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

BTC

all BTC markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$13
spread now−0.005%7d average−0.037%fees + slippage, in and out−$16spread needed0.161%
Long on BinanceShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BTCUSDT85,829.10.0026pay 0.0026% / 8h6h 31m$9.48B$22.08B150x
ShortExtended BTC-USD85,824.60.0008get 0.0001% / 1h31m 15s$48.7M$199.6M50x

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
−$0.52
Funding while held
−$0.53
Slippage, 4 orders
−$1.12
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$17.17
Spread needed to break even
0.161%
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0018%
Per $10,000 a day
−$0.53
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, 14 min ago0.01 bp5.0 bp −$55.0 bp −$505.6 bp −$5567.2 bp −$3,613
Sell Extended live order book, 4 min ago0.06 bp2.6 bp −$32.6 bp −$262.6 bp −$2577.7 bp −$3,841

BTC price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni85,738.5cheapestInjective85,811+0.085%Bulk85,820.1+0.095%BloFin85,822.8+0.098%KuCoin85,823.2+0.099%SoDEX85,824+0.100%MEXC85,824.1+0.100%
Extended85,824.6+0.100%
Bitget85,825+0.101%Gate85,827.7+0.104%Bybit85,828.3+0.105%Bullet85,829+0.106%
Binance85,829.1+0.106%
Arcus85,829.8+0.107%OKX85,830.3+0.107%Aevo85,832.9+0.110%Phemex85,833.5+0.111%edgeX85,834.9+0.112%Reya85,836.8+0.115%BingX85,837.1+0.115%Derive85,838.7+0.117%Backpack85,838.9+0.117%HTX85,839.9+0.118%SunX85,840.5+0.119%Aster85,841.7+0.120%Lighter85,844.6+0.124%Orderly85,846.7+0.126%Lighter RH85,847.8+0.128%Ondo Perps85,858+0.139%Phoenix85,858+0.139%gTrade (Gains Network)85,862.5+0.145%GMX85,864.4+0.147%StandX85,864.7+0.147%Polymarket Perps85,866+0.149%Bluefin85,866.8+0.150%Aftermath Perps85,868+0.151%Katana Perps85,871+0.155%Nado85,871.4+0.155%Kraken Futures85,872.4+0.156%Popdex85,873+0.157%01 Exchange85,878.1+0.163%Hotstuff85,881+0.166%Perpl85,882+0.167%ApeX Omni85,882.9+0.168%Pacifica85,884.8+0.171%RISEx85,896.7+0.185%Hibachi85,898.5+0.187%Deribit85,901.2+0.190%dYdX85,904.2+0.193%Vest85,904.7+0.194%Paradex85,908.1+0.198%Jupiter Perps85,908.2+0.198%Kalshi85,919+0.211%Coinbase International85,927.9+0.221%Hyperliquid85,934+0.228%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni BTC−0.106%+0.0066%8h$172.2M$506.8M—as long as short
Injective BTC/USDC PERP−0.021%−0.0019%1h$308K$27.0M52xas long as short
Bulk BTC-USD−0.010%−0.0019%1h$560.6M$139.0M40xas long as short
BloFin BTC-USDT−0.007%−0.0094%8h$424.7M$566.7M150xas long as short
KuCoin XBTUSDTM−0.007%0.0000%8h$797.0M$614.7M125xas long as short
SoDEX BTC-USD−0.006%−0.0025%1h$60.8M$284.2M40xas long as short
MEXC BTC_USDT−0.006%+0.0025%8h$5.16B$5.13B500xas long as short
Extended BTC-USDshort−0.005%+0.0008%1h$48.7M$199.6M50x
Bitget BTCUSDT−0.005%−0.0005%8h$2.96B$4.69B150xas long as short
Gate BTC_USDT−0.002%+0.0001%8h$6.07B$9.55B200xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit BTCUSDT−0.001%+0.0015%8h$5.24B$8.59B150xas long as short
