After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.022%7d average+0.093%fees + slippage, in and out−$26spread needed0.259%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 793.17 | 0.0096 | pay 0.0012% / 1h | 43m 56s | $2.7M | $2.7M | 20x |
| Short | StandX BNB-USD | 793.00 | 0 | get 0.0000% / 1h | 43m 56s | $859K | $3.3M | 30x |
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
- −$2.18
- Funding while held
- −$2.88
- Slippage, 4 orders
- −$17.85
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$30.91
- Spread needed to break even
- 0.259%
Slippage from Lighter: live order book, 5 min ago; StandX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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, 5 min ago | 1.04 bp | 1.5 bp −$2 | 5.2 bp −$52 | 12.8 bp −$1,282 | 77.5 bp −$38.7K |
| Sell StandX live order book, 2 min ago | 5.41 bp | 10.7 bp −$11 | 13.2 bp −$132 | 54.0 bp −$5,401 | doesn't fit |
BNB price on every exchange
against the cheapest. Click to use as the short leg.BNB on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −3.133% | +0.0033% | 1h | $18K | $464K | 30x | as long as short |
| Variational Omni BNB | −0.105% | −0.0033% | 8h | $4.3M | $6.1M | — | as long as short |
| gTrade (Gains Network) BNB/USD | −0.095% | L +0.0008% / S −0.0008% | 1h | $9.6M | — | 150x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.086% | L +0.0028% / S +0.0176% | 1h | $54K | — | 200x | as long as short |
| dYdX BNB-USD | −0.084% | +0.0796% | 1h | $172K | $54K | 10x | as long as short |
| Reya BNBRUSDPERP | −0.082% | +0.0324% | 1h | $9K | — | 40x | as long as short |
| Phoenix BNB | −0.065% | +0.0125% | 1h | $169K | $52K | 10x | as long as short |
| Orderly PERP_BNB_USDC | −0.063% | +0.0100% | 8h | $296K | $643K | 50x | as long as short |
| Nado BNB-PERP | −0.060% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| Polymarket Perps BNB-USD | −0.038% | +0.0100% | 1h | $105K | $834K | 10x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive BNB-PERP | −0.037% | +0.0100% | 1h | $30K | $2K | 10x | as long as short |
| Extended BNB-USD | −0.035% | +0.0104% | 1h | $2.0M | $6.0M | 50x | as long as short |
| RISEx BNB/USDC | −0.032% | +0.0132% | 1h | $1.2M | $1.5M | 20x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.026% | +0.0072% | 1h | $593K | $890K | 50x | as long as short |
| StandX BNB-USDshort | −0.022% | 0.0000% | 1h | $859K | $3.3M | 30x | |
| Hibachi BNB/USDT-P | −0.021% | +0.0280% | 1h | $71K | $40K | 12x | as long as short |
| Bitget BNBUSDT | −0.013% | +0.0100% | 8h | $76.1M | $21.0M | 75x | as long as short |
| Lighter BNBlong | 0.000% | +0.0096% | 1h | $2.7M | $2.7M | 20x | |
| OKX BNB-USDT-SWAP | +0.003% | +0.0100% | 8h | $52.9M | $96.8M | 50x | as long as short |
| Arcus BNB-USD | +0.003% | +0.0100% | 1h | $51K | $241K | 10x | as long as short |
| Gate BNB_USDT | +0.003% | +0.0100% | 8h | $36.2M | $53.8M | 75x | as long as short |
| HTX BNB-USDT | +0.007% | +0.0100% | 8h | $8.1M | $4.0M | 75x | as long as short |
| Kraken Futures PF_BNBUSD | +0.011% | +0.0071% | 1h | $2.5M | $733K | 50x | as long as short |
| Pacifica BNB | +0.011% | +0.0100% | 1h | $1.2M | $722K | 20x | as long as short |
| Aevo BNB-PERP | +0.014% | +0.0104% | 1h | $381K | $37K | 10x | as long as short |
| Bulk BNB-USD | +0.015% | +0.0349% | 1h | $632K | $84K | 10x | as long as short |
| Bybit BNBUSDT | +0.016% | −0.0039% | 8h | $138.7M | $82.3M | 75x | as long as short |
| SoDEX BNB-USD | +0.016% | +0.0145% | 1h | $390K | $1.0M | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.018% | +0.0300% | 1h | $1.5M | $143K | 25x | as long as short |
| BingX BNB-USDC | +0.030% | −0.0044% | 8h | — | $13.1M | — | as long as short |
| KuCoin BNBUSDTM | +0.031% | +0.0100% | 8h | $28.3M | $9.8M | 75x | as long as short |
| SunX BNB-USDT | +0.042% | +0.0100% | 8h | $13K | $1.6M | 50x | as long as short |
| Hotstuff BNB-PERP | +0.046% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Kalshi KXBNBPERP | +0.054% | 0.0000% | 8h | $152K | $2.5M | 4.8x | as long as short |
| Phemex BNBUSDT | +0.060% | +0.0104% | 8h | $70.2M | $52.1M | 50x | as long as short |
| BloFin BNB-USDT | +0.065% | +0.0198% | 8h | $19.2M | $2.8M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.068% | +0.0100% | 8h | $77K | $821K | 50x | as long as short |
| Backpack BNB_USDC_PERP | +0.098% | +0.0100% | 1h | $2.1M | $1.0M | 40x | as long as short |
| Aster BNBUSDT | +0.116% | +0.0081% | 8h | $6.1M | $18.1M | 200x | as long as short |
| Binance BNBUSDT | +0.119% | +0.0078% | 8h | $515.9M | $706.9M | 75x | as long as short |
| edgeX BNBUSDC | +0.146% | +0.0100% | 4h | $4.1M | $66.7M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.147% | +0.0100% | 1h | $184K | $417K | 50x | as long as short |
| Hyperliquid BNB | +0.148% | +0.0324% | 1h | $50.1M | $19.1M | 10x | as long as short |
| MEXC BNB_USDT | +0.218% | +0.0077% | 8h | $83.5M | $14.7M | 200x | as long as short |
Lighter BNB
StandX BNB-USD
Injective
Variational Omni
gTrade (Gains Network)
GMX
Phoenix
Polymarket Perps
Derive
Extended
RISEx
Coinbase International
Bitget
OKX
Gate
HTX
Kraken Futures
Pacifica
Bulk
Bybit
SoDEX
Deribit
BingX
KuCoin
SunX
Phemex
BloFin
Paradex
Backpack
Aster
Binance
ApeX Omni
Hyperliquid
MEXC