After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.029%7d average+0.020%fees + slippage, in and out−$16spread needed0.161%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BTCUSDT | 85,437.5 | 0.0046 | pay 0.0046% / 8h | 1h 58m | $482.6M | $964.8M | 200x |
| Short | Pacifica BTC | 85,462.7 | 0.0100 | get 0.0013% / 1h | 58m 44s | $36.3M | $310.2M | 50x |
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
- $2.95
- Funding while held
- $1.62
- Slippage, 4 orders
- −$0.13
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$11.56
- Spread needed to break even
- 0.161%
Slippage from Aster: live order book, 2 min ago; Pacifica: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.62
- 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, 2 min ago | 0.01 bp | 4.0 bp −$4 | 4.0 bp −$40 | 4.1 bp −$407 | 5.9 bp −$2,939 |
| Sell Pacifica live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 4.5 bp −$45 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | −0.106% | +0.0180% | 1h | $306K | $27.0M | 52x | as long as short |
| Extended BTC-USD | −0.083% | +0.0104% | 1h | $47.3M | $198.3M | 50x | as long as short |
| SoDEX BTC-USD | −0.073% | +0.0014% | 1h | $61.2M | $234.4M | 40x | as long as short |
| Gate BTC_USDT | −0.068% | −0.0025% | 8h | $6.02B | $8.31B | 200x | as long as short |
| Hotstuff BTC-PERP | −0.066% | −0.0080% | 1h | $8K | $3K | 50x | as long as short |
| Reya BTCRUSDPERP | −0.050% | −0.0037% | 1h | $6.8M | $134.6M | 40x | as long as short |
| Arcus BTC-USD | −0.042% | +0.0100% | 1h | $6.2M | $76.9M | 40x | as long as short |
| Phemex BTCUSDT | −0.039% | −0.0030% | 8h | $160.3M | $369.1M | 150x | as long as short |
| Perpl BTC | −0.032% | −0.0447% | 43m | $437K | $31.5M | 6.7x | as long as short |
| Jupiter Perps WBTC-PERP | −0.028% | L +0.0104% / S +0.0048% | 1h | — | $85.1M | 500x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XBTUSDTM | −0.026% | +0.0068% | 8h | $795.1M | $580.0M | 125x | as long as short |
| Backpack BTC_USDC_PERP | −0.026% | +0.0100% | 1h | $39.7M | $100.1M | 75x | as long as short |
| Katana Perps BTC-USD | −0.025% | +0.0100% | 8h | $197K | $4.8M | 50x | as long as short |
| Phoenix BTC | −0.024% | +0.0126% | 1h | $1.7M | $9.5M | 40x | as long as short |
| Aevo BTC-PERP | −0.015% | +0.0096% | 1h | $2.4M | $1.7M | 20x | as long as short |
| BloFin BTC-USDT | −0.012% | +0.0219% | 8h | $419.5M | $477.3M | 150x | as long as short |
| SunX BTC-USDT | −0.011% | +0.0100% | 8h | $3.3M | $5.2M | 100x | as long as short |
| Lighter BTC | −0.009% | +0.0048% | 1h | $182.7M | $836.5M | 50x | as long as short |
| Derive BTC-PERP | −0.008% | +0.0100% | 1h | $27.6M | $50.8M | 15x | as long as short |
| dYdX BTC-USD | −0.007% | 0.0000% | 1h | $16.0M | $13.6M | 50x | as long as short |
| HTX BTC-USDT | −0.007% | +0.0018% | 8h | $2.29B | $778.5M | 200x | as long as short |
| Bullet BTC-USD | −0.006% | +0.0089% | 1h | $250K | $3.3M | 20x | as long as short |
| Paradex BTC-USD-PERP | −0.005% | +0.0090% | 8h | $4.3M | $6.7M | 50x | as long as short |
