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−$186
spread now+0.121%7d average+0.016%fees + slippage, in and out−$196spread needed1.965%
Long on BybitShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUSDT1.48680.0100pay 0.0050% / 4h3m 48s$4.7M$2.8M20x
ShortBloFin M-USDT1.48860.0636get 0.0318% / 4h3m 48s$366K$498K10x

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
$12.11
Funding while held
$16.09
Slippage, 4 orders
−$173.45
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$168.26
Spread needed to break even
1.965%
Slippage from Bybit: live order book, just now; BloFin: live order book, 44 min ago.

Cost of waiting

funding view
Funding /8h
+0.0536%
Per $10,000 a day
+$16.09
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 Bybit live order book, just now3.70 bp44.8 bp −$45354.2 bp −$3,542doesn't fitdoesn't fit
Sell BloFin live order book, 44 min ago1.33 bp49.6 bp −$50doesn't fitdoesn't fitdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.
KuCoin1.4792cheapestGate1.4865+0.491%Bitget1.4867+0.505%
Bybit1.4868+0.512%
Aster1.4873+0.544%Variational Omni1.4875+0.561%BingX1.4878+0.579%SunX1.4879+0.586%Binance1.4883+0.613%MEXC1.4883+0.613%
BloFin1.4886+0.633%
Orderly1.4887+0.640%

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTM−0.509%+0.2738%4h$1.4M$4.1M10xas long as short
Gate M_USDT−0.020%+0.0100%8h$2.0M$1.1M10xas long as short
Bitget MUSDT−0.007%+0.0100%4h$1.9M$452K10xas long as short
Bybit MUSDTlong0.000%+0.0100%4h$4.7M$2.8M20x
Aster MUSDT+0.032%+0.0500%4h$17K$126K5xas long as short
Variational Omni M+0.049%+0.0100%4h$90K$49K—as long as short
BingX M-USDT+0.067%+0.0634%4h—$2.4M—as long as short
SunX M-USDT+0.074%+0.0100%4h$2K$480K20xas long as short
Binance MUSDT+0.101%+0.0658%4h$5.5M$5.7M10xas long as short
MEXC M_USDT+0.101%+0.0664%4h$250K$127K50xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin M-USDTshort+0.121%+0.0636%4h$366K$498K10x
Orderly PERP_M_USDC+0.128%+0.0100%4h$2K$18010xas long as short