After costs, if the gap returns to its 7d average, $10k−$31
spread now+0.020%7d average−0.053%fees + slippage, in and out−$38spread needed0.381%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit COINUSDT | 203.65 | 0 | get 0.0000% / 8h | 5h 45m | $5.0M | $5.6M | 50x |
| Short | Polymarket Perps COIN-USD | 203.69 | 0.0050 | get 0.0006% / 1h | 45m 01s | $127K | $1.1M | 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
- $1.96
- Funding while held
- $1.5
- Slippage, 4 orders
- −$19.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.63
- Spread needed to break even
- 0.381%
Slippage from Bybit: live order book, 4 min ago; Polymarket Perps: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Bybit live order book, 4 min ago | 0.49 bp | 11.9 bp −$12 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.21 bp | 6.2 bp −$6 | 6.7 bp −$67 | 10.0 bp −$999 | 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 | −0.049% | +0.0050% | 1h | $366K | $3.1M | 10x | as long as short |
| Binance COINUSDT | −0.029% | 0.0000% | 8h | $15.8M | $72.1M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.025% | +0.0046% | 1h | — | $456K | 25x | as long as short |
| BloFin COIN-USDT | −0.025% | +0.0120% | 8h | $203K | $323K | 20x | as long as short |
| tradeXYZ xyz:COIN | −0.020% | +0.0158% | 1h | $16.4M | $13.2M | 10x | as long as short |
| KuCoin COINUSDTM | −0.020% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| Lighter RH COIN | −0.015% | +0.0032% | 1h | $448K | $1.9M | 10x | as long as short |
| Lighter COIN | −0.004% | +0.0032% | 1h | $393K | $2.1M | 10x | as long as short |
| Bybit COINUSDTlong | 0.000% | 0.0000% | 8h | $5.0M | $5.6M | 50x | |
| SoDEX COIN-USD | 0.000% | +0.0050% | 1h | $84 | $3K | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni COINUSDT | +0.005% | +0.0100% | 1h | $92K | $632K | 50x | as long as short |
| Extended COIN_24_5-USD | +0.009% | 0.0000% | 1h | $101K | $429K | 10x | as long as short |
| Bitget COINUSDT | +0.010% | +0.0050% | 8h | $6.8M | $9.2M | 20x | as long as short |
| Gate COIN_USDT | +0.020% | 0.0000% | 8h | $1.3M | $6.5M | 50x | as long as short |
| Polymarket Perps COIN-USDshort | +0.020% | +0.0050% | 1h | $127K | $1.1M | 10x | |
| Variational Omni COIN | +0.025% | 0.0000% | 8h | $875K | $916K | — | as long as short |
| Aster COINUSDT | +0.029% | 0.0000% | 8h | $375K | $832K | 20x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.029% | +0.0100% | 8h | $589 | $5K | 10x | as long as short |
| Arcus COIN-USD | +0.039% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| Aevo COIN-PERP | +0.049% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| OKX COIN-USDT-SWAP | +0.069% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
| Injective COIN/USDC PERP | +0.074% | −0.0440% | 1h | $41K | $77K | 30x | as long as short |
| QFEX COIN-USD | +0.079% | +0.0036% | 1h | $1.4M | $3.5M | 10x | as long as short |
| Phoenix COIN | +0.093% | +0.0157% | 1h | $2K | $250K | 10x | as long as short |
| edgeX COINUSDC | +0.102% | +0.0407% | 4h | $53K | $292K | 10x | as long as short |
Bybit COINUSDT
Polymarket Perps COIN-USD
Binance
BloFin
tradeXYZ
KuCoin
Lighter RH
Lighter
SoDEX
ApeX Omni
Extended
Bitget
Gate
Variational Omni
Aster
OKX
Injective
Phoenix