After costs, if the gap returns to its 7d average, $10k−$642
spread now−0.168%7d average−0.038%fees + slippage, in and out−$629spread needed6.286%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IO_USDT | 0.1491 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $218K | $554K | 50x |
| Short | Bybit IOUSDT | 0.1488 | 0.0100 | get 0.0050% / 4h | 1h 16m | $1.1M | $933K | 25x |
Gate IO_USDT
Bybit 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
- −$16.77
- Funding while held
- $0
- Slippage, 4 orders
- −$602.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$645.33
- Spread needed to break even
- 6.286%
Slippage from Gate: live order book, 16 min ago; Bybit: live order book, 6 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 Gate live order book, 16 min ago | 3.36 bp | 236.8 bp −$237 | 16964.4 bp −$169.6K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.37 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
IO price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1342cheapest
Variational Omni0.1484+10.585%
Injective
Variational OmniBybit0.1488+10.902%
MEXC0.1490+11.028%KuCoin0.1490+11.028%
MEXC
KuCoinGate0.1491+11.088%
Bitget0.1491+11.103%BingX0.1491+11.103%BloFin0.1491+11.103%Kraken Futures0.1491+11.133%Hyperliquid0.1492+11.155%Aster0.1492+11.170%Extended0.1492+11.171%Binance0.1492+11.182%
Bitget
BingX
BloFin
Kraken Futures
Hyperliquid
Aster
Extended
BinanceIO on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −9.981% | −0.0256% | 1h | $2K | $31K | 5.5x | as long as short |
| Variational Omni IO | −0.453% | +0.0100% | 4h | $30K | $5K | — | as long as short |
| Bybit IOUSDTshort | −0.168% | +0.0100% | 4h | $1.1M | $933K | 25x | |
| MEXC IO_USDT | −0.054% | +0.0100% | 4h | $1.1M | $239K | 125x | as long as short |
| KuCoin IOUSDTM | −0.054% | +0.0100% | 4h | $416K | $640K | 50x | as long as short |
| Gate IO_USDTlong | 0.000% | +0.0100% | 4h | $218K | $554K | 50x | |
| Bitget IOUSDT | +0.013% | +0.0100% | 4h | $1.4M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.013% | +0.0100% | 4h | — | $1.3M | — | as long as short |
| BloFin IO-USDT | +0.013% | +0.0136% | 4h | $193K | $32K | 50x | as long as short |
| Kraken Futures PF_IOUSD | +0.040% | +0.0781% | 1h | $41K | $18K | 10x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid IO | +0.060% | +0.0100% | 1h | $994K | $404K | 3x | as long as short |
| Aster IOUSDT | +0.074% | +0.0100% | 4h | $6K | $32K | 5x | as long as short |
| Extended IO-USD | +0.075% | +0.0104% | 1h | $5K | $171K | 5x | as long as short |
| Binance IOUSDT | +0.085% | +0.0100% | 4h | $2.9M | $6.4M | 50x | as long as short |