After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.045%7d average+0.019%fees + slippage, in and out−$32spread needed0.320%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BTC-PERP | 85,246.3 | 0.0096 | pay 0.0012% / 1h | 49m 11s | $2.4M | $1.7M | 20x |
| Short | Binance BTCUSDT | 85,284.8 | 0.0094 | get 0.0094% / 8h | 1h 49m | $9.49B | $19.41B | 150x |
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
- $4.51
- Funding while held
- −$0.05
- Slippage, 4 orders
- −$5.98
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.52
- Spread needed to break even
- 0.320%
Slippage from Aevo: live order book, 1 min ago; Binance: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.05
- 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 | 2.41 bp | 10.7 bp −$11 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.01 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.0 bp −$501 | 5.5 bp −$2,750 |
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 | |
|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.766% | +0.0100% | 1h | $141K | $399K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.186% | −0.0080% | 1h | $8K | $3K | 50x | as long as short |
| edgeX BTCUSDC | −0.179% | −0.0106% | 4h | $281.8M | $791.6M | 100x | as long as short |
| ApeX Omni BTCUSDT | −0.157% | −0.0168% | 1h | $137.2M | $315.7M | 100x | as long as short |
| Phoenix BTC | −0.124% | +0.0015% | 1h | $1.6M | $10.8M | 40x | as long as short |
| Derive BTC-PERP | −0.123% | −0.0028% | 1h | $27.8M | $54.7M | 15x | as long as short |
| Backpack BTC_USDC_PERP | −0.108% | +0.0100% | 1h | $38.8M | $101.9M | 75x | as long as short |
| StandX BTC-USD | −0.101% | +0.0100% | 1h | $30.4M | $246.9M | 40x | as long as short |
| Variational Omni BTC | −0.099% | +0.0100% | 8h | $171.1M | $466.0M | — | as long as short |
| Nado BTC-PERP | −0.066% | +0.0100% | 1h | $23.5M | $220.4M | 50x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Katana Perps BTC-USD | −0.047% | +0.0100% | 8h | $214K | $4.9M | 50x | as long as short |
| Arcus BTC-USD | −0.043% | +0.0100% | 1h | $6.1M | $77.2M | 40x | as long as short |
| Perpl BTC | −0.041% | −0.0447% | 43m | $431K | $31.4M | 6.7x | as long as short |
| 01 Exchange BTCUSD | −0.017% | −0.0040% | 1h | $279K | $2.3M | 50x | as long as short |
| Hibachi BTC/USDT-P | −0.016% | +0.0192% | 1h | $631K | $7.6M | 30x | as long as short |
| dYdX BTC-USD | −0.014% | 0.0000% | 1h | $16.1M | $13.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | −0.006% | +0.0084% | 8h | $4.3M | $6.5M | 50x | as long as short |
| Ondo Perps BTC-USD.P | 0.000% | +0.0100% | 1h | $3.9M | $15.6M | 25x | as long as short |
| Aevo BTC-PERPlong | 0.000% | +0.0096% | 1h | $2.4M | $1.7M | 20x | |
| Pacifica BTC | +0.001% | +0.0100% | 1h | $36.7M | $312.3M | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.002% | −0.0046% | 1h | $83K | $140K | 20x | as long as short |
| SoDEX BTC-USD | +0.005% | +0.0069% | 1h | $61.1M | $234.5M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.011% | +0.0180% | 1h | $306K | $27.0M | 52x | as long as short |
| Extended BTC-USD | +0.014% | +0.0104% | 1h | $47.0M | $199.6M | 50x | as long as short |
