After costs, if the gap returns to its 7d average, $10k−$194
spread now+0.011%7d average+0.017%fees + slippage, in and out−$194spread needed1.938%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.4842 | 0.0576 | pay 0.0288% / 4h | 1h 56m | $5.5M | $5.1M | 10x |
| Short | Bitget MUSDT | 1.4844 | 0.0100 | get 0.0050% / 4h | 1h 56m | $1.9M | $414K | 10x |
Price 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
- $1.12
- Funding while held
- −$14.27
- Slippage, 4 orders
- −$171.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$207
- Spread needed to break even
- 1.938%
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0476%
- Per $10,000 a day
- −$14.27
- 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, 13 min ago | 0.34 bp | 37.4 bp −$37 | 378.9 bp −$3,789 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 15.83 bp | 55.3 bp −$55 | 369.5 bp −$3,695 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MUSDTM | −1.046% | +0.1594% | 4h | $1.4M | $4.2M | 10x | as long as short |
| Variational Omni M | −0.208% | +0.0100% | 4h | $91K | $43K | — | as long as short |
| Gate M_USDT | −0.198% | +0.0100% | 8h | $2.0M | $938K | 10x | as long as short |
| Bybit MUSDT | −0.171% | +0.0100% | 4h | $4.7M | $2.7M | 20x | as long as short |
| BingX M-USDT | −0.097% | +0.0536% | 4h | — | $2.4M | — | as long as short |
| SunX M-USDT | −0.070% | +0.0100% | 4h | $2K | $513K | 20x | as long as short |
| Aster MUSDT | −0.006% | +0.0396% | 4h | $16K | $121K | 5x | as long as short |
| MEXC M_USDT | −0.002% | +0.0570% | 4h | $248K | $114K | 50x | as long as short |
| Binance MUSDTlong | 0.000% | +0.0576% | 4h | $5.5M | $5.1M | 10x | |
| Orderly PERP_M_USDC | +0.004% | +0.0100% | 4h | $2K | $219 | 10x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget MUSDTshort | +0.011% | +0.0100% | 4h | $1.9M | $414K | 10x | |
| BloFin M-USDT | +0.132% | +0.0517% | 4h | $360K | $449K | 10x | as long as short |
Binance MUSDT
Bitget MUSDT
KuCoin
Variational Omni
Gate
Bybit
BingX
SunX
Aster
MEXC
BloFin