Spread before costs (cost unknown: a leg has no order-book sample)+4.967%
7d average−0.085%if it closes, per $10,000$497funding while held, a day−$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUSDT | 0.03906 | 0.0100 | pay 0.0050% / 4h | 8m 58s | $5.6M | $9.5M | 50x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 8m 58s | $2K | $161K | 12x |
Bybit 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
- $496.67
- Funding while held
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $483.65
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 6 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 Bybit live order book, 6 min ago | 2.55 bp | 32.7 bp −$33 | 144.1 bp −$1,441 | 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.01 Exchange0.03780cheapestCoinbase International0.03811+0.820%KuCoin0.03900+3.175%Kraken Futures0.03902+3.219%Gate0.03904+3.280%Orderly0.03905+3.307%Reya0.03906+3.329%Extended0.03906+3.333%
Coinbase International
KuCoin
Kraken Futures
Gate
Orderly
Reya
ExtendedBybit0.03906+3.333%
Bitget0.03906+3.333%BloFin0.03906+3.333%Lighter0.03907+3.360%gTrade (Gains Network)0.03909+3.408%Hyperliquid0.03909+3.413%OKX0.03909+3.413%MEXC0.03909+3.413%BingX0.03909+3.413%Aster0.03909+3.421%GMX0.03909+3.421%Binance0.03910+3.430%Deribit0.03912+3.492%Backpack0.03920+3.704%Variational Omni0.03921+3.739%ApeX Omni0.03930+3.968%
Bitget
BloFin
Lighter
gTrade (Gains Network)
Hyperliquid
OKX
MEXC
BingX
Aster
GMX
Binance
Deribit
Backpack
Variational Omni
ApeX OmniInjective0.04100+8.466%
S on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −3.226% | −1.1272% | 1h | $23K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −2.432% | −0.2432% | 1h | $47K | $11K | 25x | as long as short |
| KuCoin SUSDTM | −0.154% | +0.0100% | 4h | $1.8M | $3.9M | 50x | as long as short |
| Kraken Futures PF_SUSD | −0.111% | −0.2450% | 1h | $33K | $48K | 10x | as long as short |
| Gate S_USDT | −0.051% | +0.0100% | 4h | $326K | $410K | 50x | as long as short |
| Orderly PERP_S_USDC | −0.026% | −0.0198% | 4h | $103K | $331K | 10x | as long as short |
| Reya SRUSDPERP | −0.004% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Extended S-USD | 0.000% | +0.0104% | 1h | $220K | $944K | 10x | as long as short |
| Bybit SUSDTlong | 0.000% | +0.0100% | 4h | $5.6M | $9.5M | 50x | |
| Bitget SUSDT | 0.000% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin S-USDT | 0.000% | +0.0340% | 4h | $286K | $265K | 75x | as long as short |
| Lighter S | +0.026% | +0.0096% | 1h | $164K | $341K | 5x | as long as short |
| gTrade (Gains Network) S/USD | +0.073% | L +0.0001% / S +0.0006% | 1h | $602 | — | 150x | as long as short |
| Hyperliquid S | +0.077% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| OKX S-USDT-SWAP | +0.077% | +0.0094% | 4h | $1.0M | $12.5M | 20x | as long as short |
| MEXC S_USDT | +0.077% | +0.0100% | 4h | $3.6M | $3.5M | 200x | as long as short |
| BingX S-USDT | +0.077% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Aster SUSDT | +0.084% | −0.0121% | 4h | $45K | $263K | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.084% | L −0.0378% / S +0.0350% | 1h | $1K | — | 100x | as long as short |
| Binance SUSDT | +0.093% | +0.0100% | 4h | $5.3M | $40.5M | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.154% | +0.0262% | 1h | $66K | $11K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.358% | +0.0100% | 1h | $114K | $219K | 5x | as long as short |
| Variational Omni S | +0.392% | −0.1023% | 4h | $609K | $121K | — | as long as short |
| ApeX Omni SUSDT | +0.614% | +0.0100% | 1h | $24K | $502K | 50x | as long as short |
| Injective S/USDC PERPshort | +4.967% | +0.0033% | 1h | $2K | $161K | 12x |