After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.040%7d average+0.037%fees + slippage, in and out−$27spread needed0.273%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BTC-PERP | 85,583.1 | 0.0040 | pay 0.0005% / 1h | 19m 09s | $2.4M | $1.4M | 20x |
| Short | Arcus BTC-USD | 85,548.9 | 0.0100 | get 0.0013% / 1h | 19m 09s | $6.5M | $84.3M | 40x |
Price 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
- −$4
- Funding while held
- $1.8
- Slippage, 4 orders
- −$6.76
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$29.46
- Spread needed to break even
- 0.273%
Slippage from Aevo: live order book, 1 min ago; Arcus: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0060%
- Per $10,000 a day
- +$1.80
- 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 Aevo live order book, 1 min ago | 1.25 bp | 10.4 bp −$10 | 12.1 bp −$121 | 23.4 bp −$2,338 | doesn't fit |
| Sell Arcus live order book, 1 min ago | 0.01 bp | 3.8 bp −$4 | 4.5 bp −$45 | 5.7 bp −$566 | doesn't fit |
BTC price on every exchange
against the cheapest. Click to use as the short leg.BTC on 55 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus BTC-USDshort | −0.040% | +0.0100% | 1h | $6.5M | $84.3M | 40x | |
| SoDEX BTC-USD | −0.004% | −0.0043% | 1h | $60.6M | $284.0M | 40x | as long as short |
| Aevo BTC-PERPlong | 0.000% | +0.0040% | 1h | $2.4M | $1.4M | 20x | |
| Nado BTC-PERP | +0.006% | +0.0100% | 1h | $23.9M | $225.4M | 50x | as long as short |
| Extended BTC-USD | +0.009% | +0.0048% | 1h | $48.8M | $203.1M | 50x | as long as short |
| Katana Perps BTC-USD | +0.009% | +0.0100% | 8h | $196K | $5.6M | 50x | as long as short |
| Popdex BTCUSDT | +0.010% | +0.0096% | 1h | $8.5M | $46.2M | 100x | as long as short |
| Gate BTC_USDT | +0.011% | +0.0038% | 8h | $6.04B | $9.47B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.012% | +0.0008% | 8h | $790.4M | $610.8M | 125x | as long as short |
| Orderly PERP_BTC_USDC | +0.012% | +0.0100% | 8h | $2.4M | $7.3M | 100x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bullet BTC-USD | +0.015% | +0.0082% | 1h | $232K | $3.3M | 20x | as long as short |
| Derive BTC-PERP | +0.017% | +0.0094% | 1h | $30.2M | $60.4M | 15x | as long as short |
| BloFin BTC-USDT | +0.021% | −0.0081% | 8h | $422.0M | $561.1M | 150x | as long as short |
| Phemex BTCUSDT | +0.028% | +0.0059% | 8h | $147.9M | $413.3M | 150x | as long as short |
| SunX BTC-USDT | +0.029% | +0.0100% | 8h | $3.3M | $6.0M | 100x | as long as short |
| Bluefin BTC-PERP | +0.031% | −0.8000% | 1h | $142K | $367K | 40x | as long as short |
| Reya BTCRUSDPERP | +0.031% | −0.0019% | 1h | $6.7M | $138.0M | 40x | as long as short |
| Lighter BTC | +0.032% | +0.0096% | 1h | $171.9M | $932.6M | 50x | as long as short |
| Lighter RH BTC | +0.032% | +0.0096% | 1h | $24.7M | $135.6M | 50x | as long as short |
| Pacifica BTC | +0.033% | +0.0100% | 1h | $36.5M | $378.6M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.034% | +0.0093% | 8h | $4.4M | $6.8M | 50x | as long as short |
| Binance BTCUSDT | +0.034% | +0.0039% | 8h | $9.45B | $21.86B | 150x | as long as short |
| Aster BTCUSDT | +0.035% | +0.0023% | 8h | $498.2M | $1.12B | 200x | as long as short |
| MEXC BTC_USDT | +0.035% | +0.0038% | 8h | $5.11B | $5.25B | 500x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.036% | L +0.0005% / S −0.0004% | 1h | $36.7M | — | 200x | as long as short |
| HTX BTC-USDT | +0.037% | +0.0100% | 8h | $2.28B | $839.1M | 200x | as long as short |
| Ondo Perps BTC-USD.P | +0.037% | +0.0100% | 1h | $3.9M | $16.1M | 25x | as long as short |
| Backpack BTC_USDC_PERP | +0.041% | +0.0100% | 1h | $37.4M | $118.8M | 75x | as long as short |
| RISEx BTC/USDC | +0.042% | +0.0132% | 1h | $8.9M | $38.4M | 25x | as long as short |
| Bybit BTCUSDT | +0.043% | +0.0002% | 8h | $5.21B | $8.55B | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.045% | L +0.0171% / S −0.0148% | 1h | $12.4M | — | 200x | as long as short |
| 01 Exchange BTCUSD | +0.049% | −0.0056% | 1h | $291K | $2.4M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.051% | +0.0100% | 1h | $11.0M | $11.6M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.052% | +0.0014% | 8h | $2.64B | $11.51B | 100x | as long as short |
| Bitget BTCUSDT | +0.053% | −0.0004% | 8h | $2.97B | $4.65B | 150x | as long as short |
| Hotstuff BTC-PERP | +0.055% | −0.0080% | 1h | $9K | $4K | 50x | as long as short |
| BingX BTC-USDT | +0.059% | −0.0004% | 8h | — | $1.39B | — | as long as short |
| Perpl BTC | +0.062% | −0.0335% | 43m | $391K | $27.8M | 6.7x | as long as short |
| Jupiter Perps WBTC-PERP | +0.063% | L +0.0104% / S +0.0048% | 1h | — | $86.5M | 500x | as long as short |
| StandX BTC-USD | +0.065% | +0.0076% | 1h | $30.5M | $230.1M | 40x | as long as short |
| Kraken Futures PF_XBTUSD | +0.069% | −0.0040% | 1h | $187.6M | $811.5M | 100x | as long as short |
| Phoenix BTC | +0.077% | −0.0116% | 1h | $1.9M | $11.4M | 40x | as long as short |
| Kalshi KXBTCPERP | +0.082% | +0.0104% | 8h | $14.5M | $607.3M | 6.4x | as long as short |
| dYdX BTC-USD | +0.089% | 0.0000% | 1h | $17.2M | $17.6M | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.091% | +0.0184% | 1h | $911.5M | $1.12B | 50x | as long as short |
| Vest BTC-PERP | +0.101% | +0.0100% | 1h | — | $11.9M | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.103% | +0.0112% | 1h | $731K | $7.4M | 30x | as long as short |
| ApeX Omni BTCUSDT | +0.112% | −0.0043% | 1h | $138.3M | $317.7M | 100x | as long as short |
| Hyperliquid BTC | +0.135% | +0.0117% | 1h | $3.88B | $4.36B | 40x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.138% | +0.0112% | 1h | $127.5M | $6.08B | 50x | as long as short |
| Variational Omni BTC | +0.150% | +0.0084% | 8h | $172.3M | $505.1M | — | as long as short |
| edgeX BTCUSDC | +0.184% | +0.0100% | 4h | $278.0M | $890.7M | 100x | as long as short |
| Bulk BTC-USD | +0.201% | +0.0019% | 1h | $558.8M | $146.4M | 40x | as long as short |
| Aftermath Perps BTCUSD | +0.205% | +0.0061% | 1h | $87K | $149K | 20x | as long as short |
| Injective BTC/USDC PERP | +0.399% | −0.0137% | 1h | $308K | $27.0M | 52x | as long as short |
SoDEX
Extended
Katana Perps
Popdex
Gate
KuCoin
Bullet
Derive
BloFin
Phemex
SunX
Bluefin
Lighter
Lighter RH
Pacifica
Paradex
Binance
Aster
MEXC
gTrade (Gains Network)
HTX
Backpack
RISEx
Bybit
GMX
Polymarket Perps
OKX
Bitget
BingX
StandX
Kraken Futures
Phoenix
Deribit
ApeX Omni
Hyperliquid
Coinbase International
Variational Omni
Bulk
Injective