Settings8H · net · $10k
Funding arb · Price arb /

NOT

all NOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended+0.366%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.366% dearer against Extended than usual: you sell high and buy low, +$37 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended kNOT-USD0.00050170.0104pay 0.0013% / 1h5m 23s$4K$1K5x
ShortLighter 1000NOT0.00050360.0096get 0.0012% / 1h5m 23s$11K$5K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.68
Price spread: +0.366% → 0.000%
$36.63
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$29.95
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: no order-book sample; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended no order-book sample
Sell Lighter no order-book sample
Extended and Lighter: 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.

NOT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOT−0.0117%4h0.0005021+0.069%$66K$34Kas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−2.857%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0066%4h0.0005031+0.273%$112K$17K50xas long as short
Lighter 1000NOTshort+0.0096%1h0.0005036+0.366%$11K$5K3x
Hyperliquid NOT+0.0100%1h0.0005020+0.053%$367K$50K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005033+0.304%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005018+0.014%$2.1M$3.0M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005012−0.106%$2.1M$802K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005022+0.093%$608K$574K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005030+0.253%$140K$79K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005018+0.014%$1.3M$495K200xas long as short
KuCoin NOTUSDTM+0.0100%4h0.0005021+0.073%$491K$119K50xas long as short
Bitget NOTUSDT+0.0100%4h0.0005023+0.113%$660K$382K50xas long as short
BingX NOT-USDT+0.0100%4h0.0005019+0.033%$7.5Mas long as short
Extended kNOT-USDlong+0.0104%1h0.0005017long leg$4K$1K5x
Kraken Futures PF_NOTUSD+0.7100%1h0.0005060+0.845%$48K$9K10xas long as short