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−$357
spread now−1.012%7d average−0.761%fees + slippage, in and out−$332spread needed3.317%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin M-USDT1.48550.0629pay 0.0314% / 4h1m 06s$366K$495K10x
ShortKuCoin MUSDTM1.47050.2728get 0.1364% / 4h1m 06s$1.4M$4.1M10x

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
−$101.25
Funding while held
$62.97
Slippage, 4 orders
−$307.71
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$369.98
Spread needed to break even
3.317%
Slippage from BloFin: live order book, 47 min ago; KuCoin: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
+0.2099%
Per $10,000 a day
+$62.97
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 BloFin live order book, 47 min ago1.33 bp57.8 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago36.12 bp114.3 bp −$114doesn'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 MUSDTMshort−1.012%+0.2728%4h$1.4M$4.1M10x
Gate M_USDT−0.047%+0.0100%8h$2.0M$1.1M10xas long as short
BingX M-USDT−0.034%+0.0632%4h$2.4Mas long as short
Bybit MUSDT−0.020%+0.0100%4h$4.7M$2.8M20xas long as short
Aster MUSDT−0.012%+0.0493%4h$17K$126K5xas long as short
BloFin M-USDTlong0.000%+0.0629%4h$366K$495K10x
Binance MUSDT+0.054%+0.0648%4h$5.5M$5.7M10xas long as short
MEXC M_USDT+0.054%+0.0654%4h$250K$127K50xas long as short
Bitget MUSDT+0.067%+0.0100%4h$1.9M$449K10xas long as short
SunX M-USDT+0.108%+0.0100%4h$1K$480K20xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni M+0.137%+0.0100%4h$90K$49Kas long as short
Orderly PERP_M_USDC+0.162%+0.0100%4h$2K$18010xas long as short