Spread before costs (cost unknown: a leg has no order-book sample)+0.415%
7d average—if it closes, per $10,000$42funding while held, a day−$13.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin S-USDT | 0.03976 | 0.0340 | pay 0.0170% / 4h | 51m 07s | $292K | $260K | 75x |
| Short | Reya SRUSDPERP | 0.03993 | −0.0101 | pay 0.0013% / 1h | 51m 07s | $4 | — | 15x |
BloFin S-USDT
Reya SRUSDPERPPrice 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
- $41.5
- Funding while held
- −$13.24
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $10.27
- Spread needed to break even
- 0.180%
Slippage unknown: BloFin: live order book, 57 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0441%
- Per $10,000 a day
- −$13.24
- 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 BloFin live order book, 57 min ago | 2.57 bp | 17.9 bp −$18 | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 International0.03811cheapest01 Exchange0.03840+0.761%Variational Omni0.03974+4.287%
Coinbase International
Variational OmniBloFin0.03976+4.330%
ApeX Omni0.03980+4.435%Gate0.03990+4.697%Backpack0.03990+4.697%Kraken Futures0.03990+4.701%BingX0.03991+4.723%Extended0.03991+4.733%Bybit0.03992+4.749%
ApeX Omni
Gate
Backpack
Kraken Futures
BingX
Extended
BybitReya0.03993+4.763%
Aster0.03993+4.778%Orderly0.03995+4.828%Hyperliquid0.03996+4.854%Binance0.03996+4.854%MEXC0.03996+4.854%KuCoin0.03996+4.854%Lighter0.03997+4.881%gTrade (Gains Network)0.03998+4.901%GMX0.03998+4.917%Deribit0.03999+4.933%OKX0.04000+4.959%Bitget0.04000+4.959%Injective0.04100+7.583%
Aster
Orderly
Hyperliquid
Binance
MEXC
KuCoin
Lighter
gTrade (Gains Network)
GMX
Deribit
OKX
Bitget
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 | −4.150% | −0.2432% | 1h | $47K | $12K | 25x | as long as short |
| 01 Exchange SUSD | −3.421% | −1.1664% | 1h | $23K | $3K | 5x | as long as short |
| Variational Omni S | −0.041% | −0.1044% | 4h | $616K | $121K | — | as long as short |
| BloFin S-USDTlong | 0.000% | +0.0340% | 4h | $292K | $260K | 75x | |
| ApeX Omni SUSDT | +0.101% | +0.0100% | 1h | $25K | $500K | 50x | as long as short |
| Gate S_USDT | +0.352% | +0.0100% | 4h | $335K | $400K | 50x | as long as short |
| Backpack S_USDC_PERP | +0.352% | +0.0857% | 1h | $116K | $212K | 5x | as long as short |
| Kraken Futures PF_SUSD | +0.356% | −0.2396% | 1h | $34K | $48K | 10x | as long as short |
| BingX S-USDT | +0.377% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Extended S-USD | +0.387% | +0.0104% | 1h | $224K | $946K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SUSDT | +0.402% | +0.0100% | 4h | $5.8M | $9.5M | 50x | as long as short |
| Reya SRUSDPERPshort | +0.415% | −0.0101% | 1h | $4 | — | 15x | |
| Aster SUSDT | +0.429% | −0.0181% | 4h | $50K | $260K | 10x | as long as short |
| Orderly PERP_S_USDC | +0.478% | −0.0190% | 4h | $105K | $335K | 10x | as long as short |
| Hyperliquid S | +0.503% | +0.0100% | 1h | $1.1M | $1.5M | 5x | as long as short |
| Binance SUSDT | +0.503% | +0.0100% | 4h | $5.5M | $40.8M | 75x | as long as short |
| MEXC S_USDT | +0.503% | +0.0100% | 4h | $3.7M | $3.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.503% | +0.0100% | 4h | $1.9M | $3.9M | 50x | as long as short |
| Lighter S | +0.528% | +0.0096% | 1h | $168K | $332K | 5x | as long as short |
| gTrade (Gains Network) S/USD | +0.548% | L +0.0001% / S +0.0006% | 1h | $616 | — | 150x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.563% | L −0.0374% / S +0.0346% | 1h | $1K | — | 100x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.578% | 0.0000% | 1h | $67K | $12K | 10x | as long as short |
| OKX S-USDT-SWAP | +0.604% | +0.0100% | 4h | $1.0M | $12.9M | 20x | as long as short |
| Bitget SUSDT | +0.604% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
| Injective S/USDC PERP | +3.119% | +0.0033% | 1h | $2K | $161K | 12x | as long as short |