Spread before costs (cost unknown: a leg has no order-book sample)+0.091%
7d average—if it closes, per $10,000$9funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate M_USDT | 1.4798 | 0.0100 | pay 0.0100% / 8h | 5h 59m | $2.0M | $937K | 10x |
| Short | Variational Omni M | 1.4811 | 0.0100 | get 0.0050% / 4h | 1h 59m | $91K | $43K | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.06
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.94
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 5 min ago; Variational Omni: no order-book sample. Net counts fees only.
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 5 min ago | 16.23 bp | 54.7 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
M price on every exchange
against the cheapest. Click to use as the short leg.M on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MUSDTM | −0.728% | +0.1662% | 4h | $1.4M | $4.2M | 10x | as long as short |
| Gate M_USDTlong | 0.000% | +0.0100% | 8h | $2.0M | $937K | 10x | |
| Variational Omni Mshort | +0.091% | +0.0100% | 4h | $91K | $43K | — | |
| BloFin M-USDT | +0.128% | +0.0631% | 4h | $360K | $449K | 10x | as long as short |
| Aster MUSDT | +0.188% | +0.0386% | 4h | $16K | $121K | 5x | as long as short |
| Bybit MUSDT | +0.189% | +0.0100% | 4h | $4.7M | $2.7M | 20x | as long as short |
| Orderly PERP_M_USDC | +0.216% | +0.0100% | 4h | $2K | $219 | 10x | as long as short |
| SunX M-USDT | +0.230% | +0.0100% | 4h | $2K | $512K | 20x | as long as short |
| BingX M-USDT | +0.250% | +0.0564% | 4h | — | $2.4M | — | as long as short |
| Bitget MUSDT | +0.270% | +0.0100% | 4h | $1.9M | $415K | 10x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.324% | +0.0564% | 4h | $5.5M | $5.1M | 10x | as long as short |
| MEXC M_USDT | +0.331% | +0.0562% | 4h | $248K | $114K | 50x | as long as short |
Gate M_USDT
Variational Omni M
KuCoin
BloFin
Aster
Bybit
SunX
BingX
Bitget
Binance
MEXC