After costs, if the gap returns to its 7d average, $10k−$256
spread now−0.039%7d average−0.025%fees + slippage, in and out−$254spread needed2.542%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TUSDTM | 0.005140 | −0.1088 | get 0.0544% / 4h | 3h 49m | $1.4M | $112K | 12x |
| Short | Binance TUSDT | 0.005138 | −0.0947 | pay 0.0474% / 4h | 3h 49m | $3.3M | $11.2M | 50x |
KuCoin TUSDTM
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
- −$3.89
- Funding while held
- $4.22
- Slippage, 4 orders
- −$232.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$253.82
- Spread needed to break even
- 2.542%
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0141%
- Per $10,000 a day
- +$4.22
- 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 KuCoin live order book, 2 min ago | 6.82 bp | 112.7 bp −$113 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.95 bp | 12.5 bp −$13 | 39.9 bp −$399 | doesn't fit | doesn't fit |
T price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.005128cheapestKraken Futures0.005133+0.094%Bitget0.005135+0.128%Gate0.005137+0.167%MEXC0.005137+0.167%
Variational Omni
Kraken Futures
Bitget
Gate
MEXCBinance0.005138+0.186%
Bybit0.005139+0.206%
BybitKuCoin0.005140+0.225%
T on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni T | −0.225% | −0.1314% | 4h | $7K | $13K | — | as long as short |
| Kraken Futures PF_TUSD | −0.131% | −0.4400% | 1h | $2K | $4K | 10x | as long as short |
| Bitget TUSDT | −0.097% | −0.0970% | 4h | $916K | $801K | 50x | as long as short |
| Gate T_USDT | −0.058% | −0.0982% | 4h | $212K | $127K | 20x | as long as short |
| MEXC T_USDT | −0.058% | −0.0948% | 4h | $3.2M | $297K | 20x | as long as short |
| Binance TUSDTshort | −0.039% | −0.0947% | 4h | $3.3M | $11.2M | 50x | |
| Bybit TUSDT | −0.019% | −0.1112% | 4h | $1.6M | $2.4M | 25x | as long as short |
| KuCoin TUSDTMlong | 0.000% | −0.1088% | 4h | $1.4M | $112K | 12x |