| Bitget BTCUSDT | +0.016% | −0.0011% | 8h | $2.95B | $4.26B | 150x | as long as short |
| Jupiter Perps WBTC-PERP | +0.018% | L +0.0104% / S +0.0048% | 1h | — | $85.5M | 500x | as long as short |
| KuCoin XBTUSDTM | +0.018% | +0.0067% | 8h | $801.3M | $575.2M | 125x | as long as short |
| RISEx BTC/USDC | +0.018% | +0.0178% | 1h | $8.5M | $36.6M | 25x | as long as short |
| Kalshi KXBTCPERP | +0.018% | +0.0101% | 8h | $8.2M | $494.7M | 6.4x | as long as short |
| Popdex BTCUSDT | +0.018% | +0.0096% | 1h | $8.4M | $40.3M | 100x | as long as short |
| Kraken Futures PF_XBTUSD | +0.021% | +0.0042% | 1h | $186.1M | $746.9M | 100x | as long as short |
| HTX BTC-USDT | +0.028% | +0.0026% | 8h | $2.28B | $778.6M | 200x | as long as short |
| Reya BTCRUSDPERP | +0.039% | −0.0035% | 1h | $6.8M | $136.2M | 40x | as long as short |
| Phemex BTCUSDT | +0.041% | −0.0019% | 8h | $158.0M | $371.6M | 150x | as long as short |
| BingX BTC-USDC | +0.045% | −0.0011% | 8h | — | $14.4M | — | as long as short |
| Lighter BTC | +0.045% | +0.0096% | 1h | $181.7M | $846.9M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.045% | +0.0057% | 8h | $2.55B | $10.63B | 100x | as long as short |
| Binance BTCUSDTshort | +0.045% | +0.0094% | 8h | $9.49B | $19.41B | 150x | |
| Lighter RH BTC | +0.046% | +0.0096% | 1h | $25.2M | $130.7M | 50x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.048% | +0.0112% | 1h | $143.2M | $6.09B | 50x | as long as short |
| SunX BTC-USDT | +0.053% | +0.0100% | 8h | $3.3M | $5.3M | 100x | as long as short |
| Polymarket Perps BTC-USD | +0.055% | +0.0100% | 1h | $10.8M | $10.5M | 50x | as long as short |
| Aster BTCUSDT | +0.055% | +0.0038% | 8h | $487.0M | $991.6M | 200x | as long as short |
| Orderly PERP_BTC_USDC | +0.056% | +0.0100% | 8h | $2.3M | $6.7M | 100x | as long as short |
| MEXC BTC_USDT | +0.059% | +0.0094% | 8h | $4.91B | $4.62B | 500x | as long as short |
| Bybit BTCUSDT | +0.061% | +0.0100% | 8h | $5.05B | $7.77B | 150x | as long as short |
| BloFin BTC-USDT | +0.063% | +0.0214% | 8h | $422.9M | $478.6M | 150x | as long as short |
| Vest BTC-PERP | +0.063% | +0.0100% | 1h | — | $13.1M | 50x | as long as short |
| Gate BTC_USDT | +0.075% | −0.0018% | 8h | $6.01B | $8.45B | 200x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.084% | L +0.0004% / S −0.0004% | 1h | $36.5M | — | 200x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.085% | L +0.0196% / S −0.0203% | 1h | $12.9M | — | 200x | as long as short |
| Bullet BTC-USD | +0.086% | +0.0100% | 1h | $248K | $3.3M | 20x | as long as short |
| Hyperliquid BTC | +0.097% | +0.0122% | 1h | $3.84B | $4.07B | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.100% | +0.0469% | 1h | $849.5M | $920.9M | 50x | as long as short |
| Bulk BTC-USD | +0.255% | +0.0100% | 1h | $534.4M | $59.0M | 40x | as long as short |
Binance BTCUSDT
Bluefin
ApeX Omni
Phoenix
Derive
Backpack
StandX
Variational Omni
Katana Perps
Paradex
Pacifica
SoDEX
Injective
Extended
Bitget
KuCoin
RISEx
Popdex
Kraken Futures
HTX
Phemex
BingX
Lighter
OKX
Lighter RH
Coinbase International
SunX
Polymarket Perps
Aster
MEXC
Bybit
BloFin
Gate
gTrade (Gains Network)
GMX
Bullet
Hyperliquid
Deribit
Bulk