Spread before costs (cost unknown: a leg has no order-book sample)+0.497%
7d average—if it closes, per $10,000$50funding while held, a day+$201.77
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 1000NOT | 0.0004970 | 0.0096 | pay 0.0012% / 1h | 3m 00s | $11K | $5K | 3x |
| Short | Kraken Futures PF_NOTUSD | 0.0004994 | 0.6822 | get 0.0853% / 1h | 3m 00s | $48K | $9K | 10x |
Lighter 1000NOT
Kraken Futures PF_NOTUSDPrice 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
- $49.67
- Funding while held
- $201.77
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $241.44
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.6726%
- Per $10,000 a day
- +$201.77
- 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 Kraken Futures no order-book sample | — | — | — | — | — |
Lighter and Kraken Futures: 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.Injective0.0004874cheapestBloFin0.0004950+1.559%Bybit0.0004954+1.641%Gate0.0004955+1.662%KuCoin0.0004956+1.682%Aster0.0004958+1.730%Extended0.0004959+1.739%Binance0.0004960+1.760%Hyperliquid0.0004960+1.764%OKX0.0004960+1.764%MEXC0.0004960+1.764%BingX0.0004960+1.764%Bitget0.0004961+1.785%Variational Omni0.0004964+1.855%
Injective
BloFin
Bybit
Gate
KuCoin
Aster
Extended
Binance
Hyperliquid
OKX
MEXC
BingX
Bitget
Variational OmniLighter0.0004970+1.961%
Kraken Futures0.0004994+2.468%
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 | −1.924% | +0.0033% | 1h | $1K | $21K | 5.5x | as long as short |
| BloFin NOT-USDT | −0.394% | +0.0097% | 4h | $113K | $19K | 50x | as long as short |
| Bybit NOTUSDT | −0.314% | +0.0100% | 4h | $2.1M | $999K | 25x | as long as short |
| Gate NOT_USDT | −0.294% | +0.0100% | 4h | $139K | $93K | 50x | as long as short |
| KuCoin NOTUSDTM | −0.274% | +0.0100% | 4h | $482K | $138K | 50x | as long as short |
| Aster NOTUSDT | −0.227% | +0.0100% | 4h | $14K | $23K | 5x | as long as short |
| Extended kNOT-USD | −0.219% | +0.0104% | 1h | $4K | $2K | 5x | as long as short |
| Binance NOTUSDT | −0.197% | +0.0100% | 4h | $2.0M | $3.4M | 50x | as long as short |
| Hyperliquid NOT | −0.193% | +0.0100% | 1h | $364K | $68K | 3x | as long as short |
| OKX NOT-USDT-SWAP | −0.193% | +0.0100% | 4h | $589K | $662K | 20x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | −0.193% | +0.0100% | 4h | $1.3M | $474K | 200x | as long as short |
| BingX NOT-USDT | −0.193% | +0.0100% | 4h | — | $7.4M | — | as long as short |
| Bitget NOTUSDT | −0.173% | +0.0100% | 4h | $633K | $444K | 50x | as long as short |
| Variational Omni NOT | −0.104% | −0.0126% | 4h | $61K | $48K | — | as long as short |
| Lighter 1000NOTlong | 0.000% | +0.0096% | 1h | $11K | $5K | 3x | |
| Kraken Futures PF_NOTUSDshort | +0.497% | +0.6822% | 1h | $48K | $9K | 10x |