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

S

all S markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.008%
7d average+0.055%if it closes, per $10,000$1funding while held, a day+$47.13
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni S0.03885−0.1467get 0.0734% / 4h58m 23s$605K$117K
ShortExtended S-USD0.038850.0104get 0.0013% / 1h58m 23s$219K$941K10x

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
$0.81
Funding while held
$47.13
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$42.95
Spread needed to break even
0.050%
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; Extended: live order book, 36 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.1571%
Per $10,000 a day
+$47.13
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 Variational Omni RFQ quote, 37 min ago6.50 bpdoesn't fit118.4 bp −$1,184doesn't fitdoesn't fit
Sell Extended live order book, 36 min ago3.91 bp27.4 bp −$27262.7 bp −$2,627doesn'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−1.508%−0.1488%1h$47K$9K25xas long as short
01 Exchange SUSD−0.118%+0.0008%1h$24K$3K5xas long as short
OKX S-USDT-SWAP−0.041%−0.0112%4h$971K$11.8M20xas long as short
KuCoin SUSDTM−0.041%+0.0100%4h$1.8M$3.7M50xas long as short
Bybit SUSDT−0.015%+0.0100%4h$5.5M$8.9M50xas long as short
Reya SRUSDPERP0.000%−0.0101%1h$415xas long as short
Variational Omni Slong0.000%−0.1467%4h$605K$117K
Extended S-USDshort+0.008%+0.0104%1h$219K$941K10x
BingX S-USDT+0.010%+0.0100%4h$6.9Mas long as short
Aster SUSDT+0.054%−0.0229%4h$42K$258K10xas long as short
Show all 25 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid S+0.054%+0.0100%1h$990K$1.3M5xas long as short
Binance SUSDT+0.062%+0.0100%4h$5.3M$37.4M75xas long as short
BloFin S-USDT+0.062%+0.0340%4h$274K$261K75xas long as short
MEXC S_USDT+0.088%+0.0100%4h$3.5M$3.3M200xas long as short
Kraken Futures PF_SUSD+0.100%−0.2138%1h$33K$41K10xas long as short
Orderly PERP_S_USDC+0.113%−0.0093%4h$103K$320K10xas long as short
Gate S_USDT+0.165%+0.0100%4h$318K$344K50xas long as short
GMX S/USD [WBTC.b-USDC]+0.183%L −0.0387% / S +0.0191%1h$2K100xas long as short
gTrade (Gains Network) S/USD+0.202%L +0.0001% / S +0.0006%1h$600150xas long as short
Lighter S+0.216%+0.0096%1h$163K$278K5xas long as short
Bitget SUSDT+0.242%+0.0100%4h$1.2M$4.5M50xas long as short
Deribit S_USDC-PERPETUAL+0.268%+0.0264%1h$65K$10K10xas long as short
Backpack S_USDC_PERP+0.397%+0.0847%1h$116K$255K5xas long as short
ApeX Omni SUSDT+0.397%+0.0100%1h$25K$494K50xas long as short
Injective S/USDC PERP+5.545%+0.0033%1h$2K$37K12xas long as short