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−$18
spread now+0.023%7d average0.000%fees + slippage, in and out−$20spread needed0.200%
Long on OKXShort on Binance
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BTC-USDT-SWAP85,383.60.0057pay 0.0057% / 8h1h 48m$2.56B$10.65B100x
ShortBinance BTCUSDT85,403.30.0095get 0.0095% / 8h1h 48m$9.52B$19.45B150x

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
$2.31
Funding while held
$1.13
Slippage, 4 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$16.59
Spread needed to break even
0.200%
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 12 min ago.

Cost of waiting

funding view
Funding /8h
+0.0038%
Per $10,000 a day
+$1.13
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 OKX live order book, 2 min ago0.01 bp5.0 bp −$55.0 bp −$505.5 bp −$5546.8 bp −$3,411
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.
Bluefin84,542.1cheapestedgeX85,093.7+0.652%ApeX Omni85,112.6+0.675%Phoenix85,141+0.708%Variational Omni85,162.2+0.734%Hibachi85,232.4+0.817%StandX85,253.1+0.841%Injective85,256+0.844%Aftermath Perps85,259.7+0.849%Hotstuff85,261+0.850%dYdX85,274.3+0.866%Backpack85,279+0.872%BloFin85,300.1+0.897%Arcus85,314.8+0.914%Pacifica85,319+0.919%Katana Perps85,321+0.921%Kalshi85,323+0.924%Derive85,341+0.945%Paradex85,341.5+0.946%Ondo Perps85,343+0.947%Extended85,356.2+0.963%RISEx85,369.7+0.979%MEXC85,370.1+0.979%Aevo85,372.9+0.983%01 Exchange85,375.1+0.985%Orderly85,376.5+0.987%Bybit85,377.6+0.988%
OKX85,383.6+0.995%
Popdex85,384+0.996%Perpl85,385.3+0.997%Phemex85,386+0.998%BingX85,386.2+0.998%SunX85,387.5+1.000%HTX85,388+1.001%SoDEX85,390+1.003%Bitget85,391+1.004%KuCoin85,391.7+1.005%Lighter85,393.1+1.007%Jupiter Perps85,393.8+1.007%gTrade (Gains Network)85,397+1.011%Bullet85,397.9+1.012%Lighter RH85,398.2+1.013%GMX85,399.7+1.014%Reya85,399.9+1.015%
Binance85,403.3+1.019%
Aster85,403.6+1.019%Vest85,406.7+1.023%Gate85,407.2+1.023%Nado85,412.6+1.030%Kraken Futures85,414.2+1.032%Polymarket Perps85,416+1.034%Coinbase International85,430.1+1.050%Deribit85,459+1.085%Bulk85,463.5+1.090%Hyperliquid85,503+1.137%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bluefin BTC-PERP−0.986%−0.2056%1h$141K$399K40xas long as short
edgeX BTCUSDC−0.340%−0.0106%4h$281.8M$791.6M100xas long as short
ApeX Omni BTCUSDT−0.317%−0.0168%1h$137.2M$315.7M100xas long as short
Phoenix BTC−0.284%+0.0015%1h$1.6M$10.8M40xas long as short
Variational Omni BTC−0.259%+0.0100%8h$171.1M$466.0M—as long as short
Hibachi BTC/USDT-P−0.177%+0.0192%1h$631K$7.6M30xas long as short
StandX BTC-USD−0.153%+0.0100%1h$30.5M$246.9M40xas long as short
Injective BTC/USDC PERP−0.149%+0.0180%1h$306K$27.0M52xas long as short
Aftermath Perps BTCUSD−0.145%−0.0052%1h$83K$140K20xas long as short
Hotstuff BTC-PERP−0.144%−0.0080%1h$8K$3K50xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
dYdX BTC-USD−0.128%0.0000%1h$16.1M$13.8M50xas long as short
