After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.012%7d average+0.087%fees + slippage, in and out−$32spread needed0.321%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXBNBPERP | 800.10 | 0 | get 0.0000% / 8h | 1h 10m | $109K | $2.8M | 4.8x |
| Short | Arcus BNB-USD | 800.00 | 0.0100 | get 0.0013% / 1h | 10m 18s | $52K | $220K | 10x |
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
- −$1.25
- Funding while held
- $3
- Slippage, 4 orders
- −$17.65
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$30.4
- Spread needed to break even
- 0.321%
Slippage from Kalshi: live order book, 5 min ago; Arcus: live order book, 60 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 Kalshi live order book, 5 min ago | 2.50 bp | 7.5 bp −$7 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 60 min ago | 3.77 bp | 9.2 bp −$9 | 20.7 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −0.181% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
| HTX BNB-USDT | −0.115% | +0.0100% | 8h | $8.2M | $6.7M | 75x | as long as short |
| Variational Omni BNB | −0.114% | +0.0059% | 8h | $4.1M | $5.5M | — | as long as short |
| Coinbase International BNB-PERP-INTX | −0.097% | +0.0064% | 1h | $600K | $907K | 50x | as long as short |
| ApeX Omni BNBUSDT | −0.066% | +0.0100% | 1h | $158K | $437K | 50x | as long as short |
| StandX BNB-USD | −0.064% | 0.0000% | 1h | $865K | $3.2M | 30x | as long as short |
| Nado BNB-PERP | −0.062% | +0.0100% | 1h | $1.4M | $2.8M | 20x | as long as short |
| Reya BNBRUSDPERP | −0.061% | +0.0333% | 1h | $9K | — | 40x | as long as short |
| KuCoin BNBUSDTM | −0.056% | +0.0100% | 8h | $27.9M | $10.4M | 75x | as long as short |
| Bybit BNBUSDT | −0.055% | +0.0100% | 8h | $138.2M | $88.4M | 75x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget BNBUSDT | −0.054% | +0.0100% | 8h | $78.3M | $24.4M | 75x | as long as short |
| Extended BNB-USD | −0.052% | +0.0104% | 1h | $1.8M | $6.2M | 50x | as long as short |
| OKX BNB-USDT-SWAP | −0.050% | +0.0100% | 8h | $55.0M | $115.5M | 50x | as long as short |
| dYdX BNB-USD | −0.044% | +0.0393% | 1h | $173K | $51K | 10x | as long as short |
| Hibachi BNB/USDT-P | −0.044% | +0.0304% | 1h | $71K | $47K | 12x | as long as short |
| Polymarket Perps BNB-USD | −0.032% | +0.0100% | 1h | $120K | $879K | 10x | as long as short |
| Gate BNB_USDT | −0.031% | +0.0100% | 8h | $35.9M | $60.9M | 75x | as long as short |
| Hotstuff BNB-PERP | −0.024% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Pacifica BNB | −0.017% | +0.0100% | 1h | $1.2M | $917K | 20x | as long as short |
| BingX BNB-USDC | −0.016% | +0.0080% | 8h | — | $13.2M | — | as long as short |
| Arcus BNB-USDshort | −0.012% | +0.0100% | 1h | $52K | $220K | 10x | |
| RISEx BNB/USDC | −0.010% | +0.0118% | 1h | $1.1M | $1.4M | 20x | as long as short |
| Aevo BNB-PERP | −0.001% | +0.0104% | 1h | $384K | $40K | 10x | as long as short |
| Lighter BNB | 0.000% | +0.0096% | 1h | $3.0M | $3.9M | 20x | as long as short |
| Kalshi KXBNBPERPlong | 0.000% | 0.0000% | 8h | $109K | $2.8M | 4.8x | |
| Phemex BNBUSDT | +0.002% | +0.0117% | 8h | $70.1M | $51.3M | 50x | as long as short |
| BloFin BNB-USDT | +0.004% | +0.0228% | 8h | $19.1M | $3.0M | 75x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.006% | L −0.0197% / S +0.0371% | 1h | $48K | — | 200x | as long as short |
| Orderly PERP_BNB_USDC | +0.007% | +0.0100% | 8h | $387K | $680K | 50x | as long as short |
| Kraken Futures PF_BNBUSD | +0.008% | +0.0041% | 1h | $2.5M | $932K | 50x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.010% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| SoDEX BNB-USD | +0.012% | +0.0109% | 1h | $394K | $1.0M | 10x | as long as short |
| Derive BNB-PERP | +0.019% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Bulk BNB-USD | +0.025% | +0.0110% | 1h | $650K | $82K | 10x | as long as short |
| Phoenix BNB | +0.027% | +0.0119% | 1h | $170K | $28K | 10x | as long as short |
| Aster BNBUSDT | +0.031% | +0.0101% | 8h | $6.4M | $18.8M | 200x | as long as short |
| SunX BNB-USDT | +0.038% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| edgeX BNBUSDC | +0.043% | +0.0100% | 4h | $4.2M | $76.8M | 30x | as long as short |
| Paradex BNB-USD-PERP | +0.046% | +0.0100% | 8h | $78K | $19K | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.049% | +0.0300% | 1h | $1.6M | $168K | 25x | as long as short |
| Backpack BNB_USDC_PERP | +0.052% | +0.0552% | 1h | $2.9M | $5.2M | 40x | as long as short |
| Hyperliquid BNB | +0.060% | +0.0249% | 1h | $51.2M | $21.4M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.070% | +0.0312% | 1h | $28K | $1K | 10x | as long as short |
| Binance BNBUSDT | +0.082% | +0.0108% | 8h | $517.1M | $797.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.112% | +0.0108% | 8h | $84.0M | $16.3M | 200x | as long as short |
Injective
HTX
Variational Omni
Coinbase International
ApeX Omni
StandX
KuCoin
Bybit
Bitget
Extended
OKX
Polymarket Perps
Gate
Pacifica
BingX
RISEx
Lighter
Phemex
BloFin
GMX
Kraken Futures
gTrade (Gains Network)
SoDEX
Derive
Bulk
Phoenix
Aster
SunX
Paradex
Deribit
Backpack
Hyperliquid
Binance
MEXC