Spread before costs (cost unknown: a leg has no order-book sample)+5.317%
7d average−0.293%if it closes, per $10,000$532funding while held, a day−$1.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC S_USDT | 0.03893 | 0.0074 | pay 0.0037% / 4h | 2h 35m | $3.9M | $3.6M | 200x |
| Short | Injective S/USDC PERP | 0.04100 | 0.0033 | get 0.0004% / 1h | 35m 29s | $2K | $193K | 12x |
MEXC S_USDT
Injective S/USDC PERPPrice 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
- $531.72
- Funding while held
- −$1.22
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $526.48
- Spread needed to break even
- 0.040%
Slippage unknown: MEXC: live order book, 8 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.22
- 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, 8 min ago | 1.27 bp | 5.7 bp −$6 | 36.6 bp −$366 | 262.2 bp −$26.2K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 Exchange0.03770cheapestCoinbase International0.03879+2.891%Reya0.03892+3.234%Binance0.03892+3.236%Bybit0.03892+3.236%OKX0.03893+3.263%
Coinbase International
Reya
Binance
Bybit
OKXMEXC0.03893+3.263%
Extended0.03893+3.271%KuCoin0.03894+3.289%Bitget0.03894+3.289%Variational Omni0.03895+3.308%Hyperliquid0.03895+3.316%Gate0.03895+3.316%Orderly0.03897+3.369%GMX0.03898+3.390%Lighter0.03898+3.395%BingX0.03898+3.395%Deribit0.03898+3.395%gTrade (Gains Network)0.03898+3.405%Kraken Futures0.03902+3.513%Aster0.03903+3.522%BloFin0.03903+3.528%Backpack0.03910+3.714%ApeX Omni0.03910+3.714%
Extended
KuCoin
Bitget
Variational Omni
Hyperliquid
Gate
Orderly
GMX
Lighter
BingX
Deribit
gTrade (Gains Network)
Kraken Futures
Aster
BloFin
Backpack
ApeX OmniInjective0.04100+8.753%
S on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −3.160% | −1.0920% | 1h | $23K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.360% | −0.2320% | 1h | $48K | $15K | 25x | as long as short |
| Reya SRUSDPERP | −0.027% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Binance SUSDT | −0.026% | +0.0077% | 4h | $5.2M | $40.9M | 75x | as long as short |
| Bybit SUSDT | −0.026% | −0.1080% | 4h | $5.6M | $9.7M | 50x | as long as short |
| OKX S-USDT-SWAP | 0.000% | −0.0060% | 4h | $1.0M | $12.7M | 20x | as long as short |
| MEXC S_USDTlong | 0.000% | +0.0074% | 4h | $3.9M | $3.6M | 200x | |
| Extended S-USD | +0.009% | +0.0072% | 1h | $219K | $940K | 10x | as long as short |
| KuCoin SUSDTM | +0.026% | −0.0100% | 4h | $1.8M | $4.0M | 50x | as long as short |
| Bitget SUSDT | +0.026% | +0.0100% | 4h | $1.2M | $4.6M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni S | +0.044% | −0.1623% | 4h | $606K | $131K | — | as long as short |
| Hyperliquid S | +0.051% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Gate S_USDT | +0.051% | +0.0100% | 4h | $329K | $402K | 50x | as long as short |
| Orderly PERP_S_USDC | +0.103% | −0.0344% | 4h | $103K | $340K | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.123% | L −0.0341% / S +0.0317% | 1h | $1K | — | 100x | as long as short |
| Lighter S | +0.128% | +0.0096% | 1h | $161K | $306K | 5x | as long as short |
| BingX S-USDT | +0.128% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Deribit S_USDC-PERPETUAL | +0.128% | −0.0775% | 1h | $66K | $12K | 10x | as long as short |
| gTrade (Gains Network) S/USD | +0.138% | L +0.0001% / S +0.0006% | 1h | $2K | — | 150x | as long as short |
| Kraken Futures PF_SUSD | +0.243% | −0.1335% | 1h | $35K | $49K | 10x | as long as short |
| Aster SUSDT | +0.251% | −0.0695% | 4h | $43K | $241K | 10x | as long as short |
| BloFin S-USDT | +0.257% | +0.0300% | 4h | $291K | $229K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.437% | +0.0600% | 1h | $114K | $170K | 5x | as long as short |
| ApeX Omni SUSDT | +0.437% | +0.0100% | 1h | $11K | $503K | 50x | as long as short |
| Injective S/USDC PERPshort | +5.317% | +0.0033% | 1h | $2K | $193K | 12x |