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−$307
spread now+1.272%7d average+0.775%fees + slippage, in and out−$356spread needed3.562%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MUSDTM1.47700.1256pay 0.0628% / 4h1h 19m$1.4M$4.2M10x
ShortBloFin M-USDT1.49580.0569get 0.0285% / 4h1h 19m$361K$442K10x

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
$127.22
Funding while held
−$20.6
Slippage, 4 orders
−$332.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$249.59
Spread needed to break even
3.562%
Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 13 min ago.

Cost of waiting

funding view
Funding /8h
−0.0687%
Per $10,000 a day
$20.60
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 KuCoin live order book, 4 min ago19.97 bp191.6 bp −$192doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago14.38 bp37.0 bp −$37doesn'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 MUSDTMlong0.000%+0.1256%4h$1.4M$4.2M10x
Gate M_USDT+1.042%+0.0100%8h$2.0M$951K10xas long as short
Bybit MUSDT+1.062%+0.0100%4h$4.7M$2.4M20xas long as short
Variational Omni M+1.090%+0.0100%4h$91K$42Kas long as short
Aster MUSDT+1.116%+0.0412%4h$16K$121K5xas long as short
Bitget MUSDT+1.164%+0.0100%4h$1.9M$367K10xas long as short
SunX M-USDT+1.171%+0.0100%4h$2K$516K20xas long as short
BingX M-USDT+1.177%+0.0578%4h$2.4Mas long as short
MEXC M_USDT+1.198%+0.0596%4h$252K$117K50xas long as short
Binance MUSDT+1.219%+0.0601%4h$5.5M$4.8M10xas long as short
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_M_USDC+1.225%+0.0100%4h$2K$21910xas long as short
BloFin M-USDTshort+1.272%+0.0569%4h$361K$442K10x