Spread before costs (cost unknown: a leg has no order-book sample)−0.034%
7d average—if it closes, per $10,000$3funding while held, a day−$85.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni T | 0.005110 | −0.1152 | get 0.0576% / 4h | 2h 21m | $7K | $13K | — |
| Short | Kraken Futures PF_TUSD | 0.005109 | −0.4013 | pay 0.0502% / 1h | 21m 25s | $2K | $2K | 10x |
Variational Omni T
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
- −$3.44
- Funding while held
- −$85.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$99.28
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.2861%
- Per $10,000 a day
- −$85.84
- 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Variational Omni and 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.Bitget0.005106cheapest
BitgetKraken Futures0.005109+0.049%
KuCoin0.005109+0.059%Bybit0.005110+0.078%MEXC0.005110+0.078%
KuCoin
Bybit
MEXCVariational Omni0.005110+0.084%
Gate0.005111+0.098%Binance0.005112+0.118%
Gate
BinanceT on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TUSDT | −0.084% | −0.0532% | 4h | $884K | $805K | 50x | as long as short |
| Kraken Futures PF_TUSDshort | −0.034% | −0.4013% | 1h | $2K | $2K | 10x | |
| KuCoin TUSDTM | −0.025% | −0.0812% | 4h | $1.3M | $105K | 12x | as long as short |
| Bybit TUSDT | −0.005% | −0.0949% | 4h | $1.6M | $2.4M | 25x | as long as short |
| MEXC T_USDT | −0.005% | −0.0732% | 4h | $3.1M | $305K | 20x | as long as short |
| Variational Omni Tlong | 0.000% | −0.1152% | 4h | $7K | $13K | — | |
| Gate T_USDT | +0.014% | −0.1470% | 4h | $211K | $126K | 20x | as long as short |
| Binance TUSDT | +0.034% | −0.0733% | 4h | $3.2M | $10.8M | 50x | as long as short |