data as of
Settings8H · net · $10k
Price arb /

BR

all BR markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$146
spread now−0.316%7d average−0.166%fees + slippage, in and out−$131spread needed1.315%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BRUSDT1.21380.1094pay 0.0547% / 4h1h 52m$58.3M$199.0M25x
ShortBybit BRUSDT1.21000.0248get 0.0124% / 4h1h 52m$12.2M$29.9M5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$31.55
Funding while held
−$25.37
Slippage, 4 orders
−$110.46
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$188.38
Spread needed to break even
1.315%
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0846%
Per $10,000 a day
$25.37
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago1.13 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.04 bp45.3 bp −$45doesn't fitdoesn't fitdoesn't fit

BR price on every exchange

against the cheapest. Click to use as the short leg.

BR on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni BR−2.052%+0.0100%4h$265K$384Kas long as short
SunX BR-USDT−0.744%+0.0100%4h$793K10xas long as short
HTX BR-USDT−0.644%+0.0100%4h$96K$238K20xas long as short
Aster BRUSDT−0.454%+0.1030%4h$726K$3.2M5xas long as short
Bybit BRUSDTshort−0.316%+0.0248%4h$12.2M$29.9M5x
MEXC BR_USDT−0.193%+0.1092%4h$17.0M$9.3M100xas long as short
Gate BR_USDT−0.161%+0.0100%4h$8.5M$8.8M20xas long as short
BingX BR-USDT−0.116%+0.0107%4h$7.4Mas long as short
Binance BRUSDTlong0.000%+0.1094%4h$58.3M$199.0M25x
KuCoin BRUSDTM+0.112%+0.0508%4h$5.4M$6.4M30xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget BRUSDT+0.115%+0.0506%4h$9.0M$15.6M10xas long as short