After costs, if the gap returns to its 7d average, $10k−$128
spread now−0.159%7d average−0.028%fees + slippage, in and out−$115spread needed1.148%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_USUALUSD | 0.01348 | −0.0689 | get 0.0086% / 1h | 11m 36s | $110K | $26K | 10x |
| Short | MEXC USUAL_USDT | 0.01346 | 0.0100 | get 0.0050% / 4h | 2h 11m | $5.9M | $307K | 100x |
Kraken Futures PF_USUALUSD
MEXC USUAL_USDTPrice 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
- −$15.9
- Funding while held
- $23.67
- Slippage, 4 orders
- −$100.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$107.04
- Spread needed to break even
- 1.148%
Slippage from Kraken Futures: live order book, 18 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0789%
- Per $10,000 a day
- +$23.67
- 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 Kraken Futures live order book, 18 min ago | 33.37 bp | 53.2 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 5.19 bp | 9.8 bp −$10 | 129.0 bp −$1,290 | 914.9 bp −$91.5K | doesn't fit |
USUAL price on every exchange
against the cheapest. Click to use as the short leg.
Injective
Binance
Hyperliquid
Bitget
Bybit
BingX
Gate
KuCoin
Variational OmniUSUAL on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.990% | −0.4908% | 1h | $6K | $57K | 5.5x | as long as short |
| Binance USUALUSDT | −0.274% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| Hyperliquid USUAL | −0.174% | +0.0100% | 1h | $393K | $236K | 3x | as long as short |
| MEXC USUAL_USDTshort | −0.159% | +0.0100% | 4h | $5.9M | $307K | 100x | |
| Bitget USUALUSDT | −0.100% | +0.0100% | 4h | $820K | $537K | 50x | as long as short |
| Bybit USUALUSDT | −0.040% | +0.0100% | 4h | $994K | $975K | 25x | as long as short |
| BingX USUAL-USDT | −0.018% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Kraken Futures PF_USUALUSDlong | 0.000% | −0.0689% | 1h | $110K | $26K | 10x | |
| Gate USUAL_USDT | +0.123% | +0.0100% | 8h | $904K | $261K | 50x | as long as short |
| KuCoin USUALUSDTM | +0.197% | +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 | |
|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.413% | +0.0100% | 4h | $9K | $4K | — | as long as short |