data as of
Settings8H · net · $10k
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Price arb /

BTC

all BTC markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$8
spread now+0.021%7d average+0.009%fees + slippage, in and out−$9spread needed0.092%
Long on AsterShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BTCUSDT85,107.30.0055pay 0.0055% / 8h2h 38m$489.8M$865.7M200x
ShortLighter BTC85,125.50.0096get 0.0012% / 1h38m 36s$187.9M$768.8M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$2.14
Funding while held
$1.22
Slippage, 4 orders
−$1.21
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.85
Spread needed to break even
0.092%
Slippage from Aster: live order book, 2 min ago; Lighter: live order book, 7 min ago.

Cost of waiting

funding view
Funding /8h
+0.0041%
Per $10,000 a day
+$1.22
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago0.02 bp4.0 bp −$44.0 bp −$404.7 bp −$4697.0 bp −$3,501
Sell Lighter live order book, 7 min ago0.40 bp0.4 bp $00.4 bp −$41.5 bp −$1454.1 bp −$2,068

BTC price on every exchange

against the cheapest. Click to use as the short leg.
Variational Omni85,056.7cheapestApeX Omni85,065.3+0.010%Aevo85,066.8+0.012%Orderly85,075.7+0.022%Extended85,080.9+0.028%SoDEX85,081+0.029%Bullet85,090+0.039%Derive85,092.2+0.042%BingX85,094+0.044%BloFin85,095.4+0.045%edgeX85,096.1+0.046%Katana Perps85,099+0.050%GMX85,099.1+0.050%gTrade (Gains Network)85,099.3+0.050%Backpack85,099.5+0.050%Bitget85,100+0.051%StandX85,100.2+0.051%OKX85,100.8+0.052%Reya85,101.2+0.052%Bluefin85,101.8+0.053%Arcus85,104.3+0.056%
Aster85,107.3+0.059%
MEXC85,107.8+0.060%Hotstuff85,108+0.060%Gate85,112.1+0.065%Popdex85,113+0.066%Ondo Perps85,114+0.067%HTX85,114.2+0.068%Phemex85,114.4+0.068%Binance85,115.4+0.069%01 Exchange85,115.7+0.069%Bybit85,118.6+0.073%Kraken Futures85,120.4+0.075%Lighter RH85,121.3+0.076%KuCoin85,122.3+0.077%
Lighter85,125.5+0.081%
Polymarket Perps85,133+0.090%Paradex85,133.8+0.091%Pacifica85,135.9+0.093%SunX85,139+0.097%Nado85,140.2+0.098%RISEx85,145.9+0.105%Coinbase International85,147+0.106%Perpl85,152.5+0.113%Kalshi85,153+0.113%Aftermath Perps85,155.9+0.117%dYdX85,156.3+0.117%Deribit85,163.4+0.125%Jupiter Perps85,167.1+0.130%Vest85,178+0.143%Hibachi85,194.4+0.162%Bulk85,203.3+0.172%Phoenix85,212+0.183%Hyperliquid85,212.1+0.183%Injective85,352+0.347%

