After costs, if the gap returns to its 7d average, $10k−$15
spread now−0.004%7d average−0.040%fees + slippage, in and out−$18spread needed0.184%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTCUSDT | 86,009.6 | 0.0041 | pay 0.0041% / 8h | 15m 16s | $487.4M | $1.12B | 200x |
| Short | BingX BTC-USDC | 86,006.1 | −0.0005 | pay 0.0005% / 8h | 15m 16s | — | $14.9M | — |
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
- −$0.41
- Funding while held
- −$1.38
- Slippage, 4 orders
- −$0.42
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$20.21
- Spread needed to break even
- 0.184%
Slippage from Aster: live order book, 5 min ago; BingX: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.38
- 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 Aster live order book, 5 min ago | 0.01 bp | 4.4 bp −$4 | 4.9 bp −$49 | 5.0 bp −$497 | 7.6 bp −$3,808 |
| Sell BingX live order book, 14 min ago | 0.02 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.7 bp −$569 | 7.1 bp −$3,535 |
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 | |
|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | −0.190% | +0.0108% | 1h | $307K | $27.0M | 52x | as long as short |
| edgeX BTCUSDC | −0.188% | +0.0100% | 4h | $278.1M | $879.6M | 100x | as long as short |
| StandX BTC-USD | −0.184% | +0.0100% | 1h | $30.6M | $230.6M | 40x | as long as short |
| Variational Omni BTC | −0.150% | +0.0100% | 8h | $170.9M | $510.4M | — | as long as short |
| Bulk BTC-USD | −0.118% | +0.0100% | 1h | $553.6M | $134.9M | 40x | as long as short |
| Phoenix BTC | −0.113% | −0.0086% | 1h | $1.8M | $10.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | −0.112% | +0.0100% | 1h | $38.9M | $107.7M | 75x | as long as short |
| Hotstuff BTC-PERP | −0.105% | −0.0080% | 1h | $9K | $4K | 50x | as long as short |
| SoDEX BTC-USD | −0.104% | −0.0005% | 1h | $61.0M | $283.6M | 40x | as long as short |
| Aftermath Perps BTCUSD | −0.094% | −0.0012% | 1h | $86K | $154K | 20x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni BTCUSDT | −0.079% | −0.0122% | 1h | $139.2M | $318.6M | 100x | as long as short |
| Hibachi BTC/USDT-P | −0.075% | +0.0256% | 1h | $697K | $7.4M | 30x | as long as short |
| Jupiter Perps WBTC-PERP | −0.073% | L +0.0104% / S +0.0048% | 1h | — | $89.3M | 500x | as long as short |
| Arcus BTC-USD | −0.053% | +0.0100% | 1h | $5.8M | $84.7M | 40x | as long as short |
| dYdX BTC-USD | −0.049% | 0.0000% | 1h | $17.3M | $17.5M | 50x | as long as short |
| Pacifica BTC | −0.046% | +0.0100% | 1h | $37.0M | $351.8M | 50x | as long as short |
| Nado BTC-PERP | −0.044% | +0.0100% | 1h | $23.6M | $229.5M | 50x | as long as short |
| Perpl BTC | −0.029% | −0.0112% | 43m | $422K | $29.7M | 6.7x | as long as short |
| Paradex BTC-USD-PERP | −0.027% | +0.0090% | 8h | $4.4M | $6.7M | 50x | as long as short |
| Ondo Perps BTC-USD.P | −0.023% | +0.0100% | 1h | $3.9M | $16.3M | 25x | as long as short |
| Phemex BTCUSDT | −0.016% | −0.0021% | 8h | $153.0M | $406.4M | 150x | as long as short |
| Katana Perps BTC-USD | −0.016% | +0.0100% | 8h | $190K | $5.5M | 50x | as long as short |
| Extended BTC-USD | −0.013% | +0.0104% | 1h | $48.7M | $209.5M | 50x | as long as short |
