After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.010%7d average−0.008%fees + slippage, in and out−$36spread needed0.363%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USDCUSDT | 0.9994 | −0.0005 | get 0.0005% / 8h | 5h 59m | $4.3M | $17K | 50x |
| Short | Gate USDC_USDT | 0.9993 | 0.0100 | get 0.0100% / 8h | 5h 59m | $253K | $18K | 50x |
Bitget USDCUSDT
Gate USDC_USDTPrice 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
- −$1
- Funding while held
- $3.15
- Slippage, 4 orders
- −$9.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$34.17
- Spread needed to break even
- 0.363%
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0105%
- Per $10,000 a day
- +$3.15
- 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 Bitget live order book, 5 min ago | 1.00 bp | 7.0 bp −$7 | 7.0 bp −$70 | 14.8 bp −$1,475 | doesn't fit |
| Sell Gate live order book, 36 min ago | 2.50 bp | 10.0 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
USDC price on every exchange
against the cheapest. Click to use as the short leg.Gate0.9993cheapest
Binance0.9994+0.007%MEXC0.9994+0.008%KuCoin0.9994+0.010%
Binance
MEXC
KuCoinBitget0.9994+0.010%
Kraken Futures0.9997+0.045%OKX1.0000+0.068%Bybit1.0000+0.070%
Kraken Futures
OKX
BybitUSDC on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate USDC_USDTshort | −0.010% | +0.0100% | 8h | $253K | $18K | 50x | |
| Binance USDCUSDT | −0.003% | −0.0047% | 8h | $4.3M | $3.2M | 50x | as long as short |
| MEXC USDC_USDT | −0.002% | −0.0047% | 8h | $16.5M | $251K | 200x | as long as short |
| KuCoin USDCUSDTM | 0.000% | −0.0069% | 8h | $2.5M | $19K | 30x | as long as short |
| Bitget USDCUSDTlong | 0.000% | −0.0005% | 8h | $4.3M | $17K | 50x | |
| Kraken Futures PF_USDCUSD | +0.035% | −0.0221% | 1h | $14K | $928 | 50x | as long as short |
| OKX USDC-USDT-SWAP | +0.058% | 0.0000% | 8h | $1.1M | $41K | 50x | as long as short |
| Bybit USDCUSDT | +0.060% | 0.0000% | 8h | $9.5M | $424K | 50x | as long as short |