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

US

all US markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.448%
7d averageif it closes, per $10,000$45funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016860.0100pay 0.0050% / 4h3h 19m$16K$4K
ShortBybit USUSDT0.016790.0100get 0.0050% / 4h3h 19m$3.4M$801K20x

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
−$44.83
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$55.83
Spread needed to break even
0.110%
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
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 Variational Omni no order-book sample
Sell Bybit live order book, 5 min ago8.89 bp91.9 bp −$92doesn't fitdoesn't fitdoesn't fit
Variational Omni: 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.

US price on every exchange

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

US on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate US_USDT−0.608%+0.0100%4h$2.1M$536K20xas long as short
Extended US-USD−0.539%+0.0248%1h$4K$141K5xas long as short
MEXC US_USDT−0.525%+0.0246%4h$5.6M$115K100xas long as short
Binance USUSDT−0.520%+0.0247%4h$9.4M$3.1M10xas long as short
BingX US-USDT−0.478%+0.0274%4h$1.3Mas long as short
KuCoin USUSDTM−0.466%−0.0308%4h$4.4M$248K20xas long as short
Bybit USUSDTshort−0.448%+0.0100%4h$3.4M$801K20x
BloFin US-USDT−0.383%+0.0188%4h$500K$50K10xas long as short
Aster USUSDT−0.337%+0.0134%4h$12K$64K5xas long as short
Bitget USUSDT−0.235%+0.0132%4h$4.4M$257K10xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni USlong0.000%+0.0100%4h$16K$4K