Spread before costs (cost unknown: a leg has no order-book sample)−0.107%
7d average—if it closes, per $10,000$11funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BASEDUSDT | 0.06781 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $2.1M | $543K | 25x |
| Short | Variational Omni BASED | 0.06774 | 0.0100 | get 0.0050% / 4h | 1h 08m | $92K | $21K | — |
Bybit BASEDUSDT
Variational Omni BASEDPrice 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
- −$10.71
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.71
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 5 min ago | 2.95 bp | 51.9 bp −$52 | doesn't fit | 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.
BASED price on every exchange
against the cheapest. Click to use as the short leg.
KuCoin
BingX
OKX
BloFin
Orderly
Gate
SunX
MEXC
Extended
Binance
Aster
BitgetBASED on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BASEDshort | −0.107% | +0.0100% | 4h | $92K | $21K | — | |
| KuCoin BASEDUSDTM | −0.029% | +0.0100% | 4h | $577K | $108K | 20x | as long as short |
| Bybit BASEDUSDTlong | 0.000% | +0.0100% | 4h | $2.1M | $543K | 25x | |
| BingX BASED-USDT | +0.015% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| OKX BASED-USDT-SWAP | +0.029% | +0.0100% | 4h | $2.6M | $3.3M | 20x | as long as short |
| BloFin BASED-USDT | +0.044% | +0.0088% | 4h | $256K | $36K | 25x | as long as short |
| Orderly PERP_BASED_USDC | +0.059% | +0.0150% | 4h | $3K | $801 | 10x | as long as short |
| Gate BASED_USDT | +0.103% | +0.0100% | 4h | $537K | $504K | 50x | as long as short |
| SunX BASED-USDT | +0.103% | +0.0100% | 4h | $1K | $748K | 20x | as long as short |
| MEXC BASED_USDT | +0.147% | +0.0100% | 4h | $4.8M | $602K | 50x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended BASED-USD | +0.150% | +0.0104% | 1h | $5K | $226K | 5x | as long as short |
| Binance BASEDUSDT | +0.158% | +0.0100% | 4h | $4.2M | $2.8M | 25x | as long as short |
| Aster BASEDUSDT | +0.162% | +0.0100% | 4h | $29K | $6K | 5x | as long as short |
| Bitget BASEDUSDT | +0.280% | +0.0100% | 4h | $1.3M | $422K | 25x | as long as short |