After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.258%7d average−0.081%fees + slippage, in and out−$49spread needed0.487%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC S_USDT | 0.03874 | 0.0072 | pay 0.0036% / 4h | 2h 31m | $3.7M | $3.6M | 200x |
| Short | BloFin S-USDT | 0.03884 | 0.0298 | get 0.0149% / 4h | 2h 31m | $286K | $228K | 75x |
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
- $25.81
- Funding while held
- $6.79
- Slippage, 4 orders
- −$32.72
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.12
- Spread needed to break even
- 0.487%
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0226%
- Per $10,000 a day
- +$6.79
- 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 MEXC live order book, 3 min ago | 2.58 bp | 4.7 bp −$5 | 43.2 bp −$432 | 258.3 bp −$25.8K | doesn't fit |
| Sell BloFin live order book, 22 min ago | 1.26 bp | 25.9 bp −$26 | 55.3 bp −$553 | 163.0 bp −$16.3K | 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 | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −2.943% | −1.0816% | 1h | $22K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.620% | −0.2320% | 1h | $48K | $15K | 25x | as long as short |
| Bybit SUSDT | −0.103% | −0.0946% | 4h | $5.6M | $9.7M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.077% | −0.0049% | 4h | $1.0M | $12.6M | 20x | as long as short |
| Extended S-USD | −0.049% | +0.0072% | 1h | $218K | $940K | 10x | as long as short |
| Reya SRUSDPERP | −0.045% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Binance SUSDT | 0.000% | +0.0075% | 4h | $5.2M | $40.8M | 75x | as long as short |
| MEXC S_USDTlong | 0.000% | +0.0072% | 4h | $3.7M | $3.6M | 200x | |
| Bitget SUSDT | 0.000% | +0.0100% | 4h | $1.2M | $4.6M | 50x | as long as short |
| BingX S-USDT | 0.000% | +0.0100% | 4h | — | $7.0M | — | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SUSDTM | +0.026% | −0.0076% | 4h | $1.8M | $4.0M | 50x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.026% | −0.1039% | 1h | $65K | $12K | 10x | as long as short |
| Lighter S | +0.052% | +0.0096% | 1h | $161K | $306K | 5x | as long as short |
| Gate S_USDT | +0.052% | +0.0100% | 4h | $327K | $403K | 50x | as long as short |
| Orderly PERP_S_USDC | +0.052% | −0.0338% | 4h | $102K | $340K | 10x | as long as short |
| Hyperliquid S | +0.070% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.114% | L −0.0342% / S +0.0318% | 1h | $1K | — | 100x | as long as short |
| Kraken Futures PF_SUSD | +0.165% | −0.1343% | 1h | $35K | $49K | 10x | as long as short |
| gTrade (Gains Network) S/USD | +0.166% | L +0.0001% / S +0.0006% | 1h | $598 | — | 150x | as long as short |
| Aster SUSDT | +0.231% | −0.0697% | 4h | $43K | $241K | 10x | as long as short |
| BloFin S-USDTshort | +0.258% | +0.0298% | 4h | $286K | $228K | 75x | |
| Backpack S_USDC_PERP | +0.413% | +0.0512% | 1h | $113K | $171K | 5x | as long as short |
| ApeX Omni SUSDT | +0.413% | +0.0100% | 1h | $11K | $503K | 50x | as long as short |
| Variational Omni S | +0.534% | −0.1623% | 4h | $606K | $131K | — | as long as short |
| Injective S/USDC PERP | +5.834% | +0.0033% | 1h | $2K | $193K | 12x | as long as short |
MEXC S_USDT
BloFin S-USDT
Coinbase International
Bybit
OKX
Extended
Binance
Bitget
BingX
KuCoin
Deribit
Lighter
Gate
Hyperliquid
GMX
Kraken Futures
gTrade (Gains Network)
Aster
Backpack
ApeX Omni
Variational Omni
Injective