Spread before costs (cost unknown: a leg has no order-book sample)+0.166%
7d average—if it closes, per $10,000$17funding while held, a day+$16.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ID-USDT | 0.03693 | 0.0062 | pay 0.0031% / 4h | 1h 09m | $166K | $11K | 50x |
| Short | Kraken Futures PF_IDUSD | 0.03699 | 0.0623 | get 0.0078% / 1h | 9m 11s | $4K | $2K | 10x |
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
- $16.62
- Funding while held
- $16.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $11.46
- Spread needed to break even
- 0.220%
Slippage unknown: BloFin: live order book, 14 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0561%
- Per $10,000 a day
- +$16.84
- 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 BloFin live order book, 14 min ago | 1.35 bp | 16.0 bp −$16 | 35.5 bp −$355 | 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.ID on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ID | −0.051% | +0.0100% | 8h | $12K | $20K | — | as long as short |
| Aster IDUSDT | −0.050% | +0.0100% | 4h | $9K | $2K | 5x | as long as short |
| KuCoin IDUSDTM | −0.027% | +0.0100% | 4h | $1.0M | $63K | 30x | as long as short |
| BingX ID-USDT | 0.000% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| BloFin ID-USDTlong | 0.000% | +0.0062% | 4h | $166K | $11K | 50x | |
| Bybit IDUSDT | +0.027% | +0.0100% | 8h | $1.3M | $1.0M | 25x | as long as short |
| Gate ID_USDT | +0.027% | +0.0592% | 4h | $266K | $216K | 25x | as long as short |
| MEXC ID_USDT | +0.081% | +0.0100% | 4h | $346K | $131K | 20x | as long as short |
| Binance IDUSDT | +0.103% | +0.0100% | 4h | $2.4M | $3.4M | 50x | as long as short |
| Kraken Futures PF_IDUSDshort | +0.166% | +0.0623% | 1h | $4K | $2K | 10x |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget IDUSDT | +0.190% | +0.0100% | 4h | $758K | $582K | 50x | as long as short |
BloFin ID-USDT
Kraken Futures PF_IDUSD
Variational Omni
Aster
KuCoin
BingX
Bybit
Gate
MEXC
Binance
Bitget