Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average−0.060%if it closes, per $10,000$1funding while held, a day+$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 202.56 | 0.0032 | pay 0.0004% / 1h | 3m 33s | $450K | $2.0M | 10x |
| Short | Ondo Perps COIN-USD.P | 202.59 | 0.0050 | get 0.0006% / 1h | 3m 33s | $372K | $3.1M | 10x |
Lighter RH COIN
Ondo Perps COIN-USD.PPrice 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
- $1.48
- Funding while held
- $0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$2.97
- Spread needed to break even
- 0.050%
Slippage unknown: Lighter RH: live order book, 1 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.55
- 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 RH live order book, 1 min ago | 3.46 bp | 4.7 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.
COIN price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni202.28cheapestVest202.35+0.035%Variational Omni202.37+0.043%BloFin202.43+0.074%Polymarket Perps202.49+0.104%tradeXYZ202.50+0.109%Aster202.51+0.114%OKX202.52+0.119%Injective202.52+0.119%Gate202.55+0.133%
ApeX Omni
Vest
Variational Omni
BloFin
Polymarket Perps
tradeXYZ
Aster
OKX
Injective
GateLighter RH202.56+0.138%
Arcus202.56+0.138%Lighter202.56+0.140%SoDEX202.57+0.143%edgeX202.57+0.144%Binance202.58+0.148%KuCoin202.58+0.148%
Arcus
Lighter
SoDEX
Binance
KuCoinOndo Perps202.59+0.153%
Orderly202.59+0.153%Aevo202.59+0.155%Extended202.60+0.157%Phoenix202.61+0.163%Bybit202.63+0.173%QFEX202.63+0.173%Bitget202.65+0.183%
Orderly
Aevo
Extended
Phoenix
Bybit
QFEX
BitgetCOIN on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni COINUSDT | −0.138% | +0.0100% | 1h | $91K | $630K | 50x | as long as short |
| Vest COIN-USD-PERP | −0.104% | +0.0046% | 1h | — | $479K | 25x | as long as short |
| Variational Omni COIN | −0.095% | 0.0000% | 8h | $870K | $917K | — | as long as short |
| BloFin COIN-USDT | −0.064% | +0.0120% | 8h | $204K | $324K | 20x | as long as short |
| Polymarket Perps COIN-USD | −0.035% | +0.0050% | 1h | $131K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.030% | +0.0172% | 1h | $16.6M | $13.5M | 10x | as long as short |
| Aster COINUSDT | −0.025% | 0.0000% | 8h | $373K | $835K | 20x | as long as short |
| OKX COIN-USDT-SWAP | −0.020% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.020% | −0.0440% | 1h | $40K | $77K | 30x | as long as short |
| Gate COIN_USDT | −0.005% | 0.0000% | 8h | $1.3M | $6.6M | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH COINlong | 0.000% | +0.0032% | 1h | $450K | $2.0M | 10x | |
| Arcus COIN-USD | 0.000% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| Lighter COIN | +0.002% | +0.0072% | 1h | $387K | $2.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.005% | +0.0050% | 1h | $89 | $3K | 10x | as long as short |
| edgeX COINUSDC | +0.006% | +0.0538% | 4h | $52K | $292K | 10x | as long as short |
| Binance COINUSDT | +0.010% | 0.0000% | 8h | $15.6M | $73.4M | 20x | as long as short |
| KuCoin COINUSDTM | +0.010% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.015% | +0.0050% | 1h | $372K | $3.1M | 10x | |
| Orderly PERP_COIN_USDC_mythos | +0.015% | +0.0100% | 8h | $586 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.017% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Extended COIN_24_5-USD | +0.018% | 0.0000% | 1h | $100K | $429K | 10x | as long as short |
| Phoenix COIN | +0.025% | +0.0157% | 1h | $3K | $250K | 10x | as long as short |
| Bybit COINUSDT | +0.035% | 0.0000% | 8h | $5.0M | $5.7M | 50x | as long as short |
| QFEX COIN-USD | +0.035% | +0.0036% | 1h | $1.4M | $3.6M | 10x | as long as short |
| Bitget COINUSDT | +0.044% | +0.0088% | 8h | $6.8M | $9.3M | 20x | as long as short |