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−$260
spread now−0.330%7d average−0.106%fees + slippage, in and out−$237spread needed2.374%
Long on BinanceShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUSDT1.48330.0570pay 0.0285% / 4h2h 37m$5.5M$5.2M10x
ShortGate M_USDT1.47840.0100get 0.0100% / 8h6h 37m$2.0M$1.0M10x

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
−$33.03
Funding while held
−$14.09
Slippage, 4 orders
−$212.41
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$284.54
Spread needed to break even
2.374%
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0470%
Per $10,000 a day
−$14.09
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, 2 min ago2.70 bp54.6 bp −$55376.3 bp −$3,763doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago22.63 bp65.9 bp −$66doesn't fitdoesn't fitdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni1.4629cheapestKuCoin1.4673+0.301%Aster1.4781+1.039%
Gate1.4784+1.057%
Bybit1.4794+1.126%SunX1.4807+1.215%BingX1.4812+1.249%Orderly1.4820+1.304%MEXC1.4821+1.310%Bitget1.4821+1.310%
Binance1.4833+1.392%
BloFin1.4846+1.481%

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni M−1.373%+0.0100%4h$90K$45K—as long as short
KuCoin MUSDTM−1.077%+0.2126%4h$1.4M$4.1M10xas long as short
Aster MUSDT−0.349%+0.0386%4h$15K$121K5xas long as short
Gate M_USDTshort−0.330%+0.0100%8h$2.0M$1.0M10x
Bybit MUSDT−0.263%+0.0100%4h$4.6M$2.7M20xas long as short
SunX M-USDT−0.175%+0.0100%4h$2K$500K20xas long as short
BingX M-USDT−0.142%+0.0551%4h—$2.4M—as long as short
Orderly PERP_M_USDC−0.088%+0.0100%4h$2K$21910xas long as short
MEXC M_USDT−0.081%+0.0560%4h$249K$119K50xas long as short
Bitget MUSDT−0.081%+0.0100%4h$1.9M$426K10xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance MUSDTlong0.000%+0.0570%4h$5.5M$5.2M10x
BloFin M-USDT+0.088%+0.0568%4h$364K$459K10xas long as short