After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.022%7d average+0.013%fees + slippage, in and out−$3spread needed0.030%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETH_USDT | 2,747.8 | 0.0050 | pay 0.0050% / 8h | 5h 28m | $1.60B | $2.39B | 500x |
| Short | Lighter ETH | 2,748.4 | 0.0096 | get 0.0012% / 1h | 28m 55s | $115.9M | $481.7M | 50x |
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
- $2.22
- Funding while held
- $1.38
- Slippage, 4 orders
- −$0.98
- Fee MEXC: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $0.62
- Spread needed to break even
- 0.030%
Slippage from MEXC: live order book, 2 min ago; Lighter: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.38
- 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 MEXC live order book, 2 min ago | 0.02 bp | 1.0 bp −$1 | 1.2 bp −$12 | 1.6 bp −$158 | 4.2 bp −$2,090 |
| Sell Lighter live order book, 7 min ago | 0.35 bp | 0.6 bp −$1 | 1.0 bp −$10 | 1.5 bp −$149 | 4.7 bp −$2,345 |
ETH price on every exchange
against the cheapest. Click to use as the short leg.ETH on 54 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo ETH-PERP | −0.064% | +0.0048% | 1h | $5.0M | $662K | 20x | as long as short |
| Injective ETH/USDC PERP | −0.059% | −0.0004% | 1h | $118K | $22.5M | 52x | as long as short |
| StandX ETH-USD | −0.026% | +0.0100% | 1h | $21.2M | $52.0M | 40x | as long as short |
| Variational Omni ETH | −0.018% | +0.0100% | 8h | $145.5M | $307.3M | — | as long as short |
| edgeX ETHUSDC | −0.013% | +0.0100% | 4h | $179.1M | $741.0M | 100x | as long as short |
| HTX ETH-USDT | −0.004% | +0.0100% | 8h | $1.08B | $1.21B | 200x | as long as short |
| SoDEX ETH-USD | −0.001% | −0.0017% | 1h | $55.4M | $162.3M | 40x | as long as short |
| MEXC ETH_USDTlong | 0.000% | +0.0050% | 8h | $1.60B | $2.39B | 500x | |
| Extended ETH-USD | 0.000% | +0.0104% | 1h | $31.6M | $75.2M | 50x | as long as short |
| Aster ETHUSDT | +0.001% | +0.0087% | 8h | $267.1M | $933.6M | 200x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ETHUSDT | +0.005% | +0.0050% | 8h | $6.54B | $15.91B | 150x | as long as short |
| KuCoin ETHUSDTM | +0.006% | +0.0100% | 8h | $417.3M | $687.4M | 100x | as long as short |
| Gate ETH_USDT | +0.007% | +0.0063% | 8h | $3.35B | $8.96B | 200x | as long as short |
| BingX ETH-USDT | +0.007% | +0.0012% | 8h | — | $1.06B | — | as long as short |
| Backpack ETH_USDC_PERP | +0.009% | +0.0100% | 1h | $15.3M | $41.7M | 50x | as long as short |
| Phemex ETHUSDT | +0.020% | +0.0038% | 8h | $265.4M | $65.0M | 150x | as long as short |
| BloFin ETH-USDT | +0.020% | +0.0170% | 8h | $291.1M | $175.7M | 150x | as long as short |
| Bullet ETH-USD | +0.021% | +0.0026% | 1h | $193K | $1.8M | 20x | as long as short |
| Lighter ETHshort | +0.022% | +0.0096% | 1h | $115.9M | $481.7M | 50x | |
| Bulk ETH-USD | +0.023% | −0.0005% | 1h | $158.7M | $271.5M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.024% | +0.0232% | 1h | $285K | $1.4M | 20x | as long as short |
| Hotstuff ETH-PERP | +0.025% | −0.0080% | 1h | $5K | $2K | 50x | as long as short |
| Bitget ETHUSDT | +0.028% | +0.0084% | 8h | $2.11B | $2.94B | 150x | as long as short |
