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−$195
spread now−0.040%7d average−0.054%fees + slippage, in and out−$197spread needed1.967%
Long on BybitShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUSDT1.49760.0100pay 0.0050% / 4h1h 07m$4.7M$2.4M20x
ShortGate M_USDT1.49700.0100get 0.0100% / 8h5h 07m$2.0M$954K10x

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
−$4.01
Funding while held
$0
Slippage, 4 orders
−$170.75
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$200.75
Spread needed to break even
1.967%
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago3.00 bp31.8 bp −$32332.3 bp −$3,323doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago17.71 bp61.5 bp −$62doesn't fitdoesn't fitdoesn't fit

M price on every exchange

against the cheapest. Click to use as the short leg.
KuCoin1.4838cheapestVariational Omni1.4965+0.856%
Gate1.4970+0.889%
Bybit1.4976+0.929%
Aster1.4987+1.001%Bitget1.4994+1.051%BingX1.4994+1.051%SunX1.4998+1.078%Orderly1.4999+1.084%Binance1.5001+1.098%MEXC1.5004+1.118%BloFin1.5006+1.132%

M on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTM−0.921%+0.1228%4h$1.4M$4.2M10xas long as short
Variational Omni M−0.072%+0.0100%4h$92K$42K—as long as short
Gate M_USDTshort−0.040%+0.0100%8h$2.0M$954K10x
Bybit MUSDTlong0.000%+0.0100%4h$4.7M$2.4M20x
Aster MUSDT+0.071%+0.0441%4h$16K$121K5xas long as short
Bitget MUSDT+0.120%+0.0100%4h$1.9M$364K10xas long as short
BingX M-USDT+0.120%+0.0602%4h—$2.4M—as long as short
SunX M-USDT+0.147%+0.0100%4h$2K$518K20xas long as short
Orderly PERP_M_USDC+0.154%+0.0100%4h$2K$21910xas long as short
Binance MUSDT+0.167%+0.0637%4h$5.6M$4.7M10xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC M_USDT+0.187%+0.0632%4h$253K$117K50xas long as short
BloFin M-USDT+0.200%+0.0624%4h$360K$439K10xas long as short