After costs, if the gap returns to its 7d average, $10k−$95
spread now+0.014%7d average−0.006%fees + slippage, in and out−$97spread needed0.973%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOUSDT | 0.1491 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $2.9M | $6.5M | 50x |
| Short | BingX IO-USDT | 0.1491 | 0.0100 | get 0.0050% / 4h | 1h 37m | — | $1.3M | — |
Binance IOUSDT
BingX 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
- $1.43
- Funding while held
- $0
- Slippage, 4 orders
- −$77.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$95.91
- Spread needed to break even
- 0.973%
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 15 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, 3 min ago | 3.35 bp | 22.3 bp −$22 | 134.5 bp −$1,345 | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 6.71 bp | 27.3 bp −$27 | 72.5 bp −$725 | 472.4 bp −$47.2K | 598.6 bp −$299.3K |
IO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1336cheapest
MEXC0.1488+11.377%Bybit0.1489+11.452%KuCoin0.1489+11.452%Gate0.1490+11.497%Variational Omni0.1490+11.532%Hyperliquid0.1491+11.572%Extended0.1491+11.575%
Injective
MEXC
Bybit
KuCoin
Gate
Variational Omni
Hyperliquid
ExtendedBinance0.1491+11.586%
Aster0.1491+11.598%
AsterBingX0.1491+11.602%
Bitget0.1492+11.677%BloFin0.1493+11.751%Kraken Futures0.1493+11.770%
Bitget
BloFin
Kraken FuturesIO on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −10.383% | −0.0256% | 1h | $2K | $31K | 5.5x | as long as short |
| MEXC IO_USDT | −0.187% | +0.0100% | 4h | $1.1M | $237K | 125x | as long as short |
| Bybit IOUSDT | −0.120% | +0.0100% | 4h | $1.1M | $931K | 25x | as long as short |
| KuCoin IOUSDTM | −0.120% | +0.0100% | 4h | $416K | $656K | 50x | as long as short |
| Gate IO_USDT | −0.080% | +0.0100% | 4h | $218K | $554K | 50x | as long as short |
| Variational Omni IO | −0.048% | +0.0100% | 4h | $30K | $5K | — | as long as short |
| Hyperliquid IO | −0.012% | +0.0100% | 1h | $993K | $403K | 3x | as long as short |
| Extended IO-USD | −0.009% | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| Binance IOUSDTlong | 0.000% | +0.0100% | 4h | $2.9M | $6.5M | 50x | |
| Aster IOUSDT | +0.011% | +0.0100% | 4h | $6K | $32K | 5x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX IO-USDTshort | +0.014% | +0.0100% | 4h | — | $1.3M | — | |
| Bitget IOUSDT | +0.081% | +0.0100% | 4h | $1.4M | $1.2M | 50x | as long as short |
| BloFin IO-USDT | +0.149% | +0.0121% | 4h | $193K | $32K | 50x | as long as short |
| Kraken Futures PF_IOUSD | +0.165% | +0.0780% | 1h | $41K | $18K | 10x | as long as short |