After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.240%7d average−0.017%fees + slippage, in and out−$29spread needed0.292%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BNBUSD | 796.01 | −0.0072 | get 0.0009% / 1h | 11m 26s | $2.5M | $903K | 50x |
| Short | OKX BNB-USDT-SWAP | 794.10 | 0.0100 | get 0.0100% / 8h | 6h 11m | $54.5M | $115.5M | 50x |
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
- −$24.04
- Funding while held
- $5.17
- Slippage, 4 orders
- −$9.24
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.11
- Spread needed to break even
- 0.292%
Slippage from Kraken Futures: live order book, 4 min ago; OKX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0172%
- Per $10,000 a day
- +$5.17
- 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 Kraken Futures live order book, 4 min ago | 1.32 bp | 8.4 bp −$8 | 14.1 bp −$141 | 31.2 bp −$3,120 | 91.1 bp −$45.6K |
| Sell OKX live order book, 4 min ago | 0.63 bp | 5.6 bp −$6 | 7.0 bp −$70 | 15.7 bp −$1,566 | 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 | |
|---|---|---|---|---|---|---|---|
| Bybit BNBUSDT | −0.262% | −0.0027% | 8h | $137.9M | $91.7M | 75x | as long as short |
| Bitget BNBUSDT | −0.253% | +0.0100% | 8h | $77.5M | $25.2M | 75x | as long as short |
| Nado BNB-PERP | −0.243% | +0.0100% | 1h | $1.4M | $2.8M | 20x | as long as short |
| OKX BNB-USDT-SWAPshort | −0.240% | +0.0100% | 8h | $54.5M | $115.5M | 50x | |
| Reya BNBRUSDPERP | −0.226% | +0.0331% | 1h | $9K | — | 40x | as long as short |
| Polymarket Perps BNB-USD | −0.206% | +0.0100% | 1h | $123K | $881K | 10x | as long as short |
| Extended BNB-USD | −0.172% | +0.0104% | 1h | $1.8M | $6.5M | 50x | as long as short |
| Gate BNB_USDT | −0.140% | +0.0100% | 8h | $36.1M | $61.1M | 75x | as long as short |
| Binance BNBUSDT | −0.121% | +0.0101% | 8h | $512.4M | $808.9M | 75x | as long as short |
| RISEx BNB/USDC | −0.119% | +0.0119% | 1h | $1.1M | $1.5M | 20x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX BNB-USDT | −0.112% | −0.0025% | 8h | — | $33.1M | — | as long as short |
| Hyperliquid BNB | −0.102% | +0.0351% | 1h | $51.9M | $21.1M | 10x | as long as short |
| Arcus BNB-USD | −0.102% | +0.0100% | 1h | $51K | $239K | 10x | as long as short |
| dYdX BNB-USD | −0.088% | +0.0257% | 1h | $172K | $50K | 10x | as long as short |
| KuCoin BNBUSDTM | −0.080% | +0.0100% | 8h | $27.8M | $10.6M | 75x | as long as short |
| Pacifica BNB | −0.070% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| 01 Exchange BNBUSD | −0.048% | +0.0240% | 1h | $28K | $1K | 10x | as long as short |
| HTX BNB-USDT | −0.044% | +0.0100% | 8h | $8.1M | $6.4M | 75x | as long as short |
| Lighter BNB | −0.044% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.036% | L −0.0192% / S +0.0367% | 1h | $48K | — | 200x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.028% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Aster BNBUSDT | −0.022% | +0.0093% | 8h | $6.3M | $19.0M | 200x | as long as short |
| Paradex BNB-USD-PERP | −0.016% | +0.0100% | 8h | $77K | $165K | 50x | as long as short |
| Hibachi BNB/USDT-P | −0.014% | +0.0168% | 1h | $71K | $47K | 12x | as long as short |
| SoDEX BNB-USD | −0.014% | +0.0100% | 1h | $391K | $1.0M | 10x | as long as short |
| Derive BNB-PERP | −0.010% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Aevo BNB-PERP | −0.003% | +0.0104% | 1h | $382K | $40K | 10x | as long as short |
| Kraken Futures PF_BNBUSDlong | 0.000% | −0.0072% | 1h | $2.5M | $903K | 50x | |
| Orderly PERP_BNB_USDC | +0.005% | +0.0100% | 8h | $321K | $633K | 50x | as long as short |
| SunX BNB-USDT | +0.008% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Variational Omni BNB | +0.013% | +0.0023% | 8h | $4.1M | $6.4M | — | as long as short |
| Hotstuff BNB-PERP | +0.021% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Backpack BNB_USDC_PERP | +0.026% | +0.0100% | 1h | $2.1M | $4.7M | 40x | as long as short |
| ApeX Omni BNBUSDT | +0.028% | +0.0100% | 1h | $158K | $438K | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.033% | +0.0056% | 1h | $595K | $925K | 50x | as long as short |
| MEXC BNB_USDT | +0.036% | +0.0100% | 8h | $83.6M | $16.8M | 200x | as long as short |
| Kalshi KXBNBPERP | +0.036% | +0.0102% | 8h | $150K | $2.8M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.038% | +0.0222% | 8h | $19.0M | $3.0M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.042% | +0.0300% | 1h | $1.6M | $168K | 25x | as long as short |
| Phemex BNBUSDT | +0.051% | +0.0114% | 8h | $69.8M | $51.7M | 50x | as long as short |
| StandX BNB-USD | +0.061% | 0.0000% | 1h | $861K | $3.3M | 30x | as long as short |
| Phoenix BNB | +0.125% | +0.0130% | 1h | $169K | $30K | 10x | as long as short |
| Bulk BNB-USD | +0.153% | +0.0100% | 1h | $647K | $132K | 10x | as long as short |
| edgeX BNBUSDC | +0.161% | +0.0100% | 4h | $4.1M | $77.1M | 30x | as long as short |
| Injective BNB/USDC PERP | +0.331% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
Kraken Futures PF_BNBUSD
OKX BNB-USDT-SWAP
Bybit
Bitget
Polymarket Perps
Extended
Gate
Binance
RISEx
BingX
Hyperliquid
KuCoin
Pacifica
HTX
Lighter
GMX
gTrade (Gains Network)
Aster
Paradex
SoDEX
Derive
SunX
Variational Omni
Backpack
ApeX Omni
Coinbase International
MEXC
BloFin
Deribit
Phemex
StandX
Phoenix
Bulk
Injective