Spread before costs (cost unknown: a leg has no order-book sample)+0.012%
7d average—if it closes, per $10,000$1funding while held, a day−$83.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TUSDT | 0.005149 | −0.0879 | get 0.0440% / 4h | 43m 44s | $3.3M | $11.4M | 50x |
| Short | Kraken Futures PF_TUSD | 0.005149 | −0.3674 | pay 0.0459% / 1h | 43m 44s | $3K | $3K | 10x |
Binance TUSDT
Kraken Futures PF_TUSDPrice 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
- $1.21
- Funding while held
- −$83.83
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$102.62
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 13 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2794%
- Per $10,000 a day
- −$83.83
- 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, 13 min ago | 0.97 bp | 15.6 bp −$16 | 37.3 bp −$373 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.
T price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.005146cheapestMEXC0.005148+0.039%
Bitget
MEXCBinance0.005149+0.053%
Kraken Futures0.005149+0.065%
Bybit0.005151+0.097%KuCoin0.005152+0.117%Variational Omni0.005152+0.125%Gate0.005153+0.136%
Bybit
KuCoin
Variational Omni
GateT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TUSDT | −0.053% | −0.1254% | 4h | $928K | $814K | 50x | as long as short |
| MEXC T_USDT | −0.014% | −0.0890% | 4h | $3.2M | $305K | 20x | as long as short |
| Binance TUSDTlong | 0.000% | −0.0879% | 4h | $3.3M | $11.4M | 50x | |
| Kraken Futures PF_TUSDshort | +0.012% | −0.3674% | 1h | $3K | $3K | 10x | |
| Bybit TUSDT | +0.044% | −0.1225% | 4h | $1.7M | $2.5M | 25x | as long as short |
| KuCoin TUSDTM | +0.063% | −0.1038% | 4h | $1.4M | $114K | 12x | as long as short |
| Variational Omni T | +0.071% | −0.1449% | 4h | $7K | $13K | — | as long as short |
| Gate T_USDT | +0.083% | −0.1164% | 4h | $213K | $136K | 20x | as long as short |