Spread before costs (cost unknown: a leg has no order-book sample)+5.588%
7d average—if it closes, per $10,000$559funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSDT | 0.03883 | 0.0100 | pay 0.0050% / 4h | 1h 14m | $1.2M | $4.5M | 50x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 14m 55s | $2K | $88K | 12x |
Bitget SUSDT
Injective S/USDC PERPPrice 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
- $558.85
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $544.83
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0067%
- Per $10,000 a day
- −$2.00
- 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, 5 min ago | 3.87 bp | 21.9 bp −$22 | 59.6 bp −$596 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 International0.03826cheapestApeX Omni0.03860+0.889%01 Exchange0.03870+1.150%Bybit0.03875+1.281%OKX0.03879+1.385%Extended0.03880+1.403%Reya0.03880+1.408%Gate0.03880+1.411%KuCoin0.03880+1.411%Hyperliquid0.03881+1.438%MEXC0.03881+1.438%Binance0.03881+1.450%Kraken Futures0.03882+1.453%Variational Omni0.03882+1.467%
Coinbase International
ApeX Omni
Bybit
OKX
Extended
Reya
Gate
KuCoin
Hyperliquid
MEXC
Binance
Kraken Futures
Variational OmniBitget0.03883+1.490%
BingX0.03883+1.490%Orderly0.03883+1.490%BloFin0.03884+1.516%GMX0.03885+1.539%Aster0.03885+1.548%gTrade (Gains Network)0.03886+1.567%Lighter0.03887+1.594%Deribit0.03888+1.620%Backpack0.03890+1.673%
BingX
Orderly
BloFin
GMX
Aster
gTrade (Gains Network)
Lighter
Deribit
BackpackInjective0.04100+7.162%
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 | −1.468% | −0.1824% | 1h | $47K | $9K | 25x | as long as short |
| ApeX Omni SUSDT | −0.592% | +0.0100% | 1h | $25K | $494K | 50x | as long as short |
| 01 Exchange SUSD | −0.335% | −0.0072% | 1h | $23K | $3K | 5x | as long as short |
| Bybit SUSDT | −0.206% | +0.0100% | 4h | $5.5M | $9.0M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.103% | −0.0060% | 4h | $969K | $11.8M | 20x | as long as short |
| Extended S-USD | −0.086% | +0.0104% | 1h | $218K | $943K | 10x | as long as short |
| Reya SRUSDPERP | −0.080% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Gate S_USDT | −0.077% | +0.0100% | 4h | $317K | $370K | 50x | as long as short |
| KuCoin SUSDTM | −0.077% | +0.0100% | 4h | $1.8M | $3.7M | 50x | as long as short |
| Hyperliquid S | −0.052% | −0.0010% | 1h | $990K | $1.3M | 5x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC S_USDT | −0.052% | +0.0100% | 4h | $3.5M | $3.4M | 200x | as long as short |
| Binance SUSDT | −0.040% | +0.0100% | 4h | $5.3M | $37.6M | 75x | as long as short |
| Kraken Futures PF_SUSD | −0.037% | −0.2315% | 1h | $33K | $41K | 10x | as long as short |
| Variational Omni S | −0.022% | −0.1382% | 4h | $603K | $117K | — | as long as short |
| Bitget SUSDTlong | 0.000% | +0.0100% | 4h | $1.2M | $4.5M | 50x | |
| BingX S-USDT | 0.000% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Orderly PERP_S_USDC | 0.000% | −0.0093% | 4h | $102K | $320K | 10x | as long as short |
| BloFin S-USDT | +0.026% | +0.0340% | 4h | $272K | $260K | 75x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.049% | L −0.0173% / S +0.0169% | 1h | $1K | — | 100x | as long as short |
| Aster SUSDT | +0.057% | −0.0220% | 4h | $42K | $258K | 10x | as long as short |
| gTrade (Gains Network) S/USD | +0.076% | L +0.0001% / S +0.0006% | 1h | $599 | — | 150x | as long as short |
| Lighter S | +0.103% | +0.0096% | 1h | $163K | $304K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.129% | +0.0780% | 1h | $65K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.180% | +0.0100% | 1h | $113K | $250K | 5x | as long as short |
| Injective S/USDC PERPshort | +5.588% | +0.0033% | 1h | $2K | $88K | 12x |