After costs, if the gap returns to its 7d average, $10k−$18
spread now0.000%7d average0.000%fees + slippage, in and out−$18spread needed0.181%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USDC_USDT | 0.9996 | −0.0075 | get 0.0075% / 8h | 52m 06s | $16.4M | $175K | 200x |
| Short | Binance USDCUSDT | 0.9996 | −0.0075 | pay 0.0075% / 8h | 52m 06s | $4.5M | $2.8M | 50x |
Price 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
- $0.03
- Funding while held
- −$0.01
- Slippage, 4 orders
- −$0.11
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.09
- Spread needed to break even
- 0.181%
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- −$0.01
- 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 MEXC live order book, 3 min ago | 0.05 bp | 4.1 bp −$4 | 4.1 bp −$41 | 4.1 bp −$414 | 4.6 bp −$2,298 |
| Sell Binance live order book, 2 min ago | 0.00 bp | 5.0 bp −$5 | 5.0 bp −$50 | 7.6 bp −$758 | doesn't fit |
USDC price on every exchange
against the cheapest. Click to use as the short leg.USDC on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin USDCUSDTM | −0.022% | −0.0169% | 8h | $2.5M | $18K | 30x | as long as short |
| Bitget USDCUSDT | −0.022% | −0.0086% | 8h | $4.3M | $16K | 50x | as long as short |
| Gate USDC_USDT | −0.002% | +0.0034% | 8h | $253K | $20K | 50x | as long as short |
| MEXC USDC_USDTlong | 0.000% | −0.0075% | 8h | $16.4M | $175K | 200x | |
| Binance USDCUSDTshort | 0.000% | −0.0075% | 8h | $4.5M | $2.8M | 50x | |
| Kraken Futures PF_USDCUSD | +0.013% | −0.0043% | 1h | $14K | $928 | 50x | as long as short |
| OKX USDC-USDT-SWAP | +0.036% | 0.0000% | 8h | $1.1M | $40K | 50x | as long as short |
| Bybit USDCUSDT | +0.048% | 0.0000% | 8h | $9.5M | $422K | 50x | as long as short |
MEXC USDC_USDT
Binance USDCUSDT
KuCoin
Bitget
Gate
Kraken Futures
OKX
Bybit