BTC on 55 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni BTC−0.059%+0.0100%8h$170.9M$439.0M—as long as short
ApeX Omni BTCUSDT−0.049%−0.0205%1h$137.1M$314.0M100xas long as short
Aevo BTC-PERP−0.048%+0.0096%1h$2.4M$1.7M20xas long as short
Orderly PERP_BTC_USDC−0.037%+0.0100%8h$2.2M$6.3M100xas long as short
Extended BTC-USD−0.031%+0.0104%1h$47.0M$172.5M50xas long as short
SoDEX BTC-USD−0.031%−0.0005%1h$61.0M$233.2M40xas long as short
Bullet BTC-USD−0.020%+0.0080%1h$229K$3.3M20xas long as short
Derive BTC-PERP−0.018%+0.0100%1h$26.1M$49.8M15xas long as short
BingX BTC-USDC−0.016%−0.0013%8h—$15.0M—as long as short
BloFin BTC-USDT−0.014%+0.0220%8h$419.2M$400.5M150xas long as short
Show all 55 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
edgeX BTCUSDC−0.013%−0.0100%4h$283.3M$731.2M100xas long as short
Katana Perps BTC-USD−0.010%+0.0100%8h$233K$4.5M50xas long as short
GMX BTC/USD [WBTC.b-USDC]−0.010%L +0.0189% / S −0.0194%1h$12.9M—200xas long as short
gTrade (Gains Network) BTC/USD−0.009%L +0.0004% / S −0.0004%1h$36.4M—200xas long as short
Backpack BTC_USDC_PERP−0.009%+0.0028%1h$39.8M$103.0M75xas long as short
Bitget BTCUSDT−0.009%−0.0014%8h$2.93B$3.95B150xas long as short
StandX BTC-USD−0.008%+0.0100%1h$30.4M$248.7M40xas long as short
OKX BTC-USDT-SWAP−0.008%+0.0075%8h$2.55B$9.84B100xas long as short
Reya BTCRUSDPERP−0.007%−0.0050%1h$6.7M$127.7M40xas long as short
Bluefin BTC-PERP−0.006%+0.0100%1h$142K$354K40xas long as short
Arcus BTC-USD−0.004%+0.0100%1h$6.4M$72.1M40xas long as short
Aster BTCUSDTlong0.000%+0.0055%8h$489.8M$865.7M200x
MEXC BTC_USDT+0.001%+0.0100%8h$5.05B$4.29B500xas long as short
Hotstuff BTC-PERP+0.001%−0.0080%1h$9K$2K50xas long as short
Gate BTC_USDT+0.006%−0.0059%8h$6.03B$7.77B200xas long as short
Popdex BTCUSDT+0.007%+0.0056%1h$8.4M$36.4M100xas long as short
Ondo Perps BTC-USD.P+0.008%+0.0100%1h$3.9M$14.8M25xas long as short
HTX BTC-USDT+0.008%−0.0010%8h$2.28B$720.8M200xas long as short
Phemex BTCUSDT+0.008%+0.0039%8h$164.3M$351.7M150xas long as short
Binance BTCUSDT+0.010%+0.0100%8h$9.51B$17.75B150xas long as short
01 Exchange BTCUSD+0.010%−0.0024%1h$314K$2.1M50xas long as short
Bybit BTCUSDT+0.013%+0.0100%8h$5.03B$7.10B150xas long as short
Kraken Futures PF_XBTUSD+0.015%+0.0124%1h$185.2M$689.1M100xas long as short
Lighter RH BTC+0.016%+0.0096%1h$25.0M$121.2M50xas long as short
KuCoin XBTUSDTM+0.018%+0.0080%8h$802.7M$544.1M125xas long as short
Lighter BTCshort+0.021%+0.0096%1h$187.9M$768.8M50x
Polymarket Perps BTC-USD+0.030%+0.0100%1h$10.7M$9.7M50xas long as short
Paradex BTC-USD-PERP+0.031%+0.0098%8h$4.3M$6.5M50xas long as short
Pacifica BTC+0.034%+0.0100%1h$36.4M$289.3M50xas long as short
SunX BTC-USDT+0.037%+0.0098%8h$3.3M$5.0M100xas long as short
Nado BTC-PERP+0.039%+0.0072%1h$22.9M$203.7M50xas long as short
RISEx BTC/USDC+0.045%+0.0090%1h$8.3M$34.7M25xas long as short
Coinbase International BTC-PERP-INTX+0.047%+0.0120%1h$140.0M$5.85B50xas long as short
Perpl BTC+0.053%−0.0223%43m$417K$31.9M6.7xas long as short
Kalshi KXBTCPERP+0.054%0.0000%8h$8.9M$445.0M6.4xas long as short
Aftermath Perps BTCUSD+0.057%+0.0009%1h$83K$137K20xas long as short
dYdX BTC-USD+0.058%0.0000%1h$16.4M$13.0M50xas long as short
Deribit BTC-PERPETUAL+0.066%+0.0365%1h$828.6M$848.0M50xas long as short
Jupiter Perps WBTC-PERP+0.070%L +0.0104% / S +0.0048%1h—$77.5M500xas long as short
Vest BTC-PERP+0.083%+0.0100%1h—$12.3M50xas long as short
Hibachi BTC/USDT-P+0.102%+0.0224%1h$610K$7.5M30xas long as short
Bulk BTC-USD+0.113%+0.0100%1h$532.2M$82.1M40xas long as short
Phoenix BTC+0.123%+0.0126%1h$1.5M$10.3M40xas long as short
Hyperliquid BTC+0.123%+0.0181%1h$3.86B$3.76B40xas long as short
Injective BTC/USDC PERP+0.288%−0.0036%1h$322K$27.0M52xas long as short