After costs, if the gap returns to its 7d average, $10k−$102
spread now+0.057%7d average−0.074%fees + slippage, in and out−$115spread needed1.149%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix BNB | 805.53 | 0.0172 | pay 0.0022% / 1h | 5m 46s | $172K | $30K | 10x |
| Short | Aevo BNB-PERP | 805.99 | 0.0104 | get 0.0013% / 1h | 5m 46s | $387K | $37K | 10x |
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
- $5.72
- Funding while held
- −$2.05
- Slippage, 4 orders
- −$91.88
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$111.22
- Spread needed to break even
- 1.149%
Slippage from Phoenix: live order book, 40 min ago; Aevo: live order book, 45 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.05
- 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 Phoenix live order book, 40 min ago | 0.99 bp | 12.4 bp −$12 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 45 min ago | 13.37 bp | 38.6 bp −$39 | 44.9 bp −$449 | 91.8 bp −$9,183 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −0.854% | +0.0306% | 1h | $19K | $620K | 30x | as long as short |
| Coinbase International BNB-PERP-INTX | −0.273% | +0.0072% | 1h | $603K | $927K | 50x | as long as short |
| Bulk BNB-USD | −0.186% | +0.0344% | 1h | $653K | $132K | 10x | as long as short |
| Derive BNB-PERP | −0.128% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Extended BNB-USD | −0.104% | +0.0104% | 1h | $1.8M | $6.5M | 50x | as long as short |
| OKX BNB-USDT-SWAP | −0.103% | +0.0100% | 8h | $55.6M | $114.2M | 50x | as long as short |
| Bybit BNBUSDT | −0.096% | +0.0074% | 8h | $140.2M | $92.1M | 75x | as long as short |
| Bitget BNBUSDT | −0.082% | +0.0100% | 8h | $78.5M | $24.7M | 75x | as long as short |
| Gate BNB_USDT | −0.066% | +0.0100% | 8h | $37.0M | $58.5M | 75x | as long as short |
| dYdX BNB-USD | −0.045% | +0.0615% | 1h | $175K | $54K | 10x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter BNB | −0.033% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| BingX BNB-USDC | −0.031% | +0.0057% | 8h | — | $13.1M | — | as long as short |
| Nado BNB-PERP | −0.029% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Variational Omni BNB | −0.027% | +0.0041% | 8h | $4.0M | $6.6M | — | as long as short |
| KuCoin BNBUSDTM | −0.021% | +0.0100% | 8h | $28.2M | $10.5M | 75x | as long as short |
| HTX BNB-USDT | −0.020% | +0.0100% | 8h | $8.2M | $5.3M | 75x | as long as short |
| StandX BNB-USD | −0.012% | 0.0000% | 1h | $871K | $3.5M | 30x | as long as short |
| Phoenix BNBlong | 0.000% | +0.0172% | 1h | $172K | $30K | 10x | |
| Reya BNBRUSDPERP | +0.001% | +0.0327% | 1h | $9K | — | 40x | as long as short |
| Kraken Futures PF_BNBUSD | +0.002% | +0.0586% | 1h | $2.5M | $868K | 50x | as long as short |
| ApeX Omni BNBUSDT | +0.007% | +0.0100% | 1h | $159K | $432K | 50x | as long as short |
| SoDEX BNB-USD | +0.009% | +0.0177% | 1h | $396K | $1.0M | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.017% | +0.0384% | 1h | $71K | $46K | 12x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.018% | L +0.0008% / S −0.0008% | 1h | $9.8M | — | 150x | as long as short |
| Polymarket Perps BNB-USD | +0.019% | +0.0100% | 1h | $114K | $869K | 10x | as long as short |
| Binance BNBUSDT | +0.021% | +0.0124% | 8h | $525.1M | $793.5M | 75x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.023% | L +0.0032% / S +0.0169% | 1h | $54K | — | 200x | as long as short |
| BloFin BNB-USDT | +0.031% | +0.0243% | 8h | $19.6M | $3.0M | 75x | as long as short |
| Aster BNBUSDT | +0.034% | +0.0131% | 8h | $6.2M | $20.0M | 200x | as long as short |
| Orderly PERP_BNB_USDC | +0.034% | +0.0100% | 8h | $301K | $641K | 50x | as long as short |
| Pacifica BNB | +0.036% | +0.0100% | 1h | $1.2M | $907K | 20x | as long as short |
| edgeX BNBUSDC | +0.057% | +0.0100% | 4h | $4.2M | $74.6M | 30x | as long as short |
| Aevo BNB-PERPshort | +0.057% | +0.0104% | 1h | $387K | $37K | 10x | |
| Deribit BNB_USDC-PERPETUAL | +0.062% | +0.0200% | 1h | $1.6M | $164K | 25x | as long as short |
| Phemex BNBUSDT | +0.067% | +0.0098% | 8h | $70.8M | $52.5M | 50x | as long as short |
| Arcus BNB-USD | +0.071% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| Hotstuff BNB-PERP | +0.071% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| RISEx BNB/USDC | +0.075% | +0.0202% | 1h | $1.2M | $1.5M | 20x | as long as short |
| Hyperliquid BNB | +0.081% | +0.0420% | 1h | $52.4M | $21.4M | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.091% | +0.0283% | 1h | $2.9M | $3.3M | 40x | as long as short |
| Paradex BNB-USD-PERP | +0.095% | +0.0100% | 8h | $78K | $545K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.096% | 0.0000% | 8h | $163K | $2.6M | 4.8x | as long as short |
| MEXC BNB_USDT | +0.108% | +0.0122% | 8h | $84.9M | $16.6M | 200x | as long as short |
| SunX BNB-USDT | +0.119% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.148% | +0.0344% | 1h | $29K | $1K | 10x | as long as short |
Phoenix BNB
Injective
Coinbase International
Bulk
Derive
Extended
OKX
Bybit
Bitget
Gate
Lighter
BingX
Variational Omni
KuCoin
HTX
StandX
Kraken Futures
ApeX Omni
SoDEX
gTrade (Gains Network)
Polymarket Perps
Binance
GMX
BloFin
Aster
Pacifica
Deribit
Phemex
RISEx
Hyperliquid
Backpack
Paradex
MEXC
SunX