After costs, if the gap returns to its 7d average, $10k−$506
spread now−0.377%7d average+0.006%fees + slippage, in and out−$468spread needed4.680%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate W_USDT | 0.01167 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $442K | $323K | 75x |
| Short | Bybit WUSDT | 0.01162 | 0.0100 | get 0.0050% / 4h | 1h 58m | $4.0M | $2.4M | 50x |
Gate W_USDT
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
- −$37.71
- Funding while held
- $0
- Slippage, 4 orders
- −$441.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$505.67
- Spread needed to break even
- 4.680%
Slippage from Gate: live order book, 39 min ago; Bybit: live order book, 1 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 Gate live order book, 39 min ago | 3.43 bp | 220.6 bp −$221 | 23576.8 bp −$235.8K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 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 Omni0.01159cheapest
Variational OmniBybit0.01162+0.275%
KuCoin0.01163+0.336%OKX0.01163+0.379%MEXC0.01163+0.379%BingX0.01164+0.396%Bitget0.01164+0.422%Extended0.01164+0.425%Binance0.01164+0.430%Deribit0.01165+0.482%Hyperliquid0.01165+0.508%Coinbase International0.01166+0.551%Backpack0.01166+0.569%
KuCoin
OKX
MEXC
BingX
Bitget
Extended
Binance
Deribit
Hyperliquid
Coinbase International
BackpackGate0.01167+0.655%
Kraken Futures0.01167+0.656%Injective0.01209+4.304%
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 | −0.651% | +0.0100% | 4h | $70K | $42K | — | as long as short |
| Bybit WUSDTshort | −0.377% | +0.0100% | 4h | $4.0M | $2.4M | 50x | |
| KuCoin WUSDTM | −0.317% | +0.0100% | 4h | $406K | $248K | 50x | as long as short |
| OKX W-USDT-SWAP | −0.274% | +0.0100% | 4h | $1.3M | $2.4M | 20x | as long as short |
| MEXC W_USDT | −0.274% | +0.0100% | 4h | $11.5M | $1.3M | 50x | as long as short |
| BingX W-USDT | −0.257% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Bitget WUSDT | −0.231% | +0.0100% | 4h | $1.2M | $599K | 50x | as long as short |
| Extended W-USD | −0.228% | +0.0104% | 1h | $58K | $276K | 5x | as long as short |
| Binance WUSDT | −0.223% | +0.0100% | 4h | $2.9M | $8.5M | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | −0.171% | −0.0351% | 1h | $18K | $351 | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid W | −0.146% | +0.0100% | 1h | $2.0M | $625K | 5x | as long as short |
| Coinbase International W-PERP-INTX | −0.103% | +0.0024% | 1h | $14K | $21K | 50x | as long as short |
| Backpack W_USDC_PERP | −0.086% | +0.0100% | 1h | $39K | $49K | 15x | as long as short |
| Gate W_USDTlong | 0.000% | +0.0100% | 4h | $442K | $323K | 75x | |
| Kraken Futures PF_WUSD | +0.001% | +0.0906% | 1h | $145K | $193K | 20x | as long as short |
| Injective W/USDC PERP | +3.626% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |