After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.058%7d average−0.078%fees + slippage, in and out−$35spread needed0.349%
| 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 | 6h 03m | $1.1M | $41K | 50x |
| Short | KuCoin USDCUSDTM | 0.9994 | −0.0071 | pay 0.0071% / 8h | 6h 03m | $2.5M | $19K | 30x |
OKX USDC-USDT-SWAP
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
- −$5.8
- Funding while held
- −$2.13
- Slippage, 4 orders
- −$12.86
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$42.79
- Spread needed to break even
- 0.349%
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0071%
- Per $10,000 a day
- −$2.13
- 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, 5 min ago | 0.00 bp | 5.6 bp −$6 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 4.50 bp | 13.6 bp −$14 | 143.2 bp −$1,432 | doesn't fit | doesn't fit |
USDC price on every exchange
against the cheapest. Click to use as the short leg.Gate0.9992cheapestBinance0.9994+0.018%MEXC0.9994+0.018%
Gate
Binance
MEXCKuCoin0.9994+0.020%
Bitget0.9994+0.020%Kraken Futures0.9997+0.055%
Bitget
Kraken FuturesOKX1.0000+0.078%
Bybit1.0000+0.080%
BybitUSDC on 8 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate USDC_USDT | −0.078% | +0.0100% | 8h | $253K | $18K | 50x | as long as short |
| Binance USDCUSDT | −0.060% | −0.0048% | 8h | $4.3M | $3.2M | 50x | as long as short |
| MEXC USDC_USDT | −0.060% | −0.0047% | 8h | $16.5M | $251K | 200x | as long as short |
| KuCoin USDCUSDTMshort | −0.058% | −0.0071% | 8h | $2.5M | $19K | 30x | |
| Bitget USDCUSDT | −0.058% | −0.0005% | 8h | $4.3M | $17K | 50x | as long as short |
| Kraken Futures PF_USDCUSD | −0.023% | −0.0221% | 1h | $14K | $928 | 50x | as long as short |
| OKX USDC-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $1.1M | $41K | 50x | |
| Bybit USDCUSDT | +0.002% | 0.0000% | 8h | $9.5M | $424K | 50x | as long as short |