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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BNB/USDC PERP | 768.32 | 0.0033 | pay 0.0004% / 1h | 2m 39s | $18K | $464K | 30x |
| Short | Binance BNBUSDT | 798.70 | 0.0099 | get 0.0099% / 8h | 1h 02m | $517.9M | $734.6M | 75x |
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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 53 min ago | 49.98 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.06 bp | 6.3 bp −$6 | 7.9 bp −$79 | 15.2 bp −$1,520 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERPlong | 0.000% | +0.0033% | 1h | $18K | $464K | 30x | |
| Extended BNB-USD | +3.777% | +0.0104% | 1h | $2.0M | $5.8M | 50x | as long as short |
| Bitget BNBUSDT | +3.812% | +0.0100% | 8h | $76.9M | $22.2M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +3.824% | +0.0100% | 8h | $53.4M | $103.2M | 50x | as long as short |
| Reya BNBRUSDPERP | +3.831% | +0.0325% | 1h | $9K | — | 40x | as long as short |
| Bybit BNBUSDT | +3.837% | +0.0034% | 8h | $139.2M | $84.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +3.837% | +0.0100% | 8h | $28.2M | $10.1M | 75x | as long as short |
| Gate BNB_USDT | +3.843% | +0.0100% | 8h | $36.2M | $56.1M | 75x | as long as short |
| HTX BNB-USDT | +3.869% | +0.0100% | 8h | $8.1M | $4.3M | 75x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +3.874% | L +0.0030% / S +0.0174% | 1h | $54K | — | 200x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX BNB-USDT | +3.876% | +0.0023% | 8h | — | $32.9M | — | as long as short |
| gTrade (Gains Network) BNB/USD | +3.881% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +3.885% | +0.0071% | 1h | $2.5M | $791K | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +3.889% | +0.0072% | 1h | $601K | $860K | 50x | as long as short |
| Nado BNB-PERP | +3.889% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Polymarket Perps BNB-USD | +3.893% | +0.0100% | 1h | $104K | $845K | 10x | as long as short |
| Pacifica BNB | +3.899% | +0.0100% | 1h | $1.2M | $803K | 20x | as long as short |
| Aevo BNB-PERP | +3.901% | +0.0104% | 1h | $383K | $37K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +3.902% | +0.0100% | 8h | $298K | $644K | 50x | as long as short |
| SoDEX BNB-USD | +3.902% | +0.0178% | 1h | $393K | $1.0M | 10x | as long as short |
| Lighter BNB | +3.915% | +0.0096% | 1h | $2.7M | $3.1M | 20x | as long as short |
| Variational Omni BNB | +3.915% | +0.0013% | 8h | $4.4M | $6.1M | — | as long as short |
| dYdX BNB-USD | +3.920% | +0.0649% | 1h | $173K | $54K | 10x | as long as short |
| Derive BNB-PERP | +3.923% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Hibachi BNB/USDT-P | +3.929% | +0.0472% | 1h | $71K | $40K | 12x | as long as short |
| RISEx BNB/USDC | +3.938% | +0.0132% | 1h | $1.2M | $1.5M | 20x | as long as short |
| Aster BNBUSDT | +3.940% | +0.0108% | 8h | $6.1M | $18.6M | 200x | as long as short |
| StandX BNB-USD | +3.941% | 0.0000% | 1h | $864K | $3.4M | 30x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +3.949% | +0.0200% | 1h | $1.5M | $151K | 25x | as long as short |
| Binance BNBUSDTshort | +3.954% | +0.0099% | 8h | $517.9M | $734.6M | 75x | |
| Arcus BNB-USD | +3.954% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| SunX BNB-USDT | +3.964% | +0.0100% | 8h | $12K | $1.6M | 50x | as long as short |
| Hyperliquid BNB | +3.968% | +0.0358% | 1h | $50.7M | $19.9M | 10x | as long as short |
| Phemex BNBUSDT | +3.968% | +0.0096% | 8h | $70.5M | $52.6M | 50x | as long as short |
| BloFin BNB-USDT | +3.979% | +0.0218% | 8h | $19.1M | $2.9M | 75x | as long as short |
| Paradex BNB-USD-PERP | +3.979% | +0.0100% | 8h | $78K | $681K | 50x | as long as short |
| Kalshi KXBNBPERP | +3.980% | 0.0000% | 8h | $162K | $2.5M | 4.8x | as long as short |
| edgeX BNBUSDC | +3.984% | +0.0100% | 4h | $4.2M | $68.7M | 30x | as long as short |
| Backpack BNB_USDC_PERP | +3.989% | +0.0274% | 1h | $2.6M | $2.3M | 40x | as long as short |
| ApeX Omni BNBUSDT | +3.993% | +0.0100% | 1h | $172K | $421K | 50x | as long as short |
| Hotstuff BNB-PERP | +4.000% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Phoenix BNB | +4.023% | +0.0125% | 1h | $170K | $52K | 10x | as long as short |
| 01 Exchange BNBUSD | +4.041% | +0.0360% | 1h | $28K | $1K | 10x | as long as short |
| Bulk BNB-USD | +4.059% | +0.0451% | 1h | $637K | $84K | 10x | as long as short |
| MEXC BNB_USDT | +4.084% | +0.0098% | 8h | $84.9M | $15.4M | 200x | as long as short |
Injective BNB/USDC PERP
Binance BNBUSDT
Extended
Bitget
OKX
Bybit
KuCoin
Gate
HTX
GMX
BingX
gTrade (Gains Network)
Kraken Futures
Coinbase International
Polymarket Perps
Pacifica
SoDEX
Lighter
Variational Omni
Derive
RISEx
Aster
StandX
Deribit
SunX
Hyperliquid
Phemex
BloFin
Paradex
Backpack
ApeX Omni
Phoenix
Bulk
MEXC