data as of
Settings8H · net · $10k
Price arb /

M

all M markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.091%
7d averageif it closes, per $10,000$9funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate M_USDT1.47980.0100pay 0.0100% / 8h5h 59m$2.0M$937K10x
ShortVariational Omni M1.48110.0100get 0.0050% / 4h1h 59m$91K$43K

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago16.23 bp54.7 bp −$55doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin MUSDTM−0.728%+0.1662%4h$1.4M$4.2M10xas long as short
Gate M_USDTlong0.000%+0.0100%8h$2.0M$937K10x
Variational Omni Mshort+0.091%+0.0100%4h$91K$43K
BloFin M-USDT+0.128%+0.0631%4h$360K$449K10xas long as short
Aster MUSDT+0.188%+0.0386%4h$16K$121K5xas long as short
Bybit MUSDT+0.189%+0.0100%4h$4.7M$2.7M20xas long as short
Orderly PERP_M_USDC+0.216%+0.0100%4h$2K$21910xas long as short
SunX M-USDT+0.230%+0.0100%4h$2K$512K20xas long as short
BingX M-USDT+0.250%+0.0564%4h$2.4Mas long as short
Bitget MUSDT+0.270%+0.0100%4h$1.9M$415K10xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Binance MUSDT+0.324%+0.0564%4h$5.5M$5.1M10xas long as short
MEXC M_USDT+0.331%+0.0562%4h$248K$114K50xas long as short