After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.045%7d average+0.024%fees + slippage, in and out−$21spread needed0.214%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BTC-USDT | 85,894.8 | 0.0100 | pay 0.0100% / 8h | 7h 59m | $3.3M | $6.1M | 100x |
| Short | Kraken Futures PF_XBTUSD | 85,933.5 | −0.0040 | pay 0.0005% / 1h | 59m 16s | $186.6M | $822.6M | 100x |
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
- $4.51
- Funding while held
- −$4.21
- Slippage, 4 orders
- −$1.39
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$21.09
- Spread needed to break even
- 0.214%
Slippage from SunX: live order book, 6 min ago; Kraken Futures: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0140%
- Per $10,000 a day
- −$4.21
- 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 SunX live order book, 6 min ago | 0.45 bp | 5.4 bp −$5 | 5.9 bp −$59 | 7.7 bp −$767 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 0.06 bp | 5.4 bp −$5 | 6.4 bp −$64 | 8.3 bp −$833 | 10.3 bp −$5,139 |
BTC price on every exchange
against the cheapest. Click to use as the short leg.BTC on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX BTC-USDT | −0.041% | −0.0004% | 8h | — | $1.41B | — | as long as short |
| Arcus BTC-USD | −0.032% | +0.0100% | 1h | $6.1M | $85.5M | 40x | as long as short |
| Bitget BTCUSDT | −0.028% | −0.0004% | 8h | $2.96B | $4.70B | 150x | as long as short |
| Paradex BTC-USD-PERP | −0.016% | +0.0091% | 8h | $4.4M | $6.7M | 50x | as long as short |
| Aevo BTC-PERP | −0.015% | +0.0056% | 1h | $2.4M | $1.5M | 20x | as long as short |
| BloFin BTC-USDT | −0.014% | −0.0065% | 8h | $429.8M | $568.5M | 150x | as long as short |
| Popdex BTCUSDT | −0.014% | −0.0032% | 1h | $8.5M | $45.8M | 100x | as long as short |
| Nado BTC-PERP | −0.013% | +0.0100% | 1h | $23.8M | $230.2M | 50x | as long as short |
| Extended BTC-USD | −0.010% | +0.0104% | 1h | $48.9M | $209.6M | 50x | as long as short |
| SoDEX BTC-USD | −0.008% | −0.0046% | 1h | $60.9M | $283.6M | 40x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| StandX BTC-USD | −0.007% | +0.0100% | 1h | $30.6M | $230.3M | 40x | as long as short |
| Derive BTC-PERP | −0.005% | +0.0100% | 1h | $30.3M | $59.2M | 15x | as long as short |
| Aster BTCUSDT | −0.005% | +0.0037% | 8h | $487.6M | $1.13B | 200x | as long as short |
| MEXC BTC_USDT | −0.004% | +0.0055% | 8h | $5.09B | $5.12B | 500x | as long as short |
| ApeX Omni BTCUSDT | −0.002% | −0.0115% | 1h | $139.3M | $318.2M | 100x | as long as short |
| SunX BTC-USDTlong | 0.000% | +0.0100% | 8h | $3.3M | $6.1M | 100x | |
| Reya BTCRUSDPERP | 0.000% | −0.0020% | 1h | $6.7M | $137.9M | 40x | as long as short |
| Phemex BTCUSDT | +0.001% | −0.0022% | 8h | $153.0M | $410.0M | 150x | as long as short |
| HTX BTC-USDT | +0.001% | +0.0084% | 8h | $2.29B | $851.5M | 200x | as long as short |
| Gate BTC_USDT | +0.001% | −0.0019% | 8h | $6.12B | $9.25B | 200x | as long as short |
| Bybit BTCUSDT | +0.002% | +0.0100% | 8h | $5.20B | $8.59B | 150x | as long as short |
| KuCoin XBTUSDTM | +0.002% | +0.0022% | 8h | $790.4M | $617.2M | 125x | as long as short |
| Binance BTCUSDT | +0.002% | +0.0055% | 8h | $9.50B | $22.04B | 150x | as long as short |
| edgeX BTCUSDC | +0.003% | +0.0100% | 4h | $278.4M | $884.5M | 100x | as long as short |
| Hotstuff BTC-PERP | +0.004% | −0.0080% | 1h | $9K | $4K | 50x | as long as short |
| Orderly PERP_BTC_USDC | +0.005% | +0.0100% | 8h | $2.4M | $7.3M | 100x | as long as short |
| Pacifica BTC | +0.010% | +0.0100% | 1h | $37.0M | $362.8M | 50x | as long as short |
| Perpl BTC | +0.010% | −0.0112% | 43m | $406K | $29.3M | 6.7x | as long as short |
| Phoenix BTC | +0.011% | −0.0086% | 1h | $1.8M | $10.7M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.012% | +0.0100% | 1h | $38.6M | $109.9M | 75x | as long as short |
| OKX BTC-USDT-SWAP | +0.012% | +0.0020% | 8h | $2.66B | $11.69B | 100x | as long as short |
| Bullet BTC-USD | +0.013% | +0.0091% | 1h | $243K | $3.3M | 20x | as long as short |
| Lighter BTC | +0.017% | +0.0096% | 1h | $172.9M | $897.1M | 50x | as long as short |
| 01 Exchange BTCUSD | +0.017% | −0.0056% | 1h | $287K | $2.4M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.018% | +0.0100% | 1h | $11.0M | $11.7M | 50x | as long as short |
| Variational Omni BTC | +0.020% | +0.0098% | 8h | $172.1M | $512.2M | — | as long as short |
| Lighter RH BTC | +0.023% | +0.0096% | 1h | $24.9M | $132.4M | 50x | as long as short |
| Ondo Perps BTC-USD.P | +0.037% | +0.0100% | 1h | $3.9M | $16.3M | 25x | as long as short |
| RISEx BTC/USDC | +0.039% | +0.0132% | 1h | $8.7M | $38.7M | 25x | as long as short |
| Jupiter Perps WBTC-PERP | +0.042% | L +0.0104% / S +0.0048% | 1h | — | $89.7M | 500x | as long as short |
| gTrade (Gains Network) BTC/USD | +0.043% | L +0.0005% / S −0.0004% | 1h | $36.8M | — | 200x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | +0.044% | L +0.0198% / S −0.0175% | 1h | $12.5M | — | 200x | as long as short |
| Kraken Futures PF_XBTUSDshort | +0.045% | −0.0040% | 1h | $186.6M | $822.6M | 100x | |
| Bluefin BTC-PERP | +0.047% | +0.0100% | 1h | $143K | $408K | 40x | as long as short |
| Kalshi KXBTCPERP | +0.058% | 0.0000% | 8h | $12.9M | $585.4M | 6.4x | as long as short |
| Vest BTC-PERP | +0.064% | +0.0100% | 1h | — | $11.9M | 50x | as long as short |
| Injective BTC/USDC PERP | +0.065% | −0.0137% | 1h | $308K | $27.0M | 52x | as long as short |
| dYdX BTC-USD | +0.066% | 0.0000% | 1h | $17.3M | $17.5M | 50x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.077% | +0.0112% | 1h | $151.8M | $6.23B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.082% | +0.0216% | 1h | $705K | $7.4M | 30x | as long as short |
| Deribit BTC-PERPETUAL | +0.082% | +0.0118% | 1h | $910.6M | $1.12B | 50x | as long as short |
| Bulk BTC-USD | +0.095% | +0.0100% | 1h | $558.9M | $144.9M | 40x | as long as short |
| Hyperliquid BTC | +0.104% | +0.0182% | 1h | $3.91B | $4.51B | 40x | as long as short |
| Aftermath Perps BTCUSD | +0.105% | +0.0022% | 1h | $86K | $154K | 20x | as long as short |
SunX BTC-USDT
Kraken Futures PF_XBTUSD
BingX
Bitget
Paradex
BloFin
Popdex
Extended
SoDEX
StandX
Derive
Aster
MEXC
ApeX Omni
Phemex
HTX
Gate
Bybit
KuCoin
Binance
Pacifica
Phoenix
Backpack
OKX
Bullet
Lighter
Polymarket Perps
Variational Omni
Lighter RH
RISEx
gTrade (Gains Network)
GMX
Bluefin
Injective
Coinbase International
Deribit
Bulk
Hyperliquid