Spread before costs (cost unknown: a leg has no order-book sample)−0.200%
7d average—if it closes, per $10,000$20funding while held, a day+$17.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate T_USDT | 0.005100 | −0.1636 | get 0.0818% / 4h | 2h 39m | $210K | $124K | 20x |
| Short | Variational Omni T | 0.005090 | −0.1060 | pay 0.0530% / 4h | 2h 39m | $7K | $13K | — |
Gate T_USDT
Variational Omni TPrice 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
- −$20.04
- Funding while held
- $17.27
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.77
- Spread needed to break even
- 0.150%
Slippage unknown: Gate: live order book, 62 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0576%
- Per $10,000 a day
- +$17.27
- 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 Gate live order book, 62 min ago | 2.91 bp | 96.7 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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 Omni0.005090cheapest
KuCoin0.005098+0.162%Bitget0.005099+0.181%
KuCoin
BitgetGate0.005100+0.201%
Kraken Futures0.005100+0.208%MEXC0.005103+0.260%Bybit0.005105+0.299%Binance0.005109+0.378%
Kraken Futures
MEXC
Bybit
BinanceT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni Tshort | −0.200% | −0.1060% | 4h | $7K | $13K | — | |
| KuCoin TUSDTM | −0.039% | −0.0766% | 4h | $1.3M | $105K | 12x | as long as short |
| Bitget TUSDT | −0.020% | −0.0592% | 4h | $883K | $807K | 50x | as long as short |
| Gate T_USDTlong | 0.000% | −0.1636% | 4h | $210K | $124K | 20x | |
| Kraken Futures PF_TUSD | +0.007% | −0.4019% | 1h | $2K | $2K | 10x | as long as short |
| MEXC T_USDT | +0.059% | −0.0714% | 4h | $3.1M | $304K | 20x | as long as short |
| Bybit TUSDT | +0.098% | −0.0865% | 4h | $1.6M | $2.4M | 25x | as long as short |
| Binance TUSDT | +0.176% | −0.0719% | 4h | $3.2M | $10.9M | 50x | as long as short |