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

S

all S markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$243
spread now−0.330%7d average−0.115%fees + slippage, in and out−$221spread needed2.211%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack S_USDC_PERP0.039400.0127pay 0.0016% / 1h20m 32s$115K$217K5x
ShortKuCoin SUSDTM0.039270.0100get 0.0050% / 4h20m 32s$1.8M$3.9M50x

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
−$32.99
Funding while held
−$0.82
Slippage, 4 orders
−$199.08
Fee Backpack: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$254.89
Spread needed to break even
2.211%
Slippage from Backpack: live order book, 29 min ago; KuCoin: live order book, 3 min ago.

Cost of waiting

funding view
Funding /8h
−0.0027%
Per $10,000 a day
$0.82
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 Backpack live order book, 29 min ago12.48 bp17.5 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.27 bp96.3 bp −$96295.9 bp −$2,959doesn't fitdoesn't fit

S price on every exchange

against the cheapest. Click to use as the short leg.

S on 25 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−3.274%−0.2432%1h$47K$11K25xas long as short
01 Exchange SUSD−3.046%−1.1224%1h$23K$3K5xas long as short
Variational Omni S−0.389%−0.1039%4h$611K$121Kas long as short
Bybit SUSDT−0.355%+0.0100%4h$5.7M$9.5M50xas long as short
KuCoin SUSDTMshort−0.330%+0.0100%4h$1.8M$3.9M50x
Reya SRUSDPERP−0.319%−0.0101%1h$415xas long as short
OKX S-USDT-SWAP−0.305%+0.0100%4h$1.0M$12.6M20xas long as short
BingX S-USDT−0.305%+0.0100%4h$7.0Mas long as short
Kraken Futures PF_SUSD−0.282%−0.2433%1h$33K$48K10xas long as short
Extended S-USD−0.281%+0.0104%1h$221K$945K10xas long as short
Show all 25 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget SUSDT−0.279%+0.0100%4h$1.2M$4.7M50xas long as short
MEXC S_USDT−0.254%+0.0100%4h$3.5M$3.5M200xas long as short
Binance SUSDT−0.250%+0.0100%4h$5.3M$40.6M75xas long as short
Gate S_USDT−0.228%+0.0100%4h$328K$409K50xas long as short
BloFin S-USDT−0.228%+0.0340%4h$291K$267K75xas long as short
Orderly PERP_S_USDC−0.178%−0.0198%4h$104K$332K10xas long as short
Hyperliquid S−0.160%+0.0100%1h$1.1M$1.5M5xas long as short
Lighter S−0.152%+0.0096%1h$165K$341K5xas long as short
Aster SUSDT−0.102%−0.0087%4h$47K$263K10xas long as short
Deribit S_USDC-PERPETUAL−0.051%−0.0004%1h$66K$11K10xas long as short
gTrade (Gains Network) S/USD−0.041%L +0.0001% / S +0.0006%1h$607150xas long as short
GMX S/USD [WBTC.b-USDC]−0.013%L −0.0375% / S +0.0347%1h$1K100xas long as short
Backpack S_USDC_PERPlong0.000%+0.0127%1h$115K$217K5x
ApeX Omni SUSDT0.000%+0.0100%1h$24K$502K50xas long as short
Injective S/USDC PERP+4.061%+0.0033%1h$2K$161K12xas long as short