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−$184
spread now+0.241%7d average+0.071%fees + slippage, in and out−$201spread needed2.005%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUSDT1.49220.0100pay 0.0050% / 4h15m 28s$4.7M$2.9M20x
ShortBitget MUSDT1.49580.0100get 0.0050% / 4h15m 28s$1.9M$453K10x

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
$24.13
Funding while held
$0
Slippage, 4 orders
−$177.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$176.39
Spread needed to break even
2.005%
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Bybit live order book, 4 min ago3.01 bp44.4 bp −$44336.7 bp −$3,367doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago15.38 bp55.7 bp −$56doesn'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 MUSDTM−0.494%+0.2788%4h$1.4M$4.0M10xas long as short
Bybit MUSDTlong0.000%+0.0100%4h$4.7M$2.9M20x
Gate M_USDT+0.047%+0.0100%8h$2.0M$1.1M10xas long as short
BingX M-USDT+0.067%+0.0664%4h$2.4Mas long as short
Variational Omni M+0.069%+0.0100%4h$91K$50Kas long as short
Binance MUSDT+0.127%+0.0703%4h$5.5M$5.7M10xas long as short
BloFin M-USDT+0.161%+0.0686%4h$368K$506K10xas long as short
MEXC M_USDT+0.174%+0.0708%4h$252K$127K50xas long as short
SunX M-USDT+0.208%+0.0100%4h$2K$480K20xas long as short
Orderly PERP_M_USDC+0.214%+0.0100%4h$2K$18010xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget MUSDTshort+0.241%+0.0100%4h$1.9M$453K10x
Aster MUSDT+0.261%+0.0553%4h$17K$126K5xas long as short