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%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack S_USDC_PERP | 0.03940 | 0.0127 | pay 0.0016% / 1h | 20m 32s | $115K | $217K | 5x |
| Short | KuCoin SUSDTM | 0.03927 | 0.0100 | get 0.0050% / 4h | 20m 32s | $1.8M | $3.9M | 50x |
Price 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
- −$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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 29 min ago | 12.48 bp | 17.5 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.27 bp | 96.3 bp −$96 | 295.9 bp −$2,959 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International S-PERP-INTX | −3.274% | −0.2432% | 1h | $47K | $11K | 25x | as long as short |
| 01 Exchange SUSD | −3.046% | −1.1224% | 1h | $23K | $3K | 5x | as long as short |
| Variational Omni S | −0.389% | −0.1039% | 4h | $611K | $121K | — | as long as short |
| Bybit SUSDT | −0.355% | +0.0100% | 4h | $5.7M | $9.5M | 50x | as long as short |
| KuCoin SUSDTMshort | −0.330% | +0.0100% | 4h | $1.8M | $3.9M | 50x | |
| Reya SRUSDPERP | −0.319% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| OKX S-USDT-SWAP | −0.305% | +0.0100% | 4h | $1.0M | $12.6M | 20x | as long as short |
| BingX S-USDT | −0.305% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Kraken Futures PF_SUSD | −0.282% | −0.2433% | 1h | $33K | $48K | 10x | as long as short |
| Extended S-USD | −0.281% | +0.0104% | 1h | $221K | $945K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SUSDT | −0.279% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
| MEXC S_USDT | −0.254% | +0.0100% | 4h | $3.5M | $3.5M | 200x | as long as short |
| Binance SUSDT | −0.250% | +0.0100% | 4h | $5.3M | $40.6M | 75x | as long as short |
| Gate S_USDT | −0.228% | +0.0100% | 4h | $328K | $409K | 50x | as long as short |
| BloFin S-USDT | −0.228% | +0.0340% | 4h | $291K | $267K | 75x | as long as short |
| Orderly PERP_S_USDC | −0.178% | −0.0198% | 4h | $104K | $332K | 10x | as long as short |
| Hyperliquid S | −0.160% | +0.0100% | 1h | $1.1M | $1.5M | 5x | as long as short |
| Lighter S | −0.152% | +0.0096% | 1h | $165K | $341K | 5x | as long as short |
| Aster SUSDT | −0.102% | −0.0087% | 4h | $47K | $263K | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | −0.051% | −0.0004% | 1h | $66K | $11K | 10x | as long as short |
| gTrade (Gains Network) S/USD | −0.041% | L +0.0001% / S +0.0006% | 1h | $607 | — | 150x | as long as short |
| GMX S/USD [WBTC.b-USDC] | −0.013% | L −0.0375% / S +0.0347% | 1h | $1K | — | 100x | as long as short |
| Backpack S_USDC_PERPlong | 0.000% | +0.0127% | 1h | $115K | $217K | 5x | |
| ApeX Omni SUSDT | 0.000% | +0.0100% | 1h | $24K | $502K | 50x | as long as short |
| Injective S/USDC PERP | +4.061% | +0.0033% | 1h | $2K | $161K | 12x | as long as short |
Backpack S_USDC_PERP
KuCoin SUSDTM
Coinbase International
Variational Omni
Bybit
OKX
BingX
Kraken Futures
Extended
Bitget
MEXC
Binance
Gate
BloFin
Hyperliquid
Lighter
Aster
Deribit
gTrade (Gains Network)
GMX
ApeX Omni
Injective