After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.115%7d average+0.002%fees + slippage, in and out−$13spread needed0.131%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 796.82 | 0.0096 | pay 0.0012% / 1h | 46m 46s | $2.6M | $3.3M | 20x |
| Short | RISEx BNB/USDC | 797.73 | 0.0119 | get 0.0015% / 1h | 46m 46s | $1.1M | $1.5M | 20x |
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
- $11.47
- Funding while held
- $0.69
- Slippage, 4 orders
- −$7.12
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$0.96
- Spread needed to break even
- 0.131%
Slippage from Lighter: live order book, 2 min ago; RISEx: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0023%
- Per $10,000 a day
- +$0.69
- 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, 2 min ago | 0.75 bp | 0.8 bp −$1 | 3.6 bp −$36 | 13.5 bp −$1,346 | 66.4 bp −$33.2K |
| Sell RISEx live order book, 3 min ago | 1.69 bp | 4.7 bp −$5 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|
| OKX BNB-USDT-SWAP | −0.065% | +0.0100% | 8h | $54.8M | $116.7M | 50x | as long as short |
| Bitget BNBUSDT | −0.061% | +0.0100% | 8h | $77.7M | $25.2M | 75x | as long as short |
| Bybit BNBUSDT | −0.052% | +0.0011% | 8h | $138.8M | $91.5M | 75x | as long as short |
| Arcus BNB-USD | −0.002% | +0.0100% | 1h | $52K | $239K | 10x | as long as short |
| Lighter BNBlong | 0.000% | +0.0096% | 1h | $2.6M | $3.3M | 20x | |
| Reya BNBRUSDPERP | +0.007% | +0.0330% | 1h | $9K | — | 40x | as long as short |
| KuCoin BNBUSDTM | +0.008% | +0.0100% | 8h | $27.9M | $10.6M | 75x | as long as short |
| Pacifica BNB | +0.020% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| Gate BNB_USDT | +0.042% | +0.0100% | 8h | $36.1M | $59.9M | 75x | as long as short |
| Extended BNB-USD | +0.042% | +0.0104% | 1h | $1.8M | $6.5M | 50x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.044% | +0.0109% | 8h | $514.8M | $808.8M | 75x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.046% | 0.0000% | 1h | $1.6M | $168K | 25x | as long as short |
| Kraken Futures PF_BNBUSD | +0.061% | −0.0072% | 1h | $2.5M | $891K | 50x | as long as short |
| Derive BNB-PERP | +0.065% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.067% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Aevo BNB-PERP | +0.069% | +0.0104% | 1h | $383K | $40K | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.071% | +0.0100% | 8h | $78K | $297K | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.071% | L −0.0188% / S +0.0365% | 1h | $48K | — | 200x | as long as short |
| Nado BNB-PERP | +0.073% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| Polymarket Perps BNB-USD | +0.078% | +0.0100% | 1h | $123K | $881K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.085% | +0.0100% | 8h | $322K | $633K | 50x | as long as short |
| Aster BNBUSDT | +0.097% | +0.0105% | 8h | $6.2M | $19.0M | 200x | as long as short |
| BingX BNB-USDC | +0.098% | +0.0005% | 8h | — | $13.2M | — | as long as short |
| SoDEX BNB-USD | +0.098% | +0.0100% | 1h | $392K | $1.0M | 10x | as long as short |
| dYdX BNB-USD | +0.105% | +0.0203% | 1h | $173K | $51K | 10x | as long as short |
| Phemex BNBUSDT | +0.113% | +0.0065% | 8h | $70.0M | $51.7M | 50x | as long as short |
| RISEx BNB/USDCshort | +0.115% | +0.0119% | 1h | $1.1M | $1.5M | 20x | |
| StandX BNB-USD | +0.118% | 0.0000% | 1h | $863K | $3.4M | 30x | as long as short |
| BloFin BNB-USDT | +0.125% | +0.0229% | 8h | $19.0M | $2.9M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.131% | +0.0100% | 1h | $2.1M | $4.7M | 40x | as long as short |
| Hotstuff BNB-PERP | +0.136% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| MEXC BNB_USDT | +0.136% | +0.0109% | 8h | $83.8M | $16.7M | 200x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.145% | +0.0056% | 1h | $599K | $923K | 50x | as long as short |
| SunX BNB-USDT | +0.151% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| HTX BNB-USDT | +0.156% | +0.0100% | 8h | $8.2M | $6.3M | 75x | as long as short |
| Kalshi KXBNBPERP | +0.161% | 0.0000% | 8h | $178K | $2.8M | 4.8x | as long as short |
| Phoenix BNB | +0.161% | +0.0130% | 1h | $170K | $30K | 10x | as long as short |
| Hyperliquid BNB | +0.164% | +0.0385% | 1h | $51.9M | $21.7M | 10x | as long as short |
| 01 Exchange BNBUSD | +0.172% | +0.0232% | 1h | $28K | $1K | 10x | as long as short |
| Bulk BNB-USD | +0.175% | +0.0100% | 1h | $648K | $132K | 10x | as long as short |
| ApeX Omni BNBUSDT | +0.215% | +0.0100% | 1h | $159K | $437K | 50x | as long as short |
| Hibachi BNB/USDT-P | +0.216% | +0.0160% | 1h | $71K | $47K | 12x | as long as short |
| Variational Omni BNB | +0.222% | +0.0034% | 8h | $4.0M | $6.3M | — | as long as short |
| Injective BNB/USDC PERP | +0.230% | +0.0033% | 1h | $19K | $387K | 30x | as long as short |
| edgeX BNBUSDC | +0.264% | +0.0100% | 4h | $4.1M | $77.6M | 30x | as long as short |
Lighter BNB
RISEx BNB/USDC
OKX
Bitget
Bybit
KuCoin
Pacifica
Gate
Extended
Binance
Deribit
Kraken Futures
Derive
gTrade (Gains Network)
Paradex
GMX
Polymarket Perps
Aster
BingX
SoDEX
Phemex
StandX
BloFin
Backpack
MEXC
Coinbase International
SunX
HTX
Phoenix
Hyperliquid
Bulk
ApeX Omni
Variational Omni
Injective