After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.104%7d average−0.012%fees + slippage, in and out−$68spread needed0.682%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INITUSDT | 0.08243 | 0.0100 | pay 0.0050% / 4h | 3h 28m | $3.4M | $3.7M | 25x |
| Short | MEXC INIT_USDT | 0.08234 | 0.0100 | get 0.0050% / 4h | 3h 28m | $500K | $201K | 20x |
Binance INITUSDT
MEXC INIT_USDTPrice 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
- −$10.43
- Funding while held
- $0
- Slippage, 4 orders
- −$54.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$78.66
- Spread needed to break even
- 0.682%
Slippage from Binance: live order book, 9 min ago; MEXC: live order book, 63 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 Binance live order book, 9 min ago | 2.42 bp | 30.4 bp −$30 | 93.6 bp −$936 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 63 min ago | 3.06 bp | 7.5 bp −$7 | 49.3 bp −$493 | 233.2 bp −$23.3K | doesn't fit |
INIT price on every exchange
against the cheapest. Click to use as the short leg.
Bybit
BloFin
Bitget
BingX
Kraken Futures
Gate
Hyperliquid
Aster
OKX
KuCoin
Variational OmniINIT on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit INITUSDT | −0.177% | +0.0100% | 4h | $1.4M | $1.4M | 25x | as long as short |
| BloFin INIT-USDT | −0.141% | +0.0075% | 4h | $162K | $108K | 25x | as long as short |
| MEXC INIT_USDTshort | −0.104% | +0.0100% | 4h | $500K | $201K | 20x | |
| Bitget INITUSDT | −0.080% | +0.0100% | 4h | $432K | $319K | 25x | as long as short |
| BingX INIT-USDT | −0.080% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Kraken Futures PF_INITUSD | −0.065% | −0.0485% | 1h | $6K | $20K | 10x | as long as short |
| Gate INIT_USDT | −0.056% | +0.0100% | 8h | $84K | $57K | 25x | as long as short |
| Hyperliquid INIT | −0.028% | +0.0100% | 1h | $305K | $238K | 3x | as long as short |
| Aster INITUSDT | −0.018% | +0.0100% | 4h | $27K | $36K | 5x | as long as short |
| OKX INIT-USDT-SWAP | −0.007% | +0.0100% | 4h | $135K | $655K | 10x | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance INITUSDTlong | 0.000% | +0.0100% | 4h | $3.4M | $3.7M | 25x | |
| KuCoin INITUSDTM | +0.090% | +0.0100% | 4h | $332K | $59K | 25x | as long as short |
| Variational Omni INIT | +0.587% | +0.0100% | 4h | $27K | $22K | — | as long as short |