After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.031%7d average−0.004%fees + slippage, in and out−$22spread needed0.215%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BTC-USDT | 86,001.7 | −0.0136 | get 0.0136% / 8h | 38m 28s | $428.2M | $536.2M | 150x |
| Short | SoDEX BTC-USD | 86,028 | 0.0011 | get 0.0001% / 1h | 38m 28s | $61.0M | $283.4M | 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
- $3.06
- Funding while held
- $4.41
- Slippage, 4 orders
- −$1.52
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$14.05
- Spread needed to break even
- 0.215%
Slippage from BloFin: live order book, 7 min ago; SoDEX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0147%
- Per $10,000 a day
- +$4.41
- 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 BloFin live order book, 7 min ago | 0.70 bp | 6.7 bp −$7 | 6.7 bp −$67 | 7.6 bp −$761 | 9.0 bp −$4,495 |
| Sell SoDEX live order book, 2 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | 5.0 bp −$502 | 42.9 bp −$21.4K |
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 | |
|---|---|---|---|---|---|---|---|
| Bullet BTC-USD | −0.037% | +0.0100% | 1h | $244K | $3.3M | 20x | as long as short |
| MEXC BTC_USDT | −0.021% | +0.0075% | 8h | $5.07B | $5.03B | 500x | as long as short |
| Reya BTCRUSDPERP | −0.009% | −0.0023% | 1h | $6.7M | $137.6M | 40x | as long as short |
| BloFin BTC-USDTlong | 0.000% | −0.0136% | 8h | $428.2M | $536.2M | 150x | |
| Nado BTC-PERP | +0.003% | +0.0100% | 1h | $23.6M | $229.5M | 50x | as long as short |
| Bitget BTCUSDT | +0.006% | −0.0005% | 8h | $2.96B | $4.64B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.012% | +0.0100% | 1h | $39.2M | $104.7M | 75x | as long as short |
| OKX BTC-USDT-SWAP | +0.023% | +0.0032% | 8h | $2.63B | $11.52B | 100x | as long as short |
| Bybit BTCUSDT | +0.026% | +0.0100% | 8h | $5.15B | $8.42B | 150x | as long as short |
| Aevo BTC-PERP | +0.027% | +0.0080% | 1h | $2.4M | $1.6M | 20x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex BTCUSDT | +0.029% | −0.0021% | 8h | $158.1M | $399.6M | 150x | as long as short |
| SoDEX BTC-USDshort | +0.031% | +0.0011% | 1h | $61.0M | $283.4M | 40x | |
| HTX BTC-USDT | +0.031% | +0.0061% | 8h | $2.30B | $840.8M | 200x | as long as short |
| BingX BTC-USDC | +0.035% | −0.0005% | 8h | — | $14.8M | — | as long as short |
| Binance BTCUSDT | +0.035% | +0.0076% | 8h | $9.56B | $21.46B | 150x | as long as short |
| Katana Perps BTC-USD | +0.038% | +0.0100% | 8h | $194K | $5.4M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.038% | +0.0100% | 1h | $11.0M | $11.6M | 50x | as long as short |
| Extended BTC-USD | +0.038% | +0.0104% | 1h | $48.7M | $209.0M | 50x | as long as short |
| SunX BTC-USDT | +0.041% | +0.0100% | 8h | $3.3M | $6.0M | 100x | as long as short |
| Aster BTCUSDT | +0.042% | +0.0047% | 8h | $488.2M | $1.11B | 200x | as long as short |
| Gate BTC_USDT | +0.044% | −0.0013% | 8h | $6.13B | $9.30B | 200x | as long as short |
| KuCoin XBTUSDTM | +0.046% | +0.0046% | 8h | $790.2M | $613.7M | 125x | as long as short |
| Hotstuff BTC-PERP | +0.046% | −0.0080% | 1h | $9K | $3K | 50x | as long as short |
| Popdex BTCUSDT | +0.046% | +0.0096% | 1h | $8.5M | $44.9M | 100x | as long as short |
