Spread before costs (cost unknown: a leg has no order-book sample)+0.173%
7d average—if it closes, per $10,000$17funding while held, a day−$0.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ETHFI-PERP | 0.7230 | 0.0104 | pay 0.0013% / 1h | 30m 37s | $9K | — | 3x |
| Short | Lighter ETHFI | 0.7242 | 0.0096 | get 0.0012% / 1h | 30m 37s | $1.2M | $678K | 5x |
Aevo ETHFI-PERP
Lighter ETHFIPrice 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
- $17.29
- Funding while held
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.05
- Spread needed to break even
- 0.160%
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0008%
- Per $10,000 a day
- −$0.24
- 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 5.31 bp | 40.8 bp −$41 | 106.3 bp −$1,063 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ETHFI price on every exchange
against the cheapest. Click to use as the short leg.HTX0.7226cheapestBloFin0.7226cheapestOrderly0.7228+0.028%Variational Omni0.7229+0.039%OKX0.7229+0.042%Bitget0.7229+0.042%
HTX
BloFin
Orderly
Variational Omni
OKX
BitgetAevo0.7230+0.055%
Paradex0.7230+0.059%Binance0.7230+0.060%Extended0.7231+0.062%Bybit0.7231+0.069%MEXC0.7231+0.069%Polymarket Perps0.7232+0.084%Gate0.7234+0.111%BingX0.7234+0.111%KuCoin0.7236+0.138%Deribit0.7236+0.138%Aster0.7237+0.152%Kraken Futures0.7238+0.166%Coinbase International0.7240+0.194%
Paradex
Binance
Extended
Bybit
MEXC
Polymarket Perps
Gate
BingX
KuCoin
Deribit
Aster
Kraken Futures
Coinbase InternationalLighter0.7242+0.228%
SunX0.7244+0.249%Hyperliquid0.7248+0.311%Injective0.7441+2.975%
SunX
Hyperliquid
InjectiveETHFI on 24 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.055% | −0.0089% | 4h | $84K | $153K | 20x | as long as short |
| BloFin ETHFI-USDT | −0.055% | +0.0340% | 4h | $1.3M | $294K | 75x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.028% | −0.0137% | 4h | $17K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.016% | −0.0102% | 4h | $1.1M | $777K | — | as long as short |
| OKX ETHFI-USDT-SWAP | −0.014% | +0.0100% | 4h | $4.9M | $12.1M | 20x | as long as short |
| Bitget ETHFIUSDT | −0.014% | −0.0016% | 4h | $6.2M | $5.5M | 75x | as long as short |
| Aevo ETHFI-PERPlong | 0.000% | +0.0104% | 1h | $9K | — | 3x | |
| Paradex ETHFI-USD-PERP | +0.003% | −0.0052% | 8h | $6K | — | 5x | as long as short |
| Binance ETHFIUSDT | +0.004% | +0.0100% | 4h | $25.4M | $35.2M | 75x | as long as short |
| Extended ETHFI-USD | +0.007% | +0.0104% | 1h | $96K | $484K | 10x | as long as short |
Show all 24 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.014% | −0.0108% | 4h | $18.7M | $12.5M | 25x | as long as short |
| MEXC ETHFI_USDT | +0.014% | +0.0100% | 4h | $15.2M | $3.7M | 125x | as long as short |
| Polymarket Perps ETHFI-USD | +0.029% | +0.0100% | 1h | $49K | $55K | 5x | as long as short |
| Gate ETHFI_USDT | +0.055% | +0.0100% | 4h | $1.7M | $2.0M | 75x | as long as short |
| BingX ETHFI-USDC | +0.055% | +0.0100% | 4h | — | $1.2M | — | as long as short |
| KuCoin ETHFIUSDTM | +0.083% | +0.0100% | 4h | $1.2M | $263K | 50x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | +0.083% | 0.0000% | 1h | $44K | $18K | 10x | as long as short |
| Aster ETHFIUSDT | +0.097% | +0.0100% | 4h | $183K | $239K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.111% | −0.0346% | 1h | $281K | $172K | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.138% | +0.0464% | 1h | $32K | $9K | 50x | as long as short |
| Lighter ETHFIshort | +0.173% | +0.0096% | 1h | $1.2M | $678K | 5x | |
| SunX ETHFI-USDT | +0.194% | +0.0100% | 4h | $2K | $1.0M | 20x | as long as short |
| Hyperliquid ETHFI | +0.256% | +0.0100% | 1h | $19.7M | $7.3M | 5x | as long as short |
| Injective ETHFI/USDC PERP | +2.918% | +0.0033% | 1h | $330 | $56K | 5.5x | as long as short |