After costs, if the gap returns to its 7d average, $10k−$276
spread now+0.050%7d average−0.003%fees + slippage, in and out−$282spread needed2.816%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps BNB-USD | 803.85 | 0.0100 | pay 0.0013% / 1h | 41m 57s | $109K | $859K | 10x |
| Short | gTrade (Gains Network) BNB/USD | 804.25 | L +0.0008% / S −0.0008% | get 0.0001% / 1h | 41m 57s | $9.8M | — | 150x |
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
- $5.01
- Funding while held
- −$2.77
- Slippage, 4 orders
- −$263.61
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$279.36
- Spread needed to break even
- 2.816%
Slippage from Polymarket Perps: live order book, 7 min ago; gTrade (Gains Network): virtual book (oracle venue), 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0092%
- Per $10,000 a day
- −$2.77
- 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 Polymarket Perps live order book, 7 min ago | 1.80 bp | 5.8 bp −$6 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 4 min ago | 130.00 bp | 135.0 bp −$135 | 135.0 bp −$1,350 | 484.2 bp −$48.4K | 3301.4 bp −$1.65M |
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 | −0.647% | +0.0306% | 1h | $19K | $620K | 30x | as long as short |
| Reya BNBRUSDPERP | −0.036% | +0.0326% | 1h | $9K | — | 40x | as long as short |
| HTX BNB-USDT | −0.007% | +0.0100% | 8h | $8.2M | $4.8M | 75x | as long as short |
| Polymarket Perps BNB-USDlong | 0.000% | +0.0100% | 1h | $109K | $859K | 10x | |
| Nado BNB-PERP | +0.012% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Kraken Futures PF_BNBUSD | +0.027% | +0.0587% | 1h | $2.5M | $812K | 50x | as long as short |
| OKX BNB-USDT-SWAP | +0.044% | +0.0100% | 8h | $54.9M | $109.6M | 50x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.045% | L +0.0034% / S +0.0173% | 1h | $54K | — | 200x | as long as short |
| Bitget BNBUSDT | +0.045% | +0.0100% | 8h | $77.4M | $23.0M | 75x | as long as short |
| gTrade (Gains Network) BNB/USDshort | +0.050% | L +0.0008% / S −0.0008% | 1h | $9.8M | — | 150x |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter BNB | +0.054% | +0.0096% | 1h | $2.6M | $3.3M | 20x | as long as short |
| Aevo BNB-PERP | +0.059% | +0.0104% | 1h | $386K | $37K | 10x | as long as short |
| Extended BNB-USD | +0.063% | +0.0104% | 1h | $1.9M | $6.3M | 50x | as long as short |
| Bybit BNBUSDT | +0.063% | +0.0062% | 8h | $141.9M | $88.3M | 75x | as long as short |
| Orderly PERP_BNB_USDC | +0.075% | +0.0100% | 8h | $300K | $644K | 50x | as long as short |
| KuCoin BNBUSDTM | +0.078% | +0.0100% | 8h | $28.2M | $10.3M | 75x | as long as short |
| SoDEX BNB-USD | +0.081% | +0.0199% | 1h | $396K | $1.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.082% | +0.0202% | 1h | $1.2M | $1.5M | 20x | as long as short |
| dYdX BNB-USD | +0.096% | +0.0676% | 1h | $174K | $54K | 10x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.098% | +0.0100% | 1h | $1.6M | $155K | 25x | as long as short |
| Gate BNB_USDT | +0.100% | +0.0100% | 8h | $36.6M | $56.4M | 75x | as long as short |
| Arcus BNB-USD | +0.106% | +0.0100% | 1h | $52K | $239K | 10x | as long as short |
| SunX BNB-USDT | +0.112% | +0.0100% | 8h | $13K | $1.7M | 50x | as long as short |
| Derive BNB-PERP | +0.112% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| BingX BNB-USDC | +0.114% | +0.0039% | 8h | — | $13.1M | — | as long as short |
| Backpack BNB_USDC_PERP | +0.114% | +0.0534% | 1h | $2.2M | $2.8M | 40x | as long as short |
| Pacifica BNB | +0.117% | +0.0100% | 1h | $1.2M | $896K | 20x | as long as short |
| Kalshi KXBNBPERP | +0.118% | 0.0000% | 8h | $165K | $2.5M | 4.8x | as long as short |
| Phemex BNBUSDT | +0.121% | +0.0099% | 8h | $70.9M | $52.2M | 50x | as long as short |
| Aster BNBUSDT | +0.137% | +0.0124% | 8h | $6.2M | $19.4M | 200x | as long as short |
| Hotstuff BNB-PERP | +0.139% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| 01 Exchange BNBUSD | +0.146% | +0.0360% | 1h | $28K | $1K | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.176% | +0.0100% | 8h | $78K | $627K | 50x | as long as short |
| Hyperliquid BNB | +0.177% | +0.0413% | 1h | $51.0M | $20.3M | 10x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.189% | +0.0072% | 1h | $606K | $815K | 50x | as long as short |
| Variational Omni BNB | +0.200% | +0.0029% | 8h | $4.3M | $6.3M | — | as long as short |
| Binance BNBUSDT | +0.201% | +0.0112% | 8h | $522.5M | $771.8M | 75x | as long as short |
| MEXC BNB_USDT | +0.205% | +0.0112% | 8h | $84.5M | $15.7M | 200x | as long as short |
| StandX BNB-USD | +0.211% | 0.0000% | 1h | $871K | $3.4M | 30x | as long as short |
| BloFin BNB-USDT | +0.249% | +0.0232% | 8h | $19.3M | $2.9M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.258% | +0.0480% | 1h | $71K | $46K | 12x | as long as short |
| ApeX Omni BNBUSDT | +0.262% | +0.0237% | 1h | $167K | $425K | 50x | as long as short |
| edgeX BNBUSDC | +0.279% | +0.0100% | 4h | $4.2M | $72.4M | 30x | as long as short |
| Bulk BNB-USD | +0.296% | +0.0427% | 1h | $641K | $138K | 10x | as long as short |
| Phoenix BNB | +0.335% | +0.0172% | 1h | $172K | $30K | 10x | as long as short |
Polymarket Perps BNB-USD
gTrade (Gains Network) BNB/USD
Injective
HTX
Kraken Futures
OKX
GMX
Bitget
Lighter
Extended
Bybit
KuCoin
SoDEX
RISEx
Deribit
Gate
SunX
Derive
BingX
Backpack
Pacifica
Phemex
Aster
Paradex
Hyperliquid
Coinbase International
Variational Omni
Binance
MEXC
StandX
BloFin
ApeX Omni
Bulk
Phoenix