Spread before costs (cost unknown: a leg has no order-book sample)+3.776%
7d average—if it closes, per $10,000$378funding while held, a day+$366.60
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03840 | −1.2120 | get 0.1515% / 1h | 44m 43s | $23K | $3K | 5x |
| Short | MEXC S_USDT | 0.03985 | 0.0100 | get 0.0050% / 4h | 44m 43s | $3.7M | $3.5M | 200x |
MEXC S_USDTPrice 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
- $377.6
- Funding while held
- $366.6
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $733.2
- Spread needed to break even
- 0.110%
Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +1.2220%
- Per $10,000 a day
- +$366.60
- 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 MEXC live order book, 3 min ago | 2.51 bp | 5.6 bp −$6 | 32.0 bp −$320 | 245.2 bp −$24.5K | doesn't fit |
01 Exchange: 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.Coinbase International0.03811cheapestKuCoin0.03978+4.382%Gate0.03979+4.408%Kraken Futures0.03980+4.425%Bybit0.03980+4.435%Reya0.03980+4.443%BingX0.03981+4.461%OKX0.03983+4.513%Orderly0.03983+4.513%Extended0.03983+4.513%
Coinbase International
KuCoin
Gate
Kraken Futures
Bybit
Reya
BingX
OKX
Orderly
ExtendedMEXC0.03985+4.566%
Bitget0.03985+4.566%Binance0.03985+4.570%GMX0.03985+4.574%Variational Omni0.03987+4.606%gTrade (Gains Network)0.03987+4.609%Hyperliquid0.03988+4.655%Lighter0.03989+4.671%Deribit0.03989+4.671%Backpack0.03990+4.697%Aster0.03990+4.710%BloFin0.03993+4.776%ApeX Omni0.04000+4.959%
Bitget
Binance
GMX
Variational Omni
gTrade (Gains Network)
Hyperliquid
Lighter
Deribit
Backpack
Aster
BloFin
ApeX OmniInjective0.04100+7.583%
InjectiveS 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 | −0.755% | −0.2432% | 1h | $47K | $12K | 25x | as long as short |
| 01 Exchange SUSDlong | 0.000% | −1.2120% | 1h | $23K | $3K | 5x | |
| KuCoin SUSDTM | +3.594% | +0.0100% | 4h | $1.9M | $3.9M | 50x | as long as short |
| Gate S_USDT | +3.620% | +0.0100% | 4h | $334K | $400K | 50x | as long as short |
| Kraken Futures PF_SUSD | +3.636% | −0.2402% | 1h | $34K | $48K | 10x | as long as short |
| Bybit SUSDT | +3.646% | +0.0100% | 4h | $5.7M | $9.5M | 50x | as long as short |
| Reya SRUSDPERP | +3.654% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| BingX S-USDT | +3.672% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| OKX S-USDT-SWAP | +3.724% | +0.0100% | 4h | $1.0M | $12.8M | 20x | as long as short |
| Orderly PERP_S_USDC | +3.724% | −0.0190% | 4h | $105K | $334K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended S-USD | +3.724% | +0.0104% | 1h | $224K | $946K | 10x | as long as short |
| MEXC S_USDTshort | +3.776% | +0.0100% | 4h | $3.7M | $3.5M | 200x | |
| Bitget SUSDT | +3.776% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
| Binance SUSDT | +3.780% | +0.0100% | 4h | $5.4M | $40.7M | 75x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +3.784% | L −0.0376% / S +0.0347% | 1h | $1K | — | 100x | as long as short |
| Variational Omni S | +3.816% | −0.1030% | 4h | $620K | $121K | — | as long as short |
| gTrade (Gains Network) S/USD | +3.819% | L +0.0001% / S +0.0006% | 1h | $614 | — | 150x | as long as short |
| Hyperliquid S | +3.865% | +0.0100% | 1h | $1.1M | $1.5M | 5x | as long as short |
| Lighter S | +3.880% | +0.0096% | 1h | $167K | $332K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +3.880% | +0.0001% | 1h | $67K | $12K | 10x | as long as short |
| Backpack S_USDC_PERP | +3.906% | +0.0599% | 1h | $116K | $214K | 5x | as long as short |
| Aster SUSDT | +3.919% | −0.0131% | 4h | $48K | $262K | 10x | as long as short |
| BloFin S-USDT | +3.984% | +0.0340% | 4h | $291K | $260K | 75x | as long as short |
| ApeX Omni SUSDT | +4.167% | +0.0100% | 1h | $25K | $500K | 50x | as long as short |
| Injective S/USDC PERP | +6.771% | +0.0033% | 1h | $2K | $161K | 12x | as long as short |