After costs, if the gap returns to its 7d average, $10k−$157
spread now+0.177%7d average+0.125%fees + slippage, in and out−$162spread needed1.625%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PUNDIXUSDT | 0.1186 | 0.0100 | pay 0.0050% / 4h | 55m 28s | $237K | $231K | 20x |
| Short | Bybit PUNDIXUSDT | 0.1188 | 0.0100 | get 0.0050% / 4h | 55m 28s | $779K | $374K | 20x |
Bitget PUNDIXUSDT
Bybit PUNDIXUSDTPrice 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
- $17.71
- Funding while held
- $0
- Slippage, 4 orders
- −$139.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$144.74
- Spread needed to break even
- 1.625%
Slippage from Bitget: live order book, 31 min ago; Bybit: live order book, 36 min ago.
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 Bitget live order book, 31 min ago | 3.81 bp | 34.2 bp −$34 | 206.5 bp −$2,065 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 36 min ago | 3.80 bp | 50.8 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
PUNDIX price on every exchange
against the cheapest. Click to use as the short leg.Gate0.1184cheapest
GateBitget0.1186+0.144%
MEXC0.1187+0.220%Binance0.1187+0.235%BingX0.1187+0.253%Variational Omni0.1188+0.301%
MEXC
Binance
BingX
Variational OmniBybit0.1188+0.321%
PUNDIX on 7 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate PUNDIX_USDT | −0.143% | +0.0100% | 4h | $38K | $5K | 20x | as long as short |
| Bitget PUNDIXUSDTlong | 0.000% | +0.0100% | 4h | $237K | $231K | 20x | |
| MEXC PUNDIX_USDT | +0.076% | +0.0100% | 4h | $2.4M | $103K | 50x | as long as short |
| Binance PUNDIXUSDT | +0.091% | +0.0100% | 4h | $1.4M | $1.6M | 50x | as long as short |
| BingX PUNDIX-USDT | +0.110% | +0.0070% | 4h | — | $1.2M | — | as long as short |
| Variational Omni PUNDIX | +0.158% | +0.0100% | 4h | $86 | $59K | — | as long as short |
| Bybit PUNDIXUSDTshort | +0.177% | +0.0100% | 4h | $779K | $374K | 20x |