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−$36
spread now+0.010%7d average0.000%fees + slippage, in and out−$37spread needed0.366%
Long on GateShort on dYdX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BTC_USDT85,686.5−0.0012get 0.0012% / 8h1h 33m$6.08B$8.64B200x
ShortdYdX BTC-USD85,695.20get 0.0000% / 1h33m 40s$16.7M$14.7M50x

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
$1.01
Funding while held
$0.36
Slippage, 4 orders
−$11.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$35.2
Spread needed to break even
0.366%
Slippage from Gate: live order book, 2 min ago; dYdX: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0012%
Per $10,000 a day
+$0.36
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 Gate live order book, 2 min ago0.01 bp7.5 bp −$88.1 bp −$819.6 bp −$96513.1 bp −$6,549
Sell dYdX live order book, 2 min ago0.76 bp11.4 bp −$1116.5 bp −$16517.0 bp −$1,70227.0 bp −$13.5K

BTC price on every exchange

against the cheapest. Click to use as the short leg.
edgeX85,369.2cheapestApeX Omni85,394.5+0.030%Injective85,406+0.043%Aftermath Perps85,498+0.151%Variational Omni85,554.8+0.217%Phoenix85,564+0.228%Bulk85,570.3+0.236%SoDEX85,628+0.303%HTX85,632.2+0.308%Phemex85,635+0.311%Aevo85,637+0.314%StandX85,640.5+0.318%Backpack85,640.6+0.318%Orderly85,641.7+0.319%SunX85,644.6+0.323%Derive85,645.5+0.324%Katana Perps85,649+0.328%Kraken Futures85,650.3+0.329%Arcus85,650.4+0.329%Extended85,650.7+0.330%01 Exchange85,654+0.334%Aster85,662.8+0.344%Lighter RH85,669.2+0.351%Coinbase International85,669.3+0.352%BingX85,669.9+0.352%Nado85,670.3+0.353%Popdex85,672+0.355%Hotstuff85,673+0.356%Ondo Perps85,674+0.357%Bluefin85,679.1+0.363%Lighter85,679.7+0.364%Reya85,680.8+0.365%Bullet85,681+0.365%
Gate85,686.5+0.372%
gTrade (Gains Network)85,687.4+0.373%MEXC85,690.5+0.376%RISEx85,691.7+0.378%OKX85,691.8+0.378%Binance85,693.3+0.380%
dYdX85,695.2+0.382%
Bitget85,696.1+0.383%GMX85,696.3+0.383%KuCoin85,697.1+0.384%Perpl85,698+0.385%Hyperliquid85,700+0.388%Bybit85,700+0.388%Polymarket Perps85,700+0.388%Pacifica85,706+0.395%BloFin85,706+0.395%Kalshi85,709+0.398%Deribit85,716.4+0.407%Paradex85,719.5+0.410%Vest85,737.6+0.432%Hibachi85,740.6+0.435%Jupiter Perps85,744.7+0.440%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX BTCUSDC−0.370%−0.0113%4h$284.2M$803.0M100xas long as short
ApeX Omni BTCUSDT−0.341%−0.0103%1h$138.3M$316.8M100xas long as short
Injective BTC/USDC PERP−0.327%+0.0180%1h$306K$27.0M52xas long as short
Aftermath Perps BTCUSD−0.220%−0.0070%1h$85K$142K20xas long as short
Variational Omni BTC−0.154%+0.0100%8h$173.7M$466.2M—as long as short
Phoenix BTC−0.143%+0.0015%1h$1.6M$10.8M40xas long as short
Bulk BTC-USD−0.136%+0.0100%1h$535.4M$59.7M40xas long as short
SoDEX BTC-USD−0.068%+0.0028%1h$61.3M$234.7M40xas long as short
HTX BTC-USDT−0.063%+0.0038%8h$2.29B$784.3M200xas long as short
Phemex BTCUSDT−0.060%−0.0011%8h$158.2M$376.7M150xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo BTC-PERP−0.058%+0.0088%1h$2.4M$1.7M20xas long as short
