Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average−0.078%if it closes, per $10,000$2funding while held, a day−$3.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STABLEUSDT | 0.02518 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $1.5M | $824K | 25x |
| Short | Hyperliquid STABLE | 0.02518 | −0.0021 | pay 0.0003% / 1h | 41m 59s | $887K | $256K | 3x |
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
- $1.99
- Funding while held
- −$3.62
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$21.64
- Spread needed to break even
- 0.200%
Slippage unknown: Bybit: live order book, 1 min ago; Hyperliquid: live order book, 30 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0121%
- Per $10,000 a day
- −$3.62
- 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, 1 min ago | 3.97 bp | 46.2 bp −$46 | 423.9 bp −$4,239 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 30 min ago | 1.19 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| OKX STABLE-USDT-SWAP | −0.119% | +0.0100% | 4h | $211K | $430K | 20x | as long as short |
| Binance STABLEUSDT | −0.090% | +0.0100% | 4h | $2.4M | $2.7M | 75x | as long as short |
| MEXC STABLE_USDT | −0.040% | +0.0100% | 4h | $574K | $146K | 20x | as long as short |
| Bitget STABLEUSDT | −0.040% | +0.0100% | 4h | $290K | $125K | 25x | as long as short |
| Extended STABLE-USD | −0.015% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| Bybit STABLEUSDTlong | 0.000% | +0.0100% | 4h | $1.5M | $824K | 25x | |
| BingX STABLE-USDT | 0.000% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Hyperliquid STABLEshort | +0.020% | −0.0021% | 1h | $887K | $256K | 3x | |
| KuCoin STABLEUSDTM | +0.040% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| SunX STABLE-USDT | +0.056% | +0.0100% | 4h | $2K | $582K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDT | +0.079% | +0.0057% | 4h | $121K | $8K | 75x | as long as short |
| Gate STABLE_USDT | +0.159% | +0.0100% | 4h | $174K | $85K | 50x | as long as short |
| Aster STABLEUSDT | +0.228% | +0.0100% | 4h | $21K | $9K | 20x | as long as short |
| Variational Omni STABLE | +0.361% | +0.0100% | 4h | $148K | $51K | — | as long as short |
| Lighter STABLE | +0.699% | +0.0096% | 1h | $117K | $3K | 3x | as long as short |
Bybit STABLEUSDT
Hyperliquid STABLE
OKX
Binance
MEXC
Bitget
Extended
BingX
KuCoin
SunX
BloFin
Gate
Aster
Variational Omni
Lighter