| RISEx BTC/USDC | −0.011% | +0.0128% | 1h | $8.7M | $38.7M | 25x | as long as short |
| BloFin BTC-USDT | −0.008% | −0.0071% | 8h | $431.3M | $564.7M | 150x | as long as short |
| Popdex BTCUSDT | −0.008% | +0.0088% | 1h | $8.5M | $45.6M | 100x | as long as short |
| Bybit BTCUSDT | −0.006% | +0.0093% | 8h | $5.21B | $8.53B | 150x | as long as short |
| KuCoin XBTUSDTM | −0.005% | +0.0031% | 8h | $790.9M | $616.1M | 125x | as long as short |
| Aevo BTC-PERP | −0.004% | +0.0064% | 1h | $2.4M | $1.6M | 20x | as long as short |
| BingX BTC-USDCshort | −0.004% | −0.0005% | 8h | — | $14.9M | — | |
| Reya BTCRUSDPERP | −0.004% | −0.0021% | 1h | $6.7M | $137.8M | 40x | as long as short |
| 01 Exchange BTCUSD | −0.003% | −0.0056% | 1h | $288K | $2.4M | 50x | as long as short |
| MEXC BTC_USDT | −0.002% | +0.0064% | 8h | $5.08B | $5.17B | 500x | as long as short |
| Binance BTCUSDT | −0.002% | +0.0064% | 8h | $9.55B | $21.78B | 150x | as long as short |
| Bitget BTCUSDT | −0.001% | −0.0004% | 8h | $2.97B | $4.69B | 150x | as long as short |
| HTX BTC-USDT | −0.001% | +0.0068% | 8h | $2.29B | $847.7M | 200x | as long as short |
| OKX BTC-USDT-SWAP | 0.000% | +0.0025% | 8h | $2.66B | $11.67B | 100x | as long as short |
| Aster BTCUSDTlong | 0.000% | +0.0041% | 8h | $487.4M | $1.12B | 200x | |
| SunX BTC-USDT | +0.001% | +0.0100% | 8h | $3.3M | $6.1M | 100x | as long as short |
| Gate BTC_USDT | +0.010% | −0.0020% | 8h | $6.13B | $9.50B | 200x | as long as short |
| Bullet BTC-USD | +0.011% | +0.0100% | 1h | $242K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.013% | +0.0100% | 8h | $2.4M | $7.2M | 100x | as long as short |
| Polymarket Perps BTC-USD | +0.014% | +0.0100% | 1h | $11.0M | $11.7M | 50x | as long as short |
| Lighter RH BTC | +0.016% | +0.0096% | 1h | $24.8M | $140.4M | 50x | as long as short |
| Lighter BTC | +0.017% | +0.0096% | 1h | $171.7M | $935.9M | 50x | as long as short |
| Vest BTC-PERP | +0.028% | +0.0100% | 1h | — | $12.3M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.037% | +0.0071% | 1h | $185.9M | $819.8M | 100x | as long as short |
| Kalshi KXBTCPERP | +0.038% | 0.0000% | 8h | $12.2M | $577.3M | 6.4x | as long as short |
| Derive BTC-PERP | +0.039% | +0.0100% | 1h | $30.2M | $59.2M | 15x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.054% | L +0.0198% / S −0.0175% | 1h | $12.6M | — | 200x | as long as short |
| Bluefin BTC-PERP | +0.057% | −0.0246% | 1h | $143K | $407K | 40x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.060% | L +0.0005% / S −0.0004% | 1h | $36.8M | — | 200x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.068% | +0.0104% | 1h | $151.3M | $6.24B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.094% | +0.0263% | 1h | $906.8M | $1.10B | 50x | as long as short |
| Hyperliquid BTC | +0.103% | +0.0247% | 1h | $3.91B | $4.48B | 40x | as long as short |
Aster BTCUSDT
BingX BTC-USDC
Injective
StandX
Variational Omni
Bulk
Phoenix
Backpack
SoDEX
ApeX Omni
Pacifica
Paradex
Phemex
Katana Perps
Extended
RISEx
BloFin
Popdex
Bybit
KuCoin
MEXC
Binance
Bitget
HTX
OKX
SunX
Gate
Bullet
Polymarket Perps
Lighter RH
Lighter
Kraken Futures
Derive
GMX
Bluefin
gTrade (Gains Network)
Coinbase International
Deribit
Hyperliquid