After costs, if the gap returns to its 7d average, $10k−$21
spread now−0.001%7d average−0.015%fees + slippage, in and out−$23spread needed0.227%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX USDC-USDT-SWAP | 1.0000 | 0 | get 0.0000% / 8h | 11m 09s | $1.1M | $41K | 50x |
| Short | Bybit USDCUSDT | 1.0000 | 0 | get 0.0000% / 8h | 11m 09s | $9.5M | $421K | 50x |
OKX USDC-USDT-SWAP
Bybit USDCUSDTPrice 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
- −$0.12
- Funding while held
- $0
- Slippage, 4 orders
- −$1.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$22.84
- Spread needed to break even
- 0.227%
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 3 min ago.
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 0.16 bp | 5.5 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.50 bp | 6.0 bp −$6 | 6.7 bp −$67 | 141.8 bp −$14.2K | doesn't fit |
USDC price on every exchange
against the cheapest. Click to use as the short leg.Gate0.9993cheapestKuCoin0.9995+0.020%Bitget0.9995+0.020%Binance0.9996+0.033%MEXC0.9996+0.033%Kraken Futures0.9997+0.045%
Gate
KuCoin
Bitget
Binance
MEXC
Kraken FuturesBybit1.0000+0.070%
OKX1.0000+0.071%
USDC on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate USDC_USDT | −0.071% | +0.0038% | 8h | $253K | $21K | 50x | as long as short |
| KuCoin USDCUSDTM | −0.051% | −0.0156% | 8h | $2.5M | $18K | 30x | as long as short |
| Bitget USDCUSDT | −0.051% | −0.0075% | 8h | $4.3M | $18K | 50x | as long as short |
| Binance USDCUSDT | −0.038% | −0.0061% | 8h | $4.5M | $2.9M | 50x | as long as short |
| MEXC USDC_USDT | −0.038% | −0.0061% | 8h | $16.4M | $185K | 200x | as long as short |
| Kraken Futures PF_USDCUSD | −0.026% | −0.0043% | 1h | $14K | $928 | 50x | as long as short |
| Bybit USDCUSDTshort | −0.001% | 0.0000% | 8h | $9.5M | $421K | 50x | |
| OKX USDC-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $1.1M | $41K | 50x |