After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.029%7d average+0.060%fees + slippage, in and out−$39spread needed0.390%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 203.88 | 0.0036 | pay 0.0004% / 1h | 48m 44s | $1.4M | $3.5M | 10x |
| Short | Bybit COINUSDT | 203.82 | 0 | get 0.0000% / 8h | 5h 48m | $5.0M | $5.6M | 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
- −$2.94
- Funding while held
- −$1.07
- Slippage, 4 orders
- −$18.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.03
- Spread needed to break even
- 0.390%
Slippage from QFEX: live order book, 6 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0036%
- Per $10,000 a day
- −$1.07
- 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 QFEX live order book, 6 min ago | 1.96 bp | 7.0 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.49 bp | 13.2 bp −$13 | 29.2 bp −$292 | 335.5 bp −$33.6K | 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 | |
|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.284% | −0.0440% | 1h | $40K | $77K | 30x | as long as short |
| KuCoin COINUSDTM | −0.083% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| ApeX Omni COINUSDT | −0.083% | +0.0100% | 1h | $92K | $632K | 50x | as long as short |
| Vest COIN-USD-PERP | −0.064% | +0.0044% | 1h | — | $456K | 25x | as long as short |
| Gate COIN_USDT | −0.059% | 0.0000% | 8h | $1.3M | $6.5M | 50x | as long as short |
| tradeXYZ xyz:COIN | −0.044% | +0.0166% | 1h | $16.4M | $13.2M | 10x | as long as short |
| Ondo Perps COIN-USD.P | −0.044% | +0.0050% | 1h | $366K | $3.1M | 10x | as long as short |
| Extended COIN_24_5-USD | −0.041% | 0.0000% | 1h | $101K | $429K | 10x | as long as short |
| Lighter RH COIN | −0.039% | +0.0032% | 1h | $448K | $1.9M | 10x | as long as short |
| Binance COINUSDT | −0.035% | 0.0000% | 8h | $15.8M | $72.0M | 20x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter COIN | −0.033% | +0.0032% | 1h | $394K | $2.1M | 10x | as long as short |
| Bybit COINUSDTshort | −0.029% | 0.0000% | 8h | $5.0M | $5.6M | 50x | |
| Polymarket Perps COIN-USD | −0.029% | +0.0050% | 1h | $127K | $1.1M | 10x | as long as short |
| Phoenix COIN | −0.029% | +0.0157% | 1h | $3K | $250K | 10x | as long as short |
| Aster COINUSDT | −0.027% | 0.0000% | 8h | $376K | $832K | 20x | as long as short |
| edgeX COINUSDC | −0.021% | +0.0096% | 4h | $53K | $291K | 10x | as long as short |
| Arcus COIN-USD | −0.015% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| Bitget COINUSDT | −0.015% | +0.0047% | 8h | $6.8M | $9.2M | 20x | as long as short |
| BloFin COIN-USDT | −0.010% | +0.0120% | 8h | $204K | $316K | 20x | as long as short |
| QFEX COIN-USDlong | 0.000% | +0.0036% | 1h | $1.4M | $3.5M | 10x | |
| SoDEX COIN-USD | +0.010% | +0.0050% | 1h | $92 | $3K | 10x | as long as short |
| Variational Omni COIN | +0.012% | 0.0000% | 8h | $876K | $916K | — | as long as short |
| Aevo COIN-PERP | +0.018% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.020% | +0.0100% | 8h | $590 | $5K | 10x | as long as short |
| OKX COIN-USDT-SWAP | +0.025% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
Bybit COINUSDT
Injective
KuCoin
ApeX Omni
Gate
tradeXYZ
Extended
Lighter RH
Binance
Lighter
Polymarket Perps
Phoenix
Aster
Bitget
BloFin
SoDEX
Variational Omni
OKX