Spread before costs (cost unknown: a leg has no order-book sample)+2.362%
7d average—if it closes, per $10,000$236funding while held, a day+$69.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International S-PERP-INTX | 0.03811 | −0.2432 | get 0.0304% / 1h | 1m 41s | $47K | $11K | 25x |
| Short | Reya SRUSDPERP | 0.03901 | −0.0101 | pay 0.0013% / 1h | 1m 41s | $4 | — | 15x |
Coinbase International S-PERP-INTX
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
- $236.21
- Funding while held
- $69.92
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $290.14
- Spread needed to break even
- 0.160%
Slippage unknown: Coinbase International: no order-book sample; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2331%
- Per $10,000 a day
- +$69.92
- 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Coinbase International and 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.01 Exchange0.03780cheapest
Coinbase International0.03811+0.820%
KuCoin0.03896+3.069%Bybit0.03897+3.095%Gate0.03897+3.095%OKX0.03900+3.175%BingX0.03900+3.175%Kraken Futures0.03901+3.193%Bitget0.03901+3.201%
KuCoin
Bybit
Gate
OKX
BingX
Kraken Futures
BitgetReya0.03901+3.202%
Extended0.03901+3.211%Binance0.03903+3.254%MEXC0.03903+3.254%Hyperliquid0.03904+3.272%Orderly0.03904+3.280%Lighter0.03905+3.307%BloFin0.03905+3.307%Aster0.03906+3.338%GMX0.03907+3.360%gTrade (Gains Network)0.03907+3.369%Deribit0.03908+3.386%Variational Omni0.03909+3.421%Backpack0.03910+3.439%ApeX Omni0.03910+3.439%
Extended
Binance
MEXC
Hyperliquid
Orderly
Lighter
BloFin
Aster
GMX
gTrade (Gains Network)
Deribit
Variational Omni
Backpack
ApeX OmniInjective0.04100+8.466%
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.813% | −1.1192% | 1h | $23K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTXlong | 0.000% | −0.2432% | 1h | $47K | $11K | 25x | |
| KuCoin SUSDTM | +2.230% | +0.0100% | 4h | $1.8M | $3.9M | 50x | as long as short |
| Bybit SUSDT | +2.257% | +0.0100% | 4h | $5.6M | $9.5M | 50x | as long as short |
| Gate S_USDT | +2.257% | +0.0100% | 4h | $325K | $411K | 50x | as long as short |
| OKX S-USDT-SWAP | +2.335% | +0.0092% | 4h | $997K | $12.5M | 20x | as long as short |
| BingX S-USDT | +2.335% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Kraken Futures PF_SUSD | +2.354% | −0.2451% | 1h | $33K | $48K | 10x | as long as short |
| Bitget SUSDT | +2.362% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
| Reya SRUSDPERPshort | +2.362% | −0.0101% | 1h | $4 | — | 15x |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended S-USD | +2.371% | +0.0104% | 1h | $220K | $946K | 10x | as long as short |
| Binance SUSDT | +2.414% | +0.0100% | 4h | $5.3M | $40.5M | 75x | as long as short |
| MEXC S_USDT | +2.414% | +0.0100% | 4h | $3.6M | $3.5M | 200x | as long as short |
| Hyperliquid S | +2.432% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Orderly PERP_S_USDC | +2.440% | −0.0181% | 4h | $103K | $331K | 10x | as long as short |
| Lighter S | +2.467% | +0.0096% | 1h | $164K | $341K | 5x | as long as short |
| BloFin S-USDT | +2.467% | +0.0340% | 4h | $284K | $265K | 75x | as long as short |
| Aster SUSDT | +2.497% | −0.0111% | 4h | $45K | $263K | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +2.519% | L −0.0373% / S +0.0345% | 1h | $1K | — | 100x | as long as short |
| gTrade (Gains Network) S/USD | +2.528% | L +0.0001% / S +0.0006% | 1h | $602 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +2.545% | +0.0006% | 1h | $66K | $11K | 10x | as long as short |
| Variational Omni S | +2.580% | −0.0978% | 4h | $606K | $122K | — | as long as short |
| Backpack S_USDC_PERP | +2.598% | +0.0100% | 1h | $114K | $219K | 5x | as long as short |
| ApeX Omni SUSDT | +2.598% | +0.0100% | 1h | $24K | $503K | 50x | as long as short |
| Injective S/USDC PERP | +7.583% | +0.0033% | 1h | $2K | $161K | 12x | as long as short |