After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.016%7d average+0.005%fees + slippage, in and out−$19spread needed0.188%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX BTC-USD | 85,980.6 | 0.0100 | pay 0.0013% / 1h | 36m 12s | $30.7M | $214.9M | 40x |
| Short | Aster BTCUSDT | 85,994.5 | 0.0020 | get 0.0020% / 8h | 5h 36m | $505.6M | $1.09B | 200x |
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
- $1.63
- Funding while held
- −$2.41
- Slippage, 4 orders
- −$2.77
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$19.55
- Spread needed to break even
- 0.188%
Slippage from StandX: live order book, 4 min ago; Aster: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0080%
- Per $10,000 a day
- −$2.41
- 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 StandX live order book, 4 min ago | 0.99 bp | 5.6 bp −$6 | 7.3 bp −$73 | 8.3 bp −$833 | 9.5 bp −$4,755 |
| Sell Aster live order book, 4 min ago | 0.01 bp | 4.0 bp −$4 | 4.0 bp −$40 | 5.4 bp −$535 | 8.2 bp −$4,082 |
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 | |
|---|---|---|---|---|---|---|---|
| HTX BTC-USDT | −0.008% | +0.0072% | 8h | $2.29B | $847.0M | 200x | as long as short |
| Hotstuff BTC-PERP | −0.004% | −0.0080% | 1h | $9K | $4K | 50x | as long as short |
| StandX BTC-USDlong | 0.000% | +0.0100% | 1h | $30.7M | $214.9M | 40x | |
| BloFin BTC-USDT | +0.002% | −0.0088% | 8h | $422.3M | $568.2M | 150x | as long as short |
| Bitget BTCUSDT | +0.007% | +0.0002% | 8h | $2.96B | $4.68B | 150x | as long as short |
| SunX BTC-USDT | +0.008% | +0.0100% | 8h | $3.4M | $5.8M | 100x | as long as short |
| Nado BTC-PERP | +0.009% | +0.0100% | 1h | $23.0M | $226.9M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.012% | +0.0100% | 1h | $4.0M | $17.4M | 25x | as long as short |
| Extended BTC-USD | +0.013% | +0.0080% | 1h | $48.5M | $199.8M | 50x | as long as short |
| Variational Omni BTC | +0.015% | +0.0076% | 8h | $170.7M | $505.1M | — | as long as short |
Show all 55 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX BTC-USD | +0.016% | +0.0002% | 1h | $61.0M | $285.1M | 40x | as long as short |
| Binance BTCUSDT | +0.016% | +0.0032% | 8h | $9.49B | $22.06B | 150x | as long as short |
| Aster BTCUSDTshort | +0.016% | +0.0020% | 8h | $505.6M | $1.09B | 200x | |
| MEXC BTC_USDT | +0.016% | +0.0031% | 8h | $5.17B | $5.11B | 500x | as long as short |
| Gate BTC_USDT | +0.017% | +0.0035% | 8h | $6.06B | $9.61B | 200x | as long as short |
| BingX BTC-USDC | +0.019% | +0.0001% | 8h | — | $14.4M | — | as long as short |
| KuCoin XBTUSDTM | +0.021% | −0.0006% | 8h | $806.8M | $619.4M | 125x | as long as short |
| OKX BTC-USDT-SWAP | +0.022% | +0.0027% | 8h | $2.67B | $11.60B | 100x | as long as short |
| Aevo BTC-PERP | +0.023% | +0.0032% | 1h | $2.4M | $1.3M | 20x | as long as short |
| Bybit BTCUSDT | +0.023% | +0.0034% | 8h | $5.28B | $8.66B | 150x | as long as short |
| Arcus BTC-USD | +0.026% | −0.0299% | 1h | $6.7M | $86.1M | 40x | as long as short |
| Bullet BTC-USD | +0.028% | +0.0100% | 1h | $234K | $3.3M | 20x | as long as short |
| Popdex BTCUSDT | +0.028% | +0.0056% | 1h | $8.5M | $46.3M | 100x | as long as short |
| Reya BTCRUSDPERP | +0.028% | −0.0017% | 1h | $6.8M | $138.4M | 40x | as long as short |