Backpack BTC_USDC_PERP−0.123%+0.0100%1h$38.8M$101.8M75xas long as short
BloFin BTC-USDT−0.098%+0.0214%8h$422.9M$478.6M150xas long as short
Arcus BTC-USD−0.081%+0.0100%1h$6.1M$77.2M40xas long as short
Pacifica BTC−0.076%+0.0100%1h$36.7M$312.3M50xas long as short
Katana Perps BTC-USD−0.073%+0.0100%8h$207K$4.9M50xas long as short
Kalshi KXBTCPERP−0.071%+0.0101%8h$8.3M$496.1M6.4xas long as short
Derive BTC-PERP−0.050%−0.0031%1h$27.9M$54.7M15xas long as short
Paradex BTC-USD-PERP−0.049%+0.0084%8h$4.3M$6.5M50xas long as short
Ondo Perps BTC-USD.P−0.048%+0.0100%1h$3.9M$15.6M25xas long as short
Extended BTC-USD−0.032%+0.0104%1h$47.0M$199.6M50xas long as short
RISEx BTC/USDC−0.016%+0.0178%1h$8.6M$36.6M25xas long as short
MEXC BTC_USDT−0.016%+0.0094%8h$4.91B$4.63B500xas long as short
Aevo BTC-PERP−0.013%+0.0096%1h$2.4M$1.7M20xas long as short
01 Exchange BTCUSD−0.010%−0.0040%1h$280K$2.3M50xas long as short
Orderly PERP_BTC_USDC−0.008%+0.0100%8h$2.3M$6.7M100xas long as short
Bybit BTCUSDT−0.007%+0.0100%8h$5.05B$7.78B150xas long as short
OKX BTC-USDT-SWAPlong0.000%+0.0057%8h$2.56B$10.65B100x
Popdex BTCUSDT0.000%+0.0096%1h$8.4M$40.3M100xas long as short
Perpl BTC+0.002%−0.0447%43m$431K$31.4M6.7xas long as short
Phemex BTCUSDT+0.003%−0.0019%8h$158.2M$371.6M150xas long as short
BingX BTC-USDT+0.003%−0.0011%8h—$1.29B—as long as short
SunX BTC-USDT+0.005%+0.0100%8h$3.3M$5.3M100xas long as short
HTX BTC-USDT+0.005%+0.0028%8h$2.29B$778.3M200xas long as short
SoDEX BTC-USD+0.007%+0.0082%1h$61.2M$234.5M40xas long as short
Bitget BTCUSDT+0.009%−0.0011%8h$2.96B$4.27B150xas long as short
KuCoin XBTUSDTM+0.009%+0.0067%8h$802.5M$575.6M125xas long as short
Lighter BTC+0.011%+0.0096%1h$181.7M$847.6M50xas long as short
Jupiter Perps WBTC-PERP+0.012%L +0.0104% / S +0.0048%1h—$85.5M500xas long as short
gTrade (Gains Network) BTC/USD+0.016%L +0.0004% / S −0.0004%1h$36.5M—200xas long as short
Bullet BTC-USD+0.017%+0.0100%1h$249K$3.3M20xas long as short
Lighter RH BTC+0.017%+0.0096%1h$25.4M$131.2M50xas long as short
GMX BTC/USD [WBTC.b-USDC]+0.019%L +0.0197% / S −0.0209%1h$13.1M—200xas long as short
Reya BTCRUSDPERP+0.019%−0.0034%1h$6.8M$136.3M40xas long as short
Binance BTCUSDTshort+0.023%+0.0095%8h$9.52B$19.45B150x
Aster BTCUSDT+0.023%+0.0040%8h$487.7M$993.5M200xas long as short
Vest BTC-PERP+0.027%+0.0100%1h—$13.1M50xas long as short
Gate BTC_USDT+0.028%−0.0017%8h$6.02B$8.45B200xas long as short
Nado BTC-PERP+0.034%+0.0100%1h$23.7M$220.8M50xas long as short
Kraken Futures PF_XBTUSD+0.036%+0.0042%1h$186.4M$747.0M100xas long as short
Polymarket Perps BTC-USD+0.038%+0.0100%1h$10.8M$10.5M50xas long as short
Coinbase International BTC-PERP-INTX+0.054%+0.0112%1h$143.6M$6.11B50xas long as short
Deribit BTC-PERPETUAL+0.088%+0.0428%1h$849.3M$921.1M50xas long as short
Bulk BTC-USD+0.094%+0.0100%1h$534.4M$59.0M40xas long as short
Hyperliquid BTC+0.140%+0.0127%1h$3.85B$4.08B40xas long as short