data as of
Settings8H · net · $10k
Price arb /

S

all S markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$108
spread now+0.179%7d average+0.104%fees + slippage, in and out−$115spread needed1.155%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX S-USDT-SWAP0.03903−0.0058get 0.0029% / 4h1h 07m$975K$11.9M20x
ShortBackpack S_USDC_PERP0.039100.0100get 0.0013% / 1h7m 05s$117K$254K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$17.93
Funding while held
$4.75
Slippage, 4 orders
−$95.48
Fee OKX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$92.8
Spread needed to break even
1.155%
Slippage from OKX: live order book, 3 min ago; Backpack: live order book, 28 min ago.

Cost of waiting

funding view
Funding /8h
+0.0158%
Per $10,000 a day
+$4.75
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.28 bp29.5 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 28 min ago12.97 bp18.6 bp −$19doesn't fitdoesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−1.973%−0.1824%1h$47K$9K25xas long as short
Variational Omni S−0.700%−0.1430%4h$603K$117Kas long as short
Bybit SUSDT−0.128%+0.0100%4h$5.6M$9.0M50xas long as short
KuCoin SUSDTM−0.128%+0.0100%4h$1.8M$3.7M50xas long as short
Gate S_USDT−0.102%+0.0100%4h$319K$371K50xas long as short
01 Exchange SUSD−0.077%−0.0064%1h$24K$3K5xas long as short
ApeX Omni SUSDT−0.077%+0.0100%1h$25K$493K50xas long as short
Extended S-USD−0.067%+0.0104%1h$219K$943K10xas long as short
Reya SRUSDPERP−0.061%−0.0101%1h$415xas long as short
BingX S-USDT−0.051%+0.0100%4h$7.0Mas long as short
Show all 25 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid S−0.044%+0.0030%1h$995K$1.3M5xas long as short
MEXC S_USDT−0.026%+0.0100%4h$3.5M$3.4M200xas long as short
Kraken Futures PF_SUSD−0.017%−0.2303%1h$33K$41K10xas long as short
OKX S-USDT-SWAPlong0.000%−0.0058%4h$975K$11.9M20x
Orderly PERP_S_USDC0.000%−0.0093%4h$103K$320K10xas long as short
BloFin S-USDT0.000%+0.0340%4h$274K$262K75xas long as short
Binance SUSDT+0.003%+0.0100%4h$5.3M$37.5M75xas long as short
Aster SUSDT+0.010%−0.0209%4h$42K$258K10xas long as short
gTrade (Gains Network) S/USD+0.076%L +0.0001% / S +0.0006%1h$602150xas long as short
Lighter S+0.077%+0.0096%1h$164K$305K5xas long as short
GMX S/USD [WBTC.b-USDC]+0.079%L −0.0173% / S +0.0169%1h$1K100xas long as short
Bitget SUSDT+0.102%+0.0100%4h$1.2M$4.5M50xas long as short
Deribit S_USDC-PERPETUAL+0.154%+0.0774%1h$66K$10K10xas long as short
Backpack S_USDC_PERPshort+0.179%+0.0100%1h$117K$254K5x
Injective S/USDC PERP+5.047%+0.0033%1h$2K$88K12xas long as short