After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.136%7d average−0.093%fees + slippage, in and out−$66spread needed0.660%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC W_USDT | 0.01176 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $12.2M | $1.5M | 50x |
| Short | Bybit WUSDT | 0.01174 | 0.0100 | get 0.0050% / 4h | 1h 15m | $4.1M | $2.2M | 50x |
MEXC 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
- −$13.61
- Funding while held
- $0
- Slippage, 4 orders
- −$51.01
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.62
- Spread needed to break even
- 0.660%
Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 3 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 MEXC live order book, 4 min ago | 1.27 bp | 8.4 bp −$8 | 53.4 bp −$534 | 84.9 bp −$8,493 | 164.8 bp −$82.4K |
| Sell Bybit live order book, 3 min ago | 2.97 bp | 24.0 bp −$24 | 150.8 bp −$1,508 | doesn't fit | doesn't fit |
W price on every exchange
against the cheapest. Click to use as the short leg.OKX0.01174cheapest
OKXBybit0.01174+0.051%
Variational Omni0.01175+0.089%BingX0.01175+0.102%
Variational Omni
BingXMEXC0.01176+0.187%
Hyperliquid0.01176+0.213%KuCoin0.01176+0.213%Bitget0.01176+0.213%Deribit0.01176+0.222%Binance0.01176+0.236%Extended0.01176+0.237%Backpack0.01177+0.315%Gate0.01178+0.358%Coinbase International0.01178+0.366%Kraken Futures0.01178+0.425%Injective0.01209+3.025%
Hyperliquid
KuCoin
Bitget
Deribit
Binance
Extended
Backpack
Gate
Coinbase International
Kraken Futures
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX W-USDT-SWAP | −0.187% | +0.0100% | 4h | $1.3M | $2.3M | 20x | as long as short |
| Bybit WUSDTshort | −0.136% | +0.0100% | 4h | $4.1M | $2.2M | 50x | |
| Variational Omni W | −0.099% | +0.0100% | 4h | $71K | $42K | — | as long as short |
| BingX W-USDT | −0.085% | +0.0100% | 4h | — | $6.9M | — | as long as short |
| MEXC W_USDTlong | 0.000% | +0.0100% | 4h | $12.2M | $1.5M | 50x | |
| Hyperliquid W | +0.026% | +0.0100% | 1h | $2.0M | $569K | 5x | as long as short |
| KuCoin WUSDTM | +0.026% | +0.0100% | 4h | $416K | $244K | 50x | as long as short |
| Bitget WUSDT | +0.026% | +0.0100% | 4h | $1.2M | $581K | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.034% | −0.0260% | 1h | $18K | $351 | 10x | as long as short |
| Binance WUSDT | +0.049% | +0.0100% | 4h | $3.0M | $8.1M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended W-USD | +0.050% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
| Backpack W_USDC_PERP | +0.128% | +0.0100% | 1h | $39K | $47K | 15x | as long as short |
| Gate W_USDT | +0.170% | +0.0100% | 4h | $445K | $326K | 75x | as long as short |
| Coinbase International W-PERP-INTX | +0.179% | +0.0024% | 1h | $14K | $20K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.237% | +0.0897% | 1h | $146K | $194K | 20x | as long as short |
| Injective W/USDC PERP | +2.832% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |