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+$237
spread now+3.954%7d average+0.474%fees + slippage, in and out−$111spread needed1.113%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BNB/USDC PERP768.320.0033pay 0.0004% / 1h2m 39s$18K$464K30x
ShortBinance BNBUSDT798.700.0099get 0.0099% / 8h1h 02m$517.9M$734.6M75x

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
$395.41
Funding while held
$1.97
Slippage, 4 orders
−$101.32
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Binance: 5 bp × 2 orders
−$10
Net
$286.04
Spread needed to break even
1.113%
Slippage from Injective: live order book, 53 min ago; Binance: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
+0.0066%
Per $10,000 a day
+$1.97
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 Injective live order book, 53 min ago49.98 bp50.0 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago0.06 bp6.3 bp −$67.9 bp −$7915.2 bp −$1,520doesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BNB/USDC PERPlong0.000%+0.0033%1h$18K$464K30x
Extended BNB-USD+3.777%+0.0104%1h$2.0M$5.8M50xas long as short
Bitget BNBUSDT+3.812%+0.0100%8h$76.9M$22.2M75xas long as short
OKX BNB-USDT-SWAP+3.824%+0.0100%8h$53.4M$103.2M50xas long as short
Reya BNBRUSDPERP+3.831%+0.0325%1h$9K40xas long as short
Bybit BNBUSDT+3.837%+0.0034%8h$139.2M$84.2M75xas long as short
KuCoin BNBUSDTM+3.837%+0.0100%8h$28.2M$10.1M75xas long as short
Gate BNB_USDT+3.843%+0.0100%8h$36.2M$56.1M75xas long as short
HTX BNB-USDT+3.869%+0.0100%8h$8.1M$4.3M75xas long as short
GMX BNB/USD [WBTC.b-USDC]+3.874%L +0.0030% / S +0.0174%1h$54K200xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX BNB-USDT+3.876%+0.0023%8h$32.9Mas long as short
gTrade (Gains Network) BNB/USD+3.881%L +0.0008% / S −0.0008%1h$9.7M150xas long as short
Kraken Futures PF_BNBUSD+3.885%+0.0071%1h$2.5M$791K50xas long as short
Coinbase International BNB-PERP-INTX+3.889%+0.0072%1h$601K$860K50xas long as short
Nado BNB-PERP+3.889%+0.0100%1h$1.5M$2.9M20xas long as short
Polymarket Perps BNB-USD+3.893%+0.0100%1h$104K$845K10xas long as short
Pacifica BNB+3.899%+0.0100%1h$1.2M$803K20xas long as short
Aevo BNB-PERP+3.901%+0.0104%1h$383K$37K10xas long as short
Orderly PERP_BNB_USDC+3.902%+0.0100%8h$298K$644K50xas long as short
SoDEX BNB-USD+3.902%+0.0178%1h$393K$1.0M10xas long as short
Lighter BNB+3.915%+0.0096%1h$2.7M$3.1M20xas long as short
Variational Omni BNB+3.915%+0.0013%8h$4.4M$6.1Mas long as short
dYdX BNB-USD+3.920%+0.0649%1h$173K$54K10xas long as short
Derive BNB-PERP+3.923%+0.0100%1h$32K$5K10xas long as short
Hibachi BNB/USDT-P+3.929%+0.0472%1h$71K$40K12xas long as short
RISEx BNB/USDC+3.938%+0.0132%1h$1.2M$1.5M20xas long as short
Aster BNBUSDT+3.940%+0.0108%8h$6.1M$18.6M200xas long as short
StandX BNB-USD+3.941%0.0000%1h$864K$3.4M30xas long as short
Deribit BNB_USDC-PERPETUAL+3.949%+0.0200%1h$1.5M$151K25xas long as short
Binance BNBUSDTshort+3.954%+0.0099%8h$517.9M$734.6M75x
Arcus BNB-USD+3.954%+0.0100%1h$52K$242K10xas long as short
SunX BNB-USDT+3.964%+0.0100%8h$12K$1.6M50xas long as short
Hyperliquid BNB+3.968%+0.0358%1h$50.7M$19.9M10xas long as short
Phemex BNBUSDT+3.968%+0.0096%8h$70.5M$52.6M50xas long as short
BloFin BNB-USDT+3.979%+0.0218%8h$19.1M$2.9M75xas long as short
Paradex BNB-USD-PERP+3.979%+0.0100%8h$78K$681K50xas long as short
Kalshi KXBNBPERP+3.980%0.0000%8h$162K$2.5M4.8xas long as short
edgeX BNBUSDC+3.984%+0.0100%4h$4.2M$68.7M30xas long as short
Backpack BNB_USDC_PERP+3.989%+0.0274%1h$2.6M$2.3M40xas long as short
ApeX Omni BNBUSDT+3.993%+0.0100%1h$172K$421K50xas long as short
Hotstuff BNB-PERP+4.000%−0.0080%1h$4K$1K25xas long as short
Phoenix BNB+4.023%+0.0125%1h$170K$52K10xas long as short
01 Exchange BNBUSD+4.041%+0.0360%1h$28K$1K10xas long as short
Bulk BNB-USD+4.059%+0.0451%1h$637K$84K10xas long as short
MEXC BNB_USDT+4.084%+0.0098%8h$84.9M$15.4M200xas long as short