After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.044%7d average−0.035%fees + slippage, in and out−$44spread needed0.437%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 204.30 | 0.0004 | pay 0.0004% / 8h | 19m 12s | $15.9M | $65.2M | 20x |
| Short | tradeXYZ xyz:COIN | 204.39 | 0.0050 | get 0.0006% / 1h | 19m 12s | $16.6M | $13.2M | 10x |
Price 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
- $4.41
- Funding while held
- $1.39
- Slippage, 4 orders
- −$15.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.88
- Spread needed to break even
- 0.437%
Slippage from Binance: live order book, 10 min ago; tradeXYZ: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.39
- 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, 10 min ago | 0.25 bp | 9.0 bp −$9 | 22.9 bp −$229 | 59.0 bp −$5,898 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.73 bp | 12.0 bp −$12 | 15.3 bp −$153 | doesn't fit | doesn't fit |
COIN price on every exchange
against the cheapest. Click to use as the short leg.COIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX COIN-USD | −0.044% | +0.0050% | 1h | $114 | $3K | 10x | as long as short |
| Vest COIN-USD-PERP | −0.024% | +0.0046% | 1h | — | $427K | 25x | as long as short |
| BloFin COIN-USDT | −0.015% | +0.0014% | 8h | $210K | $293K | 20x | as long as short |
| Lighter RH COIN | −0.010% | +0.0032% | 1h | $470K | $2.0M | 10x | as long as short |
| Lighter COIN | −0.005% | +0.0032% | 1h | $413K | $2.4M | 10x | as long as short |
| Binance COINUSDTlong | 0.000% | +0.0004% | 8h | $15.9M | $65.2M | 20x | |
| Bitget COINUSDT | +0.005% | +0.0003% | 8h | $6.8M | $8.4M | 20x | as long as short |
| OKX COIN-USDT-SWAP | +0.010% | 0.0000% | 8h | $3.4M | $4.7M | 20x | as long as short |
| Polymarket Perps COIN-USD | +0.010% | +0.0050% | 1h | $134K | $1.1M | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.010% | +0.0100% | 8h | $591 | $5K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin COINUSDTM | +0.015% | +0.0100% | 8h | $1.1M | $140K | 20x | as long as short |
| Variational Omni COIN | +0.016% | 0.0000% | 8h | $867K | $880K | — | as long as short |
| Extended COIN_24_5-USD | +0.037% | 0.0000% | 1h | $101K | $429K | 10x | as long as short |
| tradeXYZ xyz:COINshort | +0.044% | +0.0050% | 1h | $16.6M | $13.2M | 10x | |
| Aevo COIN-PERP | +0.047% | +0.0104% | 1h | $121 | — | 10x | as long as short |
| Gate COIN_USDT | +0.059% | 0.0000% | 8h | $1.5M | $5.7M | 50x | as long as short |
| Bybit COINUSDT | +0.069% | +0.0010% | 8h | $5.2M | $5.1M | 50x | as long as short |
| Arcus COIN-USD | +0.073% | +0.0040% | 1h | $16K | $42K | 5x | as long as short |
| ApeX Omni COINUSDT | +0.073% | +0.0100% | 1h | $167K | $587K | 50x | as long as short |
| edgeX COINUSDC | +0.075% | +0.0419% | 4h | $53K | $290K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.088% | +0.0050% | 1h | $374K | $2.9M | 10x | as long as short |
| QFEX COIN-USD | +0.088% | +0.0029% | 1h | $1.6M | $3.2M | 10x | as long as short |
| Injective COIN/USDC PERP | +0.088% | −0.0440% | 1h | $41K | $107K | 30x | as long as short |
| Aster COINUSDT | +0.152% | 0.0000% | 8h | $408K | $780K | 20x | as long as short |
| Phoenix COIN | +0.191% | +0.0156% | 1h | $4K | $207K | 10x | as long as short |
Binance COINUSDT
tradeXYZ xyz:COIN
SoDEX
BloFin
Lighter RH
Lighter
Bitget
OKX
Polymarket Perps
KuCoin
Variational Omni
Extended
Gate
Bybit
ApeX Omni
Injective
Aster
Phoenix