Log in

Futures ↔ futures: a long and a short on two exchanges

ORDER: long Mode Trade, short Bybit

Now

The ORDER long opens on Mode Trade at 0.06719, the short on Bybit at 0.06854. The price difference (basis) is 1.89%; taker fees for opening and closing both legs are 0.22%; after them 1.67%: +$17 per $1,000.

The pair's funding is −1.371% per 8 hours (negative: the pair pays).

Data as of 2026-10-24 23:37 UTC. On the free plan data is a minute older; paid plans get real time. This text is always a minute older; the live view below refreshes every 5 seconds.

Transfer and fees

No coins move between the exchanges: both legs open in place and close together.

Verdict

The engine's verdict: “Avoid”. Reasons: suspicious data; funding-against; best-level size unknown.

History

Over 7 days the spread on Mode Trade → Bybit opened 5 times; it usually lasts 1 min 44 s.

About this page

This page is one route: the prices of two exchanges, the spread before and after fees, the profit by the order books, the coin transfer status, a verdict and the spread's history. Below are the live chart for 6 hours, 24 hours, 7 and 30 days, both exchanges' order books and the trade step by step. A spread after fees is not the profit: the books' depth, the withdrawal fee and the time the coins are in transit all count.

…