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

BTC

all BTC markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$23
spread now−0.016%7d average+0.031%fees + slippage, in and out−$18spread needed0.179%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XBTUSDTM85,794.4−0.0004get 0.0004% / 8h6h 11m$804.9M$617.9M125x
ShortArcus BTC-USD85,780.3−0.0377pay 0.0047% / 1h11m 57s$6.9M$85.3M40x

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
−$1.64
Funding while held
−$11.18
Slippage, 4 orders
−$1.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$30.74
Spread needed to break even
0.179%
Slippage from KuCoin: live order book, 4 min ago; Arcus: live order book, 4 min ago.

Cost of waiting

funding view
Funding /8h
−0.0373%
Per $10,000 a day
$11.18
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 KuCoin live order book, 4 min ago0.01 bp6.0 bp −$66.3 bp −$638.0 bp −$803doesn't fit
Sell Arcus live order book, 4 min ago0.01 bp3.6 bp −$44.7 bp −$476.4 bp −$641doesn't fit

BTC price on every exchange

against the cheapest. Click to use as the short leg.

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Arcus BTC-USDshort−0.016%−0.0377%1h$6.9M$85.3M40x
Aster BTCUSDT−0.002%+0.0010%8h$504.3M$1.10B200xas long as short
KuCoin XBTUSDTMlong0.000%−0.0004%8h$804.9M$617.9M125x
Extended BTC-USD0.000%+0.0048%1h$48.8M$199.9M50xas long as short
Bybit BTCUSDT+0.003%+0.0014%8h$5.25B$8.59B150xas long as short
Bullet BTC-USD+0.007%+0.0100%1h$237K$3.3M20xas long as short
Popdex BTCUSDT+0.007%+0.0048%1h$8.5M$46.5M100xas long as short
BloFin BTC-USDT+0.007%−0.0097%8h$422.9M$566.2M150xas long as short
Reya BTCRUSDPERP+0.007%−0.0017%1h$6.7M$138.2M40xas long as short
Gate BTC_USDT+0.009%−0.0001%8h$6.06B$9.59B200xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC BTC_USDT+0.009%+0.0023%8h$5.17B$5.17B500xas long as short
BingX BTC-USDT+0.009%−0.0003%8h$1.37Bas long as short
Binance BTCUSDT+0.010%+0.0023%8h$9.47B$22.08B150xas long as short
Bitget BTCUSDT+0.010%−0.0004%8h$2.96B$4.68B150xas long as short
OKX BTC-USDT-SWAP+0.013%+0.0016%8h$2.66B$11.54B100xas long as short
HTX BTC-USDT+0.015%+0.0087%8h$2.28B$835.6M200xas long as short
SunX BTC-USDT+0.017%+0.0100%8h$3.4M$5.8M100xas long as short
Ondo Perps BTC-USD.P+0.019%+0.0100%1h$3.9M$16.8M25xas long as short
SoDEX BTC-USD+0.022%−0.0002%1h$60.8M$284.3M40xas long as short
Aevo BTC-PERP+0.022%+0.0024%1h$2.4M$1.3M20xas long as short
Katana Perps BTC-USD+0.023%+0.0100%8h$190K$5.8M50xas long as short
Polymarket Perps BTC-USD+0.024%+0.0100%1h$11.0M$11.7M50xas long as short
Perpl BTC+0.028%−0.0447%43m$389K$26.5M6.7xas long as short
Phemex BTCUSDT+0.033%+0.0019%8h$147.8M$418.2M150xas long as short
Nado BTC-PERP+0.034%+0.0100%1h$23.4M$227.3M50xas long as short
Orderly PERP_BTC_USDC+0.034%+0.0100%8h$2.4M$7.4M100xas long as short
Derive BTC-PERP+0.035%+0.0100%1h$30.4M$59.0M15xas long as short
Hotstuff BTC-PERP+0.036%−0.0080%1h$9K$4K50xas long as short
Jupiter Perps WBTC-PERP+0.039%L +0.0104% / S +0.0048%1h$84.8M500xas long as short
01 Exchange BTCUSD+0.039%−0.0048%1h$309K$2.4M50xas long as short
Lighter BTC+0.043%+0.0096%1h$172.1M$947.5M50xas long as short
Hibachi BTC/USDT-P+0.045%+0.0112%1h$752K$6.9M30xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.046%L +0.0172% / S −0.0153%1h$12.7M200xas long as short
Backpack BTC_USDC_PERP+0.047%+0.0100%1h$37.1M$127.3M75xas long as short
Lighter RH BTC+0.049%+0.0096%1h$24.5M$138.0M50xas long as short
dYdX BTC-USD+0.050%−0.0021%1h$17.1M$18.1M50xas long as short
Pacifica BTC+0.053%+0.0100%1h$36.8M$400.4M50xas long as short
gTrade (Gains Network) BTC/USD+0.054%L +0.0005% / S −0.0004%1h$36.7M200xas long as short
RISEx BTC/USDC+0.060%+0.0040%1h$9.1M$38.6M25xas long as short
Bluefin BTC-PERP+0.061%−0.1146%1h$143K$410K40xas long as short
Kalshi KXBTCPERP+0.066%+0.0105%8h$13.1M$641.4M6.4xas long as short
Bulk BTC-USD+0.071%−0.0012%1h$561.5M$139.4M40xas long as short
ApeX Omni BTCUSDT+0.079%−0.0079%1h$139.2M$319.5M100xas long as short
Vest BTC-PERP+0.079%+0.0100%1h$11.5M50xas long as short
Kraken Futures PF_XBTUSD+0.088%−0.0073%1h$190.2M$810.6M100xas long as short
Paradex BTC-USD-PERP+0.091%+0.0097%8h$4.4M$6.8M50xas long as short
edgeX BTCUSDC+0.100%+0.0100%4h$280.3M$881.5M100xas long as short
Phoenix BTC+0.102%−0.0096%1h$1.9M$11.0M40xas long as short
Aftermath Perps BTCUSD+0.109%+0.0060%1h$86K$153K20xas long as short
Deribit BTC-PERPETUAL+0.109%+0.0136%1h$914.7M$1.10B50xas long as short
StandX BTC-USD+0.115%+0.0069%1h$30.7M$220.1M40xas long as short
Coinbase International BTC-PERP-INTX+0.124%+0.0184%1h$129.1M$5.88B50xas long as short
Variational Omni BTC+0.132%+0.0063%8h$171.7M$506.9Mas long as short
Hyperliquid BTC+0.134%+0.0156%1h$3.92B$4.41B40xas long as short
Injective BTC/USDC PERP+0.205%−0.0019%1h$308K$27.0M52xas long as short