Spread before costs (cost unknown: a leg has no order-book sample)+0.134%
7d average—if it closes, per $10,000$13funding while held, a day−$5.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NOTUSDT | 0.0005000 | 0.0100 | pay 0.0050% / 4h | 1h 37m | $2.1M | $989K | 25x |
| Short | Variational Omni NOT | 0.0005007 | −0.0068 | pay 0.0034% / 4h | 1h 37m | $61K | $48K | — |
Bybit NOTUSDT
Variational Omni NOTPrice 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
- $13.35
- Funding while held
- −$5.04
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$2.69
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, just now; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0168%
- Per $10,000 a day
- −$5.04
- 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 Bybit live order book, just now | 2.00 bp | 39.2 bp −$39 | 150.8 bp −$1,508 | 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.
NOT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004874cheapest
InjectiveBybit0.0005000+2.585%
Gate0.0005004+2.667%Binance0.0005005+2.688%OKX0.0005005+2.688%
Gate
Binance
OKXVariational Omni0.0005007+2.722%
Extended0.0005010+2.781%Hyperliquid0.0005010+2.790%MEXC0.0005010+2.790%Bitget0.0005010+2.790%BingX0.0005010+2.790%KuCoin0.0005013+2.852%BloFin0.0005014+2.872%Aster0.0005015+2.889%Lighter0.0005019+2.971%Kraken Futures0.0005049+3.599%
Extended
Hyperliquid
MEXC
Bitget
BingX
KuCoin
BloFin
Aster
Lighter
Kraken FuturesNOT on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective NOT/USDC PERP | −2.520% | +0.0033% | 1h | $1K | $13K | 5.5x | as long as short |
| Bybit NOTUSDTlong | 0.000% | +0.0100% | 4h | $2.1M | $989K | 25x | |
| Gate NOT_USDT | +0.080% | +0.0100% | 4h | $140K | $86K | 50x | as long as short |
| Binance NOTUSDT | +0.100% | +0.0100% | 4h | $2.0M | $3.3M | 50x | as long as short |
| OKX NOT-USDT-SWAP | +0.100% | +0.0100% | 4h | $595K | $656K | 20x | as long as short |
| Variational Omni NOTshort | +0.134% | −0.0068% | 4h | $61K | $48K | — | |
| Extended kNOT-USD | +0.190% | +0.0104% | 1h | $4K | $2K | 5x | as long as short |
| Hyperliquid NOT | +0.200% | +0.0100% | 1h | $367K | $68K | 3x | as long as short |
| MEXC NOT_USDT | +0.200% | +0.0100% | 4h | $1.4M | $476K | 200x | as long as short |
| Bitget NOTUSDT | +0.200% | +0.0100% | 4h | $638K | $429K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX NOT-USDT | +0.200% | +0.0100% | 4h | — | $7.4M | — | as long as short |
| KuCoin NOTUSDTM | +0.260% | +0.0100% | 4h | $488K | $134K | 50x | as long as short |
| BloFin NOT-USDT | +0.280% | +0.0081% | 4h | $113K | $19K | 50x | as long as short |
| Aster NOTUSDT | +0.296% | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Lighter 1000NOT | +0.376% | +0.0096% | 1h | $11K | $5K | 3x | as long as short |
| Kraken Futures PF_NOTUSD | +0.988% | +0.6818% | 1h | $48K | $9K | 10x | as long as short |