Spread before costs (cost unknown: a leg has no order-book sample)+0.100%
7d average—if it closes, per $10,000$10funding while held, a day+$67.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUSD | 0.03886 | −0.2139 | get 0.0267% / 1h | 54m 15s | $33K | $41K | 10x |
| Short | ApeX Omni SUSDT | 0.03890 | 0.0100 | get 0.0013% / 1h | 54m 15s | $25K | $493K | 50x |
Kraken Futures PF_SUSD
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
- $9.96
- Funding while held
- $67.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $57.13
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: no order-book sample; ApeX Omni: live order book, 40 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2239%
- Per $10,000 a day
- +$67.17
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 40 min ago | 26.04 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
Kraken Futures: 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 International0.03826cheapestVariational Omni0.03877+1.321%01 Exchange0.03880+1.411%Gate0.03880+1.411%KuCoin0.03880+1.411%BingX0.03881+1.438%Aster0.03881+1.442%Bybit0.03882+1.464%OKX0.03882+1.464%Reya0.03883+1.492%Extended0.03883+1.499%BloFin0.03884+1.516%Hyperliquid0.03885+1.550%
Coinbase International
Variational Omni
Gate
KuCoin
BingX
Aster
Bybit
OKX
Reya
Extended
BloFin
HyperliquidKraken Futures0.03886+1.572%
Binance0.03886+1.575%MEXC0.03887+1.594%Orderly0.03887+1.594%Bitget0.03889+1.647%gTrade (Gains Network)0.03889+1.659%
Binance
MEXC
Orderly
Bitget
gTrade (Gains Network)ApeX Omni0.03890+1.673%
GMX0.03891+1.694%Lighter0.03891+1.699%Deribit0.03892+1.725%Backpack0.03900+1.934%
GMX
Lighter
Deribit
BackpackInjective0.04100+7.162%
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 | −1.547% | −0.1488% | 1h | $47K | $9K | 25x | as long as short |
| Variational Omni S | −0.246% | −0.1510% | 4h | $604K | $117K | — | as long as short |
| 01 Exchange SUSD | −0.158% | −0.0008% | 1h | $24K | $3K | 5x | as long as short |
| Gate S_USDT | −0.158% | +0.0100% | 4h | $317K | $344K | 50x | as long as short |
| KuCoin SUSDTM | −0.158% | +0.0100% | 4h | $1.8M | $3.6M | 50x | as long as short |
| BingX S-USDT | −0.132% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Aster SUSDT | −0.128% | −0.0237% | 4h | $42K | $258K | 10x | as long as short |
| Bybit SUSDT | −0.106% | +0.0100% | 4h | $5.5M | $8.9M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.106% | −0.0119% | 4h | $971K | $11.8M | 20x | as long as short |
| Reya SRUSDPERP | −0.079% | −0.0101% | 1h | $4 | — | 15x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended S-USD | −0.071% | +0.0104% | 1h | $218K | $941K | 10x | as long as short |
| BloFin S-USDT | −0.055% | +0.0340% | 4h | $274K | $260K | 75x | as long as short |
| Hyperliquid S | −0.021% | +0.0100% | 1h | $990K | $1.3M | 5x | as long as short |
| Kraken Futures PF_SUSDlong | 0.000% | −0.2139% | 1h | $33K | $41K | 10x | |
| Binance SUSDT | +0.004% | +0.0100% | 4h | $5.3M | $37.4M | 75x | as long as short |
| MEXC S_USDT | +0.022% | +0.0100% | 4h | $3.5M | $3.3M | 200x | as long as short |
| Orderly PERP_S_USDC | +0.022% | −0.0093% | 4h | $103K | $320K | 10x | as long as short |
| Bitget SUSDT | +0.074% | +0.0100% | 4h | $1.2M | $4.5M | 50x | as long as short |
| gTrade (Gains Network) S/USD | +0.086% | L +0.0001% / S +0.0006% | 1h | $599 | — | 150x | as long as short |
| ApeX Omni SUSDTshort | +0.100% | +0.0100% | 1h | $25K | $493K | 50x | |
| GMX S/USD [WBTC.b-USDC] | +0.120% | L −0.0387% / S +0.0191% | 1h | $2K | — | 100x | as long as short |
| Lighter S | +0.125% | +0.0096% | 1h | $163K | $278K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.151% | +0.0007% | 1h | $65K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.357% | +0.1537% | 1h | $113K | $257K | 5x | as long as short |
| Injective S/USDC PERP | +5.503% | +0.0033% | 1h | $2K | $37K | 12x | as long as short |