After costs, if the gap returns to its 7d average, $10k−$338
spread now+0.702%7d average+0.379%fees + slippage, in and out−$370spread needed3.700%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BNB/USDC PERP | 798.65 | 0.0306 | pay 0.0038% / 1h | 42m 23s | $19K | $620K | 30x |
| Short | gTrade (Gains Network) BNB/USD | 804.25 | L +0.0008% / S −0.0008% | get 0.0001% / 1h | 42m 23s | $9.8M | — | 150x |
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
- $70.16
- Funding while held
- −$8.93
- Slippage, 4 orders
- −$359.97
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$308.77
- Spread needed to break even
- 3.700%
Slippage from Injective: live order book, 73 min ago; gTrade (Gains Network): virtual book (oracle venue), 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0298%
- Per $10,000 a day
- −$8.93
- 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, 73 min ago | 49.98 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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% | +0.0306% | 1h | $19K | $620K | 30x | |
| Reya BNBRUSDPERP | +0.615% | +0.0326% | 1h | $9K | — | 40x | as long as short |
| Bitget BNBUSDT | +0.630% | +0.0100% | 8h | $77.3M | $23.0M | 75x | as long as short |
| HTX BNB-USDT | +0.644% | +0.0100% | 8h | $8.2M | $4.8M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.645% | +0.0100% | 8h | $28.1M | $10.3M | 75x | as long as short |
| Polymarket Perps BNB-USD | +0.651% | +0.0100% | 1h | $109K | $859K | 10x | as long as short |
| Gate BNB_USDT | +0.657% | +0.0100% | 8h | $36.5M | $56.3M | 75x | as long as short |
| Extended BNB-USD | +0.663% | +0.0104% | 1h | $1.9M | $6.3M | 50x | as long as short |
| Nado BNB-PERP | +0.664% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.670% | +0.0100% | 8h | $54.9M | $109.4M | 50x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BNBUSD | +0.678% | +0.0587% | 1h | $2.5M | $812K | 50x | as long as short |
| Bybit BNBUSDT | +0.695% | +0.0062% | 8h | $141.9M | $88.2M | 75x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.696% | L +0.0034% / S +0.0173% | 1h | $54K | — | 200x | as long as short |
| gTrade (Gains Network) BNB/USDshort | +0.702% | L +0.0008% / S −0.0008% | 1h | $9.8M | — | 150x | |
| Lighter BNB | +0.706% | +0.0096% | 1h | $2.6M | $3.3M | 20x | as long as short |
| Aevo BNB-PERP | +0.711% | +0.0104% | 1h | $386K | $37K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.726% | +0.0100% | 8h | $300K | $644K | 50x | as long as short |
| RISEx BNB/USDC | +0.734% | +0.0202% | 1h | $1.2M | $1.5M | 20x | as long as short |
| dYdX BNB-USD | +0.747% | +0.0676% | 1h | $174K | $54K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.750% | +0.0100% | 1h | $1.6M | $155K | 25x | as long as short |
| Arcus BNB-USD | +0.758% | +0.0100% | 1h | $52K | $239K | 10x | as long as short |
| SunX BNB-USDT | +0.764% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Binance BNBUSDT | +0.765% | +0.0112% | 8h | $522.0M | $771.4M | 75x | as long as short |
| Pacifica BNB | +0.769% | +0.0100% | 1h | $1.2M | $896K | 20x | as long as short |
| Phemex BNBUSDT | +0.773% | +0.0099% | 8h | $70.9M | $52.2M | 50x | as long as short |
| Aster BNBUSDT | +0.784% | +0.0124% | 8h | $6.2M | $19.4M | 200x | as long as short |
| Hyperliquid BNB | +0.785% | +0.0408% | 1h | $50.9M | $20.3M | 10x | as long as short |
| Hotstuff BNB-PERP | +0.791% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.798% | +0.0360% | 1h | $28K | $1K | 10x | as long as short |
| BingX BNB-USDC | +0.799% | +0.0039% | 8h | — | $13.1M | — | as long as short |
| Paradex BNB-USD-PERP | +0.828% | +0.0100% | 8h | $78K | $627K | 50x | as long as short |
| MEXC BNB_USDT | +0.833% | +0.0112% | 8h | $84.5M | $15.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.841% | +0.0072% | 1h | $606K | $815K | 50x | as long as short |
| SoDEX BNB-USD | +0.845% | +0.0218% | 1h | $397K | $1.0M | 10x | as long as short |
| Variational Omni BNB | +0.852% | +0.0029% | 8h | $4.3M | $6.3M | — | as long as short |
| StandX BNB-USD | +0.864% | 0.0000% | 1h | $871K | $3.4M | 30x | as long as short |
| Derive BNB-PERP | +0.874% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| BloFin BNB-USDT | +0.902% | +0.0232% | 8h | $19.3M | $2.9M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.911% | +0.0480% | 1h | $71K | $46K | 12x | as long as short |
| ApeX Omni BNBUSDT | +0.915% | +0.0237% | 1h | $167K | $425K | 50x | as long as short |
| edgeX BNBUSDC | +0.932% | +0.0100% | 4h | $4.2M | $72.4M | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.940% | +0.0552% | 1h | $2.7M | $2.4M | 40x | as long as short |
| Bulk BNB-USD | +0.949% | +0.0427% | 1h | $641K | $138K | 10x | as long as short |
| Kalshi KXBNBPERP | +0.958% | 0.0000% | 8h | $166K | $2.5M | 4.8x | as long as short |
| Phoenix BNB | +0.988% | +0.0172% | 1h | $172K | $30K | 10x | as long as short |
Injective BNB/USDC PERP
gTrade (Gains Network) BNB/USD
Bitget
HTX
KuCoin
Polymarket Perps
Gate
Extended
OKX
Kraken Futures
Bybit
GMX
Lighter
RISEx
Deribit
SunX
Binance
Pacifica
Phemex
Aster
Hyperliquid
BingX
Paradex
MEXC
Coinbase International
SoDEX
Variational Omni
StandX
Derive
BloFin
ApeX Omni
Backpack
Bulk
Phoenix