After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.061%7d average+0.059%fees + slippage, in and out−$25spread needed0.252%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit BNB_USDC-PERPETUAL | 800.51 | 0.0200 | pay 0.0025% / 1h | 40m 59s | $1.6M | $168K | 25x |
| Short | Bulk BNB-USD | 801.00 | 0.0100 | get 0.0013% / 1h | 40m 59s | $650K | $83K | 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
- $6.09
- Funding while held
- −$3
- Slippage, 4 orders
- −$11.2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$22.11
- Spread needed to break even
- 0.252%
Slippage from Deribit: live order book, 4 min ago; Bulk: live order book, 60 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Deribit live order book, 4 min ago | 1.75 bp | 10.0 bp −$10 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 60 min ago | 0.06 bp | 3.6 bp −$4 | 4.0 bp −$40 | 8.8 bp −$880 | 19.4 bp −$9,691 |
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 | −0.233% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.151% | +0.0064% | 1h | $600K | $920K | 50x | as long as short |
| Bitget BNBUSDT | −0.148% | +0.0100% | 8h | $78.2M | $25.1M | 75x | as long as short |
| Bybit BNBUSDT | −0.125% | +0.0047% | 8h | $138.6M | $92.3M | 75x | as long as short |
| Nado BNB-PERP | −0.120% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| OKX BNB-USDT-SWAP | −0.114% | +0.0100% | 8h | $55.0M | $116.5M | 50x | as long as short |
| KuCoin BNBUSDTM | −0.108% | +0.0100% | 8h | $27.9M | $10.6M | 75x | as long as short |
| Reya BNBRUSDPERP | −0.106% | +0.0332% | 1h | $9K | — | 40x | as long as short |
| StandX BNB-USD | −0.104% | 0.0000% | 1h | $865K | $3.2M | 30x | as long as short |
| Extended BNB-USD | −0.101% | +0.0104% | 1h | $1.8M | $6.5M | 50x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX BNB-USD | −0.089% | +0.0334% | 1h | $173K | $50K | 10x | as long as short |
| Gate BNB_USDT | −0.089% | +0.0100% | 8h | $35.9M | $60.5M | 75x | as long as short |
| Polymarket Perps BNB-USD | −0.084% | +0.0100% | 1h | $121K | $882K | 10x | as long as short |
| HTX BNB-USDT | −0.071% | +0.0100% | 8h | $8.2M | $6.6M | 75x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.068% | L −0.0195% / S +0.0370% | 1h | $48K | — | 200x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.068% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Orderly PERP_BNB_USDC | −0.066% | +0.0100% | 8h | $387K | $695K | 50x | as long as short |
| Hyperliquid BNB | −0.064% | +0.0325% | 1h | $51.1M | $21.6M | 10x | as long as short |
| Pacifica BNB | −0.064% | +0.0100% | 1h | $1.2M | $913K | 20x | as long as short |
| SoDEX BNB-USD | −0.064% | +0.0112% | 1h | $393K | $1.0M | 10x | as long as short |
| Variational Omni BNB | −0.055% | +0.0033% | 8h | $4.1M | $6.4M | — | as long as short |
| RISEx BNB/USDC | −0.053% | +0.0118% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Arcus BNB-USD | −0.051% | +0.0100% | 1h | $52K | $239K | 10x | as long as short |
| BingX BNB-USDC | −0.050% | +0.0014% | 8h | — | $13.2M | — | as long as short |
| Kraken Futures PF_BNBUSD | −0.049% | +0.0041% | 1h | $2.5M | $910K | 50x | as long as short |
| Aevo BNB-PERP | −0.048% | +0.0104% | 1h | $384K | $40K | 10x | as long as short |
| Derive BNB-PERP | −0.048% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Hotstuff BNB-PERP | −0.041% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Phoenix BNB | −0.034% | +0.0119% | 1h | $170K | $28K | 10x | as long as short |
| Lighter BNB | −0.028% | +0.0096% | 1h | $2.7M | $3.4M | 20x | as long as short |
| Binance BNBUSDT | −0.011% | +0.0103% | 8h | $516.6M | $810.1M | 75x | as long as short |
| Paradex BNB-USD-PERP | −0.010% | +0.0100% | 8h | $78K | $19K | 50x | as long as short |
| Deribit BNB_USDC-PERPETUALlong | 0.000% | +0.0200% | 1h | $1.6M | $168K | 25x | |
| Phemex BNBUSDT | +0.001% | +0.0076% | 8h | $70.1M | $51.6M | 50x | as long as short |
| Aster BNBUSDT | +0.004% | +0.0099% | 8h | $6.3M | $18.9M | 200x | as long as short |
| SunX BNB-USDT | +0.006% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| ApeX Omni BNBUSDT | +0.009% | +0.0100% | 1h | $158K | $436K | 50x | as long as short |
| Hibachi BNB/USDT-P | +0.017% | +0.0200% | 1h | $71K | $47K | 12x | as long as short |
| BloFin BNB-USDT | +0.019% | +0.0223% | 8h | $19.0M | $3.1M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.020% | +0.0304% | 1h | $28K | $1K | 10x | as long as short |
| Bulk BNB-USDshort | +0.061% | +0.0100% | 1h | $650K | $83K | 10x | |
| Backpack BNB_USDC_PERP | +0.061% | +0.0427% | 1h | $2.9M | $5.2M | 40x | as long as short |
| Kalshi KXBNBPERP | +0.061% | +0.0107% | 8h | $111K | $2.9M | 4.8x | as long as short |
| edgeX BNBUSDC | +0.072% | +0.0100% | 4h | $4.2M | $77.4M | 30x | as long as short |
| MEXC BNB_USDT | +0.073% | +0.0102% | 8h | $84.0M | $16.0M | 200x | as long as short |
Deribit BNB_USDC-PERPETUAL
Bulk BNB-USD
Injective
Coinbase International
Bitget
Bybit
OKX
KuCoin
StandX
Extended
Gate
Polymarket Perps
HTX
GMX
gTrade (Gains Network)
Hyperliquid
Pacifica
SoDEX
Variational Omni
RISEx
BingX
Kraken Futures
Derive
Phoenix
Lighter
Binance
Paradex
Phemex
Aster
SunX
ApeX Omni
BloFin
Backpack
MEXC