After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.073%7d average+0.195%fees + slippage, in and out−$9spread needed0.094%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 794.02 | 0.0096 | pay 0.0012% / 1h | 5m 10s | $2.6M | $3.4M | 20x |
| Short | MEXC BNB_USDT | 794.60 | 0.0097 | get 0.0097% / 8h | 6h 05m | $83.5M | $16.8M | 200x |
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
- $7.32
- Funding while held
- $0.03
- Slippage, 4 orders
- −$5.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$2.09
- Spread needed to break even
- 0.094%
Slippage from Lighter: live order book, 4 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.03
- 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 Lighter live order book, 4 min ago | 0.38 bp | 1.8 bp −$2 | 5.9 bp −$59 | 17.0 bp −$1,700 | 74.0 bp −$37.0K |
| Sell MEXC live order book, 5 min ago | 0.63 bp | 3.4 bp −$3 | 7.3 bp −$73 | 21.1 bp −$2,115 | 35.6 bp −$17.8K |
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 | −0.109% | −0.0029% | 8h | $137.6M | $91.6M | 75x | as long as short |
| Nado BNB-PERP | −0.103% | +0.0100% | 1h | $1.4M | $2.8M | 20x | as long as short |
| Bitget BNBUSDT | −0.097% | +0.0100% | 8h | $77.4M | $24.9M | 75x | as long as short |
| Gate BNB_USDT | −0.084% | +0.0100% | 8h | $36.0M | $61.3M | 75x | as long as short |
| OKX BNB-USDT-SWAP | −0.078% | +0.0100% | 8h | $54.5M | $115.4M | 50x | as long as short |
| Reya BNBRUSDPERP | −0.072% | +0.0331% | 1h | $9K | — | 40x | as long as short |
| KuCoin BNBUSDTM | −0.064% | +0.0100% | 8h | $27.7M | $10.5M | 75x | as long as short |
| Extended BNB-USD | −0.058% | +0.0104% | 1h | $1.8M | $6.4M | 50x | as long as short |
| BingX BNB-USDT | −0.057% | −0.0029% | 8h | — | $33.2M | — | as long as short |
| Coinbase International BNB-PERP-INTX | −0.045% | +0.0056% | 1h | $596K | $911K | 50x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps BNB-USD | −0.043% | +0.0100% | 1h | $123K | $881K | 10x | as long as short |
| Arcus BNB-USD | −0.040% | +0.0100% | 1h | $51K | $239K | 10x | as long as short |
| Pacifica BNB | −0.035% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| dYdX BNB-USD | −0.032% | +0.0253% | 1h | $172K | $50K | 10x | as long as short |
| Hibachi BNB/USDT-P | −0.031% | +0.0168% | 1h | $70K | $47K | 12x | as long as short |
| HTX BNB-USDT | −0.031% | +0.0100% | 8h | $8.1M | $6.5M | 75x | as long as short |
| RISEx BNB/USDC | −0.028% | +0.0119% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Variational Omni BNB | −0.025% | +0.0022% | 8h | $4.1M | $6.4M | — | as long as short |
| Kraken Futures PF_BNBUSD | −0.018% | −0.0073% | 1h | $2.5M | $923K | 50x | as long as short |
| SoDEX BNB-USD | −0.015% | +0.0100% | 1h | $390K | $1.0M | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.007% | L +0.0008% / S −0.0008% | 1h | $9.6M | — | 150x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.003% | L −0.0193% / S +0.0368% | 1h | $48K | — | 200x | as long as short |
| Derive BNB-PERP | −0.003% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Lighter BNBlong | 0.000% | +0.0096% | 1h | $2.6M | $3.4M | 20x | |
| Backpack BNB_USDC_PERP | +0.003% | +0.0100% | 1h | $2.1M | $4.7M | 40x | as long as short |
| Aevo BNB-PERP | +0.010% | +0.0104% | 1h | $381K | $40K | 10x | as long as short |
| Binance BNBUSDT | +0.010% | +0.0097% | 8h | $511.7M | $806.5M | 75x | as long as short |
| Aster BNBUSDT | +0.010% | +0.0088% | 8h | $6.3M | $18.8M | 200x | as long as short |
| Orderly PERP_BNB_USDC | +0.022% | +0.0100% | 8h | $320K | $632K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.023% | +0.0105% | 8h | $151K | $2.8M | 4.8x | as long as short |
| Phemex BNBUSDT | +0.023% | +0.0096% | 8h | $69.6M | $51.5M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.033% | +0.0240% | 1h | $28K | $1K | 10x | as long as short |
| Hyperliquid BNB | +0.034% | +0.0336% | 1h | $51.7M | $21.1M | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.036% | +0.0100% | 8h | $77K | $135K | 50x | as long as short |
| BloFin BNB-USDT | +0.047% | +0.0217% | 8h | $19.0M | $3.0M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.049% | +0.0200% | 1h | $1.5M | $168K | 25x | as long as short |
| Phoenix BNB | +0.052% | +0.0130% | 1h | $169K | $30K | 10x | as long as short |
| SunX BNB-USDT | +0.057% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Hotstuff BNB-PERP | +0.066% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| MEXC BNB_USDTshort | +0.073% | +0.0097% | 8h | $83.5M | $16.8M | 200x | |
| StandX BNB-USD | +0.097% | 0.0000% | 1h | $859K | $3.3M | 30x | as long as short |
| edgeX BNBUSDC | +0.102% | +0.0100% | 4h | $4.1M | $77.1M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.154% | +0.0100% | 1h | $157K | $438K | 50x | as long as short |
| Bulk BNB-USD | +0.404% | +0.0100% | 1h | $647K | $132K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.583% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
Lighter BNB
MEXC BNB_USDT
Bybit
Bitget
Gate
OKX
KuCoin
Extended
BingX
Coinbase International
Polymarket Perps
Pacifica
HTX
RISEx
Variational Omni
Kraken Futures
SoDEX
gTrade (Gains Network)
GMX
Derive
Backpack
Binance
Aster
Phemex
Hyperliquid
Paradex
BloFin
Deribit
Phoenix
SunX
StandX
ApeX Omni
Bulk
Injective