data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

BNB

all BNB markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.142%
7d average+0.035%if it closes, per $10,000$14funding while held, a day+$3.34
Long on Variational OmniShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BNB789.29−0.0015get 0.0015% / 8h2h 36m$4.6M$5.9M—
ShortLighter BNB790.410.0096get 0.0012% / 1h36m 33s$2.7M$2.8M20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$14.24
Funding while held
$3.34
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$17.58
Spread needed to break even
0.000%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0111%
Per $10,000 a day
+$3.34
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 4 min ago3.34 bpdoesn't fit6.3 bp −$63doesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago0.55 bp0.9 bp −$15.1 bp −$5113.9 bp −$1,39069.2 bp −$34.6K

BNB price on every exchange

against the cheapest. Click to use as the short leg.
Injective768.32cheapest
Variational Omni789.29+2.729%
Extended789.81+2.797%Bitget789.99+2.820%OKX790.00+2.822%Nado790.05+2.828%Bybit790.10+2.835%Hibachi790.16+2.843%Gate790.20+2.848%KuCoin790.38+2.871%BingX790.41+2.875%
Lighter790.41+2.875%
RISEx790.46+2.882%Coinbase International790.51+2.888%Pacifica790.55+2.893%dYdX790.63+2.904%HTX790.71+2.913%Reya790.71+2.914%Paradex790.75+2.919%Kraken Futures790.81+2.927%Binance790.82+2.928%edgeX790.86+2.934%01 Exchange790.87+2.935%Phoenix790.87+2.935%Aevo790.90+2.938%Arcus790.90+2.939%Aster790.96+2.947%Backpack790.97+2.948%Polymarket Perps790.98+2.949%gTrade (Gains Network)790.98+2.949%GMX790.99+2.950%ApeX Omni791.05+2.958%Hyperliquid791.07+2.961%SoDEX791.10+2.965%Orderly791.15+2.971%Derive791.16+2.972%Kalshi791.30+2.991%Deribit791.43+3.007%BloFin791.46+3.012%Hotstuff791.49+3.016%Bulk791.54+3.022%SunX791.60+3.030%MEXC791.60+3.030%Phemex791.69+3.042%StandX791.85+3.063%

BNB on 45 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective BNB/USDC PERP−2.657%+0.0033%1h$18K$584K30xas long as short
Variational Omni BNBlong0.000%−0.0015%8h$4.6M$5.9M—
Extended BNB-USD+0.066%+0.0104%1h$2.0M$5.0M50xas long as short
Bitget BNBUSDT+0.089%+0.0100%8h$75.7M$16.2M75xas long as short
OKX BNB-USDT-SWAP+0.090%+0.0100%8h$52.7M$86.0M50xas long as short
Nado BNB-PERP+0.097%+0.0100%1h$1.4M$2.5M20xas long as short
Bybit BNBUSDT+0.103%−0.0041%8h$137.5M$76.3M75xas long as short
Hibachi BNB/USDT-P+0.111%+0.0168%1h$70K$36K12xas long as short
Gate BNB_USDT+0.116%+0.0100%8h$35.5M$52.0M75xas long as short
KuCoin BNBUSDTM+0.138%+0.0100%8h$28.7M$9.2M75xas long as short
Show all 45 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BingX BNB-USDC+0.142%−0.0038%8h—$13.1M—as long as short
Lighter BNBshort+0.142%+0.0096%1h$2.7M$2.8M20x
RISEx BNB/USDC+0.149%+0.0158%1h$1.2M$1.4M20xas long as short
Coinbase International BNB-PERP-INTX+0.155%+0.0072%1h$593K$762K50xas long as short
Pacifica BNB+0.159%+0.0100%1h$1.2M$581K20xas long as short
dYdX BNB-USD+0.171%+0.0801%1h$172K$53K10xas long as short
HTX BNB-USDT+0.180%+0.0100%8h$8.1M$3.1M75xas long as short
Reya BNBRUSDPERP+0.180%+0.0322%1h$9K—40xas long as short
Paradex BNB-USD-PERP+0.185%+0.0100%8h$79K$821K50xas long as short
Kraken Futures PF_BNBUSD+0.193%+0.0167%1h$2.5M$640K50xas long as short
Binance BNBUSDT+0.194%+0.0080%8h$503.1M$635.3M75xas long as short
edgeX BNBUSDC+0.199%+0.0100%4h$4.1M$60.6M30xas long as short
01 Exchange BNBUSD+0.200%+0.0256%1h$28K$1K10xas long as short
Phoenix BNB+0.200%+0.0123%1h$169K$87K10xas long as short
Aevo BNB-PERP+0.204%+0.0104%1h$380K$36K10xas long as short
Arcus BNB-USD+0.204%+0.0100%1h$55K$234K10xas long as short
Aster BNBUSDT+0.212%+0.0080%8h$6.0M$16.6M200xas long as short
Backpack BNB_USDC_PERP+0.213%+0.0100%1h$2.1M$920K40xas long as short
Polymarket Perps BNB-USD+0.214%+0.0100%1h$124K$164K10xas long as short
gTrade (Gains Network) BNB/USD+0.214%L +0.0008% / S −0.0008%1h$9.6M—150xas long as short
GMX BNB/USD [WBTC.b-USDC]+0.215%L +0.0028% / S +0.0176%1h$54K—200xas long as short
ApeX Omni BNBUSDT+0.223%+0.0100%1h$190K$416K50xas long as short
Hyperliquid BNB+0.226%+0.0308%1h$50.0M$18.0M10xas long as short
SoDEX BNB-USD+0.230%+0.0100%1h$390K$1.0M10xas long as short
Orderly PERP_BNB_USDC+0.236%+0.0100%8h$296K$646K50xas long as short
Derive BNB-PERP+0.237%+0.0100%1h$30K$2K10xas long as short
Kalshi KXBNBPERP+0.255%0.0000%8h$115K$2.2M4.8xas long as short
Deribit BNB_USDC-PERPETUAL+0.271%+0.0200%1h$1.6M$117K25xas long as short
BloFin BNB-USDT+0.275%+0.0200%8h$18.7M$2.7M75xas long as short
Hotstuff BNB-PERP+0.279%−0.0080%1h$4K$1K25xas long as short
Bulk BNB-USD+0.285%+0.0271%1h$631K$35K10xas long as short
SunX BNB-USDT+0.293%+0.0100%8h$13K$1.4M50xas long as short
MEXC BNB_USDT+0.293%+0.0079%8h$83.5M$14.1M200xas long as short
Phemex BNBUSDT+0.304%+0.0123%8h$70.0M$51.8M50xas long as short
StandX BNB-USD+0.325%0.0000%1h$859K$3.4M30xas long as short