Spread before costs (cost unknown: a leg has no order-book sample)+0.078%
7d average−0.004%if it closes, per $10,000$8funding while held, a day−$5.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX S-USDT | 0.03854 | 0.0100 | pay 0.0050% / 4h | 2h 35m | — | $7.0M | — |
| Short | Orderly PERP_S_USDC | 0.03857 | −0.0096 | pay 0.0048% / 4h | 2h 35m | $102K | $326K | 10x |
BingX S-USDT
Orderly PERP_S_USDCPrice 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
- $7.78
- Funding while held
- −$5.88
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$14.1
- Spread needed to break even
- 0.160%
Slippage unknown: BingX: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0196%
- Per $10,000 a day
- −$5.88
- 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 BingX live order book, 9 min ago | 3.89 bp | 19.1 bp −$19 | 53.2 bp −$532 | 459.5 bp −$45.9K | 750.9 bp −$375.4K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.
S price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03831cheapestVariational Omni0.03846+0.386%Bybit0.03848+0.444%OKX0.03850+0.496%Gate0.03851+0.522%KuCoin0.03851+0.522%BloFin0.03852+0.548%Kraken Futures0.03853+0.563%Extended0.03854+0.593%
Coinbase International
Variational Omni
Bybit
OKX
Gate
KuCoin
BloFin
Kraken Futures
ExtendedBingX0.03854+0.600%
Binance0.03854+0.611%Reya0.03855+0.619%Aster0.03855+0.633%Hyperliquid0.03856+0.645%MEXC0.03856+0.653%
Binance
Reya
Aster
Hyperliquid
MEXCOrderly0.03857+0.679%
Bitget0.03858+0.705%GMX0.03860+0.754%gTrade (Gains Network)0.03860+0.756%Lighter0.03860+0.757%01 Exchange0.03860+0.757%Backpack0.03860+0.757%ApeX Omni0.03860+0.757%Deribit0.03863+0.835%
Bitget
GMX
gTrade (Gains Network)
Lighter
Backpack
ApeX Omni
DeribitInjective0.04100+7.022%
InjectiveS 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 | −0.597% | −0.2080% | 1h | $47K | $10K | 25x | as long as short |
| Variational Omni S | −0.213% | −0.0846% | 4h | $598K | $120K | — | as long as short |
| Bybit SUSDT | −0.156% | +0.0100% | 4h | $5.6M | $9.0M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.104% | +0.0100% | 4h | $973K | $11.8M | 20x | as long as short |
| Gate S_USDT | −0.078% | +0.0100% | 4h | $319K | $366K | 50x | as long as short |
| KuCoin SUSDTM | −0.078% | +0.0100% | 4h | $1.8M | $3.7M | 50x | as long as short |
| BloFin S-USDT | −0.052% | +0.0340% | 4h | $278K | $257K | 75x | as long as short |
| Kraken Futures PF_SUSD | −0.037% | −0.1667% | 1h | $33K | $43K | 10x | as long as short |
| Extended S-USD | −0.007% | +0.0104% | 1h | $216K | $944K | 10x | as long as short |
| BingX S-USDTlong | 0.000% | +0.0100% | 4h | — | $7.0M | — |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance SUSDT | +0.011% | +0.0100% | 4h | $5.3M | $38.5M | 75x | as long as short |
| Reya SRUSDPERP | +0.019% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Aster SUSDT | +0.032% | −0.0111% | 4h | $42K | $258K | 10x | as long as short |
| Hyperliquid S | +0.044% | +0.0100% | 1h | $994K | $1.4M | 5x | as long as short |
| MEXC S_USDT | +0.052% | +0.0100% | 4h | $3.5M | $3.4M | 200x | as long as short |
| Orderly PERP_S_USDCshort | +0.078% | −0.0096% | 4h | $102K | $326K | 10x | |
| Bitget SUSDT | +0.104% | +0.0100% | 4h | $1.1M | $4.5M | 50x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.153% | L −0.0276% / S +0.0259% | 1h | $1K | — | 100x | as long as short |
| gTrade (Gains Network) S/USD | +0.155% | L +0.0001% / S +0.0006% | 1h | $595 | — | 150x | as long as short |
| Lighter S | +0.156% | +0.0096% | 1h | $162K | $309K | 5x | as long as short |
| 01 Exchange SUSD | +0.156% | −0.0104% | 1h | $23K | $3K | 5x | as long as short |
| Backpack S_USDC_PERP | +0.156% | +0.0100% | 1h | $112K | $229K | 5x | as long as short |
| ApeX Omni SUSDT | +0.156% | +0.0100% | 1h | $20K | $496K | 50x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.234% | +0.0268% | 1h | $65K | $11K | 10x | as long as short |
| Injective S/USDC PERP | +6.383% | +0.0033% | 1h | $2K | $120K | 12x | as long as short |