After costs, if the gap returns to its 7d average, $10k−$847
spread now−0.111%7d average+0.056%fees + slippage, in and out−$830spread needed8.301%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USUALUSDTM | 0.01348 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $285K | $67K | 20x |
| Short | Bybit USUALUSDT | 0.01346 | 0.0100 | get 0.0050% / 4h | 1h 57m | $991K | $974K | 25x |
KuCoin USUALUSDTM
Bybit USUALUSDTPrice 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
- −$11.13
- Funding while held
- $0
- Slippage, 4 orders
- −$807.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$841.18
- Spread needed to break even
- 8.301%
Slippage from KuCoin: live order book, 41 min ago; Bybit: live order book, 19 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 41 min ago | 33.15 bp | 194.6 bp −$195 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 19 min ago | 4.80 bp | 38.9 bp −$39 | 198.8 bp −$1,988 | doesn't fit | doesn't fit |
USUAL price on every exchange
against the cheapest. Click to use as the short leg.
Injective
Kraken Futures
Binance
MEXC
Variational Omni
BingX
Hyperliquid
Bitget
GateUSUAL on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −1.409% | −0.4967% | 1h | $6K | $39K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.428% | −0.1176% | 1h | $109K | $26K | 10x | as long as short |
| Binance USUALUSDT | −0.274% | +0.0100% | 4h | $2.1M | $3.6M | 50x | as long as short |
| MEXC USUAL_USDT | −0.260% | +0.0100% | 4h | $5.8M | $296K | 100x | as long as short |
| Variational Omni USUAL | −0.239% | +0.0100% | 4h | $9K | $4K | — | as long as short |
| BingX USUAL-USDT | −0.171% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| Hyperliquid USUAL | −0.148% | +0.0100% | 1h | $392K | $235K | 3x | as long as short |
| Bitget USUALUSDT | −0.148% | +0.0100% | 4h | $818K | $540K | 50x | as long as short |
| Bybit USUALUSDTshort | −0.111% | +0.0100% | 4h | $991K | $974K | 25x | |
| Gate USUAL_USDT | −0.074% | +0.0100% | 8h | $902K | $260K | 50x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin USUALUSDTMlong | 0.000% | +0.0100% | 4h | $285K | $67K | 20x |