Spread before costs (cost unknown: a leg has no order-book sample)+0.448%
7d average+0.230%if it closes, per $10,000$45funding while held, a day+$3.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BNB | 792.35 | −0.0036 | get 0.0036% / 8h | 1h 47m | $4.2M | $6.2M | — |
| Short | MEXC BNB_USDT | 795.90 | 0.0077 | get 0.0077% / 8h | 1h 47m | $83.5M | $14.7M | 200x |
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
- $44.83
- Funding while held
- $3.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $44.23
- Spread needed to break even
- 0.040%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; MEXC: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0113%
- Per $10,000 a day
- +$3.40
- 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, 3 min ago | 3.34 bp | doesn't fit | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.88 bp | 3.9 bp −$4 | 5.9 bp −$59 | 23.8 bp −$2,377 | 37.9 bp −$19.0K |
BNB price on every exchange
against the cheapest. Click to use as the short leg.BNB on 44 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective BNB/USDC PERP | −3.032% | +0.0033% | 1h | $18K | $464K | 30x | as long as short |
| Variational Omni BNBlong | 0.000% | −0.0036% | 8h | $4.2M | $6.2M | — | |
| edgeX BNBUSDC | +0.121% | +0.0100% | 4h | $4.1M | $66.3M | 30x | as long as short |
| dYdX BNB-USD | +0.124% | +0.0766% | 1h | $172K | $54K | 10x | as long as short |
| HTX BNB-USDT | +0.133% | +0.0100% | 8h | $8.1M | $4.0M | 75x | as long as short |
| Nado BNB-PERP | +0.152% | +0.0100% | 1h | $1.5M | $2.8M | 20x | as long as short |
| Phoenix BNB | +0.154% | +0.0125% | 1h | $169K | $52K | 10x | as long as short |
| ApeX Omni BNBUSDT | +0.177% | +0.0100% | 1h | $184K | $418K | 50x | as long as short |
| Extended BNB-USD | +0.194% | +0.0104% | 1h | $1.9M | $5.7M | 50x | as long as short |
| Bitget BNBUSDT | +0.207% | +0.0100% | 8h | $75.5M | $20.5M | 75x | as long as short |
Show all 44 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya BNBRUSDPERP | +0.211% | +0.0324% | 1h | $9K | — | 40x | as long as short |
| Hotstuff BNB-PERP | +0.211% | −0.0080% | 1h | $4K | $1K | 25x | as long as short |
| BingX BNB-USDC | +0.214% | −0.0050% | 8h | — | $13.1M | — | as long as short |
| Pacifica BNB | +0.221% | +0.0100% | 1h | $1.2M | $722K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.221% | +0.0100% | 8h | $53.1M | $96.1M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.222% | +0.0072% | 1h | $594K | $890K | 50x | as long as short |
| RISEx BNB/USDC | +0.226% | +0.0132% | 1h | $1.2M | $1.5M | 20x | as long as short |
| StandX BNB-USD | +0.227% | 0.0000% | 1h | $860K | $3.3M | 30x | as long as short |
| GMX BNB/USD [WBTC.b-USDC] | +0.232% | L +0.0028% / S +0.0176% | 1h | $54K | — | 200x | as long as short |
| gTrade (Gains Network) BNB/USD | +0.233% | L +0.0008% / S −0.0008% | 1h | $9.7M | — | 150x | as long as short |
| Polymarket Perps BNB-USD | +0.240% | +0.0100% | 1h | $109K | $830K | 10x | as long as short |
| Bybit BNBUSDT | +0.246% | −0.0043% | 8h | $138.5M | $81.8M | 75x | as long as short |
| Gate BNB_USDT | +0.246% | +0.0100% | 8h | $36.2M | $53.7M | 75x | as long as short |
| Hibachi BNB/USDT-P | +0.253% | +0.0264% | 1h | $71K | $40K | 12x | as long as short |
| Kraken Futures PF_BNBUSD | +0.254% | +0.0071% | 1h | $2.5M | $734K | 50x | as long as short |
| Arcus BNB-USD | +0.259% | +0.0100% | 1h | $51K | $241K | 10x | as long as short |
| KuCoin BNBUSDTM | +0.260% | +0.0100% | 8h | $28.5M | $9.6M | 75x | as long as short |
| Aevo BNB-PERP | +0.262% | +0.0104% | 1h | $382K | $37K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.268% | +0.0100% | 8h | $297K | $646K | 50x | as long as short |
| Kalshi KXBNBPERP | +0.272% | 0.0000% | 8h | $153K | $2.4M | 4.8x | as long as short |
| Lighter BNB | +0.280% | +0.0096% | 1h | $2.7M | $2.7M | 20x | as long as short |
| Derive BNB-PERP | +0.282% | +0.0100% | 1h | $30K | $2K | 10x | as long as short |
| SoDEX BNB-USD | +0.284% | +0.0170% | 1h | $391K | $1.0M | 10x | as long as short |
| Paradex BNB-USD-PERP | +0.293% | +0.0100% | 8h | $77K | $821K | 50x | as long as short |
| BloFin BNB-USDT | +0.298% | +0.0197% | 8h | $19.2M | $2.8M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.302% | +0.0100% | 1h | $2.2M | $1.0M | 40x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.316% | +0.0300% | 1h | $1.6M | $134K | 25x | as long as short |
| Phemex BNBUSDT | +0.317% | +0.0095% | 8h | $70.3M | $52.1M | 50x | as long as short |
| SunX BNB-USDT | +0.340% | +0.0100% | 8h | $13K | $1.6M | 50x | as long as short |
| Binance BNBUSDT | +0.345% | +0.0078% | 8h | $516.5M | $705.2M | 75x | as long as short |
| Aster BNBUSDT | +0.347% | +0.0083% | 8h | $6.1M | $18.1M | 200x | as long as short |
| Hyperliquid BNB | +0.378% | +0.0341% | 1h | $50.2M | $19.0M | 10x | as long as short |
| MEXC BNB_USDTshort | +0.448% | +0.0077% | 8h | $83.5M | $14.7M | 200x | |
| Bulk BNB-USD | +0.779% | +0.0311% | 1h | $636K | $62K | 10x | as long as short |
Variational Omni BNB
MEXC BNB_USDT
Injective
HTX
Phoenix
ApeX Omni
Extended
Bitget
BingX
Pacifica
OKX
Coinbase International
RISEx
StandX
GMX
gTrade (Gains Network)
Polymarket Perps
Bybit
Gate
Kraken Futures
KuCoin
Lighter
Derive
SoDEX
Paradex
BloFin
Backpack
Deribit
Phemex
SunX
Binance
Aster
Hyperliquid
Bulk