data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

USUAL

all USUAL markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$126
spread now+0.041%7d average+0.071%fees + slippage, in and out−$123spread needed1.232%
Long on BinanceShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USUALUSDT0.013580.0100pay 0.0050% / 4h3h 06m$2.1M$3.7M50x
ShortBingX USUAL-USDT0.013580.0100get 0.0050% / 4h3h 06m—$1.2M—

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$4.1
Funding while held
$0
Slippage, 4 orders
−$103.2
Fee Binance: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$119.09
Spread needed to break even
1.232%
Slippage from Binance: live order book, 2 min ago; BingX: live order book, 15 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago4.44 bp21.6 bp −$22126.3 bp −$1,263doesn't fitdoesn't fit
Sell BingX live order book, 15 min ago0.37 bp45.5 bp −$45137.4 bp −$1,374512.9 bp −$51.3K725.0 bp −$362.5K

USUAL price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.01344cheapestGate0.01356+0.893%Variational Omni0.01356+0.914%Kraken Futures0.01357+0.938%KuCoin0.01357+0.967%
Binance0.01358+1.023%
MEXC0.01358+1.034%Bitget0.01358+1.042%
BingX0.01358+1.064%
Hyperliquid0.01360+1.190%Bybit0.01361+1.265%

USUAL on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USUAL/USDC PERP−1.012%−0.4165%1h$6K$56K5.5xas long as short
Gate USUAL_USDT−0.128%+0.0100%8h$909K$261K50xas long as short
Variational Omni USUAL−0.108%+0.0100%4h$9K$8K—as long as short
Kraken Futures PF_USUALUSD−0.084%−0.1054%1h$110K$26K10xas long as short
KuCoin USUALUSDTM−0.055%+0.0100%4h$283K$67K20xas long as short
Binance USUALUSDTlong0.000%+0.0100%4h$2.1M$3.7M50x
MEXC USUAL_USDT+0.012%+0.0100%4h$5.9M$323K100xas long as short
Bitget USUALUSDT+0.019%+0.0100%4h$822K$551K50xas long as short
BingX USUAL-USDTshort+0.041%+0.0100%4h—$1.2M—
Hyperliquid USUAL+0.166%+0.0100%1h$395K$238K3xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit USUALUSDT+0.240%+0.0100%4h$1.0M$969K25xas long as short