StandX BTC-USD−0.054%+0.0100%1h$30.6M$245.4M40xas long as short
Backpack BTC_USDC_PERP−0.054%+0.0100%1h$39.4M$100.5M75xas long as short
Orderly PERP_BTC_USDC−0.052%+0.0100%8h$2.4M$6.8M100xas long as short
SunX BTC-USDT−0.049%+0.0100%8h$3.3M$5.4M100xas long as short
Derive BTC-PERP−0.048%+0.0100%1h$28.5M$55.9M15xas long as short
Katana Perps BTC-USD−0.044%+0.0100%8h$197K$5.0M50xas long as short
Kraken Futures PF_XBTUSD−0.042%+0.0042%1h$186.7M$757.6M100xas long as short
Arcus BTC-USD−0.042%+0.0100%1h$6.1M$77.8M40xas long as short
Extended BTC-USD−0.042%+0.0104%1h$47.4M$201.7M50xas long as short
01 Exchange BTCUSD−0.038%−0.0096%1h$281K$2.3M50xas long as short
Aster BTCUSDT−0.028%+0.0041%8h$489.3M$1.03B200xas long as short
Lighter RH BTC−0.020%+0.0096%1h$25.5M$132.9M50xas long as short
Coinbase International BTC-PERP-INTX−0.020%+0.0112%1h$143.2M$6.16B50xas long as short
BingX BTC-USDC−0.019%−0.0010%8h—$14.4M—as long as short
Nado BTC-PERP−0.019%+0.0062%1h$24.3M$223.1M50xas long as short
Popdex BTCUSDT−0.017%+0.0096%1h$8.4M$41.1M100xas long as short
Hotstuff BTC-PERP−0.016%−0.0080%1h$8K$3K50xas long as short
Ondo Perps BTC-USD.P−0.015%+0.0100%1h$3.9M$15.6M25xas long as short
Bluefin BTC-PERP−0.009%−0.0714%1h$143K$401K40xas long as short
Lighter BTC−0.008%+0.0096%1h$179.8M$867.0M50xas long as short
Reya BTCRUSDPERP−0.007%−0.0032%1h$6.8M$137.2M40xas long as short
Bullet BTC-USD−0.006%+0.0072%1h$247K$3.3M20xas long as short
Gate BTC_USDTlong0.000%−0.0012%8h$6.08B$8.64B200x
gTrade (Gains Network) BTC/USD+0.001%L +0.0004% / S −0.0004%1h$36.6M—200xas long as short
MEXC BTC_USDT+0.005%+0.0091%8h$4.98B$4.73B500xas long as short
RISEx BTC/USDC+0.006%+0.0178%1h$8.6M$36.8M25xas long as short
OKX BTC-USDT-SWAP+0.006%+0.0051%8h$2.58B$10.81B100xas long as short
Binance BTCUSDT+0.008%+0.0090%8h$9.59B$19.84B150xas long as short
dYdX BTC-USDshort+0.010%0.0000%1h$16.7M$14.7M50x
Bitget BTCUSDT+0.011%−0.0009%8h$2.97B$4.31B150xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.011%L +0.0198% / S −0.0201%1h$13.2M—200xas long as short
KuCoin XBTUSDTM+0.012%+0.0064%8h$805.7M$581.2M125xas long as short
Perpl BTC+0.013%−0.0447%43m$399K$31.0M6.7xas long as short
Hyperliquid BTC+0.016%+0.0131%1h$3.86B$4.11B40xas long as short
Bybit BTCUSDT+0.016%+0.0100%8h$5.09B$7.91B150xas long as short
Polymarket Perps BTC-USD+0.016%+0.0100%1h$10.8M$10.7M50xas long as short
Pacifica BTC+0.023%+0.0100%1h$36.6M$317.3M50xas long as short
BloFin BTC-USDT+0.023%+0.0211%8h$422.5M$486.2M150xas long as short
Kalshi KXBTCPERP+0.026%0.0000%8h$8.8M$508.7M6.4xas long as short
Deribit BTC-PERPETUAL+0.035%+0.0367%1h$854.1M$948.6M50xas long as short
Paradex BTC-USD-PERP+0.039%+0.0082%8h$4.3M$6.5M50xas long as short
Vest BTC-PERP+0.060%+0.0100%1h—$13.1M50xas long as short
Hibachi BTC/USDT-P+0.063%+0.0096%1h$601K$7.2M30xas long as short
Jupiter Perps WBTC-PERP+0.068%L +0.0104% / S +0.0048%1h—$86.4M500xas long as short