Spread before costs (cost unknown: a leg has no order-book sample)−0.290%
7d average+0.026%if it closes, per $10,000$29funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COINUSDT | 203.96 | 0 | get 0.0000% / 8h | 5h 52m | $15.8M | $71.9M | 20x |
| Short | Variational Omni COIN | 203.36 | 0 | get 0.0000% / 8h | 5h 52m | $874K | $916K | — |
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
- −$29.03
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$39.03
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: RFQ quote, 48 min ago. Net counts fees only.
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 Binance live order book, 7 min ago | 0.25 bp | 7.7 bp −$8 | 15.6 bp −$156 | 49.4 bp −$4,937 | doesn't fit |
| Sell Variational Omni RFQ quote, 48 min ago | 2.87 bp | doesn't fit | 25.0 bp −$250 | 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 | |
|---|---|---|---|---|---|---|---|
| Phoenix COIN | −0.326% | +0.0157% | 1h | $2K | $250K | 10x | as long as short |
| Injective COIN/USDC PERP | −0.316% | −0.0440% | 1h | $40K | $77K | 30x | as long as short |
| Variational Omni COINshort | −0.290% | 0.0000% | 8h | $874K | $916K | — | |
| ApeX Omni COINUSDT | −0.272% | +0.0100% | 1h | $91K | $634K | 50x | as long as short |
| edgeX COINUSDC | −0.178% | +0.0247% | 4h | $53K | $290K | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | −0.150% | +0.0100% | 8h | $589 | $5K | 10x | as long as short |
| Aevo COIN-PERP | −0.143% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| BloFin COIN-USDT | −0.135% | +0.0120% | 8h | $205K | $315K | 20x | as long as short |
| SoDEX COIN-USD | −0.130% | +0.0050% | 1h | $91 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | −0.125% | +0.0050% | 1h | $365K | $3.1M | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | −0.096% | +0.0041% | 1h | — | $456K | 25x | as long as short |
| Aster COINUSDT | −0.079% | 0.0000% | 8h | $375K | $832K | 20x | as long as short |
| KuCoin COINUSDTM | −0.047% | +0.0100% | 8h | $1.1M | $145K | 20x | as long as short |
| Arcus COIN-USD | −0.037% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| Gate COIN_USDT | −0.032% | 0.0000% | 8h | $1.3M | $6.4M | 50x | as long as short |
| Polymarket Perps COIN-USD | −0.032% | +0.0050% | 1h | $133K | $1.1M | 10x | as long as short |
| Lighter RH COIN | −0.022% | +0.0032% | 1h | $448K | $1.9M | 10x | as long as short |
| Extended COIN_24_5-USD | −0.015% | 0.0000% | 1h | $101K | $429K | 10x | as long as short |
| Lighter COIN | −0.014% | +0.0040% | 1h | $394K | $2.1M | 10x | as long as short |
| Binance COINUSDTlong | 0.000% | 0.0000% | 8h | $15.8M | $71.9M | 20x | |
| tradeXYZ xyz:COIN | +0.002% | +0.0179% | 1h | $16.4M | $13.2M | 10x | as long as short |
| QFEX COIN-USD | +0.017% | +0.0036% | 1h | $1.4M | $3.5M | 10x | as long as short |
| OKX COIN-USDT-SWAP | +0.032% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
| Bitget COINUSDT | +0.037% | +0.0046% | 8h | $6.8M | $9.2M | 20x | as long as short |
| Bybit COINUSDT | +0.042% | 0.0000% | 8h | $5.0M | $5.6M | 50x | as long as short |
Binance COINUSDT
Variational Omni COIN
Phoenix
Injective
ApeX Omni
BloFin
SoDEX
Aster
KuCoin
Gate
Polymarket Perps
Lighter RH
Extended
Lighter
tradeXYZ
OKX
Bitget
Bybit