After costs, if the gap returns to its 7d average, $10k−$106
spread now+0.067%7d average+0.073%fees + slippage, in and out−$106spread needed1.059%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALTUSDT | 0.007415 | −0.0058 | get 0.0029% / 4h | 54m 27s | $1.2M | $1.6M | 25x |
| Short | Binance ALTUSDT | 0.007420 | 0.0100 | get 0.0050% / 4h | 54m 27s | $2.6M | $3.4M | 50x |
Bybit ALTUSDT
Binance ALTUSDTPrice 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
- $6.74
- Funding while held
- $4.74
- Slippage, 4 orders
- −$84.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$94.4
- Spread needed to break even
- 1.059%
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0158%
- Per $10,000 a day
- +$4.74
- 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 Bybit live order book, 3 min ago | 3.37 bp | 32.3 bp −$32 | 235.0 bp −$2,350 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.34 bp | 26.3 bp −$26 | 108.0 bp −$1,080 | doesn't fit | doesn't fit |
ALT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapestBitget0.007411+0.406%BingX0.007414+0.447%
Injective
Bitget
BingXBybit0.007415+0.461%
Gate0.007415+0.461%Hyperliquid0.007418+0.501%
Gate
HyperliquidBinance0.007420+0.528%
MEXC0.007420+0.528%KuCoin0.007420+0.528%Deribit0.007423+0.569%Variational Omni0.007423+0.571%BloFin0.007430+0.664%Kraken Futures0.007433+0.704%Coinbase International0.007490+1.477%
MEXC
KuCoin
Deribit
Variational Omni
BloFin
Kraken Futures
Coinbase InternationalALT on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | −0.459% | +0.0033% | 1h | $815 | $4K | 5.5x | as long as short |
| Bitget ALTUSDT | −0.054% | +0.0100% | 4h | $604K | $91K | 50x | as long as short |
| BingX ALT-USDT | −0.013% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Bybit ALTUSDTlong | 0.000% | −0.0058% | 4h | $1.2M | $1.6M | 25x | |
| Gate ALT_USDT | 0.000% | +0.0100% | 8h | $51K | $405K | 25x | as long as short |
| Hyperliquid ALT | +0.040% | +0.0100% | 1h | $1.1M | $188K | 3x | as long as short |
| Binance ALTUSDTshort | +0.067% | +0.0100% | 4h | $2.6M | $3.4M | 50x | |
| MEXC ALT_USDT | +0.067% | +0.0100% | 4h | $406K | $191K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.067% | +0.0100% | 4h | $150K | $22K | 30x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.108% | −0.0692% | 1h | — | $0 | 25x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.109% | −0.0106% | 4h | $4K | $12K | — | as long as short |
| BloFin ALT-USDT | +0.202% | +0.0122% | 4h | $174K | $9K | 50x | as long as short |
| Kraken Futures PF_ALTUSD | +0.242% | +0.0117% | 1h | $43K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +1.011% | +0.0416% | 1h | $14K | $2K | 50x | as long as short |