After costs, if the gap returns to its 7d average, $10k−$237
spread now−0.078%7d average+0.016%fees + slippage, in and out−$227spread needed2.275%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SUSDTM | 0.03852 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $1.8M | $3.7M | 50x |
| Short | Bybit SUSDT | 0.03849 | 0.0054 | get 0.0027% / 4h | 1h 26m | $5.5M | $9.0M | 50x |
Price 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
- −$7.79
- Funding while held
- −$1.38
- Slippage, 4 orders
- −$204.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$236.63
- Spread needed to break even
- 2.275%
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.38
- 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 KuCoin live order book, 7 min ago | 2.60 bp | 94.5 bp −$95 | 395.1 bp −$3,951 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.60 bp | 31.7 bp −$32 | 82.9 bp −$829 | doesn't fit | doesn't fit |
S price on every exchange
against the cheapest. Click to use as the short leg.S 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 | −0.675% | −0.1824% | 1h | $47K | $10K | 25x | as long as short |
| Variational Omni S | −0.190% | −0.1413% | 4h | $597K | $117K | — | as long as short |
| Bybit SUSDTshort | −0.078% | +0.0054% | 4h | $5.5M | $9.0M | 50x | |
| 01 Exchange SUSD | −0.052% | −0.0072% | 1h | $23K | $3K | 5x | as long as short |
| OKX S-USDT-SWAP | −0.026% | −0.0054% | 4h | $962K | $11.8M | 20x | as long as short |
| Gate S_USDT | −0.026% | +0.0100% | 4h | $315K | $369K | 50x | as long as short |
| KuCoin SUSDTMlong | 0.000% | +0.0100% | 4h | $1.8M | $3.7M | 50x | |
| Extended S-USD | +0.022% | +0.0104% | 1h | $216K | $943K | 10x | as long as short |
| Hyperliquid S | +0.047% | −0.0046% | 1h | $985K | $1.3M | 5x | as long as short |
| BingX S-USDT | +0.052% | +0.0100% | 4h | — | $6.9M | — | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin S-USDT | +0.052% | +0.0340% | 4h | $272K | $259K | 75x | as long as short |
| Reya SRUSDPERP | +0.069% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Binance SUSDT | +0.078% | +0.0100% | 4h | $5.2M | $37.8M | 75x | as long as short |
| Aster SUSDT | +0.095% | −0.0245% | 4h | $42K | $258K | 10x | as long as short |
| Kraken Futures PF_SUSD | +0.101% | −0.2330% | 1h | $33K | $41K | 10x | as long as short |
| MEXC S_USDT | +0.104% | +0.0100% | 4h | $3.5M | $3.4M | 200x | as long as short |
| Bitget SUSDT | +0.130% | +0.0100% | 4h | $1.2M | $4.5M | 50x | as long as short |
| Lighter S | +0.208% | +0.0096% | 1h | $162K | $304K | 5x | as long as short |
| Backpack S_USDC_PERP | +0.208% | +0.0218% | 1h | $116K | $243K | 5x | as long as short |
| ApeX Omni SUSDT | +0.208% | +0.0100% | 1h | $25K | $495K | 50x | as long as short |
| Orderly PERP_S_USDC | +0.208% | −0.0093% | 4h | $102K | $322K | 10x | as long as short |
| gTrade (Gains Network) S/USD | +0.229% | L +0.0001% / S +0.0006% | 1h | $595 | — | 150x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.273% | L −0.0173% / S +0.0169% | 1h | $1K | — | 100x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.286% | +0.0268% | 1h | $65K | $10K | 10x | as long as short |
| Injective S/USDC PERP | +6.438% | +0.0033% | 1h | $2K | $88K | 12x | as long as short |
KuCoin SUSDTM
Bybit SUSDT
Coinbase International
Variational Omni
OKX
Gate
Extended
Hyperliquid
BingX
BloFin
Binance
Aster
Kraken Futures
MEXC
Bitget
Lighter
Backpack
ApeX Omni
gTrade (Gains Network)
GMX
Deribit
Injective