data as of
Settings8H · net · $10k
Price arb /

T

all T markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$323
spread now0.000%7d average+0.263%fees + slippage, in and out−$296spread needed2.964%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin TUSDTM0.005120−0.0812get 0.0406% / 4h2h 16m$1.3M$105K12x
ShortBybit TUSDT0.005120−0.0936pay 0.0468% / 4h2h 16m$1.6M$2.4M25x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$0
Funding while held
−$3.73
Slippage, 4 orders
−$273.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$300.16
Spread needed to break even
2.964%
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0124%
Per $10,000 a day
$3.73
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago7.82 bp115.2 bp −$115doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.96 bp34.3 bp −$34231.0 bp −$2,310doesn't fitdoesn't fit

T price on every exchange

against the cheapest. Click to use as the short leg.

T on 8 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni T−0.216%−0.1137%4h$7K$13Kas long as short
MEXC T_USDT−0.020%−0.0722%4h$3.1M$305K20xas long as short
Kraken Futures PF_TUSD−0.007%−0.4004%1h$2K$2K10xas long as short
Bybit TUSDTshort0.000%−0.0936%4h$1.6M$2.4M25x
KuCoin TUSDTMlong0.000%−0.0812%4h$1.3M$105K12x
Bitget TUSDT0.000%−0.0522%4h$886K$806K50xas long as short
Binance TUSDT+0.020%−0.0718%4h$3.2M$10.8M50xas long as short
Gate T_USDT+0.078%−0.1410%4h$212K$126K20xas long as short