After costs, if the gap returns to its 7d average, $10k−$1,046
spread now+0.053%7d average+0.397%fees + slippage, in and out−$1,011spread needed10.114%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUSDTM | 0.01688 | −0.0446 | get 0.0223% / 4h | 4m 31s | $4.4M | $245K | 20x |
| Short | Bybit USUSDT | 0.01689 | 0.0100 | get 0.0050% / 4h | 4m 31s | $3.4M | $781K | 20x |
KuCoin USUSDTM
Bybit USUSDTPrice 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
- $5.33
- Funding while held
- $16.38
- Slippage, 4 orders
- −$988.44
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$989.73
- Spread needed to break even
- 10.114%
Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0546%
- Per $10,000 a day
- +$16.38
- 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, 10 min ago | 7.65 bp | 494.8 bp −$495 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.91 bp | 96.0 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
US price on every exchange
against the cheapest. Click to use as the short leg.
MEXC
Binance
Extended
Gate
BloFin
BingX
Aster
Bitget
Variational OmniUS on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC US_USDT | −0.053% | +0.0360% | 4h | $5.7M | $121K | 100x | as long as short |
| Binance USUSDT | −0.021% | +0.0351% | 4h | $9.4M | $3.1M | 10x | as long as short |
| Extended US-USD | −0.003% | +0.0360% | 1h | $4K | $141K | 5x | as long as short |
| KuCoin USUSDTMlong | 0.000% | −0.0446% | 4h | $4.4M | $245K | 20x | |
| Gate US_USDT | +0.006% | +0.0100% | 4h | $2.1M | $543K | 20x | as long as short |
| BloFin US-USDT | +0.012% | +0.0411% | 4h | $510K | $50K | 10x | as long as short |
| BingX US-USDT | +0.018% | +0.0388% | 4h | — | $1.3M | — | as long as short |
| Aster USUSDT | +0.027% | +0.0366% | 4h | $12K | $65K | 5x | as long as short |
| Bybit USUSDTshort | +0.053% | +0.0100% | 4h | $3.4M | $781K | 20x | |
| Bitget USUSDT | +0.118% | +0.0124% | 4h | $4.5M | $255K | 10x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni US | +0.315% | +0.0100% | 4h | $16K | $4K | — | as long as short |