After costs, if the gap returns to its 7d average, $10k−$297
spread now+0.030%7d average+0.197%fees + slippage, in and out−$280spread needed2.802%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01678 | 0.0274 | pay 0.0137% / 4h | 3h 19m | — | $1.3M | — |
| Short | Bybit USUSDT | 0.01679 | 0.0100 | get 0.0050% / 4h | 3h 19m | $3.4M | $801K | 20x |
Price 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
- $2.98
- Funding while held
- −$5.22
- Slippage, 4 orders
- −$259.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$282.42
- Spread needed to break even
- 2.802%
Slippage from BingX: live order book, 3 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0174%
- Per $10,000 a day
- −$5.22
- 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 BingX live order book, 3 min ago | 7.42 bp | 49.7 bp −$50 | 198.3 bp −$1,983 | 1131.6 bp −$113.2K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 8.89 bp | 91.9 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
US price on every exchange
against the cheapest. Click to use as the short leg.US on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate US_USDT | −0.131% | +0.0100% | 4h | $2.1M | $536K | 20x | as long as short |
| Extended US-USD | −0.062% | +0.0248% | 1h | $4K | $141K | 5x | as long as short |
| MEXC US_USDT | −0.048% | +0.0246% | 4h | $5.6M | $115K | 100x | as long as short |
| Binance USUSDT | −0.042% | +0.0247% | 4h | $9.4M | $3.1M | 10x | as long as short |
| BingX US-USDTlong | 0.000% | +0.0274% | 4h | — | $1.3M | — | |
| KuCoin USUSDTM | +0.012% | −0.0308% | 4h | $4.4M | $248K | 20x | as long as short |
| Bybit USUSDTshort | +0.030% | +0.0100% | 4h | $3.4M | $801K | 20x | |
| BloFin US-USDT | +0.095% | +0.0188% | 4h | $500K | $50K | 10x | as long as short |
| Aster USUSDT | +0.141% | +0.0134% | 4h | $12K | $64K | 5x | as long as short |
| Bitget USUSDT | +0.244% | +0.0132% | 4h | $4.4M | $257K | 10x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni US | +0.480% | +0.0100% | 4h | $16K | $4K | — | as long as short |
BingX US-USDT
Bybit USUSDT
Gate
Extended
MEXC
Binance
KuCoin
BloFin
Aster
Bitget
Variational Omni