Spread before costs (cost unknown: a leg has no order-book sample)+0.186%
7d average−0.098%if it closes, per $10,000$19funding while held, a day−$40.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX S-USDT-SWAP | 0.03840 | −0.0024 | get 0.0012% / 4h | 1h 35m | $960K | $11.8M | 20x |
| Short | Variational Omni S | 0.03847 | −0.1380 | pay 0.0690% / 4h | 1h 35m | $599K | $117K | — |
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
- $18.58
- Funding while held
- −$40.67
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$32.09
- Spread needed to break even
- 0.100%
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1356%
- Per $10,000 a day
- −$40.67
- 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 OKX live order book, 5 min ago | 1.30 bp | 25.6 bp −$26 | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 6.50 bp | doesn't fit | 61.1 bp −$611 | 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 | −0.365% | −0.1824% | 1h | $47K | $10K | 25x | as long as short |
| Bybit SUSDT | −0.052% | 0.0000% | 4h | $5.5M | $9.0M | 50x | as long as short |
| OKX S-USDT-SWAPlong | 0.000% | −0.0024% | 4h | $960K | $11.8M | 20x | |
| 01 Exchange SUSD | 0.000% | −0.0096% | 1h | $23K | $3K | 5x | as long as short |
| Extended S-USD | +0.023% | +0.0104% | 1h | $216K | $944K | 10x | as long as short |
| Gate S_USDT | +0.052% | +0.0100% | 4h | $314K | $369K | 50x | as long as short |
| Reya SRUSDPERP | +0.102% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| BingX S-USDT | +0.104% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Binance SUSDT | +0.116% | +0.0100% | 4h | $5.2M | $38.0M | 75x | as long as short |
| Hyperliquid S | +0.130% | −0.0057% | 1h | $982K | $1.3M | 5x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SUSDTM | +0.130% | +0.0100% | 4h | $1.8M | $3.7M | 50x | as long as short |
| Bitget SUSDT | +0.130% | +0.0100% | 4h | $1.1M | $4.5M | 50x | as long as short |
| MEXC S_USDT | +0.156% | +0.0100% | 4h | $3.4M | $3.4M | 200x | as long as short |
| BloFin S-USDT | +0.156% | +0.0340% | 4h | $272K | $259K | 75x | as long as short |
| Kraken Futures PF_SUSD | +0.176% | −0.2336% | 1h | $33K | $41K | 10x | as long as short |
| Variational Omni Sshort | +0.186% | −0.1380% | 4h | $599K | $117K | — | |
| Orderly PERP_S_USDC | +0.208% | −0.0098% | 4h | $102K | $323K | 10x | as long as short |
| Lighter S | +0.286% | +0.0096% | 1h | $162K | $304K | 5x | as long as short |
| Aster SUSDT | +0.286% | −0.0257% | 4h | $42K | $258K | 10x | as long as short |
| gTrade (Gains Network) S/USD | +0.304% | L +0.0001% / S +0.0006% | 1h | $594 | — | 150x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.305% | L −0.0173% / S +0.0169% | 1h | $1K | — | 100x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.313% | 0.0000% | 1h | $65K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.521% | +0.0799% | 1h | $116K | $242K | 5x | as long as short |
| ApeX Omni SUSDT | +0.521% | +0.0100% | 1h | $25K | $496K | 50x | as long as short |
| Injective S/USDC PERP | +6.771% | +0.0033% | 1h | $2K | $88K | 12x | as long as short |
OKX S-USDT-SWAP
Variational Omni S
Coinbase International
Bybit
Extended
Gate
BingX
Binance
Hyperliquid
KuCoin
Bitget
MEXC
BloFin
Kraken Futures
Lighter
Aster
gTrade (Gains Network)
GMX
Deribit
Backpack
ApeX Omni
Injective