data as of
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Price arb /

IO

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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$166
spread now+0.047%7d average−0.039%fees + slippage, in and out−$174spread needed1.743%
Long on BinanceShort on Extended
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IOUSDT0.14850.0100pay 0.0050% / 4h55m 44s$2.9M$6.4M50x
ShortExtended IO-USD0.14860.0104get 0.0013% / 1h55m 44s$5K$171K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$4.68
Funding while held
$0.12
Slippage, 4 orders
−$159.25
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$169.45
Spread needed to break even
1.743%
Slippage from Binance: live order book, 14 min ago; Extended: live order book, 9 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago3.36 bp23.5 bp −$23130.8 bp −$1,308doesn't fitdoesn't fit
Sell Extended live order book, 9 min ago6.71 bp64.0 bp −$64doesn't fitdoesn't fitdoesn't fit

IO price on every exchange

against the cheapest. Click to use as the short leg.
Bybit0.1484cheapestMEXC0.1484+0.013%Hyperliquid0.1484+0.047%KuCoin0.1485+0.081%
Binance0.1485+0.092%
Extended0.1486+0.139%
Gate0.1486+0.175%Kraken Futures0.1487+0.198%Aster0.1487+0.212%BingX0.1487+0.216%Bitget0.1488+0.283%Variational Omni0.1489+0.353%BloFin0.1491+0.485%Injective0.1493+0.620%

IO on 14 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit IOUSDT−0.092%+0.0100%4h$1.1M$932K25xas long as short
MEXC IO_USDT−0.078%+0.0100%4h$1.1M$235K125xas long as short
Hyperliquid IO−0.045%+0.0100%1h$989K$403K3xas long as short
KuCoin IOUSDTM−0.011%+0.0100%4h$415K$641K50xas long as short
Binance IOUSDTlong0.000%+0.0100%4h$2.9M$6.4M50x
Extended IO-USDshort+0.047%+0.0104%1h$5K$171K5x
Gate IO_USDT+0.083%+0.0100%4h$218K$554K50xas long as short
Kraken Futures PF_IOUSD+0.106%−0.0640%1h$39K$20K10xas long as short
Aster IOUSDT+0.119%+0.0100%4h$6K$32K5xas long as short
BingX IO-USDT+0.124%+0.0100%4h—$1.3M—as long as short
Show all 14 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget IOUSDT+0.191%+0.0100%4h$1.3M$1.2M50xas long as short
Variational Omni IO+0.261%+0.0100%4h$30K$5K—as long as short
BloFin IO-USDT+0.393%+0.0122%4h$193K$32K50xas long as short
Injective IO/USDC PERP+0.528%−0.5000%1h$2K$1005.5xas long as short