After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.008%7d average+0.082%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter COIN | 202.83 | 0.0088 | pay 0.0011% / 1h | 47m 36s | $403K | $2.1M | 10x |
| Short | Gate COIN_USDT | 202.85 | 0 | get 0.0000% / 8h | 6h 47m | $1.5M | $5.8M | 50x |
Price 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
- $0.79
- Funding while held
- −$2.64
- Slippage, 4 orders
- −$16.16
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$33.01
- Spread needed to break even
- 0.312%
Slippage from Lighter: live order book, 6 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0088%
- Per $10,000 a day
- −$2.64
- 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, 6 min ago | 0.67 bp | 1.3 bp −$1 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.67 bp | 15.5 bp −$16 | 27.8 bp −$278 | doesn't fit | doesn't fit |
COIN price on every exchange
against the cheapest. Click to use as the short leg.COIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | −0.150% | +0.0022% | 1h | — | $452K | 25x | as long as short |
| ApeX Omni COINUSDT | −0.091% | +0.0100% | 1h | $129K | $606K | 50x | as long as short |
| KuCoin COINUSDTM | −0.056% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| Aster COINUSDT | −0.052% | 0.0000% | 8h | $372K | $815K | 20x | as long as short |
| Variational Omni COIN | −0.027% | 0.0000% | 8h | $863K | $908K | — | as long as short |
| OKX COIN-USDT-SWAP | −0.027% | 0.0000% | 8h | $3.4M | $4.5M | 20x | as long as short |
| Ondo Perps COIN-USD.P | −0.027% | +0.0050% | 1h | $368K | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | −0.027% | +0.0050% | 1h | $134K | $1.1M | 10x | as long as short |
| Injective COIN/USDC PERP | −0.027% | −0.0440% | 1h | $40K | $105K | 30x | as long as short |
| QFEX COIN-USD | −0.022% | +0.0039% | 1h | $1.4M | $3.5M | 10x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:COIN | −0.017% | +0.0136% | 1h | $16.4M | $13.2M | 10x | as long as short |
| Arcus COIN-USD | −0.012% | +0.0040% | 1h | $19K | $41K | 5x | as long as short |
| Lighter RH COIN | −0.007% | +0.0032% | 1h | $447K | $1.9M | 10x | as long as short |
| Binance COINUSDT | −0.007% | 0.0000% | 8h | $15.7M | $69.0M | 20x | as long as short |
| Extended COIN_24_5-USD | −0.004% | 0.0000% | 1h | $100K | $428K | 10x | as long as short |
| Lighter COINlong | 0.000% | +0.0088% | 1h | $403K | $2.1M | 10x | |
| Aevo COIN-PERP | +0.001% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| SoDEX COIN-USD | +0.003% | +0.0050% | 1h | $90 | $3K | 10x | as long as short |
| Gate COIN_USDTshort | +0.008% | 0.0000% | 8h | $1.5M | $5.8M | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.008% | +0.0100% | 8h | $587 | $5K | 10x | as long as short |
| Bitget COINUSDT | +0.018% | +0.0054% | 8h | $6.8M | $8.8M | 20x | as long as short |
| edgeX COINUSDC | +0.018% | +0.0205% | 4h | $53K | $290K | 10x | as long as short |
| Bybit COINUSDT | +0.023% | +0.0011% | 8h | $5.2M | $5.3M | 50x | as long as short |
| Phoenix COIN | +0.023% | +0.0157% | 1h | $2K | $238K | 10x | as long as short |
| BloFin COIN-USDT | +0.042% | +0.0120% | 8h | $206K | $310K | 20x | as long as short |
Lighter COIN
Gate COIN_USDT
ApeX Omni
KuCoin
Aster
Variational Omni
OKX
Polymarket Perps
Injective
tradeXYZ
Lighter RH
Binance
Extended
SoDEX
Bitget
Bybit
Phoenix
BloFin