After costs, if the gap returns to its 7d average, $10k−$494
spread now−0.116%7d average−0.096%fees + slippage, in and out−$492spread needed4.921%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WUSDT | 0.01170 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $3.0M | $8.6M | 50x |
| Short | Gate W_USDT | 0.01168 | 0.0100 | get 0.0050% / 4h | 2h 37m | $440K | $331K | 75x |
Binance WUSDT
Gate W_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
- −$11.56
- Funding while held
- $0
- Slippage, 4 orders
- −$467.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$503.69
- Spread needed to break even
- 4.921%
Slippage from Binance: live order book, 3 min ago; Gate: live order book, 65 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 Binance live order book, 3 min ago | 2.57 bp | 18.6 bp −$19 | 90.2 bp −$902 | doesn't fit | doesn't fit |
| Sell Gate live order book, 65 min ago | 7.19 bp | 223.3 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.01167cheapestBingX0.01168+0.106%Bybit0.01168+0.115%OKX0.01168+0.132%
Variational Omni
BingX
Bybit
OKXGate0.01168+0.149%
KuCoin0.01169+0.200%
KuCoinBinance0.01170+0.265%
Hyperliquid0.01170+0.286%MEXC0.01170+0.286%Bitget0.01170+0.286%Extended0.01170+0.289%Coinbase International0.01170+0.295%Deribit0.01170+0.303%Backpack0.01171+0.363%Kraken Futures0.01172+0.474%Injective0.01209+3.629%
Hyperliquid
MEXC
Bitget
Extended
Coinbase International
Deribit
Backpack
Kraken Futures
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni W | −0.264% | +0.0100% | 4h | $82K | $30K | — | as long as short |
| BingX W-USDT | −0.158% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Bybit WUSDT | −0.150% | +0.0100% | 4h | $4.1M | $2.4M | 50x | as long as short |
| OKX W-USDT-SWAP | −0.133% | +0.0100% | 4h | $1.3M | $2.4M | 20x | as long as short |
| Gate W_USDTshort | −0.116% | +0.0100% | 4h | $440K | $331K | 75x | |
| KuCoin WUSDTM | −0.064% | +0.0100% | 4h | $410K | $256K | 50x | as long as short |
| Binance WUSDTlong | 0.000% | +0.0100% | 4h | $3.0M | $8.6M | 50x | |
| Hyperliquid W | +0.021% | +0.0100% | 1h | $2.0M | $628K | 5x | as long as short |
| MEXC W_USDT | +0.021% | +0.0100% | 4h | $11.6M | $1.4M | 50x | as long as short |
| Bitget WUSDT | +0.021% | +0.0100% | 4h | $1.2M | $618K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended W-USD | +0.024% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.030% | +0.0088% | 1h | $14K | $22K | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.038% | −0.0177% | 1h | $18K | $351 | 10x | as long as short |
| Backpack W_USDC_PERP | +0.098% | +0.0100% | 1h | $37K | $48K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.208% | +0.1502% | 1h | $146K | $193K | 20x | as long as short |
| Injective W/USDC PERP | +3.355% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |