After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.026%7d average−0.004%fees + slippage, in and out−$54spread needed0.536%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX IBM-USD | 230.14 | 0.0052 | pay 0.0007% / 1h | 8m 49s | $1.2M | $3.0M | 10x |
| Short | Bitget IBMUSDT | 230.20 | 0 | get 0.0000% / 8h | 5h 08m | $813K | $379K | 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
- $2.61
- Funding while held
- −$1.57
- Slippage, 4 orders
- −$31.65
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.61
- Spread needed to break even
- 0.536%
Slippage from QFEX: live order book, 6 min ago; Bitget: live order book, 18 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0052%
- Per $10,000 a day
- −$1.57
- 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 | 1.31 bp | 7.3 bp −$7 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 18 min ago | 2.83 bp | 26.4 bp −$26 | 90.8 bp −$908 | doesn't fit | doesn't fit |
IBM price on every exchange
against the cheapest. Click to use as the short leg.IBM on 17 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective IBM/USDC PERP | −12.640% | +0.0033% | 1h | — | $57 | 12x | as long as short |
| SunX IBM-USDT | −0.122% | 0.0000% | 8h | $1K | $524K | 10x | as long as short |
| KuCoin IBMUSDTM | −0.035% | +0.0100% | 8h | $194K | $33K | 20x | as long as short |
| Vest IBM-USD-PERP | −0.026% | +0.0046% | 1h | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | −0.022% | +0.0050% | 1h | $2.1M | $706K | 10x | as long as short |
| Bybit IBMUSDT | −0.022% | 0.0000% | 8h | $966K | $350K | 50x | as long as short |
| Gate IBM_USDT | −0.022% | 0.0000% | 8h | $816K | $1.4M | 50x | as long as short |
| Variational Omni IBM | −0.022% | 0.0000% | 8h | $255K | $15K | — | as long as short |
| QFEX IBM-USDlong | 0.000% | +0.0052% | 1h | $1.2M | $3.0M | 10x | |
| OKX IBM-USDT-SWAP | +0.009% | 0.0000% | 8h | $1.4M | $1.1M | 20x | as long as short |
Show all 17 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget IBMUSDTshort | +0.026% | 0.0000% | 8h | $813K | $379K | 20x | |
| Aster IBMUSDT | +0.027% | 0.0000% | 8h | $14K | $124K | 20x | as long as short |
| Lighter IBM | +0.030% | +0.0032% | 1h | $38K | $50K | 10x | as long as short |
| Extended IBM-USD | +0.037% | 0.0000% | 1h | $54K | $202K | 10x | as long as short |
| Binance IBMUSDT | +0.045% | 0.0000% | 8h | $4.2M | $5.0M | 20x | as long as short |
| BloFin IBM-USDT | +0.109% | −0.0002% | 8h | $47K | $48K | 20x | as long as short |
| HTX IBM-USDT | +0.209% | 0.0000% | 8h | $6K | $34K | 20x | as long as short |
Bitget IBMUSDT
Injective
SunX
KuCoin
tradeXYZ
Bybit
Gate
Variational Omni
OKX
Aster
Lighter
Extended
Binance
BloFin
HTX