After costs, if the gap returns to its 7d average, $10k−$9
spread now+0.047%7d average+0.007%fees + slippage, in and out−$13spread needed0.132%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX ETH-USD | 2,720.4 | 0.0100 | pay 0.0013% / 1h | 44m 25s | $20.8M | $55.3M | 40x |
| Short | Lighter RH ETH | 2,721.7 | 0.0096 | get 0.0012% / 1h | 44m 25s | $25.8M | $115.2M | 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
- $4.71
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$5.19
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$8.6
- Spread needed to break even
- 0.132%
Slippage from StandX: live order book, 1 min ago; Lighter RH: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 StandX live order book, 1 min ago | 1.47 bp | 5.7 bp −$6 | 6.5 bp −$65 | 7.6 bp −$759 | 28.0 bp −$14.0K |
| Sell Lighter RH live order book, 6 min ago | 1.03 bp | 1.0 bp −$1 | 1.4 bp −$14 | 5.3 bp −$534 | 58.7 bp −$29.3K |
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 | |
|---|---|---|---|---|---|---|---|
| Extended ETH-USD | −0.138% | +0.0104% | 1h | $32.6M | $72.8M | 50x | as long as short |
| Bitget ETHUSDT | −0.105% | +0.0079% | 8h | $2.12B | $2.96B | 150x | as long as short |
| Reya ETHRUSDPERP | −0.105% | +0.0148% | 1h | $7.3M | $913K | 25x | as long as short |
| OKX ETH-USDT-SWAP | −0.103% | +0.0016% | 8h | $1.71B | $10.56B | 100x | as long as short |
| BingX ETH-USDT | −0.090% | +0.0100% | 8h | — | $1.05B | — | as long as short |
| Bullet ETH-USD | −0.086% | +0.0066% | 1h | $181K | $1.9M | 20x | as long as short |
| Katana Perps ETH-USD | −0.070% | +0.0100% | 8h | $467K | $1.9M | 50x | as long as short |
| Bybit ETHUSDT | −0.065% | +0.0100% | 8h | $2.42B | $4.28B | 150x | as long as short |
| Gate ETH_USDT | −0.064% | −0.0040% | 8h | $3.67B | $8.32B | 200x | as long as short |
| Binance ETHUSDT | −0.061% | +0.0100% | 8h | $6.54B | $14.56B | 150x | as long as short |
Show all 54 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ETH-USD | −0.059% | +0.0100% | 1h | $10.7M | $4.9M | 50x | as long as short |
| Injective ETH/USDC PERP | −0.055% | −0.0112% | 1h | $117K | $22.5M | 52x | as long as short |
| dYdX ETH-USD | −0.054% | +0.0431% | 1h | $24.5M | $21.5M | 50x | as long as short |
| Variational Omni ETH | −0.047% | +0.0100% | 8h | $152.3M | $292.5M | — | as long as short |
| MEXC ETH_USDT | −0.044% | +0.0100% | 8h | $1.54B | $2.33B | 500x | as long as short |
| Nado ETH-PERP | −0.034% | +0.0100% | 1h | $18.8M | $111.0M | 50x | as long as short |
| Arcus ETH-USD | −0.033% | +0.0100% | 1h | $2.4M | $14.4M | 25x | as long as short |
| Perpl ETH | −0.033% | −0.0335% | 43m | $181K | $5.3M | 8.3x | as long as short |
| RISEx ETH/USDC | −0.031% | +0.0266% | 1h | $5.9M | $13.5M | 25x | as long as short |
| KuCoin ETHUSDTM | −0.031% | +0.0100% | 8h | $392.7M | $670.1M | 100x | as long as short |
| Bulk ETH-USD | −0.029% | +0.0100% | 1h | $148.8M | $275.4M | 25x | as long as short |
| Vest ETH-PERP | −0.028% | +0.0100% | 1h | — | $1.2M | 50x | as long as short |
| Kalshi KXETHPERP | −0.026% | 0.0000% | 8h | $4.6M | $481.3M | 4.9x | as long as short |
| Backpack ETH_USDC_PERP | −0.022% | +0.0033% | 1h | $15.4M | $38.2M | 50x | as long as short |
| Hotstuff ETH-PERP | −0.018% | −0.0080% | 1h | $5K | $1K | 50x | as long as short |
| Ondo Perps ETH-USD.P | −0.007% | +0.0270% | 1h | $3.2M | $12.7M | 25x | as long as short |
| BloFin ETH-USDT | −0.003% | +0.0220% | 8h | $293.6M | $170.9M | 150x | as long as short |
| Pacifica ETH | −0.002% | +0.0100% | 1h | $30.8M | $188.4M | 50x | as long as short |
| StandX ETH-USDlong | 0.000% | +0.0100% | 1h | $20.8M | $55.3M | 40x | |
| HTX ETH-USDT | 0.000% | +0.0100% | 8h | $1.08B | $1.14B | 200x | as long as short |
| Aster ETHUSDT | +0.002% | +0.0100% | 8h | $267.6M | $812.5M | 200x | as long as short |
| SunX ETH-USDT | +0.003% | +0.0100% | 8h | $938K | $14.1M | 100x | as long as short |
| Lighter ETH | +0.004% | +0.0096% | 1h | $118.5M | $471.5M | 50x | as long as short |
| Bluefin ETH-PERP | +0.013% | +0.0694% | 1h | $19K | $24K | 25x | as long as short |
| SoDEX ETH-USD | +0.015% | +0.0085% | 1h | $55.4M | $139.7M | 40x | as long as short |
| 01 Exchange ETHUSD | +0.026% | +0.0528% | 1h | $186K | $1.0M | 50x | as long as short |
| GMX ETH/USD [ETH-USDC] | +0.028% | L +0.0016% / S +0.0014% | 1h | $11.6M | — | 200x | as long as short |
| Aevo ETH-PERP | +0.029% | +0.0096% | 1h | $4.9M | $778K | 20x | as long as short |
| Jupiter Perps ETH-PERP | +0.034% | L +0.0096% / S +0.0048% | 1h | — | $41.5M | 500x | as long as short |
| gTrade (Gains Network) ETH/USD | +0.035% | L +0.0006% / S −0.0006% | 1h | $22.1M | — | 200x | as long as short |
| Hyperliquid ETH | +0.037% | +0.0216% | 1h | $3.17B | $2.07B | 25x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.040% | +0.0056% | 1h | $60.7M | $4.68B | 50x | as long as short |
| Phemex ETHUSDT | +0.042% | +0.0046% | 8h | $263.2M | $65.7M | 150x | as long as short |
| Kraken Futures PF_ETHUSD | +0.046% | +0.0262% | 1h | $85.0M | $313.7M | 100x | as long as short |
| Lighter RH ETHshort | +0.047% | +0.0096% | 1h | $25.8M | $115.2M | 50x | |
| Aftermath Perps ETHUSD | +0.050% | +0.0230% | 1h | $29K | $34K | 20x | as long as short |
| ApeX Omni ETHUSDT | +0.064% | +0.0028% | 1h | $7.6M | $27.4M | 100x | as long as short |
| Deribit ETH-PERPETUAL | +0.065% | +0.0195% | 1h | $259.5M | $209.0M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.076% | +0.0099% | 8h | $14.1M | $11.4M | 50x | as long as short |
| edgeX ETHUSDC | +0.082% | +0.0100% | 4h | $192.3M | $668.9M | 100x | as long as short |
| Orderly PERP_ETH_USDC | +0.092% | +0.0213% | 8h | $31.9M | $11.1M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.117% | +0.0248% | 1h | $306K | $1.2M | 20x | as long as short |
| Phoenix ETH | +0.129% | +0.0070% | 1h | $1.4M | $2.4M | 25x | as long as short |
| Derive ETH-PERP | +0.227% | +0.0772% | 1h | $42.4M | $18.9M | 15x | as long as short |
StandX ETH-USD
Lighter RH ETH
Extended
Bitget
OKX
BingX
Bullet
Katana Perps
Bybit
Gate
Binance
Polymarket Perps
Injective
Variational Omni
MEXC
RISEx
KuCoin
Bulk
Backpack
BloFin
Pacifica
HTX
Aster
SunX
Lighter
Bluefin
SoDEX
GMX
gTrade (Gains Network)
Hyperliquid
Coinbase International
Phemex
Kraken Futures
ApeX Omni
Deribit
Paradex
Phoenix
Derive