After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.070%7d average−0.053%fees + slippage, in and out−$33spread needed0.334%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USDCUSDT | 1.0000 | 0 | get 0.0000% / 8h | 7h 29m | $9.5M | $425K | 50x |
| Short | Gate USDC_USDT | 0.9993 | 0.0100 | get 0.0100% / 8h | 7h 29m | $253K | $21K | 50x |
Bybit 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
- −$7
- Funding while held
- $3
- Slippage, 4 orders
- −$7.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.41
- Spread needed to break even
- 0.334%
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Bybit live order book, 5 min ago | 0.50 bp | 6.0 bp −$6 | 7.7 bp −$77 | 428.3 bp −$42.8K | doesn't fit |
| Sell Gate live order book, 12 min ago | 3.00 bp | 10.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
USDC price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.9991cheapest
KuCoinGate0.9993+0.024%
Binance0.9994+0.037%MEXC0.9994+0.037%Bitget0.9996+0.054%Kraken Futures0.9998+0.069%OKX1.0000+0.092%
Binance
MEXC
Bitget
Kraken Futures
OKXBybit1.0000+0.094%
USDC on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin USDCUSDTM | −0.094% | −0.0134% | 8h | $2.5M | $18K | 30x | as long as short |
| Gate USDC_USDTshort | −0.070% | +0.0100% | 8h | $253K | $21K | 50x | |
| Binance USDCUSDT | −0.057% | −0.0046% | 8h | $4.4M | $3.1M | 50x | as long as short |
| MEXC USDC_USDT | −0.057% | −0.0046% | 8h | $16.5M | $201K | 200x | as long as short |
| Bitget USDCUSDT | −0.040% | −0.0042% | 8h | $4.3M | $17K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.025% | −0.0139% | 1h | $14K | $928 | 50x | as long as short |
| OKX USDC-USDT-SWAP | −0.002% | 0.0000% | 8h | $1.1M | $40K | 50x | as long as short |
| Bybit USDCUSDTlong | 0.000% | 0.0000% | 8h | $9.5M | $425K | 50x |