After costs, if the gap returns to its 7d average, $10k−$6
spread now+0.106%7d average−0.039%fees + slippage, in and out−$20spread needed0.200%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BTCUSDT | 85,918.9 | 0.0086 | pay 0.0086% / 8h | 4m 51s | $5.19B | $8.58B | 150x |
| Short | edgeX BTCUSDC | 86,010 | 0.0100 | get 0.0050% / 4h | 4m 51s | $278.7M | $881.3M | 100x |
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
- $10.6
- Funding while held
- $0.42
- Slippage, 4 orders
- −$0.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$9.02
- Spread needed to break even
- 0.200%
Slippage from Bybit: live order book, 6 min ago; edgeX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.42
- 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 Bybit live order book, 6 min ago | 0.01 bp | 5.5 bp −$6 | 5.5 bp −$55 | 6.1 bp −$610 | 7.6 bp −$3,781 |
| Sell edgeX live order book, 1 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.7 bp −$467 | 5.7 bp −$2,845 |
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 | |
|---|---|---|---|---|---|---|---|
| Bitget BTCUSDT | −0.003% | −0.0004% | 8h | $2.97B | $4.71B | 150x | as long as short |
| MEXC BTC_USDT | −0.002% | +0.0059% | 8h | $5.10B | $5.22B | 500x | as long as short |
| Bybit BTCUSDTlong | 0.000% | +0.0086% | 8h | $5.19B | $8.58B | 150x | |
| Binance BTCUSDT | +0.001% | +0.0059% | 8h | $9.51B | $22.01B | 150x | as long as short |
| Gate BTC_USDT | +0.001% | −0.0021% | 8h | $6.11B | $9.61B | 200x | as long as short |
| BingX BTC-USDT | +0.002% | −0.0003% | 8h | — | $1.41B | — | as long as short |
| OKX BTC-USDT-SWAP | +0.005% | +0.0021% | 8h | $2.66B | $11.70B | 100x | as long as short |
| Extended BTC-USD | +0.009% | +0.0104% | 1h | $48.9M | $209.7M | 50x | as long as short |
| KuCoin XBTUSDTM | +0.014% | +0.0026% | 8h | $790.2M | $618.1M | 125x | as long as short |
| Aster BTCUSDT | +0.026% | +0.0041% | 8h | $487.7M | $1.13B | 200x | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin BTC-USDT | +0.028% | −0.0061% | 8h | $430.0M | $569.1M | 150x | as long as short |
| Arcus BTC-USD | +0.034% | +0.0100% | 1h | $6.1M | $85.8M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.037% | +0.0100% | 1h | $38.8M | $108.5M | 75x | as long as short |
| HTX BTC-USDT | +0.038% | +0.0069% | 8h | $2.29B | $851.9M | 200x | as long as short |
| SoDEX BTC-USD | +0.039% | −0.0023% | 1h | $61.0M | $283.6M | 40x | as long as short |
| Phemex BTCUSDT | +0.043% | −0.0024% | 8h | $153.6M | $408.8M | 150x | as long as short |
| Reya BTCRUSDPERP | +0.044% | −0.0021% | 1h | $6.7M | $137.9M | 40x | as long as short |
| Aevo BTC-PERP | +0.048% | +0.0056% | 1h | $2.4M | $1.5M | 20x | as long as short |
| Bullet BTC-USD | +0.052% | +0.0100% | 1h | $244K | $3.3M | 20x | as long as short |
| Lighter BTC | +0.053% | +0.0096% | 1h | $172.4M | $944.9M | 50x | as long as short |
| SunX BTC-USDT | +0.053% | +0.0100% | 8h | $3.3M | $6.1M | 100x | as long as short |
| Lighter RH BTC | +0.054% | +0.0096% | 1h | $24.8M | $141.3M | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.056% | +0.0100% | 8h | $2.4M | $7.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.059% | +0.0100% | 8h | $191K | $5.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.063% | +0.0072% | 1h | $8.5M | $45.8M | 100x | as long as short |
| Polymarket Perps BTC-USD | +0.063% | +0.0100% | 1h | $11.0M | $11.7M | 50x | as long as short |
| Bulk BTC-USD | +0.067% | +0.0100% | 1h | $558.9M | $144.9M | 40x | as long as short |
| 01 Exchange BTCUSD | +0.075% | −0.0064% | 1h | $287K | $2.4M | 50x | as long as short |
| Perpl BTC | +0.083% | −0.0112% | 43m | $411K | $29.6M | 6.7x | as long as short |
| Hotstuff BTC-PERP | +0.084% | −0.0080% | 1h | $9K | $4K | 50x | as long as short |
| Phoenix BTC | +0.085% | −0.0086% | 1h | $1.8M | $10.8M | 40x | as long as short |
| Ondo Perps BTC-USD.P | +0.087% | +0.0100% | 1h | $3.9M | $16.4M | 25x | as long as short |
| ApeX Omni BTCUSDT | +0.091% | −0.0125% | 1h | $139.1M | $318.3M | 100x | as long as short |
| Kraken Futures PF_XBTUSD | +0.094% | +0.0071% | 1h | $186.5M | $822.6M | 100x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.095% | L +0.0198% / S −0.0175% | 1h | $12.5M | — | 200x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.097% | L +0.0005% / S −0.0004% | 1h | $36.8M | — | 200x | as long as short |
| RISEx BTC/USDC | +0.103% | +0.0128% | 1h | $8.8M | $38.8M | 25x | as long as short |
| Bluefin BTC-PERP | +0.103% | −0.0102% | 1h | $143K | $407K | 40x | as long as short |
| Paradex BTC-USD-PERP | +0.106% | +0.0091% | 8h | $4.4M | $6.7M | 50x | as long as short |
| edgeX BTCUSDCshort | +0.106% | +0.0100% | 4h | $278.7M | $881.3M | 100x | |
| Pacifica BTC | +0.112% | +0.0100% | 1h | $36.9M | $357.1M | 50x | as long as short |
| Hyperliquid BTC | +0.121% | +0.0238% | 1h | $3.91B | $4.51B | 40x | as long as short |
| Jupiter Perps WBTC-PERP | +0.128% | L +0.0104% / S +0.0048% | 1h | — | $89.6M | 500x | as long as short |
| Vest BTC-PERP | +0.129% | +0.0100% | 1h | — | $12.2M | 50x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.132% | +0.0104% | 1h | $151.4M | $6.24B | 50x | as long as short |
| Kalshi KXBTCPERP | +0.135% | 0.0000% | 8h | $12.5M | $582.9M | 6.4x | as long as short |
| Deribit BTC-PERPETUAL | +0.143% | +0.0191% | 1h | $910.7M | $1.11B | 50x | as long as short |
| Derive BTC-PERP | +0.157% | +0.0100% | 1h | $30.3M | $59.2M | 15x | as long as short |
| Variational Omni BTC | +0.161% | +0.0100% | 8h | $171.9M | $512.6M | — | as long as short |
| Aftermath Perps BTCUSD | +0.161% | +0.0006% | 1h | $86K | $154K | 20x | as long as short |
| dYdX BTC-USD | +0.162% | 0.0000% | 1h | $17.3M | $17.5M | 50x | as long as short |
| Nado BTC-PERP | +0.167% | +0.0100% | 1h | $23.7M | $230.5M | 50x | as long as short |
| StandX BTC-USD | +0.215% | +0.0100% | 1h | $30.7M | $230.5M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.229% | +0.0108% | 1h | $308K | $27.0M | 52x | as long as short |
| Hibachi BTC/USDT-P | +0.230% | +0.0232% | 1h | $704K | $7.4M | 30x | as long as short |
Bybit BTCUSDT
Bitget
MEXC
Binance
Gate
BingX
OKX
Extended
KuCoin
Aster
BloFin
Backpack
HTX
SoDEX
Phemex
Bullet
Lighter
SunX
Lighter RH
Katana Perps
Popdex
Polymarket Perps
Bulk
Phoenix
ApeX Omni
Kraken Futures
GMX
gTrade (Gains Network)
RISEx
Bluefin
Paradex
Pacifica
Hyperliquid
Coinbase International
Deribit
Derive
Variational Omni
StandX
Injective