Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day−$75.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget TUSDT | 0.005134 | −0.1166 | get 0.0583% / 4h | 20m 24s | $934K | $804K | 50x |
| Short | Kraken Futures PF_TUSD | 0.005134 | −0.3685 | pay 0.0461% / 1h | 20m 24s | $2K | $3K | 10x |
Bitget 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
- −$0.03
- Funding while held
- −$75.56
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$97.59
- Spread needed to break even
- 0.220%
Slippage unknown: Bitget: live order book, 57 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2519%
- Per $10,000 a day
- −$75.56
- 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, 57 min ago | 1.96 bp | 25.3 bp −$25 | 163.5 bp −$1,635 | 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.Variational Omni0.005128cheapest
Variational OmniKraken Futures0.005134+0.115%
Bitget0.005134+0.116%
KuCoin0.005135+0.135%Gate0.005136+0.155%Binance0.005139+0.213%Bybit0.005140+0.233%MEXC0.005140+0.233%
KuCoin
Gate
Binance
Bybit
MEXCT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni T | −0.116% | −0.1475% | 4h | $7K | $13K | — | as long as short |
| Kraken Futures PF_TUSDshort | 0.000% | −0.3685% | 1h | $2K | $3K | 10x | |
| Bitget TUSDTlong | 0.000% | −0.1166% | 4h | $934K | $804K | 50x | |
| KuCoin TUSDTM | +0.019% | −0.1110% | 4h | $1.4M | $113K | 12x | as long as short |
| Gate T_USDT | +0.039% | −0.1254% | 4h | $212K | $137K | 20x | as long as short |
| Binance TUSDT | +0.097% | −0.0922% | 4h | $3.3M | $11.3M | 50x | as long as short |
| Bybit TUSDT | +0.117% | −0.1179% | 4h | $1.7M | $2.4M | 25x | as long as short |
| MEXC T_USDT | +0.117% | −0.0922% | 4h | $3.2M | $306K | 20x | as long as short |