data as of
Settings8H · net · $10k
Price arb /

USUAL

all USUAL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$87
spread now+0.052%7d average+0.068%fees + slippage, in and out−$85spread needed0.851%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC USUAL_USDT0.013530.0100pay 0.0050% / 4h45m 13s$5.9M$327K100x
ShortBingX USUAL-USDT0.013540.0100get 0.0050% / 4h45m 13s$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
$5.17
Funding while held
$0
Slippage, 4 orders
−$71.13
Fee MEXC: 2 bp × 2 orders
−$4
Fee BingX: 5 bp × 2 orders
−$10
Net
−$79.96
Spread needed to break even
0.851%
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 6 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 MEXC live order book, 3 min ago2.95 bp9.2 bp −$9134.0 bp −$1,340902.9 bp −$90.3Kdoesn't fit
Sell BingX live order book, 6 min ago5.89 bp36.4 bp −$36141.8 bp −$1,418565.8 bp −$56.6K843.6 bp −$421.8K

USUAL price on every exchange

against the cheapest. Click to use as the short leg.

USUAL on 11 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective USUAL/USDC PERP−1.027%−0.5000%1h$6K$56K5.5xas long as short
Binance USUALUSDT−0.017%+0.0100%4h$2.1M$3.9M50xas long as short
Kraken Futures PF_USUALUSD−0.006%−0.0740%1h$110K$35K10xas long as short
MEXC USUAL_USDTlong0.000%+0.0100%4h$5.9M$327K100x
BingX USUAL-USDTshort+0.052%+0.0100%4h$1.2M
Bitget USUALUSDT+0.081%+0.0100%4h$787K$562K50xas long as short
Bybit USUALUSDT+0.126%+0.0100%4h$988K$1.0M25xas long as short
Hyperliquid USUAL+0.155%+0.0100%1h$386K$245K3xas long as short
Gate USUAL_USDT+0.155%+0.0100%8h$923K$251K50xas long as short
KuCoin USUALUSDTM+0.155%+0.0100%4h$282K$69K20xas long as short
Show all 11 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni USUAL+0.170%+0.0100%4h$9K$8Kas long as short