After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.010%7d average+0.035%fees + slippage, in and out−$44spread needed0.437%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COIN | 204.54 | 0.0050 | pay 0.0006% / 1h | 19m 51s | $16.6M | $13.2M | 10x |
| Short | Binance COINUSDT | 204.52 | 0.0004 | get 0.0004% / 8h | 19m 51s | $15.9M | $65.2M | 20x |
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
- −$0.98
- Funding while held
- −$1.39
- Slippage, 4 orders
- −$15.68
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.05
- Spread needed to break even
- 0.437%
Slippage from tradeXYZ: live order book, 11 min ago; Binance: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.39
- 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 tradeXYZ live order book, 11 min ago | 0.73 bp | 12.8 bp −$13 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.25 bp | 9.8 bp −$10 | 28.4 bp −$284 | 60.8 bp −$6,079 | 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 | −0.191% | +0.0046% | 1h | — | $427K | 25x | as long as short |
| Polymarket Perps COIN-USD | −0.112% | +0.0050% | 1h | $134K | $1.1M | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | −0.103% | +0.0100% | 8h | $591 | $5K | 10x | as long as short |
| Variational Omni COIN | −0.101% | 0.0000% | 8h | $867K | $880K | — | as long as short |
| Arcus COIN-USD | −0.078% | +0.0040% | 1h | $16K | $42K | 5x | as long as short |
| QFEX COIN-USD | −0.078% | +0.0029% | 1h | $1.6M | $3.2M | 10x | as long as short |
| Gate COIN_USDT | −0.039% | 0.0000% | 8h | $1.5M | $5.7M | 50x | as long as short |
| Aevo COIN-PERP | −0.038% | +0.0104% | 1h | $121 | — | 10x | as long as short |
| Lighter RH COIN | −0.034% | +0.0032% | 1h | $471K | $2.0M | 10x | as long as short |
| SoDEX COIN-USD | −0.034% | +0.0050% | 1h | $112 | $3K | 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 | −0.019% | +0.0008% | 1h | $101K | $429K | 10x | as long as short |
| KuCoin COINUSDTM | −0.015% | +0.0100% | 8h | $1.1M | $140K | 20x | as long as short |
| Binance COINUSDTshort | −0.010% | +0.0004% | 8h | $15.9M | $65.2M | 20x | |
| tradeXYZ xyz:COINlong | 0.000% | +0.0050% | 1h | $16.6M | $13.2M | 10x | |
| OKX COIN-USDT-SWAP | +0.024% | 0.0000% | 8h | $3.4M | $4.7M | 20x | as long as short |
| Lighter COIN | +0.027% | +0.0032% | 1h | $414K | $2.4M | 10x | as long as short |
| Bitget COINUSDT | +0.034% | +0.0002% | 8h | $6.8M | $8.4M | 20x | as long as short |
| Aster COINUSDT | +0.046% | 0.0000% | 8h | $408K | $780K | 20x | as long as short |
| Bybit COINUSDT | +0.049% | +0.0010% | 8h | $5.2M | $5.1M | 50x | as long as short |
| BloFin COIN-USDT | +0.049% | +0.0023% | 8h | $211K | $293K | 20x | as long as short |
| Ondo Perps COIN-USD.P | +0.073% | +0.0050% | 1h | $374K | $2.9M | 10x | as long as short |
| ApeX Omni COINUSDT | +0.073% | +0.0100% | 1h | $167K | $587K | 50x | as long as short |
| Phoenix COIN | +0.073% | +0.0156% | 1h | $3K | $207K | 10x | as long as short |
| Injective COIN/USDC PERP | +0.098% | −0.0440% | 1h | $41K | $107K | 30x | as long as short |
| edgeX COINUSDC | +0.176% | +0.0988% | 4h | $53K | $289K | 10x | as long as short |
tradeXYZ xyz:COIN
Binance COINUSDT
Polymarket Perps
Variational Omni
Gate
Lighter RH
SoDEX
Extended
KuCoin
OKX
Lighter
Bitget
Aster
Bybit
BloFin
ApeX Omni
Phoenix
Injective