| Polymarket Perps BTC-USD | −0.003% | +0.0100% | 1h | $10.8M | $10.4M | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | −0.002% | L +0.0195% / S −0.0202% | 1h | $12.9M | — | 200x | as long as short |
| Orderly PERP_BTC_USDC | −0.001% | +0.0100% | 8h | $2.3M | $6.6M | 100x | as long as short |
| Aster BTCUSDTlong | 0.000% | +0.0046% | 8h | $482.6M | $964.8M | 200x | |
| Bitget BTCUSDT | +0.001% | −0.0012% | 8h | $2.96B | $4.23B | 150x | as long as short |
| BingX BTC-USDT | +0.002% | −0.0012% | 8h | — | $1.28B | — | as long as short |
| Popdex BTCUSDT | +0.003% | +0.0096% | 1h | $8.4M | $39.8M | 100x | as long as short |
| Nado BTC-PERP | +0.003% | −0.0025% | 1h | $24.4M | $219.9M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.003% | +0.0063% | 8h | $2.56B | $10.59B | 100x | as long as short |
| 01 Exchange BTCUSD | +0.003% | −0.0024% | 1h | $279K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.004% | L +0.0004% / S −0.0004% | 1h | $36.5M | — | 200x | as long as short |
| Hibachi BTC/USDT-P | +0.004% | +0.0256% | 1h | $596K | $7.4M | 30x | as long as short |
| Ondo Perps BTC-USD.P | +0.005% | +0.0100% | 1h | $3.9M | $15.6M | 25x | as long as short |
| Kalshi KXBTCPERP | +0.006% | 0.0000% | 8h | $8.1M | $485.2M | 6.4x | as long as short |
| Aftermath Perps BTCUSD | +0.010% | −0.0033% | 1h | $85K | $143K | 20x | as long as short |
| Lighter RH BTC | +0.011% | +0.0072% | 1h | $25.1M | $127.8M | 50x | as long as short |
| Binance BTCUSDT | +0.015% | +0.0098% | 8h | $9.52B | $19.18B | 150x | as long as short |
| MEXC BTC_USDT | +0.015% | +0.0099% | 8h | $4.96B | $4.56B | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.022% | +0.0112% | 1h | $143.0M | $6.07B | 50x | as long as short |
| Bluefin BTC-PERP | +0.023% | +0.0100% | 1h | $142K | $399K | 40x | as long as short |
| Bybit BTCUSDT | +0.028% | +0.0100% | 8h | $5.06B | $7.69B | 150x | as long as short |
| Pacifica BTCshort | +0.029% | +0.0100% | 1h | $36.3M | $310.2M | 50x | |
| RISEx BTC/USDC | +0.031% | +0.0178% | 1h | $8.5M | $36.5M | 25x | as long as short |
| Vest BTC-PERP | +0.031% | +0.0100% | 1h | — | $13.1M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.043% | +0.0042% | 1h | $187.0M | $741.8M | 100x | as long as short |
| ApeX Omni BTCUSDT | +0.052% | −0.0044% | 1h | $137.7M | $315.4M | 100x | as long as short |
| edgeX BTCUSDC | +0.067% | −0.0087% | 4h | $283.5M | $782.6M | 100x | as long as short |
| Hyperliquid BTC | +0.071% | +0.0238% | 1h | $3.84B | $4.02B | 40x | as long as short |
| StandX BTC-USD | +0.080% | +0.0100% | 1h | $30.6M | $246.8M | 40x | as long as short |
| Variational Omni BTC | +0.097% | +0.0100% | 8h | $173.2M | $463.3M | — | as long as short |
| Deribit BTC-PERPETUAL | +0.104% | +0.0464% | 1h | $841.2M | $904.4M | 50x | as long as short |
| Bulk BTC-USD | +0.398% | +0.0100% | 1h | $535.7M | $60.2M | 40x | as long as short |
Aster BTCUSDT
Pacifica BTC
Injective
Extended
SoDEX
Gate
Phemex
KuCoin
Backpack
Katana Perps
Phoenix
BloFin
SunX
Lighter
Derive
HTX
Bullet
Paradex
Polymarket Perps
GMX
Bitget
BingX
Popdex
OKX
gTrade (Gains Network)
Lighter RH
Binance
MEXC
Coinbase International
Bluefin
Bybit
RISEx
Kraken Futures
ApeX Omni
Hyperliquid
StandX
Variational Omni
Deribit
Bulk