After costs, if the gap returns to its 7d average, $10k−$515
spread now−0.662%7d average−0.063%fees + slippage, in and out−$455spread needed4.552%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter STABLE | 0.02515 | 0.0096 | pay 0.0012% / 1h | 40m 49s | $116K | $3K | 3x |
| Short | Extended STABLE-USD | 0.02498 | 0.0104 | get 0.0013% / 1h | 40m 49s | $12K | $175K | 10x |
Lighter STABLE
Extended STABLE-USDPrice 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
- −$66.23
- Funding while held
- $0.24
- Slippage, 4 orders
- −$450.24
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$521.23
- Spread needed to break even
- 4.552%
Slippage from Lighter: live order book, 40 min ago; Extended: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0008%
- Per $10,000 a day
- +$0.24
- 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, 40 min ago | 116.83 bp | 251.4 bp −$251 | 381.0 bp −$3,810 | doesn't fit | doesn't fit |
| Sell Extended live order book, 54 min ago | 5.38 bp | 37.9 bp −$38 | 370.2 bp −$3,702 | doesn't fit | doesn't fit |
STABLE price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.02496cheapest
BloFinExtended0.02498+0.078%
Hyperliquid0.02498+0.080%OKX0.02498+0.080%MEXC0.02498+0.080%Binance0.02499+0.120%Bybit0.02500+0.160%Gate0.02500+0.160%BingX0.02500+0.160%Aster0.02500+0.180%Bitget0.02501+0.200%SunX0.02502+0.232%KuCoin0.02503+0.280%Variational Omni0.02505+0.363%
Hyperliquid
OKX
MEXC
Binance
Bybit
Gate
BingX
Aster
Bitget
SunX
KuCoin
Variational OmniLighter0.02515+0.745%
STABLE on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDT | −0.740% | +0.0074% | 4h | $118K | $8K | 75x | as long as short |
| Extended STABLE-USDshort | −0.662% | +0.0104% | 1h | $12K | $175K | 10x | |
| Hyperliquid STABLE | −0.660% | +0.0071% | 1h | $879K | $254K | 3x | as long as short |
| OKX STABLE-USDT-SWAP | −0.660% | +0.0100% | 4h | $207K | $432K | 20x | as long as short |
| MEXC STABLE_USDT | −0.660% | +0.0100% | 4h | $563K | $145K | 20x | as long as short |
| Binance STABLEUSDT | −0.620% | +0.0100% | 4h | $2.4M | $2.7M | 75x | as long as short |
| Bybit STABLEUSDT | −0.581% | +0.0100% | 4h | $1.5M | $828K | 25x | as long as short |
| Gate STABLE_USDT | −0.581% | +0.0100% | 4h | $174K | $87K | 50x | as long as short |
| BingX STABLE-USDT | −0.581% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Aster STABLEUSDT | −0.561% | +0.0100% | 4h | $21K | $9K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDT | −0.541% | +0.0100% | 4h | $274K | $124K | 25x | as long as short |
| SunX STABLE-USDT | −0.509% | +0.0100% | 4h | $2K | $598K | 20x | as long as short |
| KuCoin STABLEUSDTM | −0.461% | +0.0100% | 4h | $176K | $33K | 30x | as long as short |
| Variational Omni STABLE | −0.379% | +0.0100% | 4h | $147K | $51K | — | as long as short |
| Lighter STABLElong | 0.000% | +0.0096% | 1h | $116K | $3K | 3x |