After costs, if the gap returns to its 7d average, $10k−$71
spread now−0.087%7d average−0.043%fees + slippage, in and out−$67spread needed0.667%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPX | 0.5129 | 0.0096 | pay 0.0012% / 1h | 32m 21s | $119K | $297K | 5x |
| Short | Binance SPXUSDT | 0.5125 | 0.0100 | get 0.0050% / 4h | 1h 32m | $5.0M | $17.6M | 75x |
Lighter SPX
Binance SPXUSDTPrice 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
- −$8.67
- Funding while held
- $0.12
- Slippage, 4 orders
- −$56.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$75.27
- Spread needed to break even
- 0.667%
Slippage from Lighter: live order book, 50 min ago; Binance: live order book, 10 min ago.
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 live order book, 50 min ago | 8.49 bp | 19.0 bp −$19 | 73.3 bp −$733 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.00 bp | 15.6 bp −$16 | 50.9 bp −$509 | 470.8 bp −$47.1K | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestVariational Omni0.5011+0.636%BloFin0.5012+0.663%ApeX Omni0.5013+0.683%Aster0.5073+1.895%Gate0.5092+2.270%KuCoin0.5092+2.270%MEXC0.5096+2.350%Orderly0.5108+2.591%Hyperliquid0.5110+2.625%SunX0.5117+2.772%OKX0.5119+2.812%Bitget0.5119+2.812%BingX0.5119+2.812%Extended0.5120+2.829%
Injective
Variational Omni
BloFin
ApeX Omni
Aster
Gate
KuCoin
MEXC
Orderly
Hyperliquid
SunX
OKX
Bitget
BingX
ExtendedBinance0.5125+2.931%
Kraken Futures0.5126+2.944%Bybit0.5127+2.972%
Kraken Futures
BybitLighter0.5129+3.021%
SPX on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | −2.932% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| Variational Omni SPX | −2.315% | −0.0180% | 4h | $831K | $1.2M | — | as long as short |
| BloFin SPX-USDT | −2.289% | +0.0340% | 4h | $252K | $927K | 75x | as long as short |
| ApeX Omni SPXUSDT | −2.269% | +0.0100% | 1h | $45K | $245K | 25x | as long as short |
| Aster SPXUSDT | −1.093% | +0.0100% | 4h | $132K | $81K | 10x | as long as short |
| Gate SPX_USDT | −0.729% | +0.0100% | 4h | $1.0M | $437K | 50x | as long as short |
| KuCoin SPXUSDTM | −0.729% | +0.0100% | 4h | $3.8M | $5.1M | 50x | as long as short |
| MEXC SPX_USDT | −0.651% | +0.0100% | 4h | $10.8M | $4.5M | 100x | as long as short |
| Orderly PERP_SPX_USDC | −0.417% | +0.0100% | 4h | $20K | $200 | 10x | as long as short |
| Hyperliquid SPX | −0.384% | +0.0519% | 1h | $9.9M | $6.0M | 5x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX SPX-USDT | −0.242% | +0.0100% | 4h | $8K | $1.5M | 20x | as long as short |
| OKX SPX-USDT-SWAP | −0.203% | +0.0100% | 4h | $991K | $2.4M | 20x | as long as short |
| Bitget SPXUSDT | −0.203% | +0.0100% | 4h | $2.6M | $1.3M | 50x | as long as short |
| BingX SPX-USDT | −0.203% | +0.0100% | 4h | — | $6.8M | — | as long as short |
| Extended SPX-USD | −0.186% | +0.0104% | 1h | $35K | $224K | 10x | as long as short |
| Binance SPXUSDTshort | −0.087% | +0.0100% | 4h | $5.0M | $17.6M | 75x | |
| Kraken Futures PF_SPXUSD | −0.074% | +0.0937% | 1h | $244K | $366K | 20x | as long as short |
| Bybit SPXUSDT | −0.047% | +0.0100% | 4h | $11.7M | $14.6M | 50x | as long as short |
| Lighter SPXlong | 0.000% | +0.0096% | 1h | $119K | $297K | 5x |