Spread before costs (cost unknown: a leg has no order-book sample)+0.031%
7d average—if it closes, per $10,000$3funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni M | 1.4811 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $91K | $43K | — |
| Short | Bybit MUSDT | 1.4816 | 0.0100 | get 0.0050% / 4h | 1h 57m | $4.7M | $2.7M | 20x |
Variational Omni M
Bybit MUSDTPrice 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
- $3.1
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$7.9
- Spread needed to break even
- 0.110%
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 2 min ago. 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 3.04 bp | 40.0 bp −$40 | 256.7 bp −$2,567 | doesn't fit | doesn't fit |
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.KuCoin1.4688cheapest
KuCoinVariational Omni1.4811+0.844%
Gate1.4812+0.848%
GateBybit1.4816+0.875%
BingX1.4828+0.957%SunX1.4832+0.984%Aster1.4833+0.993%MEXC1.4840+1.038%Binance1.4843+1.059%Bitget1.4843+1.059%Orderly1.4843+1.059%BloFin1.4862+1.188%
BingX
SunX
Aster
MEXC
Binance
Bitget
Orderly
BloFinM on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MUSDTM | −0.837% | +0.1618% | 4h | $1.4M | $4.2M | 10x | as long as short |
| Variational Omni Mlong | 0.000% | +0.0100% | 4h | $91K | $43K | — | |
| Gate M_USDT | +0.004% | +0.0100% | 8h | $2.0M | $937K | 10x | as long as short |
| Bybit MUSDTshort | +0.031% | +0.0100% | 4h | $4.7M | $2.7M | 20x | |
| BingX M-USDT | +0.112% | +0.0536% | 4h | — | $2.4M | — | as long as short |
| SunX M-USDT | +0.139% | +0.0100% | 4h | $2K | $513K | 20x | as long as short |
| Aster MUSDT | +0.149% | +0.0396% | 4h | $16K | $121K | 5x | as long as short |
| MEXC M_USDT | +0.193% | +0.0564% | 4h | $248K | $114K | 50x | as long as short |
| Binance MUSDT | +0.213% | +0.0570% | 4h | $5.5M | $5.1M | 10x | as long as short |
| Bitget MUSDT | +0.213% | +0.0100% | 4h | $1.9M | $414K | 10x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_M_USDC | +0.213% | +0.0100% | 4h | $2K | $219 | 10x | as long as short |
| BloFin M-USDT | +0.342% | +0.0517% | 4h | $360K | $449K | 10x | as long as short |