| Jupiter Perps WBTC-PERP | +0.048% | L +0.0104% / S +0.0048% | 1h | — | $88.8M | 500x | as long as short |
| Ondo Perps BTC-USD.P | +0.050% | +0.0100% | 1h | $4.0M | $16.3M | 25x | as long as short |
| Orderly PERP_BTC_USDC | +0.053% | +0.0100% | 8h | $2.4M | $7.2M | 100x | as long as short |
| Perpl BTC | +0.056% | −0.0223% | 43m | $471K | $30.0M | 6.7x | as long as short |
| Arcus BTC-USD | +0.057% | +0.0100% | 1h | $5.8M | $82.4M | 40x | as long as short |
| Kraken Futures PF_XBTUSD | +0.058% | +0.0071% | 1h | $186.0M | $810.6M | 100x | as long as short |
| dYdX BTC-USD | +0.066% | 0.0000% | 1h | $16.9M | $16.4M | 50x | as long as short |
| 01 Exchange BTCUSD | +0.068% | −0.0072% | 1h | $288K | $2.4M | 50x | as long as short |
| Derive BTC-PERP | +0.068% | +0.0100% | 1h | $30.2M | $59.1M | 15x | as long as short |
| Lighter BTC | +0.073% | +0.0096% | 1h | $172.5M | $919.9M | 50x | as long as short |
| StandX BTC-USD | +0.076% | +0.0100% | 1h | $30.7M | $236.0M | 40x | as long as short |
| Pacifica BTC | +0.077% | +0.0100% | 1h | $36.6M | $344.9M | 50x | as long as short |
| Lighter RH BTC | +0.077% | +0.0096% | 1h | $25.0M | $137.3M | 50x | as long as short |
| RISEx BTC/USDC | +0.088% | +0.0128% | 1h | $8.3M | $38.7M | 25x | as long as short |
| Paradex BTC-USD-PERP | +0.090% | +0.0085% | 8h | $4.4M | $6.6M | 50x | as long as short |
| Bluefin BTC-PERP | +0.092% | +0.0100% | 1h | $144K | $406K | 40x | as long as short |
| Vest BTC-PERP | +0.099% | +0.0100% | 1h | — | $12.4M | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.100% | L +0.0198% / S −0.0176% | 1h | $12.5M | — | 200x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.103% | +0.0104% | 1h | $150.3M | $6.24B | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.108% | L +0.0005% / S −0.0004% | 1h | $36.9M | — | 200x | as long as short |
| Hyperliquid BTC | +0.117% | +0.0255% | 1h | $3.91B | $4.33B | 40x | as long as short |
| Deribit BTC-PERPETUAL | +0.118% | +0.0220% | 1h | $889.3M | $1.05B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.122% | +0.0110% | 8h | $11.3M | $562.2M | 6.4x | as long as short |
| Phoenix BTC | +0.125% | −0.0086% | 1h | $2.0M | $10.8M | 40x | as long as short |
| ApeX Omni BTCUSDT | +0.148% | −0.0147% | 1h | $139.0M | $318.7M | 100x | as long as short |
| Variational Omni BTC | +0.152% | +0.0100% | 8h | $171.2M | $506.8M | — | as long as short |
| edgeX BTCUSDC | +0.155% | −0.0110% | 4h | $278.7M | $865.4M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.157% | −0.0056% | 1h | $87K | $155K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.247% | +0.0184% | 1h | $628K | $7.2M | 30x | as long as short |
| Bulk BTC-USD | +0.296% | +0.0100% | 1h | $547.8M | $93.7M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.388% | +0.0108% | 1h | $305K | $27.0M | 52x | as long as short |
BloFin BTC-USDT
SoDEX BTC-USD
Bullet
MEXC
Bitget
Backpack
OKX
Bybit
Phemex
HTX
BingX
Binance
Katana Perps
Polymarket Perps
Extended
SunX
Aster
Gate
KuCoin
Popdex
Kraken Futures
Derive
Lighter
StandX
Pacifica
Lighter RH
RISEx
Paradex
Bluefin
GMX
Coinbase International
gTrade (Gains Network)
Hyperliquid
Deribit
Phoenix
ApeX Omni
Variational Omni
Bulk
Injective