After costs, if the gap returns to its 7d average, $10k−$457
spread now−0.223%7d average−0.073%fees + slippage, in and out−$442spread needed4.420%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STABLEUSDT | 0.02506 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $1.5M | $828K | 25x |
| Short | Gate STABLE_USDT | 0.02500 | 0.0100 | get 0.0050% / 4h | 1h 55m | $172K | $85K | 50x |
Bybit STABLEUSDT
Gate STABLE_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
- −$22.35
- Funding while held
- $0
- Slippage, 4 orders
- −$415.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$464.31
- Spread needed to break even
- 4.420%
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 37 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 Bybit live order book, 2 min ago | 2.00 bp | 41.6 bp −$42 | 405.8 bp −$4,058 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 5.99 bp | 232.9 bp −$233 | doesn't fit | doesn't fit | doesn't fit |
STABLE price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.02497cheapestOKX0.02500+0.120%
BloFin
OKXGate0.02500+0.120%
Hyperliquid0.02502+0.196%SunX0.02502+0.196%BingX0.02502+0.200%Aster0.02502+0.213%Extended0.02503+0.233%MEXC0.02503+0.240%Variational Omni0.02503+0.247%Binance0.02504+0.268%Bitget0.02504+0.280%
Hyperliquid
SunX
BingX
Aster
Extended
MEXC
Variational Omni
Binance
BitgetBybit0.02506+0.344%
KuCoin0.02507+0.400%Lighter0.02517+0.817%
KuCoin
LighterSTABLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDT | −0.343% | +0.0100% | 4h | $119K | $8K | 75x | as long as short |
| OKX STABLE-USDT-SWAP | −0.223% | +0.0100% | 4h | $207K | $432K | 20x | as long as short |
| Gate STABLE_USDTshort | −0.223% | +0.0100% | 4h | $172K | $85K | 50x | |
| Hyperliquid STABLE | −0.148% | +0.0100% | 1h | $880K | $254K | 3x | as long as short |
| SunX STABLE-USDT | −0.148% | +0.0100% | 4h | $2K | $592K | 20x | as long as short |
| BingX STABLE-USDT | −0.144% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Aster STABLEUSDT | −0.131% | +0.0100% | 4h | $21K | $9K | 20x | as long as short |
| Extended STABLE-USD | −0.111% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| MEXC STABLE_USDT | −0.104% | +0.0100% | 4h | $564K | $144K | 20x | as long as short |
| Variational Omni STABLE | −0.097% | +0.0100% | 4h | $147K | $51K | — | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance STABLEUSDT | −0.076% | +0.0100% | 4h | $2.4M | $2.7M | 75x | as long as short |
| Bitget STABLEUSDT | −0.064% | +0.0100% | 4h | $273K | $122K | 25x | as long as short |
| Bybit STABLEUSDTlong | 0.000% | +0.0100% | 4h | $1.5M | $828K | 25x | |
| KuCoin STABLEUSDTM | +0.056% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| Lighter STABLE | +0.471% | +0.0096% | 1h | $116K | $3K | 3x | as long as short |