data as of
Settings8H · net · $10k
Price arb /

M

all M markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$311
spread now−0.073%7d average−0.036%fees + slippage, in and out−$307spread needed3.072%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUSDT1.46490.0392pay 0.0196% / 4h2h 42m$14K$119K5x
ShortBitget MUSDT1.46380.0100get 0.0050% / 4h2h 42m$1.9M$425K10x

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
−$7.32
Funding while held
−$8.76
Slippage, 4 orders
−$287.15
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$323.24
Spread needed to break even
3.072%
Slippage from Aster: live order book, 61 min ago; Bitget: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0292%
Per $10,000 a day
$8.76
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 Aster live order book, 61 min ago19.77 bp117.8 bp −$118doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago13.30 bp59.9 bp −$60doesn't fitdoesn't fitdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTM−0.824%+0.2186%4h$1.4M$4.1M10xas long as short
Gate M_USDT−0.251%+0.0100%8h$2.0M$998K10xas long as short
SunX M-USDT−0.189%+0.0100%4h$1K$498K20xas long as short
BingX M-USDT−0.142%+0.0562%4h$2.4Mas long as short
Bybit MUSDT−0.128%+0.0100%4h$4.6M$2.6M20xas long as short
Bitget MUSDTshort−0.073%+0.0100%4h$1.9M$425K10x
Aster MUSDTlong0.000%+0.0392%4h$14K$119K5x
MEXC M_USDT+0.009%+0.0588%4h$246K$119K50xas long as short
Binance MUSDT+0.011%+0.0589%4h$5.4M$5.2M10xas long as short
Orderly PERP_M_USDC+0.063%+0.0100%4h$2K$21910xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin M-USDT+0.166%+0.0620%4h$361K$452K10xas long as short
Variational Omni M+0.572%+0.0100%4h$90K$45Kas long as short