After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.179%7d average−0.072%fees + slippage, in and out−$35spread needed0.352%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex BNB-USD-PERP | 803.89 | 0.0100 | pay 0.0100% / 8h | 7h 41m | $78K | $477K | 50x |
| Short | Kraken Futures PF_BNBUSD | 802.46 | 0.0215 | get 0.0027% / 1h | 41m 51s | $2.5M | $886K | 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
- −$17.88
- Funding while held
- $3.46
- Slippage, 4 orders
- −$21.2
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$49.62
- Spread needed to break even
- 0.352%
Slippage from Paradex: live order book, 4 min ago; Kraken Futures: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0115%
- Per $10,000 a day
- +$3.46
- 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 Paradex live order book, 4 min ago | 4.74 bp | 6.7 bp −$7 | 129.9 bp −$1,299 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.56 bp | 11.3 bp −$11 | 16.3 bp −$163 | 29.3 bp −$2,926 | 87.4 bp −$43.7K |
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 | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −0.652% | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| Variational Omni BNB | −0.511% | +0.0037% | 8h | $4.0M | $6.4M | — | as long as short |
| Bulk BNB-USD | −0.426% | +0.0215% | 1h | $650K | $132K | 10x | as long as short |
| StandX BNB-USD | −0.402% | 0.0000% | 1h | $866K | $3.4M | 30x | as long as short |
| ApeX Omni BNBUSDT | −0.343% | +0.0100% | 1h | $158K | $436K | 50x | as long as short |
| edgeX BNBUSDC | −0.342% | +0.0100% | 4h | $4.2M | $76.0M | 30x | as long as short |
| Bybit BNBUSDT | −0.261% | +0.0090% | 8h | $139.9M | $92.7M | 75x | as long as short |
| OKX BNB-USDT-SWAP | −0.261% | +0.0100% | 8h | $55.1M | $115.2M | 50x | as long as short |
| Lighter BNB | −0.254% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| Bitget BNBUSDT | −0.228% | +0.0100% | 8h | $78.3M | $25.1M | 75x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BNB_USDT | −0.223% | +0.0100% | 8h | $36.9M | $58.2M | 75x | as long as short |
| KuCoin BNBUSDTM | −0.223% | +0.0100% | 8h | $28.1M | $10.5M | 75x | as long as short |
| Nado BNB-PERP | −0.223% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Extended BNB-USD | −0.219% | +0.0104% | 1h | $1.7M | $6.2M | 50x | as long as short |
| BingX BNB-USDT | −0.198% | −0.0031% | 8h | — | $33.0M | — | as long as short |
| Hibachi BNB/USDT-P | −0.189% | +0.0264% | 1h | $71K | $46K | 12x | as long as short |
| Kraken Futures PF_BNBUSDshort | −0.179% | +0.0215% | 1h | $2.5M | $886K | 50x | |
| Binance BNBUSDT | −0.166% | +0.0126% | 8h | $523.2M | $798.9M | 75x | as long as short |
| Derive BNB-PERP | −0.161% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Aster BNBUSDT | −0.143% | +0.0127% | 8h | $6.3M | $19.7M | 200x | as long as short |
| Phoenix BNB | −0.140% | +0.0145% | 1h | $171K | $31K | 10x | as long as short |
| HTX BNB-USDT | −0.137% | +0.0100% | 8h | $8.2M | $5.6M | 75x | as long as short |
| dYdX BNB-USD | −0.136% | +0.0529% | 1h | $174K | $54K | 10x | as long as short |
| SoDEX BNB-USD | −0.136% | +0.0100% | 1h | $395K | $1.0M | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.132% | +0.0064% | 1h | $602K | $922K | 50x | as long as short |
| BloFin BNB-USDT | −0.127% | +0.0245% | 8h | $19.3M | $3.0M | 75x | as long as short |
| Backpack BNB_USDC_PERP | −0.126% | +0.0100% | 1h | $2.2M | $3.9M | 40x | as long as short |
| Reya BNBRUSDPERP | −0.115% | +0.0328% | 1h | $9K | — | 40x | as long as short |
| Phemex BNBUSDT | −0.112% | +0.0059% | 8h | $70.5M | $52.3M | 50x | as long as short |
| Aevo BNB-PERP | −0.111% | +0.0104% | 1h | $386K | $37K | 10x | as long as short |
| Hyperliquid BNB | −0.110% | +0.0449% | 1h | $52.3M | $21.6M | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | −0.108% | L +0.0008% / S −0.0008% | 1h | $9.8M | — | 150x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | −0.108% | L +0.0036% / S +0.0167% | 1h | $54K | — | 200x | as long as short |
| Kalshi KXBNBPERP | −0.099% | 0.0000% | 8h | $199K | $2.6M | 4.8x | as long as short |
| Orderly PERP_BNB_USDC | −0.093% | +0.0100% | 8h | $324K | $660K | 50x | as long as short |
| Pacifica BNB | −0.089% | +0.0100% | 1h | $1.2M | $910K | 20x | as long as short |
| Deribit BNB_USDC-PERPETUAL | −0.076% | +0.0200% | 1h | $1.6M | $167K | 25x | as long as short |
| Polymarket Perps BNB-USD | −0.054% | +0.0100% | 1h | $116K | $870K | 10x | as long as short |
| Arcus BNB-USD | −0.049% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| MEXC BNB_USDT | −0.049% | +0.0125% | 8h | $84.5M | $16.3M | 200x | as long as short |
| RISEx BNB/USDC | −0.045% | +0.0271% | 1h | $1.1M | $1.5M | 20x | as long as short |
| Hotstuff BNB-PERP | −0.022% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Paradex BNB-USD-PERPlong | 0.000% | +0.0100% | 8h | $78K | $477K | 50x | |
| SunX BNB-USDT | +0.012% | +0.0100% | 8h | $13K | $1.8M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.045% | +0.0304% | 1h | $28K | $1K | 10x | as long as short |
Paradex BNB-USD-PERP
Kraken Futures PF_BNBUSD
Injective
Variational Omni
Bulk
StandX
ApeX Omni
Bybit
OKX
Lighter
Bitget
Gate
KuCoin
Extended
BingX
Binance
Derive
Aster
Phoenix
HTX
SoDEX
Coinbase International
BloFin
Backpack
Phemex
Hyperliquid
gTrade (Gains Network)
GMX
Pacifica
Deribit
Polymarket Perps
MEXC
RISEx
SunX