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−$273
spread now+0.125%7d average+0.040%fees + slippage, in and out−$281spread needed2.814%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) BNB/USD792.81L +0.0008% / S −0.0008%pay 0.0001% / 1h51m 24s$9.6M150x
ShortHyperliquid BNB793.800.0350get 0.0044% / 1h51m 24s$50.1M$19.0M10x

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
$12.49
Funding while held
$10.26
Slippage, 4 orders
−$262.44
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$258.69
Spread needed to break even
2.814%
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Hyperliquid: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
+0.0342%
Per $10,000 a day
+$10.26
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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago130.01 bp135.0 bp −$135135.0 bp −$1,350416.8 bp −$41.7K2253.7 bp −$1.13M
Sell Hyperliquid live order book, 4 min ago0.75 bp5.6 bp −$6doesn't fitdoesn't fitdoesn't fit

BNB price on every exchange

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

BNB on 44 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BNB/USDC PERP−3.089%+0.0033%1h$18K$464K30xas long as short
Coinbase International BNB-PERP-INTX−0.096%+0.0072%1h$592K$886K50xas long as short
Extended BNB-USD−0.057%+0.0104%1h$1.9M$5.7M50xas long as short
GMX BNB/USD [WBTC.b-USDC]−0.049%L +0.0029% / S +0.0176%1h$54K200xas long as short
dYdX BNB-USD−0.027%+0.0813%1h$172K$54K10xas long as short
Gate BNB_USDT−0.026%+0.0100%8h$36.2M$53.6M75xas long as short
Nado BNB-PERP−0.020%+0.0100%1h$1.5M$2.8M20xas long as short
HTX BNB-USDT−0.020%+0.0100%8h$8.1M$3.8M75xas long as short
Backpack BNB_USDC_PERP−0.018%+0.0100%1h$2.1M$1.0M40xas long as short
Bybit BNBUSDT−0.014%−0.0049%8h$138.1M$81.3M75xas long as short
Show all 44 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
StandX BNB-USD−0.013%0.0000%1h$858K$3.3M30xas long as short
Reya BNBRUSDPERP−0.011%+0.0324%1h$9K40xas long as short
Hibachi BNB/USDT-P−0.010%+0.0240%1h$71K$40K12xas long as short
Bitget BNBUSDT−0.009%+0.0100%8h$75.3M$20.4M75xas long as short
BloFin BNB-USDT−0.009%+0.0197%8h$18.8M$2.8M75xas long as short
gTrade (Gains Network) BNB/USDlong0.000%L +0.0008% / S −0.0008%1h$9.6M150x
Lighter BNB+0.003%+0.0096%1h$2.7M$2.7M20xas long as short
Kraken Futures PF_BNBUSD+0.016%+0.0071%1h$2.5M$732K50xas long as short
Pacifica BNB+0.024%+0.0100%1h$1.2M$603K20xas long as short
BingX BNB-USDT+0.025%−0.0050%8h$32.7Mas long as short
edgeX BNBUSDC+0.029%+0.0100%4h$4.2M$65.8M30xas long as short
RISEx BNB/USDC+0.031%+0.0132%1h$1.2M$1.5M20xas long as short
Aevo BNB-PERP+0.032%+0.0104%1h$381K$37K10xas long as short
Polymarket Perps BNB-USD+0.034%+0.0100%1h$109K$830K10xas long as short
OKX BNB-USDT-SWAP+0.037%+0.0100%8h$53.1M$95.5M50xas long as short
SoDEX BNB-USD+0.037%+0.0174%1h$391K$1.0M10xas long as short
Derive BNB-PERP+0.037%+0.0100%1h$30K$2K10xas long as short
KuCoin BNBUSDTM+0.047%+0.0100%8h$28.5M$9.6M75xas long as short
Deribit BNB_USDC-PERPETUAL+0.053%+0.0200%1h$1.5M$134K25xas long as short
Hotstuff BNB-PERP+0.054%−0.0080%1h$4K$1K25xas long as short
Aster BNBUSDT+0.056%+0.0080%8h$6.1M$18.1M200xas long as short
Arcus BNB-USD+0.062%+0.0100%1h$51K$241K10xas long as short
ApeX Omni BNBUSDT+0.072%+0.0100%1h$184K$418K50xas long as short
Paradex BNB-USD-PERP+0.081%+0.0100%8h$77K$821K50xas long as short
Phemex BNBUSDT+0.085%+0.0097%8h$70.2M$52.2M50xas long as short
Orderly PERP_BNB_USDC+0.087%+0.0100%8h$296K$647K50xas long as short
SunX BNB-USDT+0.091%+0.0100%8h$13K$1.5M50xas long as short
Kalshi KXBNBPERP+0.100%0.0000%8h$152K$2.4M4.8xas long as short
Binance BNBUSDT+0.102%+0.0077%8h$515.9M$703.2M75xas long as short
Hyperliquid BNBshort+0.125%+0.0350%1h$50.1M$19.0M10x
MEXC BNB_USDT+0.201%+0.0077%8h$83.2M$14.7M200xas long as short
Phoenix BNB+0.373%+0.0125%1h$170K$52K10xas long as short
Variational Omni BNB+0.620%−0.0036%8h$4.4M$6.1Mas long as short
Bulk BNB-USD+0.721%+0.0311%1h$636K$62K10xas long as short