After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.054%7d average−0.033%fees + slippage, in and out−$34spread needed0.339%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USDCUSDT | 0.9996 | −0.0053 | get 0.0053% / 8h | 7h 55m | $4.5M | $2.9M | 50x |
| Short | KuCoin USDCUSDTM | 0.9990 | −0.0148 | pay 0.0148% / 8h | 7h 55m | $2.5M | $18K | 30x |
Binance USDCUSDT
KuCoin USDCUSDTMPrice 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
- −$5.38
- Funding while held
- −$2.86
- Slippage, 4 orders
- −$11.95
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$42.19
- Spread needed to break even
- 0.339%
Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0095%
- Per $10,000 a day
- −$2.86
- 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 Binance live order book, 13 min ago | 0.00 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.8 bp −$581 | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 4.50 bp | 13.4 bp −$13 | 136.8 bp −$1,368 | doesn't fit | doesn't fit |
USDC price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.9990cheapest
Gate0.9993+0.025%MEXC0.9996+0.053%
Gate
MEXCBinance0.9996+0.054%
Bitget0.9996+0.055%Kraken Futures0.9998+0.070%OKX1.0000+0.093%Bybit1.0000+0.095%
Bitget
Kraken Futures
OKX
BybitUSDC on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin USDCUSDTMshort | −0.054% | −0.0148% | 8h | $2.5M | $18K | 30x | |
| Gate USDC_USDT | −0.029% | +0.0100% | 8h | $253K | $21K | 50x | as long as short |
| MEXC USDC_USDT | −0.001% | −0.0053% | 8h | $16.4M | $184K | 200x | as long as short |
| Binance USDCUSDTlong | 0.000% | −0.0053% | 8h | $4.5M | $2.9M | 50x | |
| Bitget USDCUSDT | +0.001% | −0.0066% | 8h | $4.3M | $18K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | +0.016% | −0.0139% | 1h | $14K | $928 | 50x | as long as short |
| OKX USDC-USDT-SWAP | +0.039% | 0.0000% | 8h | $1.1M | $40K | 50x | as long as short |
| Bybit USDCUSDT | +0.041% | 0.0000% | 8h | $9.5M | $420K | 50x | as long as short |