Spread before costs (cost unknown: a leg has no order-book sample)+0.072%
7d average—if it closes, per $10,000$7funding while held, a day+$15.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03697 | 0.0100 | pay 0.0050% / 4h | 1m 37s | $2.4M | $3.4M | 50x |
| Short | Kraken Futures PF_IDUSD | 0.03700 | 0.0627 | get 0.0078% / 1h | 1m 37s | $4K | $3K | 10x |
Binance IDUSDT
Kraken Futures PF_IDUSDPrice 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
- $7.21
- Funding while held
- $15.81
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $3.03
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 6 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0527%
- Per $10,000 a day
- +$15.81
- 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, 6 min ago | 1.35 bp | 18.0 bp −$18 | 85.3 bp −$853 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ID price on every exchange
against the cheapest. Click to use as the short leg.Gate0.03696cheapestKuCoin0.03696cheapest
Gate
KuCoinBinance0.03697+0.027%
MEXC0.03697+0.027%Aster0.03697+0.027%Bybit0.03698+0.054%
MEXC
Aster
BybitKraken Futures0.03700+0.099%
BloFin0.03700+0.108%Bitget0.03701+0.135%BingX0.03701+0.135%Variational Omni0.03712+0.428%
BloFin
Bitget
BingX
Variational OmniID on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ID_USDT | −0.027% | +0.0100% | 4h | $265K | $210K | 25x | as long as short |
| KuCoin IDUSDTM | −0.027% | +0.0100% | 4h | $1.0M | $63K | 30x | as long as short |
| Binance IDUSDTlong | 0.000% | +0.0100% | 4h | $2.4M | $3.4M | 50x | |
| MEXC ID_USDT | 0.000% | +0.0100% | 4h | $355K | $135K | 20x | as long as short |
| Aster IDUSDT | 0.000% | +0.0100% | 4h | $9K | $2K | 5x | as long as short |
| Bybit IDUSDT | +0.027% | +0.0110% | 8h | $1.3M | $987K | 25x | as long as short |
| Kraken Futures PF_IDUSDshort | +0.072% | +0.0627% | 1h | $4K | $3K | 10x | |
| BloFin ID-USDT | +0.081% | +0.0148% | 4h | $173K | $11K | 50x | as long as short |
| Bitget IDUSDT | +0.108% | +0.0100% | 4h | $755K | $558K | 50x | as long as short |
| BingX ID-USDT | +0.108% | +0.0116% | 4h | — | $2.3M | — | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ID | +0.401% | +0.0100% | 8h | $12K | $20K | — | as long as short |