Spread before costs (cost unknown: a leg has no order-book sample)+0.002%
7d average—if it closes, per $10,000$0funding while held, a day+$2.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) S/USD | 0.03910 | L +0.0001% / S +0.0006% | pay 0.0000% / 1h | 44m 11s | $602 | — | 150x |
| Short | ApeX Omni SUSDT | 0.03910 | 0.0100 | get 0.0013% / 1h | 44m 11s | $25K | $501K | 50x |
gTrade (Gains Network) S/USD
ApeX Omni SUSDTPrice 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
- $0.15
- Funding while held
- $2.98
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$16.86
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; ApeX Omni: live order book, 65 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0099%
- Per $10,000 a day
- +$2.98
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 65 min ago | 37.55 bp | 64.7 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 Exchange0.03750cheapestCoinbase International0.03811+1.627%Variational Omni0.03894+3.831%BloFin0.03900+4.000%Reya0.03903+4.083%Aster0.03904+4.106%Bitget0.03906+4.160%Kraken Futures0.03907+4.193%Extended0.03908+4.215%Bybit0.03909+4.240%
Coinbase International
Variational Omni
BloFin
Reya
Aster
Bitget
Kraken Futures
Extended
BybitgTrade (Gains Network)0.03910+4.265%
Gate0.03910+4.267%
GateApeX Omni0.03910+4.267%
Orderly0.03910+4.267%GMX0.03911+4.291%Lighter0.03911+4.293%KuCoin0.03911+4.293%BingX0.03911+4.293%Binance0.03913+4.339%OKX0.03913+4.347%MEXC0.03915+4.400%Hyperliquid0.03916+4.413%Deribit0.03917+4.453%Backpack0.03920+4.533%Injective0.04100+9.333%
Orderly
GMX
Lighter
KuCoin
BingX
Binance
OKX
MEXC
Hyperliquid
Deribit
Backpack
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −4.091% | −1.0968% | 1h | $22K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −2.530% | −0.2448% | 1h | $47K | $11K | 25x | as long as short |
| Variational Omni S | −0.416% | −0.0923% | 4h | $605K | $120K | — | as long as short |
| BloFin S-USDT | −0.254% | +0.0340% | 4h | $280K | $265K | 75x | as long as short |
| Reya SRUSDPERP | −0.174% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Aster SUSDT | −0.153% | −0.0098% | 4h | $42K | $266K | 10x | as long as short |
| Bitget SUSDT | −0.101% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
| Kraken Futures PF_SUSD | −0.069% | −0.2926% | 1h | $33K | $48K | 10x | as long as short |
| Extended S-USD | −0.048% | +0.0104% | 1h | $220K | $946K | 10x | as long as short |
| Bybit SUSDT | −0.024% | +0.0100% | 4h | $5.6M | $9.5M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) S/USDlong | 0.000% | L +0.0001% / S +0.0006% | 1h | $602 | — | 150x | |
| Gate S_USDT | +0.002% | +0.0100% | 4h | $326K | $374K | 50x | as long as short |
| ApeX Omni SUSDTshort | +0.002% | +0.0100% | 1h | $25K | $501K | 50x | |
| Orderly PERP_S_USDC | +0.002% | −0.0144% | 4h | $103K | $331K | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.025% | L −0.0377% / S +0.0348% | 1h | $1K | — | 100x | as long as short |
| Lighter S | +0.027% | +0.0096% | 1h | $164K | $324K | 5x | as long as short |
| KuCoin SUSDTM | +0.027% | +0.0100% | 4h | $1.8M | $3.9M | 50x | as long as short |
| BingX S-USDT | +0.027% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Binance SUSDT | +0.071% | +0.0100% | 4h | $5.3M | $40.6M | 75x | as long as short |
| OKX S-USDT-SWAP | +0.078% | +0.0100% | 4h | $997K | $12.5M | 20x | as long as short |
| MEXC S_USDT | +0.129% | +0.0100% | 4h | $3.5M | $3.5M | 200x | as long as short |
| Hyperliquid S | +0.142% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.181% | +0.0772% | 1h | $66K | $11K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.257% | +0.0100% | 1h | $114K | $225K | 5x | as long as short |
| Injective S/USDC PERP | +4.861% | +0.0033% | 1h | $2K | $120K | 12x | as long as short |