Spread before costs (cost unknown: a leg has no order-book sample)−0.012%
7d average+0.004%if it closes, per $10,000$1funding while held, a day+$1.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 798.19 | 0.0038 | pay 0.0038% / 8h | 7h 29m | $4.0M | $6.4M | — |
| Short | Bybit BNBUSDT | 798.10 | 0.0080 | get 0.0080% / 8h | 7h 29m | $139.4M | $93.1M | 75x |
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
- −$1.18
- Funding while held
- $1.25
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$10.93
- Spread needed to break even
- 0.110%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bybit: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0042%
- Per $10,000 a day
- +$1.25
- 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 Variational Omni RFQ quote, 1 min ago | 3.33 bp | doesn't fit | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.63 bp | 6.7 bp −$7 | 8.7 bp −$87 | 22.5 bp −$2,255 | 129.0 bp −$64.5K |
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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | −0.116% | +0.0064% | 1h | $601K | $926K | 50x | as long as short |
| StandX BNB-USD | −0.066% | 0.0000% | 1h | $863K | $3.4M | 30x | as long as short |
| Bitget BNBUSDT | −0.027% | +0.0100% | 8h | $77.8M | $25.4M | 75x | as long as short |
| Bybit BNBUSDTshort | −0.012% | +0.0080% | 8h | $139.4M | $93.1M | 75x | |
| KuCoin BNBUSDTM | −0.011% | +0.0100% | 8h | $27.8M | $10.6M | 75x | as long as short |
| Extended BNB-USD | −0.006% | +0.0104% | 1h | $1.7M | $6.2M | 50x | as long as short |
| Variational Omni BNBlong | 0.000% | +0.0038% | 8h | $4.0M | $6.4M | — | |
| OKX BNB-USDT-SWAP | +0.001% | +0.0100% | 8h | $54.8M | $115.4M | 50x | as long as short |
| Gate BNB_USDT | +0.001% | +0.0100% | 8h | $36.3M | $59.7M | 75x | as long as short |
| dYdX BNB-USD | +0.038% | +0.0537% | 1h | $173K | $54K | 10x | as long as short |
Show all 45 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya BNBRUSDPERP | +0.039% | +0.0328% | 1h | $9K | — | 40x | as long as short |
| Lighter BNB | +0.042% | +0.0096% | 1h | $2.6M | $3.4M | 20x | as long as short |
| BingX BNB-USDT | +0.043% | +0.0061% | 8h | — | $33.0M | — | as long as short |
| Nado BNB-PERP | +0.045% | +0.0100% | 1h | $1.5M | $2.9M | 20x | as long as short |
| Polymarket Perps BNB-USD | +0.045% | +0.0100% | 1h | $119K | $874K | 10x | as long as short |
| Phoenix BNB | +0.053% | +0.0145% | 1h | $170K | $31K | 10x | as long as short |
| Pacifica BNB | +0.055% | +0.0100% | 1h | $1.2M | $912K | 20x | as long as short |
| Injective BNB/USDC PERP | +0.057% | +0.0033% | 1h | $19K | $437K | 30x | as long as short |
| Kraken Futures PF_BNBUSD | +0.070% | +0.0216% | 1h | $2.5M | $903K | 50x | as long as short |
| Binance BNBUSDT | +0.087% | +0.0123% | 8h | $516.2M | $811.8M | 75x | as long as short |
| Aster BNBUSDT | +0.095% | +0.0120% | 8h | $6.2M | $19.9M | 200x | as long as short |
| ApeX Omni BNBUSDT | +0.095% | +0.0100% | 1h | $158K | $436K | 50x | as long as short |
| SoDEX BNB-USD | +0.101% | +0.0100% | 1h | $393K | $1.0M | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.106% | +0.0100% | 8h | $78K | $437K | 50x | as long as short |
| RISEx BNB/USDC | +0.109% | +0.0271% | 1h | $1.1M | $1.5M | 20x | as long as short |
| HTX BNB-USDT | +0.109% | +0.0100% | 8h | $8.1M | $5.9M | 75x | as long as short |
| Derive BNB-PERP | +0.109% | +0.0100% | 1h | $32K | $5K | 10x | as long as short |
| Backpack BNB_USDC_PERP | +0.111% | +0.0100% | 1h | $2.2M | $3.9M | 40x | as long as short |
| Arcus BNB-USD | +0.114% | +0.0100% | 1h | $52K | $242K | 10x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.114% | L +0.0034% / S +0.0166% | 1h | $54K | — | 200x | as long as short |
| Aevo BNB-PERP | +0.114% | +0.0104% | 1h | $384K | $37K | 10x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.116% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Orderly PERP_BNB_USDC | +0.126% | +0.0100% | 8h | $322K | $660K | 50x | as long as short |
| Hyperliquid BNB | +0.139% | +0.0446% | 1h | $52.0M | $21.7M | 10x | as long as short |
| Kalshi KXBNBPERP | +0.139% | 0.0000% | 8h | $225K | $2.7M | 4.8x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.152% | +0.0200% | 1h | $1.6M | $168K | 25x | as long as short |
| Phemex BNBUSDT | +0.157% | +0.0142% | 8h | $70.2M | $52.2M | 50x | as long as short |
| 01 Exchange BNBUSD | +0.160% | +0.0280% | 1h | $28K | $1K | 10x | as long as short |
| MEXC BNB_USDT | +0.176% | +0.0123% | 8h | $84.1M | $16.5M | 200x | as long as short |
| SunX BNB-USDT | +0.182% | +0.0100% | 8h | $13K | $1.8M | 50x | as long as short |
| BloFin BNB-USDT | +0.182% | +0.0243% | 8h | $19.0M | $3.0M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.188% | +0.0232% | 1h | $71K | $46K | 12x | as long as short |
| Hotstuff BNB-PERP | +0.212% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| Bulk BNB-USD | +0.332% | +0.0211% | 1h | $650K | $132K | 10x | as long as short |
| edgeX BNBUSDC | +0.375% | +0.0100% | 4h | $4.2M | $76.6M | 30x | as long as short |
Variational Omni BNB
Bybit BNBUSDT
Coinbase International
StandX
Bitget
KuCoin
Extended
OKX
Gate
Lighter
BingX
Polymarket Perps
Phoenix
Pacifica
Injective
Kraken Futures
Binance
Aster
ApeX Omni
SoDEX
Paradex
RISEx
HTX
Derive
Backpack
GMX
gTrade (Gains Network)
Hyperliquid
Deribit
Phemex
MEXC
SunX
BloFin
Bulk