After costs, if the gap returns to its 7d average, $10k−$116
spread now+0.126%7d average+0.116%fees + slippage, in and out−$117spread needed1.174%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STABLEUSDT | 0.02499 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2.4M | $2.7M | 75x |
| Short | Bybit STABLEUSDT | 0.02502 | 0.0100 | get 0.0050% / 4h | 1h 56m | $1.5M | $828K | 25x |
Binance STABLEUSDT
Bybit STABLEUSDTPrice 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
- $12.61
- Funding while held
- $0
- Slippage, 4 orders
- −$96.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$104.79
- Spread needed to break even
- 1.174%
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 1 min ago.
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 Binance live order book, 10 min ago | 2.00 bp | 24.7 bp −$25 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.00 bp | 36.3 bp −$36 | 200.4 bp −$2,004 | doesn't fit | doesn't fit |
STABLE price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.02494cheapestBloFin0.02497+0.131%Gate0.02498+0.171%Aster0.02498+0.178%Extended0.02499+0.203%BingX0.02499+0.211%
Variational Omni
BloFin
Gate
Aster
Extended
BingXBinance0.02499+0.213%
Hyperliquid0.02500+0.251%OKX0.02500+0.251%SunX0.02500+0.251%MEXC0.02501+0.291%Bitget0.02502+0.331%
Hyperliquid
OKX
SunX
MEXC
BitgetBybit0.02502+0.339%
KuCoin0.02504+0.412%Lighter0.02516+0.873%
KuCoin
LighterSTABLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni STABLE | −0.213% | +0.0100% | 4h | $146K | $51K | — | as long as short |
| BloFin STABLE-USDT | −0.082% | +0.0100% | 4h | $119K | $8K | 75x | as long as short |
| Gate STABLE_USDT | −0.042% | +0.0100% | 4h | $173K | $85K | 50x | as long as short |
| Aster STABLEUSDT | −0.035% | +0.0100% | 4h | $21K | $9K | 20x | as long as short |
| Extended STABLE-USD | −0.010% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| BingX STABLE-USDT | −0.002% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Binance STABLEUSDTlong | 0.000% | +0.0100% | 4h | $2.4M | $2.7M | 75x | |
| Hyperliquid STABLE | +0.038% | +0.0100% | 1h | $879K | $254K | 3x | as long as short |
| OKX STABLE-USDT-SWAP | +0.038% | +0.0100% | 4h | $206K | $432K | 20x | as long as short |
| SunX STABLE-USDT | +0.038% | +0.0100% | 4h | $2K | $592K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC STABLE_USDT | +0.078% | +0.0100% | 4h | $564K | $144K | 20x | as long as short |
| Bitget STABLEUSDT | +0.118% | +0.0100% | 4h | $272K | $122K | 25x | as long as short |
| Bybit STABLEUSDTshort | +0.126% | +0.0100% | 4h | $1.5M | $828K | 25x | |
| KuCoin STABLEUSDTM | +0.198% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| Lighter STABLE | +0.658% | +0.0096% | 1h | $116K | $3K | 3x | as long as short |