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−$844
spread now−0.355%7d average−0.028%fees + slippage, in and out−$811spread needed8.114%
Long on KuCoinShort on BingX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin USUALUSDTM0.013530.0100pay 0.0050% / 4h2h 09m$286K$67K20x
ShortBingX USUAL-USDT0.013480.0100get 0.0050% / 4h2h 09m—$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
−$35.48
Funding while held
$0
Slippage, 4 orders
−$789.43
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$846.91
Spread needed to break even
8.114%
Slippage from KuCoin: live order book, 29 min ago; BingX: live order book, 12 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 KuCoin live order book, 29 min ago33.15 bp194.6 bp −$195doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago5.91 bp25.8 bp −$26132.0 bp −$1,320559.8 bp −$56.0K801.0 bp −$400.5K

USUAL price on every exchange

against the cheapest. Click to use as the short leg.
Injective0.01335cheapestBinance0.01346+0.803%Kraken Futures0.01346+0.823%MEXC0.01346+0.839%Hyperliquid0.01348+0.974%
BingX0.01348+0.989%
Bybit0.01349+1.034%Gate0.01349+1.049%Bitget0.01349+1.049%Variational Omni0.01351+1.177%
KuCoin0.01353+1.348%

USUAL on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USUAL/USDC PERP−1.330%−0.4908%1h$6K$57K5.5xas long as short
Binance USUALUSDT−0.538%+0.0100%4h$2.1M$3.6M50xas long as short
Kraken Futures PF_USUALUSD−0.518%−0.0690%1h$109K$26K10xas long as short
MEXC USUAL_USDT−0.503%+0.0100%4h$5.9M$311K100xas long as short
Hyperliquid USUAL−0.370%+0.0100%1h$393K$234K3xas long as short
BingX USUAL-USDTshort−0.355%+0.0100%4h—$1.2M—
Bybit USUALUSDT−0.310%+0.0100%4h$995K$975K25xas long as short
Gate USUAL_USDT−0.296%+0.0100%8h$903K$261K50xas long as short
Bitget USUALUSDT−0.296%+0.0100%4h$821K$537K50xas long as short
Variational Omni USUAL−0.169%+0.0100%4h$9K$4K—as long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin USUALUSDTMlong0.000%+0.0100%4h$286K$67K20x