After costs, if the gap returns to its 7d average, $10k−$25
spread now+0.077%7d average+0.001%fees + slippage, in and out−$33spread needed0.328%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC S_USDT | 0.03885 | 0.0072 | pay 0.0036% / 4h | 2h 32m | $3.8M | $3.6M | 200x |
| Short | Lighter S | 0.03888 | 0.0096 | get 0.0012% / 1h | 32m 15s | $161K | $306K | 5x |
Price 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
- $7.72
- Funding while held
- $0.72
- Slippage, 4 orders
- −$28.85
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.41
- Spread needed to break even
- 0.328%
Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0024%
- Per $10,000 a day
- +$0.72
- 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 MEXC live order book, 1 min ago | 2.58 bp | 4.7 bp −$5 | 43.2 bp −$432 | 258.3 bp −$25.8K | doesn't fit |
| Sell Lighter live order book, 19 min ago | 5.05 bp | 6.7 bp −$7 | 82.5 bp −$825 | doesn't fit | doesn't fit |
S price on every exchange
against the cheapest. Click to use as the short leg.S on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −3.218% | −1.0856% | 1h | $22K | $3K | 5x | as long as short |
| Coinbase International S-PERP-INTX | −0.566% | −0.2320% | 1h | $48K | $15K | 25x | as long as short |
| Extended S-USD | −0.113% | +0.0072% | 1h | $218K | $940K | 10x | as long as short |
| Bybit SUSDT | −0.103% | −0.0958% | 4h | $5.6M | $9.7M | 50x | as long as short |
| OKX S-USDT-SWAP | −0.077% | −0.0050% | 4h | $1.0M | $12.7M | 20x | as long as short |
| Reya SRUSDPERP | −0.064% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| KuCoin SUSDTM | −0.026% | −0.0082% | 4h | $1.8M | $4.0M | 50x | as long as short |
| BingX S-USDT | −0.026% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Orderly PERP_S_USDC | −0.026% | −0.0339% | 4h | $103K | $340K | 10x | as long as short |
| Binance SUSDT | 0.000% | +0.0074% | 4h | $5.2M | $40.8M | 75x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate S_USDT | 0.000% | +0.0100% | 4h | $327K | $403K | 50x | as long as short |
| MEXC S_USDTlong | 0.000% | +0.0072% | 4h | $3.8M | $3.6M | 200x | |
| Deribit S_USDC-PERPETUAL | 0.000% | −0.0779% | 1h | $65K | $12K | 10x | as long as short |
| Hyperliquid S | +0.013% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Bitget SUSDT | +0.026% | +0.0100% | 4h | $1.2M | $4.6M | 50x | as long as short |
| BloFin S-USDT | +0.026% | +0.0295% | 4h | $288K | $228K | 75x | as long as short |
| Kraken Futures PF_SUSD | +0.068% | −0.1340% | 1h | $35K | $49K | 10x | as long as short |
| Lighter Sshort | +0.077% | +0.0096% | 1h | $161K | $306K | 5x | |
| Aster SUSDT | +0.077% | −0.0698% | 4h | $43K | $241K | 10x | as long as short |
| GMX S/USD [WBTC.b-USDC] | +0.100% | L −0.0342% / S +0.0318% | 1h | $1K | — | 100x | as long as short |
| gTrade (Gains Network) S/USD | +0.102% | L +0.0001% / S +0.0006% | 1h | $599 | — | 150x | as long as short |
| Backpack S_USDC_PERP | +0.129% | +0.0553% | 1h | $113K | $171K | 5x | as long as short |
| Variational Omni S | +0.250% | −0.1623% | 4h | $606K | $131K | — | as long as short |
| ApeX Omni SUSDT | +0.386% | +0.0100% | 1h | $11K | $503K | 50x | as long as short |
| Injective S/USDC PERP | +5.534% | +0.0033% | 1h | $2K | $193K | 12x | as long as short |
MEXC S_USDT
Lighter S
Coinbase International
Extended
Bybit
OKX
KuCoin
BingX
Binance
Gate
Deribit
Hyperliquid
Bitget
BloFin
Kraken Futures
Aster
GMX
gTrade (Gains Network)
Backpack
Variational Omni
ApeX Omni
Injective