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−$347
spread now−0.102%7d average+0.093%fees + slippage, in and out−$327spread needed3.274%
Long on BinanceShort on Gate
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance USUALUSDT0.013570.0100pay 0.0050% / 4h58m 57s$2.1M$3.6M50x
ShortGate USUAL_USDT0.013560.0100get 0.0100% / 8h4h 58m$906K$259K50x

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
−$10.25
Funding while held
$0
Slippage, 4 orders
−$302.35
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$337.6
Spread needed to break even
3.274%
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 34 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, 9 min ago4.43 bp21.8 bp −$22131.4 bp −$1,314doesn't fitdoesn't fit
Sell Gate live order book, 34 min ago7.40 bp167.0 bp −$167doesn't fitdoesn't fitdoesn't fit

USUAL price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.01341cheapest
Gate0.01356+1.119%
Kraken Futures0.01356+1.150%
Binance0.01357+1.222%
MEXC0.01358+1.253%Hyperliquid0.01358+1.268%BingX0.01358+1.268%Variational Omni0.01358+1.296%Bybit0.01359+1.320%Bitget0.01359+1.342%KuCoin0.01360+1.417%

USUAL on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USUAL/USDC PERP−1.208%−0.4872%1h$6K$17K5.5xas long as short
Gate USUAL_USDTshort−0.102%+0.0100%8h$906K$259K50x
Kraken Futures PF_USUALUSD−0.071%−0.1046%1h$110K$26K10xas long as short
Binance USUALUSDTlong0.000%+0.0100%4h$2.1M$3.6M50x
MEXC USUAL_USDT+0.030%+0.0100%4h$5.9M$294K100xas long as short
Hyperliquid USUAL+0.045%+0.0100%1h$396K$234K3xas long as short
BingX USUAL-USDT+0.045%+0.0100%4h—$1.2M—as long as short
Variational Omni USUAL+0.073%+0.0100%4h$9K$21—as long as short
Bybit USUALUSDT+0.096%+0.0100%4h$997K$969K25xas long as short
Bitget USUALUSDT+0.119%+0.0100%4h$826K$533K50xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin USUALUSDTM+0.192%+0.0100%4h$286K$67K20xas long as short