| ApeX Omni ETHUSDT | +0.032% | −0.0009% | 1h | $8.2M | $28.1M | 100x | as long as short |
| OKX ETH-USDT-SWAP | +0.033% | +0.0015% | 8h | $1.73B | $11.03B | 100x | as long as short |
| Bybit ETHUSDT | +0.036% | +0.0100% | 8h | $2.50B | $4.33B | 150x | as long as short |
| Nado ETH-PERP | +0.037% | +0.0100% | 1h | $17.2M | $111.1M | 50x | as long as short |
| SunX ETH-USDT | +0.041% | +0.0100% | 8h | $965K | $14.1M | 100x | as long as short |
| Bluefin ETH-PERP | +0.049% | +0.0100% | 1h | $21K | $25K | 25x | as long as short |
| Reya ETHRUSDPERP | +0.054% | +0.0208% | 1h | $7.3M | $847K | 25x | as long as short |
| Kraken Futures PF_ETHUSD | +0.056% | +0.0162% | 1h | $85.2M | $321.7M | 100x | as long as short |
| Vest ETH-PERP | +0.056% | +0.0100% | 1h | — | $1.0M | 50x | as long as short |
| Lighter RH ETH | +0.059% | +0.0096% | 1h | $25.4M | $119.9M | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | +0.064% | L −0.0013% / S +0.0045% | 1h | $11.9M | — | 200x | as long as short |
| Aftermath Perps ETHUSD | +0.067% | +0.0132% | 1h | $29K | $19K | 20x | as long as short |
| Phoenix ETH | +0.068% | +0.0073% | 1h | $1.1M | $2.5M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | +0.069% | L +0.0006% / S −0.0006% | 1h | $22.3M | — | 200x | as long as short |
| Deribit ETH-PERPETUAL | +0.071% | +0.0023% | 1h | $258.3M | $204.0M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.072% | +0.0100% | 1h | $2.9M | $14.9M | 25x | as long as short |
| 01 Exchange ETHUSD | +0.072% | 0.0000% | 1h | $180K | $1.2M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.074% | +0.0136% | 1h | $59.6M | $4.52B | 50x | as long as short |
| Katana Perps ETH-USD | +0.083% | +0.0100% | 8h | $477K | $2.4M | 50x | as long as short |
| Kalshi KXETHPERP | +0.083% | +0.0136% | 8h | $9.5M | $609.8M | 4.9x | as long as short |
| Derive ETH-PERP | +0.084% | +0.0100% | 1h | $42.4M | $29.2M | 15x | as long as short |
| Jupiter Perps ETH-PERP | +0.086% | L +0.0096% / S +0.0048% | 1h | — | $43.1M | 500x | as long as short |
| Orderly PERP_ETH_USDC | +0.090% | +0.0127% | 8h | $32.2M | $10.7M | 100x | as long as short |
| Arcus ETH-USD | +0.091% | +0.0100% | 1h | $2.7M | $16.0M | 25x | as long as short |
| Perpl ETH | +0.092% | 0.0000% | 43m | $292K | $6.3M | 8.3x | as long as short |
| Pacifica ETH | +0.096% | +0.0100% | 1h | $31.1M | $248.0M | 50x | as long as short |
| RISEx ETH/USDC | +0.099% | +0.0083% | 1h | $5.9M | $12.2M | 25x | as long as short |
| Hyperliquid ETH | +0.108% | +0.0100% | 1h | $3.21B | $2.15B | 25x | as long as short |
| dYdX ETH-USD | +0.120% | 0.0000% | 1h | $13.1M | $41.6M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.127% | +0.0100% | 1h | $11.4M | $6.7M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.224% | +0.0100% | 8h | $14.6M | $10.9M | 50x | as long as short |
MEXC ETH_USDT
Lighter ETH
Injective
StandX
Variational Omni
HTX
SoDEX
Extended
Aster
Binance
KuCoin
Gate
BingX
Backpack
Phemex
BloFin
Bullet
Bulk
Bitget
ApeX Omni
OKX
Bybit
SunX
Bluefin
Kraken Futures
Lighter RH
GMX
Phoenix
gTrade (Gains Network)
Deribit
Coinbase International
Katana Perps
Derive
Pacifica
RISEx
Hyperliquid
Polymarket Perps
Paradex