Spread before costs (cost unknown: a leg has no order-book sample)+0.103%
7d average−0.036%if it closes, per $10,000$10funding while held, a day−$12.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC S_USDT | 0.03890 | 0.0074 | pay 0.0037% / 4h | 2h 34m | $3.9M | $3.6M | 200x |
| Short | Orderly PERP_S_USDC | 0.03894 | −0.0343 | pay 0.0172% / 4h | 2h 34m | $103K | $340K | 10x |
MEXC S_USDT
Orderly PERP_S_USDCPrice 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
- $10.28
- Funding while held
- −$12.51
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$12.23
- Spread needed to break even
- 0.100%
Slippage unknown: MEXC: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0417%
- Per $10,000 a day
- −$12.51
- 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, 9 min ago | 1.27 bp | 5.7 bp −$6 | 36.6 bp −$366 | 262.2 bp −$26.2K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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%Bybit0.03886+3.077%BingX0.03887+3.103%Gate0.03888+3.130%OKX0.03889+3.156%Extended0.03889+3.158%Binance0.03889+3.163%
Coinbase International
Bybit
BingX
Gate
OKX
Extended
BinanceMEXC0.03890+3.183%
KuCoin0.03891+3.210%Bitget0.03891+3.210%Hyperliquid0.03892+3.225%Reya0.03892+3.234%Lighter0.03892+3.236%
KuCoin
Bitget
Hyperliquid
Reya
LighterOrderly0.03894+3.289%
Deribit0.03894+3.289%Variational Omni0.03895+3.308%Kraken Futures0.03895+3.311%Aster0.03895+3.326%BloFin0.03897+3.369%GMX0.03898+3.390%gTrade (Gains Network)0.03898+3.405%Backpack0.03900+3.448%ApeX Omni0.03910+3.714%
Deribit
Variational Omni
Kraken Futures
Aster
BloFin
GMX
gTrade (Gains Network)
Backpack
ApeX OmniInjective0.04100+8.753%
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −3.085% | −1.0920% | 1h | $23K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.283% | −0.2320% | 1h | $48K | $15K | 25x | as long as short |
| Bybit SUSDT | −0.103% | −0.1080% | 4h | $5.6M | $9.7M | 50x | as long as short |
| BingX S-USDT | −0.077% | +0.0100% | 4h | — | $7.1M | — | as long as short |
| Gate S_USDT | −0.051% | +0.0100% | 4h | $328K | $402K | 50x | as long as short |
| OKX S-USDT-SWAP | −0.026% | −0.0060% | 4h | $1.0M | $12.7M | 20x | as long as short |
| Extended S-USD | −0.024% | +0.0080% | 1h | $219K | $940K | 10x | as long as short |
| Binance SUSDT | −0.020% | +0.0077% | 4h | $5.2M | $41.0M | 75x | as long as short |
| MEXC S_USDTlong | 0.000% | +0.0074% | 4h | $3.9M | $3.6M | 200x | |
| KuCoin SUSDTM | +0.026% | −0.0100% | 4h | $1.8M | $4.0M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SUSDT | +0.026% | +0.0100% | 4h | $1.2M | $4.6M | 50x | as long as short |
| Hyperliquid S | +0.041% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Reya SRUSDPERP | +0.050% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Lighter S | +0.051% | +0.0096% | 1h | $161K | $306K | 5x | as long as short |
| Orderly PERP_S_USDCshort | +0.103% | −0.0343% | 4h | $103K | $340K | 10x | |
| Deribit S_USDC-PERPETUAL | +0.103% | −0.0776% | 1h | $65K | $12K | 10x | as long as short |
| Variational Omni S | +0.121% | −0.1623% | 4h | $606K | $131K | — | as long as short |
| Kraken Futures PF_SUSD | +0.124% | −0.1338% | 1h | $35K | $49K | 10x | as long as short |
| Aster SUSDT | +0.138% | −0.0695% | 4h | $43K | $241K | 10x | as long as short |
| BloFin S-USDT | +0.180% | +0.0308% | 4h | $291K | $229K | 75x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.201% | L −0.0341% / S +0.0317% | 1h | $1K | — | 100x | as long as short |
| gTrade (Gains Network) S/USD | +0.215% | L +0.0001% / S +0.0006% | 1h | $2K | — | 150x | as long as short |
| Backpack S_USDC_PERP | +0.257% | +0.0627% | 1h | $113K | $171K | 5x | as long as short |
| ApeX Omni SUSDT | +0.514% | +0.0100% | 1h | $11K | $503K | 50x | as long as short |
| Injective S/USDC PERP | +5.398% | +0.0033% | 1h | $2K | $193K | 12x | as long as short |