After costs, if the gap returns to its 7d average, $10k−$100
spread now−0.072%7d average−0.094%fees + slippage, in and out−$103spread needed1.025%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01163 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $2.9M | $8.5M | 50x |
| Short | Bybit WUSDT | 0.01162 | 0.0100 | get 0.0050% / 4h | 1h 58m | $4.0M | $2.4M | 50x |
Binance WUSDT
Bybit WUSDTPrice 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
- −$7.21
- Funding while held
- $0
- Slippage, 4 orders
- −$81.52
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$109.73
- Spread needed to break even
- 1.025%
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, just now.
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 Binance live order book, 12 min ago | 0.43 bp | 18.7 bp −$19 | 95.5 bp −$955 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 4.74 bp | 26.8 bp −$27 | 121.9 bp −$1,219 | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.01159cheapestOKX0.01162+0.267%
Variational Omni
OKXBybit0.01162+0.292%
Coinbase International0.01163+0.336%Extended0.01163+0.359%
Coinbase International
ExtendedBinance0.01163+0.365%
MEXC0.01163+0.370%BingX0.01163+0.379%Hyperliquid0.01164+0.422%KuCoin0.01164+0.422%Bitget0.01164+0.422%Deribit0.01164+0.448%Backpack0.01166+0.569%Kraken Futures0.01166+0.625%Gate0.01167+0.681%Injective0.01209+4.304%
MEXC
BingX
Hyperliquid
KuCoin
Bitget
Deribit
Backpack
Kraken Futures
Gate
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni W | −0.364% | +0.0100% | 4h | $70K | $42K | — | as long as short |
| OKX W-USDT-SWAP | −0.098% | +0.0100% | 4h | $1.3M | $2.3M | 20x | as long as short |
| Bybit WUSDTshort | −0.072% | +0.0100% | 4h | $4.0M | $2.4M | 50x | |
| Coinbase International W-PERP-INTX | −0.029% | +0.0024% | 1h | $14K | $22K | 50x | as long as short |
| Extended W-USD | −0.006% | +0.0104% | 1h | $58K | $276K | 5x | as long as short |
| Binance WUSDTlong | 0.000% | +0.0100% | 4h | $2.9M | $8.5M | 50x | |
| MEXC W_USDT | +0.005% | +0.0100% | 4h | $11.5M | $1.3M | 50x | as long as short |
| BingX W-USDT | +0.014% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Hyperliquid W | +0.057% | +0.0100% | 1h | $2.0M | $625K | 5x | as long as short |
| KuCoin WUSDTM | +0.057% | +0.0100% | 4h | $406K | $248K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget WUSDT | +0.057% | +0.0100% | 4h | $1.2M | $599K | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.083% | −0.0522% | 1h | $18K | $351 | 10x | as long as short |
| Backpack W_USDC_PERP | +0.203% | +0.0100% | 1h | $39K | $49K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.260% | +0.0906% | 1h | $145K | $193K | 20x | as long as short |
| Gate W_USDT | +0.315% | +0.0100% | 4h | $442K | $323K | 75x | as long as short |
| Injective W/USDC PERP | +3.925% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |