Spread before costs (cost unknown: a leg has no order-book sample)−0.111%
7d average—if it closes, per $10,000$11funding while held, a day−$4.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ALT_USDT | 0.007446 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $418K | $194K | 50x |
| Short | Variational Omni ALT | 0.007438 | −0.0062 | pay 0.0031% / 4h | 1h 15m | $4K | $12K | — |
MEXC ALT_USDT
Variational Omni ALTPrice 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
- −$11.07
- Funding while held
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$19.92
- Spread needed to break even
- 0.040%
Slippage unknown: MEXC: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0162%
- Per $10,000 a day
- −$4.85
- 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 MEXC live order book, 2 min ago | 2.69 bp | 9.6 bp −$10 | 55.9 bp −$559 | 261.3 bp −$26.1K | 448.1 bp −$224.0K |
| 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.
ALT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.007381cheapestBitget0.007431+0.677%
Injective
BitgetVariational Omni0.007438+0.769%
BingX0.007442+0.826%Hyperliquid0.007444+0.854%Bybit0.007444+0.854%Binance0.007445+0.862%Gate0.007446+0.881%
BingX
Hyperliquid
Bybit
Binance
GateMEXC0.007446+0.881%
KuCoin0.007447+0.894%BloFin0.007447+0.894%Deribit0.007450+0.935%Kraken Futures0.007454+0.993%Coinbase International0.007490+1.477%
KuCoin
BloFin
Deribit
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 | −0.873% | +0.0033% | 1h | $815 | $4K | 5.5x | as long as short |
| Bitget ALTUSDT | −0.201% | +0.0100% | 4h | $606K | $91K | 50x | as long as short |
| Variational Omni ALTshort | −0.111% | −0.0062% | 4h | $4K | $12K | — | |
| BingX ALT-USDT | −0.054% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Hyperliquid ALT | −0.027% | +0.0100% | 1h | $1.1M | $190K | 3x | as long as short |
| Bybit ALTUSDT | −0.027% | +0.0075% | 4h | $1.2M | $1.6M | 25x | as long as short |
| Binance ALTUSDT | −0.018% | +0.0100% | 4h | $2.6M | $3.4M | 50x | as long as short |
| Gate ALT_USDT | 0.000% | +0.0100% | 8h | $51K | $402K | 25x | as long as short |
| MEXC ALT_USDTlong | 0.000% | +0.0100% | 4h | $418K | $194K | 50x | |
| KuCoin ALTUSDTM | +0.013% | +0.0100% | 4h | $150K | $22K | 30x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ALT-USDT | +0.013% | +0.0044% | 4h | $175K | $9K | 50x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.054% | 0.0000% | 1h | $0 | $0 | 25x | as long as short |
| Kraken Futures PF_ALTUSD | +0.111% | +0.1210% | 1h | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.591% | +0.0400% | 1h | $14K | $2K | 50x | as long as short |