After costs, if the gap returns to its 7d average, $10k−$146
spread now+0.019%7d average+0.247%fees + slippage, in and out−$124spread needed1.237%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TUSDT | 0.005136 | −0.1146 | get 0.0573% / 4h | 17m 48s | $934K | $803K | 50x |
| Short | Bybit TUSDT | 0.005137 | −0.1142 | pay 0.0571% / 4h | 17m 48s | $1.6M | $2.4M | 25x |
Bitget TUSDT
Bybit TUSDTPrice 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
- $1.95
- Funding while held
- $0.11
- Slippage, 4 orders
- −$100.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$121.64
- Spread needed to break even
- 1.237%
Slippage from Bitget: live order book, 59 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.11
- 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 Bitget live order book, 59 min ago | 1.96 bp | 25.3 bp −$25 | 163.5 bp −$1,635 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.95 bp | 32.9 bp −$33 | 199.5 bp −$1,995 | doesn't fit | doesn't fit |
T price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.005128cheapestKraken Futures0.005129+0.013%Binance0.005134+0.116%MEXC0.005134+0.116%
Variational Omni
Kraken Futures
Binance
MEXCBitget0.005136+0.155%
Bybit0.005137+0.174%
KuCoin0.005137+0.174%Gate0.005140+0.233%
KuCoin
GateT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni T | −0.155% | −0.1475% | 4h | $7K | $13K | — | as long as short |
| Kraken Futures PF_TUSD | −0.141% | −0.3688% | 1h | $2K | $4K | 10x | as long as short |
| Binance TUSDT | −0.039% | −0.0909% | 4h | $3.3M | $11.3M | 50x | as long as short |
| MEXC T_USDT | −0.039% | −0.0916% | 4h | $3.2M | $307K | 20x | as long as short |
| Bitget TUSDTlong | 0.000% | −0.1146% | 4h | $934K | $803K | 50x | |
| Bybit TUSDTshort | +0.019% | −0.1142% | 4h | $1.6M | $2.4M | 25x | |
| KuCoin TUSDTM | +0.019% | −0.1084% | 4h | $1.4M | $113K | 12x | as long as short |
| Gate T_USDT | +0.078% | −0.1252% | 4h | $212K | $137K | 20x | as long as short |