Spread before costs (cost unknown: a leg has no order-book sample)+0.224%
7d average—if it closes, per $10,000$22funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INIT_USDT | 0.08035 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $82K | $56K | 25x |
| Short | MEXC INIT_USDT | 0.08053 | 0.0100 | get 0.0050% / 4h | 1h 58m | $436K | $211K | 20x |
Gate INIT_USDT
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
- $22.4
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $3.4
- Spread needed to break even
- 0.190%
Slippage unknown: Gate: no order-book sample; MEXC: live order book, 24 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 24 min ago | 4.95 bp | 8.9 bp −$9 | 47.4 bp −$474 | 244.6 bp −$24.5K | doesn't fit |
Gate: 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.
INIT price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
BloFin
KuCoin
Hyperliquid
Bybit
Aster
Bitget
BingX
Binance
OKX
Kraken FuturesINIT on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni INIT | −0.152% | +0.0100% | 4h | $25K | $23K | — | as long as short |
| BloFin INIT-USDT | −0.012% | +0.0057% | 4h | $159K | $106K | 25x | as long as short |
| Gate INIT_USDTlong | 0.000% | +0.0100% | 8h | $82K | $56K | 25x | |
| KuCoin INITUSDTM | 0.000% | +0.0100% | 4h | $319K | $58K | 25x | as long as short |
| Hyperliquid INIT | +0.024% | +0.0100% | 1h | $290K | $242K | 3x | as long as short |
| Bybit INITUSDT | +0.100% | +0.0100% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Aster INITUSDT | +0.103% | +0.0100% | 4h | $27K | $36K | 5x | as long as short |
| Bitget INITUSDT | +0.174% | +0.0100% | 4h | $420K | $313K | 25x | as long as short |
| MEXC INIT_USDTshort | +0.224% | +0.0100% | 4h | $436K | $211K | 20x | |
| BingX INIT-USDT | +0.224% | +0.0100% | 4h | — | $6.6M | — | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance INITUSDT | +0.230% | +0.0100% | 4h | $3.3M | $3.7M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.236% | +0.0100% | 4h | $131K | $632K | 10x | as long as short |
| Kraken Futures PF_INITUSD | +0.274% | +0.0374% | 1h | $5K | $20K | 10x | as long as short |