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−$16
spread now+0.031%7d average+0.038%fees + slippage, in and out−$15spread needed0.151%
Long on ExtendedShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended BTC-USD85,258.10.0104pay 0.0013% / 1h49m 04s$47.0M$199.6M50x
ShortBinance BTCUSDT85,284.80.0094get 0.0094% / 8h1h 49m$9.49B$19.41B150x

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
$3.13
Funding while held
−$0.29
Slippage, 4 orders
−$0.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$12.29
Spread needed to break even
0.151%
Slippage from Extended: live order book, 2 min ago; Binance: live order book, 12 min ago.

Cost of waiting

funding view
Funding /8h
−0.0010%
Per $10,000 a day
−$0.29
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 Extended live order book, 2 min ago0.06 bp2.6 bp −$32.6 bp −$262.8 bp −$2788.2 bp −$4,091
Sell Binance live order book, 12 min ago0.01 bp5.0 bp −$55.0 bp −$505.0 bp −$5015.5 bp −$2,750

BTC price on every exchange

against the cheapest. Click to use as the short leg.
Bluefin84,593cheapestHotstuff85,088+0.585%edgeX85,093.7+0.592%ApeX Omni85,112.6+0.614%Phoenix85,141+0.648%Derive85,141.6+0.648%Backpack85,154.2+0.663%StandX85,160.3+0.671%Variational Omni85,162.2+0.673%Nado85,190+0.706%Katana Perps85,206+0.725%Arcus85,209.9+0.729%Perpl85,211+0.731%01 Exchange85,232.1+0.755%Hibachi85,232.4+0.756%dYdX85,234.5+0.758%Paradex85,240.9+0.766%Ondo Perps85,246+0.772%Aevo85,246.3+0.772%Pacifica85,247.5+0.774%Aftermath Perps85,247.6+0.774%SoDEX85,251+0.778%Injective85,256+0.784%
Extended85,258.1+0.786%
Bitget85,259.7+0.788%Jupiter Perps85,261.4+0.790%KuCoin85,261.8+0.791%RISEx85,261.9+0.791%Kalshi85,262+0.791%Popdex85,262+0.791%Kraken Futures85,264.4+0.794%HTX85,270.2+0.801%Reya85,279.2+0.811%Phemex85,281.3+0.814%BingX85,284.5+0.817%Lighter85,284.7+0.818%OKX85,284.7+0.818%
Binance85,284.8+0.818%
Lighter RH85,285.4+0.819%Coinbase International85,287.3+0.821%SunX85,291.9+0.826%Polymarket Perps85,293+0.827%Aster85,293.6+0.828%Orderly85,294+0.829%MEXC85,296.5+0.832%Bybit85,297.9+0.833%BloFin85,300.1+0.836%Vest85,300.3+0.836%Gate85,309.9+0.848%gTrade (Gains Network)85,317.8+0.857%GMX85,318.9+0.858%Bullet85,319.9+0.859%Hyperliquid85,329+0.870%Deribit85,331.5+0.873%Bulk85,463.5+1.029%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.780%+0.0100%1h$141K$399K40xas long as short
Hotstuff BTC-PERP−0.199%−0.0080%1h$8K$3K50xas long as short
edgeX BTCUSDC−0.193%−0.0106%4h$281.8M$791.6M100xas long as short
ApeX Omni BTCUSDT−0.171%−0.0168%1h$137.2M$315.7M100xas long as short
Phoenix BTC−0.137%+0.0015%1h$1.6M$10.8M40xas long as short
Derive BTC-PERP−0.137%−0.0028%1h$27.8M$54.7M15xas long as short
Backpack BTC_USDC_PERP−0.122%+0.0100%1h$38.8M$101.9M75xas long as short
StandX BTC-USD−0.115%+0.0100%1h$30.4M$246.9M40xas long as short
Variational Omni BTC−0.112%+0.0100%8h$171.1M$466.0M—as long as short
Nado BTC-PERP−0.080%+0.0100%1h$23.5M$220.4M50xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Katana Perps BTC-USD−0.061%+0.0100%8h$214K$4.9M50xas long as short
