After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.053%7d average+0.035%fees + slippage, in and out−$81spread needed0.814%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FUSDT | 0.003745 | −0.0064 | get 0.0032% / 4h | 2h 40m | $4.1M | $10.0M | 50x |
| Short | Bybit FUSDT | 0.003743 | 0.0100 | get 0.0050% / 4h | 2h 40m | $2.5M | $3.7M | 25x |
Binance FUSDT
Bybit FUSDTPrice 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
- −$5.34
- Funding while held
- $4.92
- Slippage, 4 orders
- −$60.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.79
- Spread needed to break even
- 0.814%
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0164%
- Per $10,000 a day
- +$4.92
- 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 Binance live order book, 1 min ago | 1.34 bp | 14.7 bp −$15 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.66 bp | 23.5 bp −$23 | 131.9 bp −$1,319 | doesn't fit | doesn't fit |
F price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.003743cheapest
Aster0.003743+0.012%Bitget0.003744+0.027%BingX0.003744+0.027%
Aster
Bitget
BingXBinance0.003745+0.053%
MEXC0.003745+0.053%OKX0.003746+0.080%Variational Omni0.003748+0.126%Gate0.003749+0.160%KuCoin0.003749+0.160%
MEXC
OKX
Variational Omni
Gate
KuCoinF on 10 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit FUSDTshort | −0.053% | +0.0100% | 4h | $2.5M | $3.7M | 25x | |
| Aster FUSDT | −0.042% | −0.0256% | 4h | $11K | $30K | 5x | as long as short |
| Bitget FUSDT | −0.027% | −0.0062% | 4h | $545K | $1.1M | 50x | as long as short |
| BingX F-USDT | −0.027% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Binance FUSDTlong | 0.000% | −0.0064% | 4h | $4.1M | $10.0M | 50x | |
| MEXC F_USDT | 0.000% | −0.0064% | 4h | $725K | $283K | 50x | as long as short |
| OKX F-USDT-SWAP | +0.027% | +0.0099% | 4h | $764K | $2.6M | 20x | as long as short |
| Variational Omni F | +0.073% | −0.0026% | 4h | $644 | $3K | — | as long as short |
| Gate F_USDT | +0.107% | −0.0305% | 8h | $235K | $2.0M | 25x | as long as short |
| KuCoin FUSDTM | +0.107% | +0.0100% | 4h | $833K | $1.3M | 30x | as long as short |