Spread before costs (cost unknown: a leg has no order-book sample)+0.140%
7d average—if it closes, per $10,000$14funding while held, a day+$49.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SUSD | 0.03868 | −0.1660 | get 0.0208% / 1h | 49m 19s | $33K | $43K | 10x |
| Short | gTrade (Gains Network) S/USD | 0.03874 | L +0.0001% / S +0.0006% | pay 0.0001% / 1h | 49m 19s | $597 | — | 150x |
Kraken Futures PF_SUSD
gTrade (Gains Network) S/USDPrice 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
- $14.01
- Funding while held
- $49.63
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $43.65
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1654%
- Per $10,000 a day
- +$49.63
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Kraken Futures and 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.Coinbase International0.03831cheapest01 Exchange0.03860+0.757%Bybit0.03862+0.809%Variational Omni0.03863+0.840%KuCoin0.03864+0.861%OKX0.03866+0.914%Reya0.03867+0.930%Aster0.03867+0.939%BingX0.03867+0.940%Extended0.03868+0.954%Binance0.03868+0.966%Gate0.03868+0.966%MEXC0.03868+0.966%BloFin0.03868+0.966%Hyperliquid0.03868+0.968%
Coinbase International
Bybit
Variational Omni
KuCoin
OKX
Reya
Aster
BingX
Extended
Binance
Gate
MEXC
BloFin
HyperliquidKraken Futures0.03868+0.971%
Backpack0.03870+1.018%ApeX Omni0.03870+1.018%Orderly0.03870+1.018%Bitget0.03872+1.070%
Backpack
ApeX Omni
Orderly
BitgetgTrade (Gains Network)0.03874+1.113%
Lighter0.03874+1.122%GMX0.03875+1.146%Deribit0.03875+1.149%
Lighter
GMX
DeribitInjective0.04100+7.022%
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 | −0.962% | −0.2080% | 1h | $47K | $10K | 25x | as long as short |
| 01 Exchange SUSD | −0.212% | −0.0144% | 1h | $23K | $3K | 5x | as long as short |
| Bybit SUSDT | −0.161% | +0.0100% | 4h | $5.6M | $9.1M | 50x | as long as short |
| Variational Omni S | −0.130% | −0.0853% | 4h | $600K | $121K | — | as long as short |
| KuCoin SUSDTM | −0.109% | +0.0100% | 4h | $1.8M | $3.8M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.057% | +0.0100% | 4h | $978K | $11.9M | 20x | as long as short |
| Reya SRUSDPERP | −0.041% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Aster SUSDT | −0.032% | −0.0106% | 4h | $42K | $260K | 10x | as long as short |
| BingX S-USDT | −0.031% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Extended S-USD | −0.017% | +0.0104% | 1h | $217K | $947K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance SUSDT | −0.005% | +0.0100% | 4h | $5.3M | $38.8M | 75x | as long as short |
| Gate S_USDT | −0.005% | +0.0100% | 4h | $321K | $362K | 50x | as long as short |
| MEXC S_USDT | −0.005% | +0.0100% | 4h | $3.6M | $3.4M | 200x | as long as short |
| BloFin S-USDT | −0.005% | +0.0340% | 4h | $280K | $259K | 75x | as long as short |
| Hyperliquid S | −0.003% | +0.0100% | 1h | $1.0M | $1.4M | 5x | as long as short |
| Kraken Futures PF_SUSDlong | 0.000% | −0.1660% | 1h | $33K | $43K | 10x | |
| Backpack S_USDC_PERP | +0.046% | +0.0100% | 1h | $113K | $228K | 5x | as long as short |
| ApeX Omni SUSDT | +0.046% | +0.0100% | 1h | $25K | $501K | 50x | as long as short |
| Orderly PERP_S_USDC | +0.046% | −0.0108% | 4h | $102K | $328K | 10x | as long as short |
| Bitget SUSDT | +0.098% | +0.0100% | 4h | $1.1M | $4.6M | 50x | as long as short |
| gTrade (Gains Network) S/USDshort | +0.140% | L +0.0001% / S +0.0006% | 1h | $597 | — | 150x | |
| Lighter S | +0.150% | +0.0096% | 1h | $163K | $309K | 5x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.173% | L −0.0327% / S +0.0305% | 1h | $1K | — | 100x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.176% | 0.0000% | 1h | $65K | $11K | 10x | as long as short |
| Injective S/USDC PERP | +5.992% | +0.0033% | 1h | $2K | $120K | 12x | as long as short |