Spread before costs (cost unknown: a leg has no order-book sample)−0.443%
7d average—if it closes, per $10,000$44funding while held, a day−$8.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.02258 | 0.0375 | pay 0.0187% / 4h | 1h 08m | $8.8M | $10.4M | 20x |
| Short | Variational Omni 4 | 0.02248 | 0.0100 | get 0.0050% / 4h | 1h 08m | $55K | $9K | — |
Binance 4USDT
Variational Omni 4Price 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
- −$44.27
- Funding while held
- −$8.24
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$62.51
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0275%
- Per $10,000 a day
- −$8.24
- 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 Binance live order book, 3 min ago | 3.33 bp | 26.7 bp −$27 | 299.3 bp −$2,993 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
4 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.02248cheapest
BingX0.02250+0.094%Aster0.02252+0.148%Bybit0.02253+0.206%KuCoin0.02253+0.214%Gate0.02254+0.277%SunX0.02255+0.303%MEXC0.02258+0.437%
BingX
Aster
Bybit
KuCoin
Gate
SunX
MEXCBinance0.02258+0.445%
4 on 9 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni 4short | −0.443% | +0.0100% | 4h | $55K | $9K | — | |
| BingX 4-USDT | −0.349% | +0.0394% | 4h | — | $1.4M | — | as long as short |
| Aster 4USDT | −0.296% | +0.0461% | 4h | $260K | $91K | 5x | as long as short |
| Bybit 4USDT | −0.238% | +0.0100% | 4h | $3.0M | $1.7M | 5x | as long as short |
| KuCoin 4USDTM | −0.229% | +0.0558% | 4h | $964K | $12.3M | 20x | as long as short |
| Gate 4_USDT | −0.167% | +0.0230% | 4h | $618K | $232K | 20x | as long as short |
| SunX 4-USDT | −0.141% | +0.0100% | 4h | $1K | $930K | 20x | as long as short |
| MEXC 4_USDT | −0.008% | +0.0374% | 4h | $2.0M | $849K | 100x | as long as short |
| Binance 4USDTlong | 0.000% | +0.0375% | 4h | $8.8M | $10.4M | 20x |