After costs, if the gap returns to its 7d average, $10k−$238
spread now−0.233%7d average−0.201%fees + slippage, in and out−$235spread needed2.349%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MSFT-USDT | 494.41 | 0 | get 0.0000% / 8h | 46m 32s | $6K | $3.8M | 20x |
| Short | Gate MSFT_USDT | 493.26 | 0 | get 0.0000% / 8h | 46m 32s | $3.0M | $1.0M | 100x |
SunX MSFT-USDT
Gate 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
- −$23.26
- Funding while held
- $0
- Slippage, 4 orders
- −$209.86
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$258.13
- Spread needed to break even
- 2.349%
Slippage from SunX: live order book, 8 min ago; Gate: live order book, 3 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 SunX live order book, 8 min ago | 0.10 bp | 106.0 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.04 bp | 14.2 bp −$14 | 35.8 bp −$358 | doesn't fit | doesn't fit |
MSFT price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ492.95cheapestOndo Perps492.99+0.008%Hotstuff492.99+0.008%Polymarket Perps493.00+0.010%Vest493.05+0.020%ApeX Omni493.07+0.024%Nado493.14+0.039%KuCoin493.17+0.045%Phoenix493.20+0.051%
tradeXYZ
Ondo Perps
Hotstuff
Polymarket Perps
Vest
ApeX Omni
Nado
KuCoin
PhoenixGate493.26+0.063%
Lighter RH493.28+0.067%Paradex493.30+0.070%Arcus493.33+0.077%OKX493.37+0.085%Lighter493.39+0.089%Bybit493.39+0.089%Deribit493.39+0.089%Bitget493.40+0.091%QFEX493.43+0.097%Extended493.47+0.105%Orderly493.49+0.110%Binance493.50+0.112%SoDEX493.51+0.114%Aster493.53+0.118%HTX493.54+0.120%Aevo493.54+0.120%Injective493.59+0.130%BloFin493.64+0.140%edgeX493.65+0.142%Variational Omni493.70+0.153%Phemex493.84+0.181%Coinbase International493.89+0.191%
Lighter RH
Paradex
Arcus
OKX
Lighter
Bybit
Deribit
Bitget
QFEX
Extended
Orderly
Binance
SoDEX
Aster
HTX
Aevo
Injective
BloFin
Variational Omni
Phemex
Coinbase InternationalSunX494.41+0.296%
MSFT on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MSFT | −0.295% | +0.0050% | 1h | $23.1M | $6.1M | 20x | as long as short |
| Ondo Perps MSFT-USD.P | −0.287% | +0.0050% | 1h | $536K | $371K | 15x | as long as short |
| Hotstuff MSFT-PERP | −0.287% | +0.0032% | 1h | $40K | — | 20x | as long as short |
| Polymarket Perps MSFT-USD | −0.285% | +0.0050% | 1h | $288K | $470K | 10x | as long as short |
| Vest MSFT-USD-PERP | −0.275% | +0.0046% | 1h | — | — | 25x | as long as short |
| ApeX Omni MSFTUSDT | −0.271% | +0.0100% | 1h | $157K | $7K | 50x | as long as short |
| Nado MSFT-PERP | −0.257% | −0.0008% | 1h | $458K | $4K | 20x | as long as short |
| KuCoin MSFTUSDTM | −0.251% | +0.0100% | 8h | $1.5M | $6K | 20x | as long as short |
| Phoenix MSFT | −0.245% | +0.0065% | 1h | $10K | $15K | 20x | as long as short |
| Gate MSFT_USDTshort | −0.233% | 0.0000% | 8h | $3.0M | $1.0M | 100x |