After costs, if the gap returns to its 7d average, $10k−$92
spread now+0.086%7d average+0.050%fees + slippage, in and out−$96spread needed0.958%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WUSDT | 0.01161 | 0.0100 | pay 0.0050% / 4h | 55m 33s | $4.1M | $2.2M | 50x |
| Short | BingX W-USDT | 0.01162 | 0.0100 | get 0.0050% / 4h | 55m 33s | — | $6.9M | — |
Bybit WUSDT
BingX 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
- $8.62
- Funding while held
- $0
- Slippage, 4 orders
- −$74.83
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$87.21
- Spread needed to break even
- 0.958%
Slippage from Bybit: live order book, 3 min ago; BingX: 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 Bybit live order book, 3 min ago | 1.29 bp | 24.8 bp −$25 | 175.8 bp −$1,758 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.00 bp | 22.3 bp −$22 | 60.3 bp −$603 | 571.5 bp −$57.1K | 1094.6 bp −$547.3K |
W price on every exchange
against the cheapest. Click to use as the short leg.Gate0.01160cheapest
GateBybit0.01161+0.052%
Variational Omni0.01161+0.105%
Variational OmniBingX0.01162+0.138%
OKX0.01162+0.147%Extended0.01162+0.180%MEXC0.01162+0.181%Hyperliquid0.01163+0.259%KuCoin0.01163+0.259%Binance0.01163+0.296%Deribit0.01163+0.302%Bitget0.01164+0.345%Backpack0.01164+0.353%Kraken Futures0.01166+0.495%Coinbase International0.01178+1.534%Injective0.01209+4.224%
OKX
Extended
MEXC
Hyperliquid
KuCoin
Binance
Deribit
Bitget
Backpack
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 | −0.052% | +0.0100% | 4h | $439K | $320K | 75x | as long as short |
| Bybit WUSDTlong | 0.000% | +0.0100% | 4h | $4.1M | $2.2M | 50x | |
| Variational Omni W | +0.053% | +0.0100% | 4h | $70K | $42K | — | as long as short |
| BingX W-USDTshort | +0.086% | +0.0100% | 4h | — | $6.9M | — | |
| OKX W-USDT-SWAP | +0.095% | +0.0100% | 4h | $1.3M | $2.3M | 20x | as long as short |
| Extended W-USD | +0.128% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
| MEXC W_USDT | +0.129% | +0.0100% | 4h | $12.9M | $1.6M | 50x | as long as short |
| Hyperliquid W | +0.207% | +0.0100% | 1h | $2.0M | $555K | 5x | as long as short |
| KuCoin WUSDTM | +0.207% | +0.0100% | 4h | $410K | $244K | 50x | as long as short |
| Binance WUSDT | +0.245% | +0.0100% | 4h | $2.9M | $8.1M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | +0.250% | 0.0000% | 1h | $18K | $351 | 10x | as long as short |
| Bitget WUSDT | +0.293% | +0.0100% | 4h | $1.2M | $580K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.302% | −0.0216% | 1h | $39K | $47K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.443% | +0.1082% | 1h | $144K | $189K | 20x | as long as short |
| Coinbase International W-PERP-INTX | +1.482% | +0.0120% | 1h | $14K | $20K | 50x | as long as short |
| Injective W/USDC PERP | +4.170% | +0.0033% | 1h | $1K | $10K | 12x | as long as short |