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

BNB

all BNB markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$35
spread now+0.005%7d average−0.021%fees + slippage, in and out−$38spread needed0.379%
Long on DeribitShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit BNB_USDC-PERPETUAL807.110.0300pay 0.0037% / 1h44m 23s$1.6M$155K25x
ShortLighter BNB807.150.0096get 0.0012% / 1h44m 23s$2.6M$3.3M20x

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
$0.47
Funding while held
−$6.12
Slippage, 4 orders
−$30.91
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$43.56
Spread needed to break even
0.379%
Slippage from Deribit: live order book, 1 min ago; Lighter: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0204%
Per $10,000 a day
−$6.12
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 Deribit live order book, 1 min ago11.22 bp21.6 bp −$22270.1 bp −$2,701doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.00 bp0.0 bp $04.9 bp −$4919.2 bp −$1,91780.4 bp −$40.2K

BNB price on every exchange

against the cheapest. Click to use as the short leg.
Injective798.65cheapestApeX Omni804.86+0.778%StandX805.17+0.816%edgeX805.26+0.828%HTX805.31+0.833%Variational Omni805.46+0.852%Phoenix805.62+0.873%Nado805.65+0.877%Hotstuff805.66+0.878%gTrade (Gains Network)805.94+0.912%BingX805.96+0.915%OKX806.00+0.920%Bitget806.03+0.924%Gate806.05+0.927%Hibachi806.05+0.927%Polymarket Perps806.06+0.928%Bybit806.08+0.930%GMX806.10+0.932%Kalshi806.10+0.933%KuCoin806.22+0.948%Bulk806.23+0.949%Reya806.25+0.952%Extended806.26+0.953%Aevo806.29+0.956%RISEx806.30+0.958%Orderly806.42+0.973%Kraken Futures806.44+0.976%Arcus806.50+0.983%Coinbase International806.54+0.988%SoDEX806.60+0.995%Hyperliquid806.65+1.002%dYdX806.65+1.002%Binance806.68+1.005%01 Exchange806.75+1.014%Pacifica806.84+1.025%Aster806.86+1.028%Derive806.88+1.031%
Deribit807.11+1.059%
Lighter807.15+1.064%
SunX807.21+1.072%Phemex807.23+1.074%BloFin807.35+1.089%Paradex807.57+1.117%MEXC807.70+1.133%Backpack807.71+1.134%

BNB on 45 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BNB/USDC PERP−1.048%+0.0306%1h$19K$620K30xas long as short
ApeX Omni BNBUSDT−0.279%+0.0320%1h$170K$422K50xas long as short
StandX BNB-USD−0.240%0.0000%1h$871K$3.4M30xas long as short
edgeX BNBUSDC−0.229%+0.0100%4h$4.2M$71.2M30xas long as short
HTX BNB-USDT−0.223%+0.0100%8h$8.2M$4.8M75xas long as short
Variational Omni BNB−0.205%+0.0029%8h$4.3M$6.3M—as long as short
Phoenix BNB−0.185%+0.0172%1h$172K$30K10xas long as short
Nado BNB-PERP−0.181%+0.0100%1h$1.5M$2.9M20xas long as short
Hotstuff BNB-PERP−0.180%−0.0080%1h$4K$1K25xas long as short
gTrade (Gains Network) BNB/USD−0.145%L +0.0008% / S −0.0008%1h$9.8M—150xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX BNB-USDC−0.142%+0.0039%8h—$13.2M—as long as short
OKX BNB-USDT-SWAP−0.137%+0.0100%8h$55.1M$109.4M50xas long as short
Bitget BNBUSDT−0.134%+0.0100%8h$77.6M$22.9M75xas long as short
Gate BNB_USDT−0.131%+0.0100%8h$36.6M$56.2M75xas long as short
Hibachi BNB/USDT-P−0.131%+0.0472%1h$71K$46K12xas long as short
Polymarket Perps BNB-USD−0.130%+0.0100%1h$109K$859K10xas long as short
Bybit BNBUSDT−0.128%+0.0058%8h$142.2M$88.0M75xas long as short
GMX BNB/USD [WBTC.b-USDC]−0.125%L +0.0034% / S +0.0173%1h$55K—200xas long as short
Kalshi KXBNBPERP−0.125%0.0000%8h$166K$2.5M4.8xas long as short
KuCoin BNBUSDTM−0.110%+0.0100%8h$28.2M$10.3M75xas long as short
Bulk BNB-USD−0.109%+0.0427%1h$641K$138K10xas long as short
Reya BNBRUSDPERP−0.106%+0.0326%1h$9K—40xas long as short
Extended BNB-USD−0.106%+0.0104%1h$1.9M$6.3M50xas long as short
Aevo BNB-PERP−0.102%+0.0104%1h$387K$37K10xas long as short
RISEx BNB/USDC−0.100%+0.0202%1h$1.2M$1.5M20xas long as short
Orderly PERP_BNB_USDC−0.085%+0.0100%8h$301K$644K50xas long as short
Kraken Futures PF_BNBUSD−0.082%+0.0585%1h$2.5M$809K50xas long as short
Arcus BNB-USD−0.076%+0.0100%1h$52K$238K10xas long as short
Coinbase International BNB-PERP-INTX−0.071%+0.0072%1h$607K$816K50xas long as short
SoDEX BNB-USD−0.063%+0.0256%1h$397K$1.0M10xas long as short
Hyperliquid BNB−0.057%+0.0426%1h$51.0M$20.3M10xas long as short
dYdX BNB-USD−0.056%+0.0695%1h$175K$54K10xas long as short
Binance BNBUSDT−0.053%+0.0112%8h$523.3M$769.0M75xas long as short
01 Exchange BNBUSD−0.045%+0.0360%1h$29K$1K10xas long as short
Pacifica BNB−0.033%+0.0100%1h$1.2M$896K20xas long as short
Aster BNBUSDT−0.031%+0.0125%8h$6.2M$19.3M200xas long as short
Derive BNB-PERP−0.028%+0.0100%1h$32K$5K10xas long as short
Deribit BNB_USDC-PERPETUALlong0.000%+0.0300%1h$1.6M$155K25x
Lighter BNBshort+0.005%+0.0096%1h$2.6M$3.3M20x
SunX BNB-USDT+0.012%+0.0100%8h$13K$1.7M50xas long as short
Phemex BNBUSDT+0.015%+0.0098%8h$71.1M$52.3M50xas long as short
BloFin BNB-USDT+0.030%+0.0232%8h$19.3M$2.9M75xas long as short
Paradex BNB-USD-PERP+0.057%+0.0100%8h$79K$627K50xas long as short
MEXC BNB_USDT+0.073%+0.0111%8h$84.8M$15.6M200xas long as short
Backpack BNB_USDC_PERP+0.074%+0.0559%1h$2.7M$2.4M40xas long as short