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

M

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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−$194
spread now−0.088%7d average−0.054%fees + slippage, in and out−$191spread needed1.906%
Long on BinanceShort on Bybit
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUSDT1.48200.0562pay 0.0281% / 4h2h 38m$5.5M$5.2M10x
ShortBybit MUSDT1.48070.0100get 0.0050% / 4h2h 38m$4.7M$2.7M20x

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
−$8.77
Funding while held
−$13.85
Slippage, 4 orders
−$169.63
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$213.25
Spread needed to break even
1.906%
Slippage from Binance: live order book, 1 min ago; Bybit: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0462%
Per $10,000 a day
−$13.85
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, 1 min ago2.70 bp54.6 bp −$55376.3 bp −$3,763doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.06 bp40.2 bp −$40269.1 bp −$2,691doesn't fitdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni1.4629cheapestKuCoin1.4662+0.226%Gate1.4789+1.092%Aster1.4795+1.136%
Bybit1.4807+1.215%
SunX1.4807+1.215%BingX1.4809+1.228%Bitget1.4814+1.263%
Binance1.4820+1.304%
Orderly1.4820+1.304%MEXC1.4827+1.351%BloFin1.4846+1.481%

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni M−1.287%+0.0100%4h$90K$45K—as long as short
KuCoin MUSDTM−1.064%+0.2128%4h$1.4M$4.1M10xas long as short
Gate M_USDT−0.209%+0.0100%8h$2.0M$1.0M10xas long as short
Aster MUSDT−0.166%+0.0372%4h$15K$121K5xas long as short
Bybit MUSDTshort−0.088%+0.0100%4h$4.7M$2.7M20x
SunX M-USDT−0.088%+0.0100%4h$2K$500K20xas long as short
BingX M-USDT−0.074%+0.0562%4h—$2.4M—as long as short
Bitget MUSDT−0.040%+0.0100%4h$1.9M$427K10xas long as short
Binance MUSDTlong0.000%+0.0562%4h$5.5M$5.2M10x
Orderly PERP_M_USDC0.000%+0.0100%4h$2K$21910xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC M_USDT+0.047%+0.0572%4h$249K$119K50xas long as short
BloFin M-USDT+0.175%+0.0568%4h$364K$459K10xas long as short