Bullet BTC-USD0.000%+0.0091%1h$230K$3.3M20xas long as short
Binance BTCUSDTlong0.000%+0.0026%8h$9.48B$22.08B150x
Arcus BTC-USD+0.001%−0.0377%1h$6.8M$85.2M40xas long as short
OKX BTC-USDT-SWAP+0.001%+0.0014%8h$2.66B$11.55B100xas long as short
Aevo BTC-PERP+0.004%+0.0024%1h$2.4M$1.3M20xas long as short
Phemex BTCUSDT+0.005%−0.0018%8h$148.4M$415.5M150xas long as short
edgeX BTCUSDC+0.007%+0.0100%4h$280.2M$882.2M100xas long as short
Reya BTCRUSDPERP+0.009%−0.0018%1h$6.7M$138.1M40xas long as short
BingX BTC-USDC+0.009%−0.0005%8h—$14.7M—as long as short
Derive BTC-PERP+0.011%+0.0100%1h$30.4M$59.6M15xas long as short
Backpack BTC_USDC_PERP+0.011%+0.0100%1h$37.2M$125.6M75xas long as short
HTX BTC-USDT+0.013%+0.0100%8h$2.28B$833.6M200xas long as short
SunX BTC-USDT+0.013%+0.0100%8h$3.3M$5.8M100xas long as short
Aster BTCUSDT+0.015%+0.0014%8h$504.8M$1.10B200xas long as short
Lighter BTC+0.018%+0.0096%1h$171.4M$941.5M50xas long as short
Orderly PERP_BTC_USDC+0.021%+0.0100%8h$2.4M$7.4M100xas long as short
Lighter RH BTC+0.022%+0.0096%1h$24.7M$136.5M50xas long as short
Ondo Perps BTC-USD.P+0.034%+0.0100%1h$4.0M$16.7M25xas long as short
Phoenix BTC+0.034%−0.0096%1h$1.9M$11.0M40xas long as short
gTrade (Gains Network) BTC/USD+0.039%L +0.0005% / S −0.0004%1h$36.7M—200xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.041%L +0.0172% / S −0.0153%1h$12.7M—200xas long as short
StandX BTC-USD+0.042%+0.0064%1h$30.7M$225.5M40xas long as short
Polymarket Perps BTC-USD+0.043%+0.0100%1h$11.0M$11.7M50xas long as short
Bluefin BTC-PERP+0.044%−0.2212%1h$143K$411K40xas long as short
Aftermath Perps BTCUSD+0.045%+0.0081%1h$86K$154K20xas long as short
Katana Perps BTC-USD+0.049%+0.0100%8h$191K$5.7M50xas long as short
Nado BTC-PERP+0.049%+0.0100%1h$23.2M$227.2M50xas long as short
Kraken Futures PF_XBTUSD+0.050%−0.0073%1h$190.4M$813.8M100xas long as short
Popdex BTCUSDT+0.051%+0.0040%1h$8.5M$46.5M100xas long as short
01 Exchange BTCUSD+0.057%−0.0048%1h$303K$2.4M50xas long as short
Hotstuff BTC-PERP+0.061%−0.0080%1h$9K$4K50xas long as short
Perpl BTC+0.062%−0.0223%43m$407K$26.8M6.7xas long as short
ApeX Omni BTCUSDT+0.063%−0.0093%1h$139.5M$319.2M100xas long as short
Pacifica BTC+0.065%+0.0100%1h$37.0M$391.7M50xas long as short
RISEx BTC/USDC+0.079%+0.0040%1h$9.1M$38.6M25xas long as short
Hibachi BTC/USDT-P+0.081%+0.0112%1h$752K$7.2M30xas long as short
Deribit BTC-PERPETUAL+0.084%+0.0136%1h$914.3M$1.11B50xas long as short
dYdX BTC-USD+0.088%−0.0030%1h$17.1M$18.1M50xas long as short
Vest BTC-PERP+0.088%+0.0100%1h—$11.5M50xas long as short
Paradex BTC-USD-PERP+0.092%+0.0096%8h$4.4M$6.8M50xas long as short
Jupiter Perps WBTC-PERP+0.092%L +0.0104% / S +0.0048%1h—$84.7M500xas long as short
Kalshi KXBTCPERP+0.105%+0.0105%8h$13.3M$632.2M6.4xas long as short
Coinbase International BTC-PERP-INTX+0.115%+0.0184%1h$128.7M$5.92B50xas long as short
Hyperliquid BTC+0.122%+0.0135%1h$3.92B$4.40B40xas long as short