Spread before costs (cost unknown: a leg has no order-book sample)−0.053%
7d average—if it closes, per $10,000$5funding while held, a day+$0.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster IOUSDT | 0.1492 | 0.0100 | pay 0.0050% / 4h | 1h 08m | $6K | $32K | 5x |
| Short | BloFin IO-USDT | 0.1491 | 0.0121 | get 0.0060% / 4h | 1h 08m | $194K | $32K | 50x |
Aster IOUSDT
BloFin IO-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
- −$5.31
- Funding while held
- $0.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.7
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 18 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0021%
- Per $10,000 a day
- +$0.62
- 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 Aster no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 18 min ago | 10.06 bp | 16.1 bp −$16 | 54.8 bp −$548 | 505.5 bp −$50.6K | doesn't fit |
Aster: 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.
IO price on every exchange
against the cheapest. Click to use as the short leg.
Variational Omni
MEXC
Bybit
KuCoin
Gate
Extended
Hyperliquid
Bitget
BingX
Binance
Kraken Futures
InjectiveIO on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni IO | −0.385% | +0.0100% | 4h | $30K | $5K | — | as long as short |
| MEXC IO_USDT | −0.120% | +0.0100% | 4h | $1.1M | $240K | 125x | as long as short |
| Bybit IOUSDT | −0.093% | +0.0100% | 4h | $1.1M | $933K | 25x | as long as short |
| KuCoin IOUSDTM | −0.053% | +0.0100% | 4h | $416K | $640K | 50x | as long as short |
| BloFin IO-USDTshort | −0.053% | +0.0121% | 4h | $194K | $32K | 50x | |
| Gate IO_USDT | −0.006% | +0.0100% | 4h | $218K | $555K | 50x | as long as short |
| Aster IOUSDTlong | 0.000% | +0.0100% | 4h | $6K | $32K | 5x | |
| Extended IO-USD | +0.009% | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| Hyperliquid IO | +0.014% | +0.0100% | 1h | $994K | $403K | 3x | as long as short |
| Bitget IOUSDT | +0.014% | +0.0100% | 4h | $1.4M | $1.2M | 50x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX IO-USDT | +0.014% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| Binance IOUSDT | +0.019% | +0.0100% | 4h | $2.9M | $6.4M | 50x | as long as short |
| Kraken Futures PF_IOUSD | +0.061% | +0.0780% | 1h | $41K | $18K | 10x | as long as short |
| Injective IO/USDC PERP | +0.081% | −0.0256% | 1h | $2K | $31K | 5.5x | as long as short |