Spread before costs (cost unknown: a leg has no order-book sample)−0.033%
7d average—if it closes, per $10,000$3funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster STABLEUSDT | 0.02534 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $21K | $9K | 20x |
| Short | Lighter STABLE | 0.02533 | 0.0096 | get 0.0012% / 1h | 30m 19s | $117K | $3K | 3x |
Aster STABLEUSDT
Lighter STABLEPrice 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
- −$3.34
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.46
- Spread needed to break even
- 0.080%
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 61 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 Aster no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 61 min ago | 5.90 bp | 8.4 bp −$8 | 225.3 bp −$2,253 | doesn't fit | doesn't fit |
Aster: 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.
STABLE price on every exchange
against the cheapest. Click to use as the short leg.Bitget0.02531cheapestHyperliquid0.02533+0.067%MEXC0.02533+0.079%BloFin0.02533+0.079%
Bitget
Hyperliquid
MEXC
BloFinLighter0.02533+0.099%
Extended0.02534+0.105%SunX0.02534+0.111%Binance0.02534+0.119%BingX0.02534+0.119%
Extended
SunX
Binance
BingXAster0.02534+0.132%
Bybit0.02534+0.138%Gate0.02535+0.158%KuCoin0.02536+0.198%Variational Omni0.02536+0.203%OKX0.02537+0.237%
Bybit
Gate
KuCoin
Variational Omni
OKXSTABLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | −0.132% | +0.0100% | 4h | $293K | $129K | 25x | as long as short |
| Hyperliquid STABLE | −0.065% | +0.0100% | 1h | $891K | $263K | 3x | as long as short |
| MEXC STABLE_USDT | −0.053% | +0.0100% | 4h | $576K | $147K | 20x | as long as short |
| BloFin STABLE-USDT | −0.053% | +0.0079% | 4h | $122K | $8K | 75x | as long as short |
| Lighter STABLEshort | −0.033% | +0.0096% | 1h | $117K | $3K | 3x | |
| Extended STABLE-USD | −0.028% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| SunX STABLE-USDT | −0.022% | +0.0100% | 4h | $1K | $575K | 20x | as long as short |
| Binance STABLEUSDT | −0.014% | +0.0100% | 4h | $2.5M | $2.8M | 75x | as long as short |
| BingX STABLE-USDT | −0.014% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Aster STABLEUSDTlong | 0.000% | +0.0100% | 4h | $21K | $9K | 20x |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit STABLEUSDT | +0.006% | +0.0100% | 4h | $1.6M | $839K | 25x | as long as short |
| Gate STABLE_USDT | +0.026% | +0.0100% | 4h | $175K | $85K | 50x | as long as short |
| KuCoin STABLEUSDTM | +0.065% | +0.0100% | 4h | $177K | $33K | 30x | as long as short |
| Variational Omni STABLE | +0.071% | +0.0100% | 4h | $149K | $51K | — | as long as short |
| OKX STABLE-USDT-SWAP | +0.105% | +0.0100% | 4h | $214K | $451K | 20x | as long as short |