| Katana Perps BTC-USD | +0.030% | +0.0100% | 8h | $201K | $5.9M | 50x | as long as short |
| Phemex BTCUSDT | +0.031% | +0.0009% | 8h | $150.9M | $423.6M | 150x | as long as short |
| edgeX BTCUSDC | +0.032% | +0.0100% | 4h | $281.1M | $883.1M | 100x | as long as short |
| Perpl BTC | +0.032% | −0.0447% | 43m | $405K | $26.2M | 6.7x | as long as short |
| Lighter BTC | +0.034% | +0.0096% | 1h | $172.5M | $948.5M | 50x | as long as short |
| Pacifica BTC | +0.034% | +0.0100% | 1h | $36.8M | $416.1M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.034% | +0.0051% | 1h | $140.3M | $320.2M | 100x | as long as short |
| Bulk BTC-USD | +0.035% | +0.0008% | 1h | $563.6M | $127.9M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.035% | +0.0100% | 1h | $37.8M | $134.9M | 75x | as long as short |
| Orderly PERP_BTC_USDC | +0.036% | +0.0099% | 8h | $2.4M | $7.4M | 100x | as long as short |
| Lighter RH BTC | +0.037% | +0.0096% | 1h | $24.4M | $137.8M | 50x | as long as short |
| Derive BTC-PERP | +0.042% | +0.0100% | 1h | $30.4M | $58.9M | 15x | as long as short |
| Hibachi BTC/USDT-P | +0.044% | +0.0096% | 1h | $755K | $6.5M | 30x | as long as short |
| Polymarket Perps BTC-USD | +0.047% | +0.0100% | 1h | $11.0M | $12.1M | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.049% | +0.0016% | 1h | $87K | $155K | 20x | as long as short |
| Jupiter Perps WBTC-PERP | +0.054% | L +0.0104% / S +0.0048% | 1h | — | $83.9M | 500x | as long as short |
| Phoenix BTC | +0.055% | −0.0082% | 1h | $1.9M | $11.0M | 40x | as long as short |
| Bluefin BTC-PERP | +0.057% | +0.0100% | 1h | $144K | $411K | 40x | as long as short |
| 01 Exchange BTCUSD | +0.059% | −0.0048% | 1h | $311K | $2.4M | 50x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.061% | L +0.0172% / S −0.0153% | 1h | $12.7M | — | 200x | as long as short |
| Kraken Futures PF_XBTUSD | +0.062% | −0.0019% | 1h | $188.4M | $816.3M | 100x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.063% | L +0.0005% / S −0.0004% | 1h | $36.8M | — | 200x | as long as short |
| Paradex BTC-USD-PERP | +0.067% | +0.0098% | 8h | $4.4M | $6.9M | 50x | as long as short |
| RISEx BTC/USDC | +0.073% | +0.0031% | 1h | $9.1M | $38.7M | 25x | as long as short |
| dYdX BTC-USD | +0.075% | −0.0001% | 1h | $17.2M | $18.1M | 50x | as long as short |
| Kalshi KXBTCPERP | +0.076% | 0.0000% | 8h | $11.8M | $653.6M | 6.4x | as long as short |
| Vest BTC-PERP | +0.089% | +0.0100% | 1h | — | $11.5M | 50x | as long as short |
| Injective BTC/USDC PERP | +0.099% | −0.0006% | 1h | $309K | $27.0M | 52x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.103% | +0.0200% | 1h | $129.5M | $5.85B | 50x | as long as short |
| Deribit BTC-PERPETUAL | +0.115% | +0.0241% | 1h | $915.6M | $1.11B | 50x | as long as short |
| Hyperliquid BTC | +0.132% | +0.0192% | 1h | $3.97B | $4.48B | 40x | as long as short |
StandX BTC-USD
Aster BTCUSDT
HTX
BloFin
Bitget
SunX
Extended
Variational Omni
SoDEX
Binance
MEXC
Gate
BingX
KuCoin
OKX
Bybit
Bullet
Popdex
Katana Perps
Phemex
Lighter
Pacifica
ApeX Omni
Bulk
Backpack
Lighter RH
Derive
Polymarket Perps
Phoenix
Bluefin
GMX
Kraken Futures
gTrade (Gains Network)
Paradex
RISEx
Injective
Coinbase International
Deribit
Hyperliquid