After costs, if the gap returns to its 7d average, $10k−$135
spread now−0.172%7d average+0.015%fees + slippage, in and out−$116spread needed1.159%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget WUSDT | 0.01164 | 0.0100 | pay 0.0050% / 4h | 54m 53s | $1.2M | $580K | 50x |
| Short | OKX W-USDT-SWAP | 0.01162 | 0.0100 | get 0.0050% / 4h | 54m 53s | $1.3M | $2.3M | 20x |
Bitget WUSDT
OKX W-USDT-SWAPPrice 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
- −$17.18
- Funding while held
- $0
- Slippage, 4 orders
- −$93.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$133.12
- Spread needed to break even
- 1.159%
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 4 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 Bitget live order book, 3 min ago | 4.29 bp | 34.1 bp −$34 | 92.5 bp −$925 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.72 bp | 30.4 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.Gate0.01160cheapestBybit0.01161+0.060%Variational Omni0.01161+0.105%BingX0.01162+0.155%
Gate
Bybit
Variational Omni
BingXOKX0.01162+0.172%
Binance0.01162+0.215%Extended0.01163+0.239%MEXC0.01163+0.250%Hyperliquid0.01163+0.259%KuCoin0.01163+0.259%Backpack0.01163+0.302%Deribit0.01163+0.302%
Binance
Extended
MEXC
Hyperliquid
KuCoin
Backpack
DeribitBitget0.01164+0.345%
Kraken Futures0.01165+0.429%Coinbase International0.01178+1.534%Injective0.01209+4.224%
Kraken Futures
Coinbase International
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate W_USDT | −0.344% | +0.0100% | 4h | $439K | $320K | 75x | as long as short |
| Bybit WUSDT | −0.284% | +0.0100% | 4h | $4.1M | $2.2M | 50x | as long as short |
| Variational Omni W | −0.239% | +0.0100% | 4h | $70K | $42K | — | as long as short |
| BingX W-USDT | −0.189% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| OKX W-USDT-SWAPshort | −0.172% | +0.0100% | 4h | $1.3M | $2.3M | 20x | |
| Binance WUSDT | −0.129% | +0.0100% | 4h | $2.9M | $8.1M | 50x | as long as short |
| Extended W-USD | −0.105% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
| MEXC W_USDT | −0.095% | +0.0100% | 4h | $12.9M | $1.6M | 50x | as long as short |
| Hyperliquid W | −0.086% | +0.0100% | 1h | $2.0M | $516K | 5x | as long as short |
| KuCoin WUSDTM | −0.086% | +0.0100% | 4h | $410K | $244K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack W_USDC_PERP | −0.043% | −0.0271% | 1h | $39K | $47K | 15x | as long as short |
| Deribit W_USDC-PERPETUAL | −0.043% | 0.0000% | 1h | $18K | $351 | 10x | as long as short |
| Bitget WUSDTlong | 0.000% | +0.0100% | 4h | $1.2M | $580K | 50x | |
| Kraken Futures PF_WUSD | +0.084% | +0.1082% | 1h | $144K | $189K | 20x | as long as short |
| Coinbase International W-PERP-INTX | +1.186% | +0.0120% | 1h | $14K | $20K | 50x | as long as short |
| Injective W/USDC PERP | +3.866% | +0.0033% | 1h | $1K | $10K | 12x | as long as short |