Arcus BTC-USD−0.056%+0.0100%1h$6.1M$77.2M40xas long as short
Perpl BTC−0.055%−0.0447%43m$431K$31.4M6.7xas long as short
01 Exchange BTCUSD−0.030%−0.0040%1h$279K$2.3M50xas long as short
Hibachi BTC/USDT-P−0.030%+0.0192%1h$631K$7.6M30xas long as short
dYdX BTC-USD−0.028%0.0000%1h$16.1M$13.8M50xas long as short
Paradex BTC-USD-PERP−0.020%+0.0084%8h$4.3M$6.5M50xas long as short
Ondo Perps BTC-USD.P−0.014%+0.0100%1h$3.9M$15.6M25xas long as short
Aevo BTC-PERP−0.014%+0.0096%1h$2.4M$1.7M20xas long as short
Pacifica BTC−0.012%+0.0100%1h$36.7M$312.3M50xas long as short
Aftermath Perps BTCUSD−0.012%−0.0046%1h$83K$140K20xas long as short
SoDEX BTC-USD−0.008%+0.0069%1h$61.1M$234.5M40xas long as short
Injective BTC/USDC PERP−0.002%+0.0180%1h$306K$27.0M52xas long as short
Extended BTC-USDlong0.000%+0.0104%1h$47.0M$199.6M50x
Bitget BTCUSDT+0.002%−0.0011%8h$2.95B$4.26B150xas long as short
Jupiter Perps WBTC-PERP+0.004%L +0.0104% / S +0.0048%1h—$85.5M500xas long as short
KuCoin XBTUSDTM+0.004%+0.0067%8h$801.3M$575.2M125xas long as short
RISEx BTC/USDC+0.004%+0.0178%1h$8.5M$36.6M25xas long as short
Kalshi KXBTCPERP+0.005%+0.0101%8h$8.2M$494.7M6.4xas long as short
Popdex BTCUSDT+0.005%+0.0096%1h$8.4M$40.3M100xas long as short
Kraken Futures PF_XBTUSD+0.007%+0.0042%1h$186.1M$746.9M100xas long as short
HTX BTC-USDT+0.014%+0.0026%8h$2.28B$778.6M200xas long as short
Reya BTCRUSDPERP+0.025%−0.0035%1h$6.8M$136.2M40xas long as short
Phemex BTCUSDT+0.027%−0.0019%8h$158.0M$371.6M150xas long as short
BingX BTC-USDC+0.031%−0.0011%8h—$14.4M—as long as short
Lighter BTC+0.031%+0.0096%1h$181.7M$846.9M50xas long as short
OKX BTC-USDT-SWAP+0.031%+0.0057%8h$2.55B$10.63B100xas long as short
Binance BTCUSDTshort+0.031%+0.0094%8h$9.49B$19.41B150x
Lighter RH BTC+0.032%+0.0096%1h$25.2M$130.7M50xas long as short
Coinbase International BTC-PERP-INTX+0.034%+0.0112%1h$143.2M$6.09B50xas long as short
SunX BTC-USDT+0.040%+0.0100%8h$3.3M$5.3M100xas long as short
Polymarket Perps BTC-USD+0.041%+0.0100%1h$10.8M$10.5M50xas long as short
Aster BTCUSDT+0.042%+0.0038%8h$487.0M$991.6M200xas long as short
Orderly PERP_BTC_USDC+0.042%+0.0100%8h$2.3M$6.7M100xas long as short
MEXC BTC_USDT+0.045%+0.0094%8h$4.91B$4.62B500xas long as short
Bybit BTCUSDT+0.047%+0.0100%8h$5.05B$7.77B150xas long as short
BloFin BTC-USDT+0.049%+0.0214%8h$422.9M$478.6M150xas long as short
Vest BTC-PERP+0.050%+0.0100%1h—$13.1M50xas long as short
Gate BTC_USDT+0.061%−0.0018%8h$6.01B$8.45B200xas long as short
gTrade (Gains Network) BTC/USD+0.070%L +0.0004% / S −0.0004%1h$36.5M—200xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.071%L +0.0196% / S −0.0203%1h$12.9M—200xas long as short
Bullet BTC-USD+0.073%+0.0100%1h$248K$3.3M20xas long as short
Hyperliquid BTC+0.083%+0.0122%1h$3.84B$4.07B40xas long as short
Deribit BTC-PERPETUAL+0.086%+0.0469%1h$849.5M$920.9M50xas long as short
Bulk BTC-USD+0.241%+0.0100%1h$534.4M$59.0M40xas long as short