After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.061%7d average−0.108%fees + slippage, in and out−$46spread needed0.458%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IBMUSDT | 229.08 | 0 | get 0.0000% / 8h | 7h 08m | $4.1M | $4.8M | 20x |
| Short | tradeXYZ xyz:IBM | 228.94 | 0.0050 | get 0.0006% / 1h | 8m 47s | $2.1M | $637K | 10x |
Binance IBMUSDT
tradeXYZ xyz:IBMPrice 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
- −$6.11
- Funding while held
- $1.5
- Slippage, 4 orders
- −$17.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$50.45
- Spread needed to break even
- 0.458%
Slippage from Binance: live order book, just now; tradeXYZ: live order book, 10 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 Binance live order book, just now | 0.87 bp | 11.1 bp −$11 | 38.4 bp −$384 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.31 bp | 13.0 bp −$13 | 17.9 bp −$179 | doesn't fit | doesn't fit |
IBM price on every exchange
against the cheapest. Click to use as the short leg.Injective201.05cheapest
SunX228.80+13.803%Vest228.88+13.842%Bitget228.90+13.852%Bybit228.93+13.867%
Injective
SunX
Vest
Bitget
BybittradeXYZ228.94+13.872%
Gate228.96+13.882%KuCoin228.99+13.897%Aster229.03+13.918%QFEX229.07+13.937%
Gate
KuCoin
Aster
QFEXBinance229.08+13.942%
OKX229.08+13.942%Extended229.09+13.948%Variational Omni229.10+13.953%Lighter229.13+13.967%BloFin229.18+13.992%HTX229.53+14.166%
OKX
Extended
Variational Omni
Lighter
BloFin
HTXIBM on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective IBM/USDC PERP | −12.236% | +0.0033% | 1h | — | $57 | 12x | as long as short |
| SunX IBM-USDT | −0.122% | 0.0000% | 8h | $1K | $523K | 10x | as long as short |
| Vest IBM-USD-PERP | −0.087% | +0.0046% | 1h | — | — | 25x | as long as short |
| Bitget IBMUSDT | −0.079% | 0.0000% | 8h | $806K | $375K | 20x | as long as short |
| Bybit IBMUSDT | −0.065% | 0.0000% | 8h | $968K | $336K | 50x | as long as short |
| tradeXYZ xyz:IBMshort | −0.061% | +0.0050% | 1h | $2.1M | $637K | 10x | |
| Gate IBM_USDT | −0.052% | 0.0000% | 8h | $827K | $1.4M | 50x | as long as short |
| KuCoin IBMUSDTM | −0.039% | +0.0100% | 8h | $194K | $31K | 20x | as long as short |
| Aster IBMUSDT | −0.021% | 0.0000% | 8h | $14K | $124K | 20x | as long as short |
| QFEX IBM-USD | −0.004% | +0.0038% | 1h | $1.3M | $2.8M | 10x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance IBMUSDTlong | 0.000% | 0.0000% | 8h | $4.1M | $4.8M | 20x | |
| OKX IBM-USDT-SWAP | 0.000% | 0.0000% | 8h | $1.4M | $1.0M | 20x | as long as short |
| Extended IBM-USD | +0.005% | 0.0000% | 1h | $54K | $202K | 10x | as long as short |
| Variational Omni IBM | +0.010% | 0.0000% | 8h | $254K | $15K | — | as long as short |
| Lighter IBM | +0.022% | +0.0032% | 1h | $37K | $50K | 10x | as long as short |
| BloFin IBM-USDT | +0.044% | +0.0023% | 8h | $47K | $40K | 20x | as long as short |
| HTX IBM-USDT | +0.196% | 0.0000% | 8h | $6K | $34K | 20x | as long as short |