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

M

all M markets
SwapFunding view
Alert
My alerts

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−$167
spread now−0.061%7d average−0.030%fees + slippage, in and out−$164spread needed1.636%
Long on BitgetShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUSDT1.48210.0100pay 0.0050% / 4h2h 37m$1.9M$426K10x
ShortBingX M-USDT1.48120.0551get 0.0276% / 4h2h 37m—$2.4M—

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
−$6.07
Funding while held
$13.54
Slippage, 4 orders
−$141.59
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$156.13
Spread needed to break even
1.636%
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.0451%
Per $10,000 a day
+$13.54
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 Bitget live order book, 1 min ago12.15 bp57.7 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago8.87 bp28.4 bp −$28163.9 bp −$1,639doesn'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−1.293%+0.0100%4h$90K$45K—as long as short
KuCoin MUSDTM−0.997%+0.2126%4h$1.4M$4.1M10xas long as short
Aster MUSDT−0.268%+0.0386%4h$15K$121K5xas long as short
Gate M_USDT−0.250%+0.0100%8h$2.0M$1.0M10xas long as short
Bybit MUSDT−0.182%+0.0100%4h$4.6M$2.7M20xas long as short
SunX M-USDT−0.094%+0.0100%4h$2K$500K20xas long as short
BingX M-USDTshort−0.061%+0.0551%4h—$2.4M—
Orderly PERP_M_USDC−0.007%+0.0100%4h$2K$21910xas long as short
MEXC M_USDT0.000%+0.0560%4h$249K$119K50xas long as short
Bitget MUSDTlong0.000%+0.0100%4h$1.9M$426K10x
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance MUSDT+0.081%+0.0570%4h$5.5M$5.2M10xas long as short
BloFin M-USDT+0.169%+0.0568%4h$364K$459K10xas long as short