Spread before costs (cost unknown: a leg has no order-book sample)+0.129%
7d average—if it closes, per $10,000$13funding while held, a day+$380.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03870 | −1.2416 | get 0.1552% / 1h | 21m 20s | $23K | $3K | 5x |
| Short | Deribit S_USDC-PERPETUAL | 0.03875 | 0.0266 | get 0.0033% / 1h | 21m 20s | $65K | $11K | 10x |
Deribit S_USDC-PERPETUALPrice 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
- $12.92
- Funding while held
- $380.47
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $379.39
- Spread needed to break even
- 0.140%
Slippage unknown: 01 Exchange: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +1.2682%
- Per $10,000 a day
- +$380.47
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
01 Exchange and Deribit: 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.Bybit0.03861cheapestOKX0.03863+0.052%Coinbase International0.03863+0.052%Reya0.03865+0.098%Gate0.03865+0.104%KuCoin0.03865+0.104%Extended0.03866+0.123%BingX0.03866+0.130%Binance0.03867+0.158%Bitget0.03868+0.181%Kraken Futures0.03868+0.182%Hyperliquid0.03868+0.189%Orderly0.03869+0.207%MEXC0.03871+0.259%GMX0.03873+0.306%Lighter0.03873+0.311%gTrade (Gains Network)0.03873+0.315%
Bybit
OKX
Coinbase International
Reya
Gate
KuCoin
Extended
BingX
Binance
Bitget
Kraken Futures
Hyperliquid
Orderly
MEXC
GMX
Lighter
gTrade (Gains Network)Deribit0.03875+0.363%
Aster0.03876+0.382%Backpack0.03880+0.492%BloFin0.03880+0.492%Variational Omni0.03891+0.766%ApeX Omni0.03900+1.010%
Aster
Backpack
BloFin
Variational Omni
ApeX OmniInjective0.04100+6.190%
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SUSDT | −0.233% | +0.0100% | 4h | $5.6M | $9.5M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.181% | +0.0100% | 4h | $981K | $12.3M | 20x | as long as short |
| Coinbase International S-PERP-INTX | −0.181% | −0.2448% | 1h | $48K | $11K | 25x | as long as short |
| Reya SRUSDPERP | −0.135% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Gate S_USDT | −0.129% | +0.0100% | 4h | $322K | $374K | 50x | as long as short |
| KuCoin SUSDTM | −0.129% | +0.0100% | 4h | $1.8M | $3.8M | 50x | as long as short |
| Extended S-USD | −0.110% | +0.0104% | 1h | $217K | $947K | 10x | as long as short |
| BingX S-USDT | −0.103% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Binance SUSDT | −0.075% | +0.0100% | 4h | $5.3M | $40.5M | 75x | as long as short |
| Bitget SUSDT | −0.052% | +0.0100% | 4h | $1.1M | $4.7M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.051% | −0.2956% | 1h | $33K | $48K | 10x | as long as short |
| Hyperliquid S | −0.044% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Orderly PERP_S_USDC | −0.026% | −0.0129% | 4h | $102K | $330K | 10x | as long as short |
| 01 Exchange SUSDlong | 0.000% | −1.2416% | 1h | $23K | $3K | 5x | |
| MEXC S_USDT | +0.026% | +0.0100% | 4h | $3.5M | $3.5M | 200x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.072% | L −0.0374% / S +0.0346% | 1h | $1K | — | 100x | as long as short |
| Lighter S | +0.078% | +0.0096% | 1h | $163K | $324K | 5x | as long as short |
| gTrade (Gains Network) S/USD | +0.081% | L +0.0001% / S +0.0006% | 1h | $597 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUALshort | +0.129% | +0.0266% | 1h | $65K | $11K | 10x | |
| Aster SUSDT | +0.149% | −0.0105% | 4h | $42K | $266K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.258% | +0.0100% | 1h | $113K | $227K | 5x | as long as short |
| BloFin S-USDT | +0.258% | +0.0340% | 4h | $281K | $263K | 75x | as long as short |
| Variational Omni S | +0.531% | −0.0822% | 4h | $606K | $121K | — | as long as short |
| ApeX Omni SUSDT | +0.775% | +0.0100% | 1h | $23K | $500K | 50x | as long as short |
| Injective S/USDC PERP | +5.943% | +0.0033% | 1h | $2K | $120K | 12x | as long as short |