data as of
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Price arb /

BNB

all BNB markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.008%7d average−0.024%fees + slippage, in and out−$47spread needed0.474%
Long on LighterShort on dYdX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BNB800.660.0096pay 0.0012% / 1h47m 20s$2.6M$3.4M20x
ShortdYdX BNB-USD800.600.0544get 0.0068% / 1h47m 20s$174K$54K10x

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
−$0.79
Funding while held
$13.45
Slippage, 4 orders
−$37.36
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$34.7
Spread needed to break even
0.474%
Slippage from Lighter: live order book, 7 min ago; dYdX: live order book, 63 min ago.

Cost of waiting

funding view
Funding /8h
+0.0448%
Per $10,000 a day
+$13.45
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 Lighter live order book, 7 min ago0.75 bp1.8 bp −$25.8 bp −$5815.2 bp −$1,52579.6 bp −$39.8K
Sell dYdX live order book, 63 min ago16.13 bp22.3 bp −$2249.9 bp −$49964.2 bp −$6,422125.4 bp −$62.7K

BNB price on every exchange

against the cheapest. Click to use as the short leg.
Injective798.65cheapestCoinbase International799.51+0.108%Variational Omni799.62+0.121%Bitget799.81+0.145%Hibachi799.87+0.152%Bybit799.92+0.159%KuCoin799.95+0.163%Reya799.98+0.166%Derive799.99+0.168%Gate800.00+0.169%StandX800.09+0.180%OKX800.10+0.182%Extended800.24+0.199%BingX800.30+0.207%GMX800.37+0.216%gTrade (Gains Network)800.38+0.216%Polymarket Perps800.45+0.225%BloFin800.50+0.232%ApeX Omni800.51+0.233%Orderly800.54+0.237%edgeX800.54+0.237%Aevo800.56+0.239%
dYdX800.60+0.244%
HTX800.64+0.250%Nado800.65+0.251%
Lighter800.66+0.252%
RISEx800.79+0.268%Pacifica800.86+0.277%Binance800.91+0.282%Kraken Futures800.93+0.286%Aster801.00+0.294%Arcus801.00+0.294%SoDEX801.00+0.294%Hotstuff801.01+0.295%Phoenix801.06+0.302%Hyperliquid801.07+0.303%01 Exchange801.12+0.309%Deribit801.21+0.320%Phemex801.24+0.324%Backpack801.39+0.343%SunX801.40+0.344%Paradex801.44+0.349%MEXC801.50+0.357%Kalshi801.80+0.394%Bulk801.84+0.399%

BNB on 45 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BNB/USDC PERP−0.251%+0.0033%1h$19K$437K30xas long as short
Coinbase International BNB-PERP-INTX−0.144%+0.0064%1h$600K$917K50xas long as short
Variational Omni BNB−0.131%+0.0036%8h$4.0M$6.6M—as long as short
Bitget BNBUSDT−0.107%+0.0100%8h$78.0M$25.1M75xas long as short
Hibachi BNB/USDT-P−0.099%+0.0304%1h$71K$46K12xas long as short
Bybit BNBUSDT−0.093%−0.0023%8h$139.6M$92.6M75xas long as short
KuCoin BNBUSDTM−0.089%+0.0100%8h$28.0M$10.5M75xas long as short
Reya BNBRUSDPERP−0.085%+0.0328%1h$9K—40xas long as short
Derive BNB-PERP−0.084%+0.0100%1h$32K$5K10xas long as short
Gate BNB_USDT−0.083%+0.0051%8h$36.7M$58.0M75xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
StandX BNB-USD−0.072%0.0000%1h$865K$3.4M30xas long as short
OKX BNB-USDT-SWAP−0.070%+0.0100%8h$55.0M$114.7M50xas long as short
Extended BNB-USD−0.053%+0.0104%1h$1.7M$6.3M50xas long as short
BingX BNB-USDT−0.045%−0.0069%8h—$32.9M—as long as short
GMX BNB/USD [WBTC.b-USDC]−0.036%L +0.0033% / S +0.0168%1h$54K—200xas long as short
gTrade (Gains Network) BNB/USD−0.036%L +0.0008% / S −0.0008%1h$9.7M—150xas long as short
Polymarket Perps BNB-USD−0.027%+0.0100%1h$116K$870K10xas long as short
BloFin BNB-USDT−0.020%+0.0245%8h$19.3M$2.9M75xas long as short
ApeX Omni BNBUSDT−0.019%+0.0100%1h$158K$436K50xas long as short
Orderly PERP_BNB_USDC−0.015%+0.0100%8h$323K$660K50xas long as short
edgeX BNBUSDC−0.015%+0.0100%4h$4.2M$75.8M30xas long as short
Aevo BNB-PERP−0.013%+0.0104%1h$385K$37K10xas long as short
dYdX BNB-USDshort−0.008%+0.0544%1h$174K$54K10x
HTX BNB-USDT−0.002%+0.0100%8h$8.2M$5.6M75xas long as short
Nado BNB-PERP−0.001%+0.0100%1h$1.5M$2.9M20xas long as short
Lighter BNBlong0.000%+0.0096%1h$2.6M$3.4M20x
RISEx BNB/USDC+0.016%+0.0271%1h$1.1M$1.5M20xas long as short
Pacifica BNB+0.025%+0.0100%1h$1.2M$910K20xas long as short
Binance BNBUSDT+0.030%+0.0125%8h$521.9M$797.9M75xas long as short
Kraken Futures PF_BNBUSD+0.033%+0.0216%1h$2.5M$866K50xas long as short
Aster BNBUSDT+0.042%+0.0124%8h$6.2M$19.7M200xas long as short
Arcus BNB-USD+0.042%+0.0100%1h$52K$242K10xas long as short
SoDEX BNB-USD+0.042%+0.0107%1h$394K$1.0M10xas long as short
Hotstuff BNB-PERP+0.043%−0.0080%1h$4K$1K25xas long as short
Phoenix BNB+0.050%+0.0145%1h$171K$31K10xas long as short
Hyperliquid BNB+0.051%+0.0436%1h$52.2M$21.6M10xas long as short
01 Exchange BNBUSD+0.057%+0.0296%1h$28K$1K10xas long as short
Deribit BNB_USDC-PERPETUAL+0.068%+0.0300%1h$1.6M$164K25xas long as short
Phemex BNBUSDT+0.072%+0.0219%8h$70.3M$52.4M50xas long as short
Backpack BNB_USDC_PERP+0.091%+0.0100%1h$2.2M$3.9M40xas long as short
SunX BNB-USDT+0.092%+0.0100%8h$13K$1.8M50xas long as short
Paradex BNB-USD-PERP+0.097%+0.0100%8h$78K$493K50xas long as short
MEXC BNB_USDT+0.104%+0.0125%8h$84.3M$16.3M200xas long as short
Kalshi KXBNBPERP+0.142%0.0000%8h$199K$2.6M4.8xas long as short
Bulk BNB-USD+0.147%+0.0262%1h$651K$132K10xas long as short