After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.243%7d average+0.022%fees + slippage, in and out−$38spread needed0.376%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX BNB-USDT | 799.26 | 0.0100 | pay 0.0100% / 8h | 54m 49s | $8.2M | $4.4M | 75x |
| Short | Kalshi KXBNBPERP | 801.20 | 0 | get 0.0000% / 8h | 4h 54m | $162K | $2.5M | 4.8x |
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
- $24.32
- Funding while held
- −$3
- Slippage, 4 orders
- −$15.62
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$16.3
- Spread needed to break even
- 0.376%
Slippage from HTX: live order book, 1 min ago; Kalshi: live order book, 5 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 HTX live order book, 1 min ago | 2.73 bp | 10.5 bp −$11 | 14.6 bp −$146 | 51.9 bp −$5,189 | doesn't fit |
| Sell Kalshi live order book, 5 min ago | 3.76 bp | 8.8 bp −$9 | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|
| Phoenix BNB | −0.193% | +0.0172% | 1h | $170K | $29K | 10x | as long as short |
| edgeX BNBUSDC | −0.171% | +0.0100% | 4h | $4.2M | $69.0M | 30x | as long as short |
| Injective BNB/USDC PERP | −0.076% | +0.0306% | 1h | $19K | $620K | 30x | as long as short |
| Nado BNB-PERP | −0.051% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Reya BNBRUSDPERP | −0.050% | +0.0326% | 1h | $9K | — | 40x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.033% | L +0.0031% / S +0.0174% | 1h | $54K | — | 200x | as long as short |
| ApeX Omni BNBUSDT | −0.026% | +0.0100% | 1h | $171K | $422K | 50x | as long as short |
| Polymarket Perps BNB-USD | −0.011% | +0.0100% | 1h | $104K | $849K | 10x | as long as short |
| HTX BNB-USDTlong | 0.000% | +0.0100% | 8h | $8.2M | $4.4M | 75x | |
| gTrade (Gains Network) BNB/USD | +0.017% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended BNB-USD | +0.018% | +0.0104% | 1h | $1.9M | $6.0M | 50x | as long as short |
| Bitget BNBUSDT | +0.029% | +0.0100% | 8h | $76.9M | $22.3M | 75x | as long as short |
| SoDEX BNB-USD | +0.031% | +0.0244% | 1h | $393K | $1.0M | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.035% | +0.0590% | 1h | $2.5M | $796K | 50x | as long as short |
| Bybit BNBUSDT | +0.036% | +0.0041% | 8h | $139.3M | $84.6M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.044% | +0.0100% | 8h | $28.0M | $10.2M | 75x | as long as short |
| Aevo BNB-PERP | +0.048% | +0.0104% | 1h | $384K | $37K | 10x | as long as short |
| OKX BNB-USDT-SWAP | +0.056% | +0.0100% | 8h | $53.8M | $104.3M | 50x | as long as short |
| Gate BNB_USDT | +0.062% | +0.0100% | 8h | $36.2M | $55.3M | 75x | as long as short |
| Orderly PERP_BNB_USDC | +0.063% | +0.0100% | 8h | $299K | $644K | 50x | as long as short |
| Derive BNB-PERP | +0.065% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.084% | +0.0200% | 1h | $1.6M | $155K | 25x | as long as short |
| BingX BNB-USDT | +0.098% | +0.0031% | 8h | — | $33.0M | — | as long as short |
| SunX BNB-USDT | +0.108% | +0.0100% | 8h | $13K | $1.6M | 50x | as long as short |
| Variational Omni BNB | +0.109% | +0.0020% | 8h | $4.4M | $6.1M | — | as long as short |
| RISEx BNB/USDC | +0.115% | +0.0202% | 1h | $1.2M | $1.5M | 20x | as long as short |
| BloFin BNB-USDT | +0.116% | +0.0221% | 8h | $19.2M | $2.9M | 75x | as long as short |
| Lighter BNB | +0.121% | +0.0096% | 1h | $2.7M | $2.9M | 20x | as long as short |
| Phemex BNBUSDT | +0.124% | +0.0097% | 8h | $70.5M | $52.7M | 50x | as long as short |
| Arcus BNB-USD | +0.131% | +0.0100% | 1h | $52K | $238K | 10x | as long as short |
| Binance BNBUSDT | +0.139% | +0.0101% | 8h | $518.0M | $745.2M | 75x | as long as short |
| StandX BNB-USD | +0.141% | 0.0000% | 1h | $865K | $3.4M | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.157% | +0.0514% | 1h | $2.7M | $2.3M | 40x | as long as short |
| dYdX BNB-USD | +0.164% | +0.0534% | 1h | $174K | $54K | 10x | as long as short |
| Aster BNBUSDT | +0.166% | +0.0113% | 8h | $6.2M | $18.8M | 200x | as long as short |
| Pacifica BNB | +0.167% | +0.0100% | 1h | $1.2M | $868K | 20x | as long as short |
| 01 Exchange BNBUSD | +0.188% | +0.0408% | 1h | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.193% | +0.0450% | 1h | $50.7M | $20.0M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.204% | +0.0480% | 1h | $71K | $41K | 12x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.222% | +0.0072% | 1h | $603K | $866K | 50x | as long as short |
| Bulk BNB-USD | +0.231% | +0.0441% | 1h | $637K | $94K | 10x | as long as short |
| Hotstuff BNB-PERP | +0.236% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Kalshi KXBNBPERPshort | +0.243% | 0.0000% | 8h | $162K | $2.5M | 4.8x | |
| Paradex BNB-USD-PERP | +0.264% | +0.0100% | 8h | $78K | $645K | 50x | as long as short |
| MEXC BNB_USDT | +0.281% | +0.0101% | 8h | $85.1M | $15.1M | 200x | as long as short |
HTX BNB-USDT
Phoenix
Injective
GMX
ApeX Omni
Polymarket Perps
gTrade (Gains Network)
Extended
Bitget
SoDEX
Kraken Futures
Bybit
KuCoin
OKX
Gate
Derive
Deribit
BingX
SunX
Variational Omni
RISEx
BloFin
Lighter
Phemex
Binance
StandX
Backpack
Aster
Pacifica
Hyperliquid
Coinbase International
Bulk
Paradex
MEXC