After costs, if the gap returns to its 7d average, $10k−$73
spread now+0.034%7d average−0.024%fees + slippage, in and out−$79spread needed0.788%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IO-USDT | 0.1491 | 0.0136 | pay 0.0068% / 4h | 1h 15m | $193K | $32K | 50x |
| Short | Binance IOUSDT | 0.1492 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.9M | $6.4M | 50x |
BloFin IO-USDT
Binance IOUSDTPrice 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
- $3.4
- Funding while held
- −$1.07
- Slippage, 4 orders
- −$56.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$76.44
- Spread needed to break even
- 0.788%
Slippage from BloFin: live order book, 11 min ago; Binance: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.07
- 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 BloFin live order book, 11 min ago | 10.06 bp | 18.2 bp −$18 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.36 bp | 25.4 bp −$25 | 106.5 bp −$1,065 | doesn't fit | doesn't fit |
IO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1342cheapest
MEXC0.1488+10.879%KuCoin0.1489+10.954%Bybit0.1490+11.028%Variational Omni0.1490+11.032%Gate0.1490+11.043%Hyperliquid0.1490+11.051%Aster0.1491+11.071%Bitget0.1491+11.103%BingX0.1491+11.103%
Injective
MEXC
KuCoin
Bybit
Variational Omni
Gate
Hyperliquid
Aster
Bitget
BingXBloFin0.1491+11.103%
Extended0.1491+11.130%Kraken Futures0.1491+11.133%
Extended
Kraken FuturesBinance0.1492+11.141%
IO on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −9.993% | −0.0256% | 1h | $2K | $31K | 5.5x | as long as short |
| MEXC IO_USDT | −0.201% | +0.0100% | 4h | $1.1M | $239K | 125x | as long as short |
| KuCoin IOUSDTM | −0.134% | +0.0100% | 4h | $416K | $640K | 50x | as long as short |
| Bybit IOUSDT | −0.067% | +0.0100% | 4h | $1.1M | $933K | 25x | as long as short |
| Variational Omni IO | −0.064% | +0.0100% | 4h | $30K | $5K | — | as long as short |
| Gate IO_USDT | −0.054% | +0.0100% | 4h | $218K | $555K | 50x | as long as short |
| Hyperliquid IO | −0.047% | +0.0100% | 1h | $993K | $404K | 3x | as long as short |
| Aster IOUSDT | −0.028% | +0.0100% | 4h | $6K | $32K | 5x | as long as short |
| Bitget IOUSDT | 0.000% | +0.0100% | 4h | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDT | 0.000% | +0.0100% | 4h | — | $1.3M | — | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin IO-USDTlong | 0.000% | +0.0136% | 4h | $193K | $32K | 50x | |
| Extended IO-USD | +0.024% | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| Kraken Futures PF_IOUSD | +0.027% | +0.0781% | 1h | $41K | $18K | 10x | as long as short |
| Binance IOUSDTshort | +0.034% | +0.0100% | 4h | $2.9M | $6.4M | 50x |