After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.048%7d average−0.027%fees + slippage, in and out−$31spread needed0.307%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MSFTUSDT | 493.89 | 0 | get 0.0000% / 8h | 1h 30m | $153K | $60K | 20x |
| Short | HTX MSFT-USDT | 493.65 | 0 | get 0.0000% / 8h | 1h 30m | $58K | $230K | 20x |
Aster MSFTUSDT
HTX MSFT-USDTPrice 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
- −$4.78
- Funding while held
- $0
- Slippage, 4 orders
- −$10.71
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$35.49
- Spread needed to break even
- 0.307%
Slippage from Aster: live order book, 23 min ago; HTX: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Aster live order book, 23 min ago | 0.81 bp | 7.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 23 min ago | 2.52 bp | 8.5 bp −$9 | 11.5 bp −$115 | doesn't fit | doesn't fit |
MSFT price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ493.43cheapestDeribit493.50+0.014%Hotstuff493.57+0.028%Vest493.59+0.032%Polymarket Perps493.59+0.032%KuCoin493.60+0.034%Lighter RH493.63+0.041%
tradeXYZ
Deribit
Hotstuff
Vest
Polymarket Perps
KuCoin
Lighter RHHTX493.65+0.045%
Extended493.68+0.051%Gate493.68+0.051%Ondo Perps493.70+0.055%Orderly493.73+0.061%SoDEX493.75+0.065%Coinbase International493.75+0.065%Aevo493.77+0.070%Nado493.79+0.072%Bybit493.81+0.077%Lighter493.86+0.087%Paradex493.87+0.089%Arcus493.87+0.089%
Extended
Gate
Ondo Perps
Orderly
SoDEX
Coinbase International
Aevo
Nado
Bybit
Lighter
Paradex
ArcusAster493.89+0.092%
Bitget493.92+0.099%Binance493.97+0.110%QFEX494.00+0.116%OKX494.04+0.124%Phemex494.18+0.152%ApeX Omni494.20+0.156%Variational Omni494.25+0.166%BloFin494.33+0.182%Phoenix494.48+0.213%edgeX494.59+0.234%SunX494.72+0.261%Injective494.74+0.265%
Bitget
Binance
QFEX
OKX
Phemex
ApeX Omni
Variational Omni
BloFin
Phoenix
SunX
InjectiveMSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MSFT | −0.092% | +0.0050% | 1h | $23.2M | $5.9M | 20x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | −0.078% | 0.0000% | 1h | $27K | $98K | 10x | as long as short |
| Hotstuff MSFT-PERP | −0.064% | −0.1392% | 1h | $40K | — | 20x | as long as short |
| Vest MSFT-USD-PERP | −0.060% | +0.0046% | 1h | — | — | 25x | as long as short |
| Polymarket Perps MSFT-USD | −0.060% | +0.0050% | 1h | $291K | $411K | 10x | as long as short |
| KuCoin MSFTUSDTM | −0.058% | +0.0100% | 8h | $1.5M | $6K | 20x | as long as short |
| Lighter RH MSFT | −0.052% | +0.0032% | 1h | $686K | $2.1M | 20x | as long as short |
| HTX MSFT-USDTshort | −0.048% | 0.0000% | 8h | $58K | $230K | 20x | |
| Extended MSFT_24_5-USD | −0.042% | 0.0000% | 1h | $329K | $380K | 17x | as long as short |
| Gate MSFT_USDT | −0.042% | 0.0000% | 8h | $3.0M | $970K | 100x | as long as short |