Spread before costs (cost unknown: a leg has no order-book sample)−0.176%
7d average—if it closes, per $10,000$18funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster STABLEUSDT | 0.02524 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $21K | $9K | 20x |
| Short | Bybit STABLEUSDT | 0.02520 | 0.0100 | get 0.0050% / 4h | 2h 42m | $1.5M | $823K | 25x |
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
- −$17.62
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$36.62
- Spread needed to break even
- 0.190%
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 3.96 bp | 35.7 bp −$36 | 232.4 bp −$2,324 | doesn't fit | doesn't fit |
Aster: 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.
STABLE price on every exchange
against the cheapest. Click to use as the short leg.STABLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance STABLEUSDT | −0.265% | +0.0100% | 4h | $2.4M | $2.7M | 75x | as long as short |
| OKX STABLE-USDT-SWAP | −0.255% | +0.0100% | 4h | $212K | $431K | 20x | as long as short |
| MEXC STABLE_USDT | −0.255% | +0.0100% | 4h | $575K | $146K | 20x | as long as short |
| Bitget STABLEUSDT | −0.255% | +0.0100% | 4h | $291K | $125K | 25x | as long as short |
| BingX STABLE-USDT | −0.255% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Hyperliquid STABLE | −0.236% | −0.0021% | 1h | $887K | $256K | 3x | as long as short |
| Extended STABLE-USD | −0.231% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| SunX STABLE-USDT | −0.200% | +0.0100% | 4h | $2K | $582K | 20x | as long as short |
| Bybit STABLEUSDTshort | −0.176% | +0.0100% | 4h | $1.5M | $823K | 25x | |
| BloFin STABLE-USDT | −0.176% | +0.0057% | 4h | $121K | $8K | 75x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate STABLE_USDT | −0.097% | +0.0100% | 4h | $174K | $85K | 50x | as long as short |
| KuCoin STABLEUSDTM | −0.018% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| Aster STABLEUSDTlong | 0.000% | +0.0100% | 4h | $21K | $9K | 20x | |
| Variational Omni STABLE | +0.105% | +0.0100% | 4h | $148K | $51K | — | as long as short |
| Lighter STABLE | +0.442% | +0.0096% | 1h | $117K | $3K | 3x | as long as short |
Aster STABLEUSDT
Bybit STABLEUSDT
Binance
OKX
MEXC
Bitget
BingX
Hyperliquid
Extended
SunX
BloFin
Gate
KuCoin
Variational Omni
Lighter