Spread before costs (cost unknown: a leg has no order-book sample)+0.025%
7d average−0.015%if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit STABLEUSDT | 0.02500 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $1.5M | $830K | 25x |
| Short | Variational Omni STABLE | 0.02501 | 0.0100 | get 0.0050% / 4h | 1h 38m | $147K | $51K | — |
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
- $2.45
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.55
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 32 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 Bybit live order book, 4 min ago | 2.00 bp | 32.9 bp −$33 | 385.0 bp −$3,850 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 32 min ago | 8.02 bp | doesn't fit | 184.4 bp −$1,844 | 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 | |
|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDT | −0.080% | +0.0040% | 4h | $118K | $8K | 75x | as long as short |
| Extended STABLE-USD | −0.047% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| Aster STABLEUSDT | −0.046% | +0.0100% | 4h | $21K | $6K | 20x | as long as short |
| Gate STABLE_USDT | −0.040% | +0.0100% | 4h | $174K | $87K | 50x | as long as short |
| Hyperliquid STABLE | −0.036% | +0.0079% | 1h | $879K | $253K | 3x | as long as short |
| Binance STABLEUSDT | 0.000% | +0.0100% | 4h | $2.4M | $2.7M | 75x | as long as short |
| Bybit STABLEUSDTlong | 0.000% | +0.0100% | 4h | $1.5M | $830K | 25x | |
| Variational Omni STABLEshort | +0.025% | +0.0100% | 4h | $147K | $51K | — | |
| MEXC STABLE_USDT | +0.040% | +0.0100% | 4h | $564K | $145K | 20x | as long as short |
| OKX STABLE-USDT-SWAP | +0.080% | +0.0100% | 4h | $207K | $433K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | +0.080% | +0.0100% | 4h | $277K | $126K | 25x | as long as short |
| BingX STABLE-USDT | +0.080% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| SunX STABLE-USDT | +0.112% | +0.0100% | 4h | $2K | $600K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.160% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| Lighter STABLE | +0.588% | +0.0096% | 1h | $116K | $3K | 3x | as long as short |
Bybit STABLEUSDT
Variational Omni STABLE
BloFin
Extended
Aster
Gate
Hyperliquid
Binance
MEXC
OKX
Bitget
BingX
SunX
KuCoin
Lighter