Spread before costs (cost unknown: a leg has no order-book sample)−0.204%
7d average—if it closes, per $10,000$20funding while held, a day−$15.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03695 | 0.0624 | pay 0.0078% / 1h | 25m 48s | $4K | $2K | 10x |
| Short | Binance IDUSDT | 0.03688 | 0.0100 | get 0.0050% / 4h | 1h 25m | $2.4M | $3.4M | 50x |
Kraken Futures PF_IDUSD
Binance IDUSDTPrice 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
- −$20.38
- Funding while held
- −$15.72
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.1
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0524%
- Per $10,000 a day
- −$15.72
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 1.35 bp | 24.6 bp −$25 | 80.7 bp −$807 | doesn't fit | doesn't fit |
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.Binance0.03688cheapest
MEXC0.03688+0.003%Bybit0.03689+0.030%BloFin0.03691+0.084%Gate0.03692+0.111%Variational Omni0.03693+0.143%KuCoin0.03695+0.193%
MEXC
Bybit
BloFin
Gate
Variational Omni
KuCoinKraken Futures0.03695+0.204%
Bitget0.03696+0.220%Aster0.03696+0.223%BingX0.03697+0.247%
Bitget
Aster
BingXID on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance IDUSDTshort | −0.204% | +0.0100% | 4h | $2.4M | $3.4M | 50x | |
| MEXC ID_USDT | −0.201% | +0.0100% | 4h | $345K | $130K | 20x | as long as short |
| Bybit IDUSDT | −0.174% | +0.0100% | 8h | $1.3M | $1.0M | 25x | as long as short |
| BloFin ID-USDT | −0.120% | +0.0141% | 4h | $167K | $11K | 50x | as long as short |
| Gate ID_USDT | −0.093% | +0.0486% | 4h | $266K | $216K | 25x | as long as short |
| Variational Omni ID | −0.061% | +0.0100% | 8h | $12K | $20K | — | as long as short |
| KuCoin IDUSDTM | −0.011% | +0.0100% | 4h | $1.0M | $62K | 30x | as long as short |
| Kraken Futures PF_IDUSDlong | 0.000% | +0.0624% | 1h | $4K | $2K | 10x | |
| Bitget IDUSDT | +0.016% | +0.0100% | 4h | $759K | $583K | 50x | as long as short |
| Aster IDUSDT | +0.019% | +0.0100% | 4h | $9K | $2K | 5x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ID-USDT | +0.043% | +0.0100% | 4h | — | $2.3M | — | as long as short |