After costs, if the gap returns to its 7d average, $10k−$112
spread now−0.075%7d average−0.077%fees + slippage, in and out−$113spread needed1.127%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CP-USDT-SWAP | 0.01335 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $3.6M | $10.4M | 20x |
| Short | Bybit CPUSDT | 0.01334 | 0.0100 | get 0.0050% / 4h | 1h 08m | $1.4M | $2.1M | 20x |
OKX CP-USDT-SWAP
Bybit CPUSDTPrice 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
- −$7.49
- Funding while held
- $0
- Slippage, 4 orders
- −$91.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$120.17
- Spread needed to break even
- 1.127%
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, just now.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 OKX live order book, 2 min ago | 3.75 bp | 8.8 bp −$9 | 88.2 bp −$882 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 7.49 bp | 53.1 bp −$53 | 446.9 bp −$4,469 | doesn't fit | doesn't fit |
CP price on every exchange
against the cheapest. Click to use as the short leg.Gate0.01332cheapestBloFin0.01332cheapestBitget0.01333+0.113%
Gate
BloFin
BitgetBybit0.01334+0.150%
MEXC0.01334+0.150%BingX0.01334+0.150%
MEXC
BingXOKX0.01335+0.225%
KuCoin0.01337+0.375%
KuCoinCP on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate CP_USDT | −0.225% | +0.0100% | 4h | $552K | $496K | 20x | as long as short |
| BloFin CP-USDT | −0.225% | +0.0142% | 4h | $414 | $35K | 20x | as long as short |
| Bitget CPUSDT | −0.112% | +0.0100% | 4h | $767K | $1.5M | 20x | as long as short |
| Bybit CPUSDTshort | −0.075% | +0.0100% | 4h | $1.4M | $2.1M | 20x | |
| MEXC CP_USDT | −0.075% | +0.0100% | 4h | $1.4M | $374K | 20x | as long as short |
| BingX CP-USDT | −0.075% | +0.0070% | 4h | — | $1.0M | — | as long as short |
| OKX CP-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $3.6M | $10.4M | 20x | |
| KuCoin CPUSDTM | +0.150% | +0.0100% | 4h | $202K | $1.0M | 20x | as long as short |