After costs, if the gap returns to its 7d average, $10k−$307
spread now−0.486%7d average+0.072%fees + slippage, in and out−$251spread needed2.510%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack EDGE_USDC_PERP | 0.6072 | 0.0100 | pay 0.0013% / 1h | 42m 22s | $60K | $111K | 3.3x |
| Short | Bybit EDGEUSDT | 0.6043 | 0.0100 | get 0.0050% / 4h | 2h 42m | $7.1M | $3.1M | 25x |
Backpack EDGE_USDC_PERP
Bybit EDGEUSDTPrice 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
- −$48.58
- Funding while held
- $0
- Slippage, 4 orders
- −$229.95
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$299.53
- Spread needed to break even
- 2.510%
Slippage from Backpack: live order book, 13 min ago; Bybit: live order book, 2 min ago.
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 Backpack live order book, 13 min ago | 4.91 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.12 bp | 104.7 bp −$105 | 339.5 bp −$3,395 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.5997cheapestedgeX0.6026+0.488%MEXC0.6041+0.739%Binance0.6043+0.766%
Variational Omni
MEXC
BinanceBybit0.6043+0.772%
Bitget0.6046+0.822%KuCoin0.6050+0.889%Orderly0.6050+0.889%Lighter0.6051+0.902%Extended0.6051+0.905%Aster0.6052+0.924%OKX0.6056+0.989%ApeX Omni0.6067+1.172%
Bitget
KuCoin
Orderly
Lighter
Extended
Aster
OKX
ApeX OmniBackpack0.6072+1.264%
BloFin0.6076+1.322%SunX0.6331+5.575%
BloFin
SunXEDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni EDGE | −1.248% | +0.0100% | 4h | $200K | $87K | — | as long as short |
| edgeX EDGEUSDC | −0.766% | +0.0418% | 4h | $14.4M | $3.4M | 30x | as long as short |
| MEXC EDGE_USDT | −0.519% | +0.0660% | 4h | $1.3M | $890K | 50x | as long as short |
| Binance EDGEUSDT | −0.492% | +0.0660% | 4h | $10.3M | $9.5M | 50x | as long as short |
| Bybit EDGEUSDTshort | −0.486% | +0.0100% | 4h | $7.1M | $3.1M | 25x | |
| Bitget EDGEUSDT | −0.436% | +0.0100% | 4h | $4.8M | $920K | 20x | as long as short |
| KuCoin EDGEUSDTM | −0.371% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | −0.371% | +0.0772% | 4h | $3K | — | 10x | as long as short |
| Lighter EDGE | −0.357% | +0.0096% | 1h | $56K | $9K | 3x | as long as short |
| Extended EDGE-USD | −0.354% | +0.0664% | 1h | $27K | $230K | 5x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | −0.335% | +0.0777% | 4h | $78K | $132K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | −0.272% | +0.0461% | 4h | $3.7M | $5.6M | 20x | as long as short |
| ApeX Omni EDGEUSDT | −0.091% | +0.0100% | 1h | $2K | $289K | 50x | as long as short |
| Backpack EDGE_USDC_PERPlong | 0.000% | +0.0100% | 1h | $60K | $111K | 3.3x | |
| BloFin EDGE-USDT | +0.058% | +0.0647% | 4h | $667K | $126K | 50x | as long as short |
| SunX EDGE-USDT | +4.257% | +0.0100% | 4h | $4K | $565K | 10x | as long as short |