNB-USD | −0.111% | +0.0104% | 1h | $1.7M | $6.2M | 50x | as long as short |
| OKX BNB-USDT-SWAP | −0.109% | +0.0100% | 8h | $54.7M | $115.5M | 50x | as long as short |
| Gate BNB_USDT | −0.096% | +0.0100% | 8h | $36.3M | $59.8M | 75x | as long as short |
| BingX BNB-USDT | −0.079% | +0.0064% | 8h | — | $33.0M | — | as long as short |
| dYdX BNB-USD | −0.073% | +0.0533% | 1h | $173K | $53K | 10x | as long as short |
| HTX BNB-USDT | −0.069% | +0.0100% | 8h | $8.1M | $6.0M | 75x | as long as short |
| Lighter BNB | −0.068% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica BNB | −0.066% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| Kraken Futures PF_BNBUSD | −0.052% | +0.0217% | 1h | $2.5M | $905K | 50x | as long as short |
| Backpack BNB_USDC_PERP | −0.048% | +0.0100% | 1h | $2.1M | $3.9M | 40x | as long as short |
| Arcus BNB-USD | −0.046% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| RISEx BNB/USDC | −0.044% | +0.0271% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Reya BNBRUSDPERP | −0.025% | +0.0329% | 1h | $9K | — | 40x | as long as short |
| Aster BNBUSDT | −0.018% | +0.0117% | 8h | $6.2M | $19.7M | 200x | as long as short |
| Binance BNBUSDT | −0.014% | +0.0119% | 8h | $515.1M | $811.3M | 75x | as long as short |
| Polymarket Perps BNB-USD | −0.006% | +0.0100% | 1h | $119K | $877K | 10x | as long as short |
| Coinbase International BNB-PERP-INTXlong | 0.000% | +0.0064% | 1h | $603K | $927K | 50x | |
| SoDEX BNB-USD | +0.004% | +0.0100% | 1h | $393K | $1.0M | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.007% | +0.0100% | 8h | $78K | $421K | 50x | as long as short |
| 01 Exchange BNBUSD | +0.014% | +0.0272% | 1h | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.018% | +0.0443% | 1h | $52.0M | $21.6M | 10x | as long as short |
| Variational Omni BNBshort | +0.024% | +0.0038% | 8h | $4.0M | $6.4M | — | |
| Phemex BNBUSDT | +0.034% | +0.0129% | 8h | $70.1M | $52.0M | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.035% | L −0.0185% / S +0.0362% | 1h | $48K | — | 200x | as long as short |
| Aevo BNB-PERP | +0.037% | +0.0104% | 1h | $384K | $37K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.051% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Derive BNB-PERP | +0.052% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.060% | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| Orderly PERP_BNB_USDC | +0.061% | +0.0100% | 8h | $322K | $660K | 50x | as long as short |
| MEXC BNB_USDT | +0.066% | +0.0120% | 8h | $84.0M | $16.5M | 200x | as long as short |
| Nado BNB-PERP | +0.066% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| BloFin BNB-USDT | +0.080% | +0.0241% | 8h | $18.9M | $3.0M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.082% | +0.0400% | 1h | $1.6M | $168K | 25x | as long as short |
| Hotstuff BNB-PERP | +0.099% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| SunX BNB-USDT | +0.114% | +0.0100% | 8h | $13K | $1.8M | 50x | as long as short |
| Phoenix BNB | +0.132% | +0.0145% | 1h | $170K | $31K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.142% | 0.0000% | 8h | $205K | $2.8M | 4.8x | as long as short |
| Hibachi BNB/USDT-P | +0.143% | +0.0216% | 1h | $71K | $46K | 12x | as long as short |
| StandX BNB-USD | +0.153% | 0.0000% | 1h | $864K | $3.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.169% | +0.0100% | 1h | $158K | $436K | 50x | as long as short |
| Bulk BNB-USD | +0.203% | +0.0162% | 1h | $649K | $132K | 10x | as long as short |
| edgeX BNBUSDC | +0.232% | +0.0100% | 4h | $4.2M | $77.3M | 30x | as long as short |
Coinbase International BNB-PERP-INTX
Variational Omni BNB
Bybit
KuCoin
Bitget
Extended
OKX
Gate
BingX
HTX
Lighter
Pacifica
Kraken Futures
Backpack
RISEx
Aster
Binance
Polymarket Perps
SoDEX
Paradex
Hyperliquid
Phemex
GMX
gTrade (Gains Network)
Derive
Injective
MEXC
BloFin
Deribit
SunX
Phoenix
StandX
ApeX Omni
Bulk