After costs, if the gap returns to its 7d average, $10k−$493
spread now+0.060%7d average−0.040%fees + slippage, in and out−$503spread needed5.030%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX W-USDT-SWAP | 0.01167 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $1.3M | $2.3M | 20x |
| Short | Gate W_USDT | 0.01167 | 0.0100 | get 0.0050% / 4h | 3h 22m | $436K | $334K | 75x |
OKX W-USDT-SWAP
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
- $6
- Funding while held
- $0
- Slippage, 4 orders
- −$478.05
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$497.04
- Spread needed to break even
- 5.030%
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 20 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 OKX live order book, 1 min ago | 2.99 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 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.BingX0.01165cheapestKuCoin0.01165+0.009%Bybit0.01166+0.086%Hyperliquid0.01166+0.094%Bitget0.01166+0.094%Extended0.01166+0.105%
BingX
KuCoin
Bybit
Hyperliquid
Bitget
ExtendedOKX0.01167+0.146%
Deribit0.01167+0.172%
DeribitGate0.01167+0.206%
Binance0.01167+0.219%MEXC0.01168+0.258%Variational Omni0.01170+0.439%Kraken Futures0.01170+0.466%Backpack0.01171+0.541%Coinbase International0.01187+1.897%Injective0.01209+3.786%
Binance
MEXC
Variational Omni
Kraken Futures
Backpack
Coinbase International
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX W-USDT | −0.146% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| KuCoin WUSDTM | −0.137% | +0.0100% | 4h | $410K | $250K | 50x | as long as short |
| Bybit WUSDT | −0.060% | +0.0100% | 4h | $4.1M | $2.3M | 50x | as long as short |
| Hyperliquid W | −0.051% | +0.0100% | 1h | $2.0M | $660K | 5x | as long as short |
| Bitget WUSDT | −0.051% | +0.0100% | 4h | $1.2M | $592K | 50x | as long as short |
| Extended W-USD | −0.041% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
| OKX W-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $1.3M | $2.3M | 20x | |
| Deribit W_USDC-PERPETUAL | +0.026% | 0.0000% | 1h | $18K | $351 | 10x | as long as short |
| Gate W_USDTshort | +0.060% | +0.0100% | 4h | $436K | $334K | 75x | |
| Binance WUSDT | +0.073% | +0.0100% | 4h | $2.9M | $8.5M | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC W_USDT | +0.111% | +0.0100% | 4h | $11.6M | $1.3M | 50x | as long as short |
| Variational Omni W | +0.293% | +0.0100% | 4h | $82K | $30K | — | as long as short |
| Kraken Futures PF_WUSD | +0.319% | +0.0599% | 1h | $146K | $193K | 20x | as long as short |
| Backpack W_USDC_PERP | +0.394% | −0.0126% | 1h | $37K | $49K | 15x | as long as short |
| Coinbase International W-PERP-INTX | +1.749% | +0.0120% | 1h | $14K | $22K | 50x | as long as short |
| Injective W/USDC PERP | +3.634% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |