After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.022%7d average+0.040%fees + slippage, in and out−$38spread needed0.382%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 202.72 | 0 | get 0.0000% / 1h | 46m 13s | $100K | $428K | 10x |
| Short | Phoenix COIN | 202.76 | 0.0157 | get 0.0020% / 1h | 46m 13s | $2K | $238K | 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
- $2.16
- Funding while held
- $4.72
- Slippage, 4 orders
- −$26.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$31.28
- Spread needed to break even
- 0.382%
Slippage from Extended: live order book, 58 min ago; Phoenix: live order book, 55 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0157%
- Per $10,000 a day
- +$4.72
- 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 Extended live order book, 58 min ago | 0.99 bp | 8.6 bp −$9 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 55 min ago | 2.95 bp | 10.5 bp −$11 | 22.2 bp −$222 | 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 | |
|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | −0.161% | +0.0023% | 1h | — | $452K | 25x | as long as short |
| Polymarket Perps COIN-USD | −0.038% | +0.0050% | 1h | $134K | $1.1M | 10x | as long as short |
| OKX COIN-USDT-SWAP | −0.033% | 0.0000% | 8h | $3.4M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | −0.018% | 0.0000% | 8h | $1.5M | $5.8M | 50x | as long as short |
| SoDEX COIN-USD | −0.018% | +0.0050% | 1h | $94 | $3K | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.008% | +0.0135% | 1h | $16.4M | $13.2M | 10x | as long as short |
| ApeX Omni COINUSDT | −0.008% | +0.0100% | 1h | $91K | $628K | 50x | as long as short |
| Aster COINUSDT | −0.003% | 0.0000% | 8h | $372K | $815K | 20x | as long as short |
| Bitget COINUSDT | −0.003% | +0.0054% | 8h | $6.8M | $8.8M | 20x | as long as short |
| Aevo COIN-PERP | −0.003% | +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 | |
|---|---|---|---|---|---|---|---|
| Binance COINUSDT | −0.002% | 0.0000% | 8h | $15.7M | $69.0M | 20x | as long as short |
| Lighter COIN | −0.001% | +0.0088% | 1h | $403K | $2.1M | 10x | as long as short |
| Extended COIN_24_5-USDlong | 0.000% | 0.0000% | 1h | $100K | $428K | 10x | |
| Lighter RH COIN | +0.002% | +0.0032% | 1h | $447K | $1.9M | 10x | as long as short |
| QFEX COIN-USD | +0.002% | +0.0039% | 1h | $1.4M | $3.5M | 10x | as long as short |
| Arcus COIN-USD | +0.007% | +0.0040% | 1h | $19K | $41K | 5x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.007% | +0.0100% | 8h | $586 | $5K | 10x | as long as short |
| BloFin COIN-USDT | +0.012% | +0.0120% | 8h | $206K | $310K | 20x | as long as short |
| Bybit COINUSDT | +0.017% | +0.0016% | 8h | $5.2M | $5.3M | 50x | as long as short |
| Phoenix COINshort | +0.022% | +0.0157% | 1h | $2K | $238K | 10x | |
| KuCoin COINUSDTM | +0.027% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| Variational Omni COIN | +0.031% | 0.0000% | 8h | $863K | $908K | — | as long as short |
| Ondo Perps COIN-USD.P | +0.031% | +0.0050% | 1h | $371K | $3.0M | 10x | as long as short |
| Injective COIN/USDC PERP | +0.031% | −0.0440% | 1h | $40K | $105K | 30x | as long as short |
| edgeX COINUSDC | +0.055% | +0.0534% | 4h | $53K | $291K | 10x | as long as short |
Extended COIN_24_5-USD
Phoenix COIN
Polymarket Perps
OKX
Gate
SoDEX
tradeXYZ
ApeX Omni
Aster
Bitget
Binance
Lighter
Lighter RH
BloFin
Bybit
KuCoin
Variational Omni
Injective