Spread before costs (cost unknown: a leg has no order-book sample)−0.058%
7d average—if it closes, per $10,000$6funding while held, a day+$2.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 205.24 | 0.0040 | pay 0.0005% / 1h | 28m 30s | $16K | $43K | 5x |
| Short | Binance COINUSDT | 205.12 | 0.0131 | get 0.0131% / 8h | 1h 28m | $16.2M | $58.3M | 20x |
Arcus COIN-USD
Binance COINUSDTPrice 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
- −$5.85
- Funding while held
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.62
- Spread needed to break even
- 0.145%
Slippage unknown: Arcus: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0091%
- Per $10,000 a day
- +$2.72
- 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.98 bp | 9.0 bp −$9 | 19.5 bp −$195 | 57.6 bp −$5,757 | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN price on every exchange
against the cheapest. Click to use as the short leg.QFEX205.08cheapestExtended205.08+0.000%
QFEX
ExtendedBinance205.12+0.020%
Aster205.17+0.043%Bitget205.18+0.049%Bybit205.19+0.054%OKX205.19+0.054%tradeXYZ205.23+0.073%Gate205.23+0.073%Lighter205.24+0.078%
Aster
Bitget
Bybit
OKX
tradeXYZ
Gate
LighterArcus205.24+0.078%
Lighter RH205.28+0.098%Ondo Perps205.30+0.107%Injective205.31+0.112%SoDEX205.31+0.112%KuCoin205.33+0.122%Aevo205.34+0.128%edgeX205.39+0.151%BloFin205.39+0.151%Orderly205.40+0.156%Vest205.43+0.171%Variational Omni205.47+0.189%Polymarket Perps205.49+0.200%Phoenix205.58+0.244%ApeX Omni205.64+0.273%
Lighter RH
Ondo Perps
Injective
SoDEX
KuCoin
Aevo
BloFin
Orderly
Vest
Variational Omni
Polymarket Perps
Phoenix
ApeX OmniCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | −0.078% | +0.0033% | 1h | $1.6M | $3.1M | 10x | as long as short |
| Extended COIN_24_5-USD | −0.077% | +0.0128% | 1h | $107K | $419K | 10x | as long as short |
| Binance COINUSDTshort | −0.058% | +0.0131% | 8h | $16.2M | $58.3M | 20x | |
| Aster COINUSDT | −0.035% | 0.0000% | 8h | $410K | $777K | 20x | as long as short |
| Bitget COINUSDT | −0.029% | +0.0043% | 8h | $7.0M | $7.4M | 20x | as long as short |
| Bybit COINUSDT | −0.024% | +0.0061% | 8h | $5.3M | $4.7M | 50x | as long as short |
| OKX COIN-USDT-SWAP | −0.024% | +0.0074% | 8h | $3.5M | $4.5M | 20x | as long as short |
| tradeXYZ xyz:COIN | −0.005% | +0.0112% | 1h | $17.2M | $12.1M | 10x | as long as short |
| Gate COIN_USDT | −0.005% | 0.0000% | 8h | $1.5M | $5.4M | 50x | as long as short |
| Lighter COIN | 0.000% | +0.0104% | 1h | $412K | $2.3M | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus COIN-USDlong | 0.000% | +0.0040% | 1h | $16K | $43K | 5x | |
| Lighter RH COIN | +0.019% | +0.0032% | 1h | $519K | $1.9M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.029% | +0.0050% | 1h | $477K | $2.8M | 10x | as long as short |
| Injective COIN/USDC PERP | +0.034% | −0.0440% | 1h | $41K | $105K | 30x | as long as short |
| SoDEX COIN-USD | +0.034% | +0.0050% | 1h | $114 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.044% | +0.0117% | 8h | $1.1M | $138K | 20x | as long as short |
| Aevo COIN-PERP | +0.050% | +0.0104% | 1h | $121 | — | 10x | as long as short |
| edgeX COINUSDC | +0.073% | +0.0298% | 4h | $53K | $289K | 10x | as long as short |
| BloFin COIN-USDT | +0.073% | +0.0253% | 8h | $210K | $279K | 20x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.078% | +0.0100% | 8h | $594 | $4K | 10x | as long as short |
| Vest COIN-USD-PERP | +0.093% | +0.0046% | 1h | — | $409K | 25x | as long as short |
| Variational Omni COIN | +0.110% | +0.0070% | 8h | $920K | $803K | — | as long as short |
| Polymarket Perps COIN-USD | +0.122% | +0.0050% | 1h | $155K | $1.0M | 10x | as long as short |
| Phoenix COIN | +0.166% | +0.0235% | 1h | $2K | $162K | 10x | as long as short |
| ApeX Omni COINUSDT | +0.195% | +0.0100% | 1h | $168K | $584K | 50x | as long as short |