After costs, if the gap returns to its 7d average, $10k−$41
spread now+0.025%7d average−0.002%fees + slippage, in and out−$44spread needed0.437%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 203.30 | 0.0044 | pay 0.0044% / 8h | 7h 01m | $6.8M | $8.7M | 20x |
| Short | Bybit COINUSDT | 203.35 | 0.0008 | get 0.0008% / 8h | 7h 01m | $5.2M | $5.3M | 50x |
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
- $2.46
- Funding while held
- −$1.09
- Slippage, 4 orders
- −$20.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.32
- Spread needed to break even
- 0.437%
Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.09
- 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 Bitget live order book, 3 min ago | 2.21 bp | 10.3 bp −$10 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.72 bp | 11.8 bp −$12 | 26.4 bp −$264 | 265.5 bp −$26.6K | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps COIN-USD.P | −0.118% | +0.0050% | 1h | $368K | $3.0M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.103% | +0.0022% | 1h | — | $448K | 25x | as long as short |
| Aster COINUSDT | −0.061% | 0.0000% | 8h | $372K | $814K | 20x | as long as short |
| Polymarket Perps COIN-USD | −0.059% | +0.0050% | 1h | $135K | $1.1M | 10x | as long as short |
| KuCoin COINUSDTM | −0.049% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| tradeXYZ xyz:COIN | −0.025% | +0.0050% | 1h | $16.5M | $13.2M | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | −0.020% | +0.0100% | 8h | $588 | $5K | 10x | as long as short |
| Arcus COIN-USD | −0.015% | +0.0040% | 1h | $19K | $41K | 5x | as long as short |
| SoDEX COIN-USD | −0.015% | +0.0050% | 1h | $96 | $3K | 10x | as long as short |
| Aevo COIN-PERP | −0.011% | +0.0104% | 1h | $120 | — | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | −0.011% | 0.0000% | 1h | $101K | $428K | 10x | as long as short |
| QFEX COIN-USD | −0.010% | +0.0036% | 1h | $1.6M | $3.4M | 10x | as long as short |
| Gate COIN_USDT | −0.010% | 0.0000% | 8h | $1.5M | $5.8M | 50x | as long as short |
| Binance COINUSDT | −0.010% | 0.0000% | 8h | $15.7M | $68.6M | 20x | as long as short |
| Lighter RH COIN | −0.005% | +0.0032% | 1h | $451K | $1.9M | 10x | as long as short |
| OKX COIN-USDT-SWAP | −0.005% | 0.0000% | 8h | $3.4M | $4.5M | 20x | as long as short |
| Bitget COINUSDTlong | 0.000% | +0.0044% | 8h | $6.8M | $8.7M | 20x | |
| Lighter COIN | +0.002% | +0.0032% | 1h | $404K | $2.2M | 10x | as long as short |
| Bybit COINUSDTshort | +0.025% | +0.0008% | 8h | $5.2M | $5.3M | 50x | |
| Injective COIN/USDC PERP | +0.059% | −0.0440% | 1h | $40K | $107K | 30x | as long as short |
| BloFin COIN-USDT | +0.064% | +0.0120% | 8h | $204K | $309K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.079% | +0.0100% | 1h | $166K | $588K | 50x | as long as short |
| Phoenix COIN | +0.098% | +0.0118% | 1h | $4K | $225K | 10x | as long as short |
| edgeX COINUSDC | +0.154% | +0.0136% | 4h | $53K | $291K | 10x | as long as short |
| Variational Omni COIN | +0.160% | 0.0000% | 8h | $867K | $911K | — | as long as short |
Bitget COINUSDT
Bybit COINUSDT
Aster
Polymarket Perps
KuCoin
tradeXYZ
SoDEX
Extended
Gate
Binance
Lighter RH
OKX
Lighter
Injective
BloFin
ApeX Omni
Phoenix
Variational Omni