Spread before costs (cost unknown: a leg has no order-book sample)−0.986%
7d average+0.199%if it closes, per $10,000$99funding while held, a day+$11.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SPX | 0.5199 | −0.0299 | get 0.0150% / 4h | 3h 21m | $1.2M | $726K | — |
| Short | Lighter SPX | 0.5147 | 0.0096 | get 0.0012% / 1h | 21m 36s | $141K | $254K | 5x |
Variational Omni SPX
Lighter SPXPrice 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
- −$98.64
- Funding while held
- $11.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$86.78
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0395%
- Per $10,000 a day
- +$11.86
- 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 Variational Omni RFQ quote, 4 min ago | 6.76 bp | doesn't fit | 76.3 bp −$763 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 8.15 bp | 9.7 bp −$10 | 55.1 bp −$551 | doesn't fit | doesn't fit |
SPX price on every exchange
against the cheapest. Click to use as the short leg.Injective0.4979cheapestOKX0.5133+3.093%Bybit0.5134+3.113%Gate0.5139+3.213%BingX0.5139+3.213%Extended0.5140+3.225%KuCoin0.5140+3.234%MEXC0.5141+3.254%Bitget0.5142+3.274%Binance0.5143+3.286%Hyperliquid0.5144+3.312%
Injective
OKX
Bybit
Gate
BingX
Extended
KuCoin
MEXC
Bitget
Binance
HyperliquidLighter0.5147+3.380%
SunX0.5151+3.455%Aster0.5159+3.616%BloFin0.5163+3.696%Orderly0.5166+3.756%Kraken Futures0.5172+3.879%ApeX Omni0.5178+3.997%
SunX
Aster
BloFin
Orderly
Kraken Futures
ApeX OmniVariational Omni0.5199+4.410%
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 | −4.224% | +0.0033% | 1h | $9 | $4K | 5.5x | as long as short |
| OKX SPX-USDT-SWAP | −1.261% | +0.0100% | 4h | $1.0M | $2.2M | 20x | as long as short |
| Bybit SPXUSDT | −1.242% | +0.0100% | 4h | $12.1M | $13.0M | 50x | as long as short |
| Gate SPX_USDT | −1.146% | +0.0062% | 4h | $1.0M | $389K | 50x | as long as short |
| BingX SPX-USDT | −1.146% | +0.0100% | 4h | — | $6.7M | — | as long as short |
| Extended SPX-USD | −1.135% | +0.0104% | 1h | $35K | $222K | 10x | as long as short |
| KuCoin SPXUSDTM | −1.127% | −0.0014% | 4h | $3.8M | $5.0M | 50x | as long as short |
| MEXC SPX_USDT | −1.108% | +0.0100% | 4h | $9.7M | $4.3M | 100x | as long as short |
| Bitget SPXUSDT | −1.088% | +0.0100% | 4h | $2.7M | $1.1M | 50x | as long as short |
| Binance SPXUSDT | −1.076% | +0.0100% | 4h | $5.1M | $15.9M | 75x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid SPX | −1.052% | +0.0100% | 1h | $9.5M | $5.4M | 5x | as long as short |
| Lighter SPXshort | −0.986% | +0.0096% | 1h | $141K | $254K | 5x | |
| SunX SPX-USDT | −0.915% | +0.0100% | 4h | $8K | $1.4M | 20x | as long as short |
| Aster SPXUSDT | −0.760% | +0.0100% | 4h | $136K | $82K | 10x | as long as short |
| BloFin SPX-USDT | −0.684% | +0.0340% | 4h | $274K | $927K | 75x | as long as short |
| Orderly PERP_SPX_USDC | −0.627% | +0.0100% | 4h | $20K | $200 | 10x | as long as short |
| Kraken Futures PF_SPXUSD | −0.508% | +0.1270% | 1h | $262K | $319K | 20x | as long as short |
| ApeX Omni SPXUSDT | −0.396% | +0.0100% | 1h | $50K | $247K | 25x | as long as short |
| Variational Omni SPXlong | 0.000% | −0.0299% | 4h | $1.2M | $726K | — |