After costs, if the gap returns to its 7d average, $10k−$65
spread now+0.059%7d average−0.288%fees + slippage, in and out−$100spread needed0.998%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TUSDT | 0.005092 | −0.0247 | get 0.0124% / 4h | 55m 31s | $1.6M | $2.4M | 25x |
| Short | Binance TUSDT | 0.005095 | −0.0337 | pay 0.0169% / 4h | 55m 31s | $3.2M | $10.9M | 50x |
Bybit TUSDT
Binance 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
- $5.89
- Funding while held
- −$2.7
- Slippage, 4 orders
- −$78.76
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.57
- Spread needed to break even
- 0.998%
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.70
- 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, 3 min ago | 0.98 bp | 37.2 bp −$37 | 298.6 bp −$2,986 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.98 bp | 18.2 bp −$18 | 42.0 bp −$420 | doesn't fit | doesn't fit |
T price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.005084cheapest
BitgetBybit0.005092+0.157%
Kraken Futures0.005093+0.174%Variational Omni0.005093+0.179%MEXC0.005094+0.197%
Kraken Futures
Variational Omni
MEXCBinance0.005095+0.216%
KuCoin0.005096+0.236%Gate0.005099+0.295%
KuCoin
GateT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TUSDT | −0.157% | −0.0176% | 4h | $877K | $799K | 50x | as long as short |
| Bybit TUSDTlong | 0.000% | −0.0247% | 4h | $1.6M | $2.4M | 25x | |
| Kraken Futures PF_TUSD | +0.017% | −0.3352% | 1h | $2K | $2K | 10x | as long as short |
| Variational Omni T | +0.021% | −0.0578% | 4h | $7K | $13K | — | as long as short |
| MEXC T_USDT | +0.039% | −0.0324% | 4h | $3.1M | $297K | 20x | as long as short |
| Binance TUSDTshort | +0.059% | −0.0337% | 4h | $3.2M | $10.9M | 50x | |
| KuCoin TUSDTM | +0.079% | −0.0710% | 4h | $1.3M | $114K | 12x | as long as short |
| Gate T_USDT | +0.137% | −0.0862% | 4h | $212K | $122K | 20x | as long as short |