data as of
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Price arb /

USUAL

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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−$284
spread now+0.022%7d average−0.092%fees + slippage, in and out−$296spread needed2.955%
Long on GateShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate USUAL_USDT0.013520.0100pay 0.0100% / 8h5h 15m$905K$262K50x
ShortMEXC USUAL_USDT0.013520.0100get 0.0050% / 4h1h 15m$5.9M$301K100x

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
$2.22
Funding while held
$0
Slippage, 4 orders
−$276.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$293.31
Spread needed to break even
2.955%
Slippage from Gate: live order book, 18 min ago; MEXC: live order book, 4 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 Gate live order book, 18 min ago7.40 bp108.3 bp −$108doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago4.43 bp10.6 bp −$11165.9 bp −$1,659879.7 bp −$88.0Kdoesn't fit

USUAL price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.01332cheapestKraken Futures0.01351+1.447%
Gate0.01352+1.502%
Binance0.01352+1.524%
MEXC0.01352+1.524%
Hyperliquid0.01353+1.577%BingX0.01353+1.577%Bitget0.01354+1.652%Bybit0.01354+1.674%Variational Omni0.01354+1.681%KuCoin0.01355+1.727%

USUAL on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USUAL/USDC PERP−1.479%−0.4967%1h$6K$39K5.5xas long as short
Kraken Futures PF_USUALUSD−0.054%−0.1168%1h$110K$26K10xas long as short
Gate USUAL_USDTlong0.000%+0.0100%8h$905K$262K50x
Binance USUALUSDT+0.022%+0.0100%4h$2.1M$3.6M50xas long as short
MEXC USUAL_USDTshort+0.022%+0.0100%4h$5.9M$301K100x
Hyperliquid USUAL+0.074%+0.0100%1h$394K$234K3xas long as short
BingX USUAL-USDT+0.074%+0.0100%4h—$1.2M—as long as short
Bitget USUALUSDT+0.148%+0.0100%4h$822K$539K50xas long as short
Bybit USUALUSDT+0.170%+0.0100%4h$994K$972K25xas long as short
Variational Omni USUAL+0.177%+0.0100%4h$9K$21—as long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin USUALUSDTM+0.222%+0.0100%4h$285K$67K20xas long as short