After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.675%7d average+0.034%fees + slippage, in and out−$79spread needed0.789%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance STABLEUSDT | 0.02511 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $2.4M | $2.7M | 75x |
| Short | Lighter STABLE | 0.02528 | 0.0096 | get 0.0012% / 1h | 33m 14s | $116K | $3K | 3x |
Binance 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
- $67.52
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$68.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.5
- Spread needed to break even
- 0.789%
Slippage from Binance: live order book, 4 min ago; Lighter: live order book, 53 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 Binance live order book, 4 min ago | 1.99 bp | 21.9 bp −$22 | 100.5 bp −$1,005 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 53 min ago | 3.94 bp | 5.0 bp −$5 | 234.1 bp −$2,341 | doesn't fit | doesn't fit |
STABLE price on every exchange
against the cheapest. Click to use as the short leg.Extended0.02510cheapest
ExtendedBinance0.02511+0.027%
MEXC0.02511+0.029%Hyperliquid0.02512+0.065%OKX0.02512+0.069%SunX0.02513+0.089%Bybit0.02513+0.109%Bitget0.02513+0.109%BingX0.02513+0.109%BloFin0.02513+0.109%Gate0.02516+0.229%KuCoin0.02516+0.229%Aster0.02516+0.233%Variational Omni0.02517+0.276%
MEXC
Hyperliquid
OKX
SunX
Bybit
Bitget
BingX
BloFin
Gate
KuCoin
Aster
Variational OmniLighter0.02528+0.703%
STABLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended STABLE-USD | −0.027% | +0.0104% | 1h | $12K | $175K | 10x | as long as short |
| Binance STABLEUSDTlong | 0.000% | +0.0100% | 4h | $2.4M | $2.7M | 75x | |
| MEXC STABLE_USDT | +0.002% | +0.0100% | 4h | $574K | $147K | 20x | as long as short |
| Hyperliquid STABLE | +0.038% | +0.0049% | 1h | $884K | $256K | 3x | as long as short |
| OKX STABLE-USDT-SWAP | +0.042% | +0.0100% | 4h | $211K | $429K | 20x | as long as short |
| SunX STABLE-USDT | +0.062% | +0.0100% | 4h | $2K | $584K | 20x | as long as short |
| Bybit STABLEUSDT | +0.082% | +0.0100% | 4h | $1.5M | $824K | 25x | as long as short |
| Bitget STABLEUSDT | +0.082% | +0.0100% | 4h | $291K | $126K | 25x | as long as short |
| BingX STABLE-USDT | +0.082% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| BloFin STABLE-USDT | +0.082% | +0.0121% | 4h | $121K | $8K | 75x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate STABLE_USDT | +0.201% | +0.0100% | 4h | $174K | $85K | 50x | as long as short |
| KuCoin STABLEUSDTM | +0.201% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| Aster STABLEUSDT | +0.206% | +0.0100% | 4h | $21K | $9K | 20x | as long as short |
| Variational Omni STABLE | +0.249% | +0.0100% | 4h | $148K | $51K | — | as long as short |
| Lighter STABLEshort | +0.675% | +0.0096% | 1h | $116K | $3K | 3x |