Spread before costs (cost unknown: a leg has no order-book sample)−0.522%
7d average—if it closes, per $10,000$52funding while held, a day−$201.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NOTUSD | 0.0005055 | 0.6811 | pay 0.0851% / 1h | 20m 06s | $48K | $9K | 10x |
| Short | Lighter 1000NOT | 0.0005028 | 0.0096 | get 0.0012% / 1h | 20m 06s | $11K | $5K | 3x |
Kraken Futures PF_NOTUSD
Lighter 1000NOTPrice 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
- −$52.22
- Funding while held
- −$201.46
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$263.68
- Spread needed to break even
- 0.100%
Slippage unknown: Kraken Futures: no order-book sample; Lighter: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.6715%
- Per $10,000 a day
- −$201.46
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Kraken Futures 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.0004874cheapestVariational Omni0.0004999+2.568%BloFin0.0005011+2.811%Bybit0.0005012+2.831%Gate0.0005013+2.852%KuCoin0.0005013+2.852%OKX0.0005017+2.934%Bitget0.0005017+2.934%BingX0.0005017+2.934%MEXC0.0005019+2.975%Binance0.0005019+2.979%Hyperliquid0.0005020+2.995%Aster0.0005024+3.078%Extended0.0005025+3.089%
Injective
Variational Omni
BloFin
Bybit
Gate
KuCoin
OKX
Bitget
BingX
MEXC
Binance
Hyperliquid
Aster
ExtendedLighter0.0005028+3.164%
Kraken Futures0.0005055+3.705%
NOT on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective NOT/USDC PERP | −3.573% | +0.0033% | 1h | $1K | $13K | 5.5x | as long as short |
| Variational Omni NOT | −1.096% | −0.0180% | 4h | $61K | $48K | — | as long as short |
| BloFin NOT-USDT | −0.863% | +0.0043% | 4h | $114K | $19K | 50x | as long as short |
| Bybit NOTUSDT | −0.843% | +0.0100% | 4h | $2.1M | $975K | 25x | as long as short |
| Gate NOT_USDT | −0.823% | +0.0100% | 4h | $141K | $86K | 50x | as long as short |
| KuCoin NOTUSDTM | −0.823% | +0.0100% | 4h | $487K | $131K | 50x | as long as short |
| OKX NOT-USDT-SWAP | −0.744% | +0.0100% | 4h | $596K | $653K | 20x | as long as short |
| Bitget NOTUSDT | −0.744% | +0.0100% | 4h | $639K | $421K | 50x | as long as short |
| BingX NOT-USDT | −0.744% | +0.0100% | 4h | — | $7.4M | — | as long as short |
| MEXC NOT_USDT | −0.704% | +0.0100% | 4h | $1.4M | $477K | 200x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance NOTUSDT | −0.700% | +0.0100% | 4h | $2.0M | $3.2M | 50x | as long as short |
| Hyperliquid NOT | −0.684% | +0.0100% | 1h | $368K | $67K | 3x | as long as short |
| Aster NOTUSDT | −0.605% | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Extended kNOT-USD | −0.595% | +0.0104% | 1h | $4K | $1K | 5x | as long as short |
| Lighter 1000NOTshort | −0.522% | +0.0096% | 1h | $11K | $5K | 3x | |
| Kraken Futures PF_NOTUSDlong | 0.000% | +0.6811% | 1h | $48K | $9K | 10x |