Spread before costs (cost unknown: a leg has no order-book sample)−0.223%
7d average—if it closes, per $10,000$22funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000NOT | 0.0005029 | 0.0096 | pay 0.0012% / 1h | 15m 23s | $11K | $5K | 3x |
| Short | BingX NOT-USDC | 0.0005018 | 0.0100 | get 0.0050% / 4h | 1h 15m | — | $713K | — |
Lighter 1000NOT
BingX NOT-USDCPrice 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
- −$22.27
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$32.15
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 49 min ago. Net counts fees only.
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 Lighter no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 49 min ago | 4.04 bp | 151.1 bp −$151 | 260.4 bp −$2,604 | doesn't fit | doesn't fit |
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.Injective0.0004874cheapestBybit0.0005011+2.811%Variational Omni0.0005017+2.927%OKX0.0005017+2.934%MEXC0.0005017+2.934%BloFin0.0005017+2.934%Extended0.0005018+2.945%Binance0.0005018+2.954%Gate0.0005018+2.954%
Injective
Bybit
Variational Omni
OKX
MEXC
BloFin
Extended
Binance
GateBingX0.0005018+2.954%
KuCoin0.0005019+2.975%Hyperliquid0.0005020+2.995%Aster0.0005021+3.012%Bitget0.0005023+3.057%
KuCoin
Hyperliquid
Aster
BitgetLighter0.0005029+3.184%
Kraken Futures0.0005059+3.791%
Kraken FuturesNOT on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective NOT/USDC PERP | −3.086% | +0.0033% | 1h | $1K | $13K | 5.5x | as long as short |
| Bybit NOTUSDT | −0.362% | +0.0100% | 4h | $2.1M | $952K | 25x | as long as short |
| Variational Omni NOT | −0.249% | −0.0154% | 4h | $61K | $46K | — | as long as short |
| OKX NOT-USDT-SWAP | −0.243% | +0.0100% | 4h | $596K | $639K | 20x | as long as short |
| MEXC NOT_USDT | −0.243% | +0.0100% | 4h | $1.4M | $478K | 200x | as long as short |
| BloFin NOT-USDT | −0.243% | +0.0042% | 4h | $113K | $19K | 50x | as long as short |
| Extended kNOT-USD | −0.232% | +0.0104% | 1h | $4K | $1K | 5x | as long as short |
| Binance NOTUSDT | −0.223% | +0.0100% | 4h | $2.0M | $3.2M | 50x | as long as short |
| Gate NOT_USDT | −0.223% | +0.0100% | 4h | $141K | $86K | 50x | as long as short |
| BingX NOT-USDCshort | −0.223% | +0.0100% | 4h | — | $713K | — |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NOTUSDTM | −0.203% | +0.0100% | 4h | $488K | $130K | 50x | as long as short |
| Hyperliquid NOT | −0.183% | +0.0100% | 1h | $368K | $67K | 3x | as long as short |
| Aster NOTUSDT | −0.167% | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Bitget NOTUSDT | −0.123% | +0.0100% | 4h | $639K | $407K | 50x | as long as short |
| Lighter 1000NOTlong | 0.000% | +0.0096% | 1h | $11K | $5K | 3x | |
| Kraken Futures PF_NOTUSD | +0.589% | +0.6806% | 1h | $48K | $9K | 10x | as long as short |