Spread before costs (cost unknown: a leg has no order-book sample)−1.647%
7d average—if it closes, per $10,000$165funding while held, a day−$152.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit USUALUSDT | 0.01354 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $994K | $978K | 25x |
| Short | Injective USUAL/USDC PERP | 0.01332 | −0.4967 | pay 0.0621% / 1h | 16m 10s | $6K | $39K | 5.5x |
Bybit USUALUSDT
Injective USUAL/USDC PERPPrice 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
- −$164.66
- Funding while held
- −$152.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$327.69
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.5067%
- Per $10,000 a day
- −$152.01
- 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 Bybit live order book, 6 min ago | 2.96 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
USUAL price on every exchange
against the cheapest. Click to use as the short leg.
Kraken Futures
Variational Omni
Gate
Binance
MEXC
Hyperliquid
BingX
KuCoin
BitgetUSUAL on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERPshort | −1.647% | −0.4967% | 1h | $6K | $39K | 5.5x | |
| Kraken Futures PF_USUALUSD | −0.225% | −0.1168% | 1h | $110K | $26K | 10x | as long as short |
| Variational Omni USUAL | −0.196% | +0.0100% | 4h | $9K | $21 | — | as long as short |
| Gate USUAL_USDT | −0.170% | +0.0100% | 8h | $905K | $262K | 50x | as long as short |
| Binance USUALUSDT | −0.138% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| MEXC USUAL_USDT | −0.103% | +0.0100% | 4h | $5.9M | $300K | 100x | as long as short |
| Hyperliquid USUAL | −0.096% | +0.0100% | 1h | $394K | $234K | 3x | as long as short |
| BingX USUAL-USDT | −0.066% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Bybit USUALUSDTlong | 0.000% | +0.0100% | 4h | $994K | $978K | 25x | |
| KuCoin USUALUSDTM | +0.052% | +0.0100% | 4h | $285K | $67K | 20x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget USUALUSDT | +0.052% | +0.0100% | 4h | $823K | $539K | 50x | as long as short |