Spread before costs (cost unknown: a leg has no order-book sample)+0.020%
7d average—if it closes, per $10,000$2funding while held, a day−$0.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 205.12 | 0.0128 | pay 0.0128% / 8h | 1h 26m | $16.2M | $58.5M | 20x |
| Short | Orderly PERP_COIN_USDC_mythos | 205.16 | 0.0100 | get 0.0100% / 8h | 1h 26m | $593 | $4K | 10x |
Binance COINUSDT
Orderly PERP_COIN_USDC_mythosPrice 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
- $1.95
- Funding while held
- −$0.83
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$14.88
- Spread needed to break even
- 0.160%
Slippage unknown: Binance: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0028%
- Per $10,000 a day
- −$0.83
- 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 Binance live order book, 2 min ago | 0.24 bp | 7.5 bp −$8 | 18.6 bp −$186 | 57.5 bp −$5,748 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.tradeXYZ204.78cheapestLighter RH204.82+0.020%BloFin204.87+0.044%Injective204.88+0.049%Extended204.95+0.082%Gate204.96+0.088%Lighter204.96+0.090%Vest205.03+0.122%Ondo Perps205.04+0.127%Bitget205.04+0.127%Aster205.05+0.132%QFEX205.08+0.146%Phoenix205.08+0.146%
tradeXYZ
Lighter RH
BloFin
Injective
Extended
Gate
Lighter
Vest
Ondo Perps
Bitget
Aster
QFEX
PhoenixBinance205.12+0.166%
Polymarket Perps205.13+0.171%Aevo205.14+0.174%Bybit205.14+0.176%KuCoin205.14+0.176%SoDEX205.14+0.176%
Polymarket Perps
Aevo
Bybit
KuCoin
SoDEXOrderly205.16+0.186%
Arcus205.25+0.230%OKX205.26+0.234%Variational Omni205.47+0.335%edgeX205.62+0.409%ApeX Omni205.64+0.420%
Arcus
OKX
Variational Omni
ApeX OmniCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:COIN | −0.166% | +0.0111% | 1h | $17.2M | $12.1M | 10x | as long as short |
| Lighter RH COIN | −0.146% | +0.0032% | 1h | $518K | $1.9M | 10x | as long as short |
| BloFin COIN-USDT | −0.122% | +0.0248% | 8h | $210K | $278K | 20x | as long as short |
| Injective COIN/USDC PERP | −0.117% | −0.0440% | 1h | $41K | $132K | 30x | as long as short |
| Extended COIN_24_5-USD | −0.084% | +0.0128% | 1h | $103K | $426K | 10x | as long as short |
| Gate COIN_USDT | −0.078% | 0.0000% | 8h | $1.5M | $5.4M | 50x | as long as short |
| Lighter COIN | −0.076% | +0.0104% | 1h | $410K | $2.3M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.044% | +0.0046% | 1h | — | $409K | 25x | as long as short |
| Ondo Perps COIN-USD.P | −0.039% | +0.0050% | 1h | $477K | $2.8M | 10x | as long as short |
| Bitget COINUSDT | −0.039% | +0.0042% | 8h | $7.0M | $7.4M | 20x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster COINUSDT | −0.034% | 0.0000% | 8h | $410K | $777K | 20x | as long as short |
| QFEX COIN-USD | −0.020% | +0.0033% | 1h | $1.6M | $3.1M | 10x | as long as short |
| Phoenix COIN | −0.020% | +0.0235% | 1h | $3K | $162K | 10x | as long as short |
| Binance COINUSDTlong | 0.000% | +0.0128% | 8h | $16.2M | $58.5M | 20x | |
| Polymarket Perps COIN-USD | +0.005% | +0.0050% | 1h | $155K | $1.0M | 10x | as long as short |
| Aevo COIN-PERP | +0.008% | +0.0104% | 1h | $121 | — | 10x | as long as short |
| Bybit COINUSDT | +0.010% | +0.0061% | 8h | $5.3M | $4.7M | 50x | as long as short |
| KuCoin COINUSDTM | +0.010% | +0.0115% | 8h | $1.1M | $138K | 20x | as long as short |
| SoDEX COIN-USD | +0.010% | +0.0050% | 1h | $114 | $3K | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.020% | +0.0100% | 8h | $593 | $4K | 10x | |
| Arcus COIN-USD | +0.063% | +0.0040% | 1h | $16K | $43K | 5x | as long as short |
| OKX COIN-USDT-SWAP | +0.068% | +0.0072% | 8h | $3.5M | $4.5M | 20x | as long as short |
| Variational Omni COIN | +0.169% | +0.0070% | 8h | $920K | $803K | — | as long as short |
| edgeX COINUSDC | +0.242% | +0.0303% | 4h | $53K | $287K | 10x | as long as short |
| ApeX Omni COINUSDT | +0.254% | +0.0100% | 1h | $168K | $584K | 50x | as long as short |