After costs, if the gap returns to its 7d average, $10k−$20
spread now−0.020%7d average0.000%fees + slippage, in and out−$18spread needed0.182%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 203.60 | 0.0032 | pay 0.0004% / 1h | 9m 27s | $449K | $1.9M | 10x |
| Short | QFEX COIN-USD | 203.56 | 0.0039 | get 0.0005% / 1h | 9m 27s | $1.4M | $3.5M | 10x |
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
- −$1.96
- Funding while held
- $0.22
- Slippage, 4 orders
- −$8.24
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$19.98
- Spread needed to break even
- 0.182%
Slippage from Lighter RH: live order book, 5 min ago; QFEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0007%
- Per $10,000 a day
- +$0.22
- 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, 5 min ago | 2.22 bp | 2.3 bp −$2 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.23 bp | 6.6 bp −$7 | 9.8 bp −$98 | 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 | |
|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.324% | −0.0440% | 1h | $40K | $105K | 30x | as long as short |
| ApeX Omni COINUSDT | −0.300% | +0.0100% | 1h | $91K | $634K | 50x | as long as short |
| Phoenix COIN | −0.128% | +0.0157% | 1h | $3K | $238K | 10x | as long as short |
| Ondo Perps COIN-USD.P | −0.079% | +0.0050% | 1h | $359K | $3.1M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.069% | +0.0050% | 1h | $16.4M | $13.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | −0.049% | +0.0050% | 1h | $133K | $1.1M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.034% | +0.0031% | 1h | — | $456K | 25x | as long as short |
| Gate COIN_USDT | −0.025% | 0.0000% | 8h | $1.3M | $6.3M | 50x | as long as short |
| Bybit COINUSDT | −0.020% | 0.0000% | 8h | $5.0M | $5.6M | 50x | as long as short |
| QFEX COIN-USDshort | −0.020% | +0.0039% | 1h | $1.4M | $3.5M | 10x |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin COINUSDTM | −0.015% | +0.0100% | 8h | $1.0M | $145K | 20x | as long as short |
| Arcus COIN-USD | −0.005% | +0.0040% | 1h | $19K | $42K | 5x | as long as short |
| Bitget COINUSDT | −0.005% | +0.0045% | 8h | $6.8M | $9.1M | 20x | as long as short |
| Binance COINUSDT | −0.002% | 0.0000% | 8h | $15.7M | $71.2M | 20x | as long as short |
| Lighter RH COINlong | 0.000% | +0.0032% | 1h | $449K | $1.9M | 10x | |
| Extended COIN_24_5-USD | +0.004% | 0.0000% | 1h | $101K | $429K | 10x | as long as short |
| Lighter COIN | +0.006% | +0.0032% | 1h | $397K | $2.2M | 10x | as long as short |
| OKX COIN-USDT-SWAP | +0.034% | 0.0000% | 8h | $3.3M | $4.6M | 20x | as long as short |
| edgeX COINUSDC | +0.041% | +0.0549% | 4h | $53K | $290K | 10x | as long as short |
| Aster COINUSDT | +0.063% | 0.0000% | 8h | $373K | $830K | 20x | as long as short |
| BloFin COIN-USDT | +0.088% | +0.0120% | 8h | $205K | $313K | 20x | as long as short |
| SoDEX COIN-USD | +0.098% | +0.0050% | 1h | $88 | $3K | 10x | as long as short |
| Variational Omni COIN | +0.099% | 0.0000% | 8h | $874K | $916K | — | as long as short |
| Aevo COIN-PERP | +0.113% | +0.0104% | 1h | $120 | — | 10x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.113% | +0.0100% | 8h | $589 | $5K | 10x | as long as short |
Lighter RH COIN
Injective
ApeX Omni
Phoenix
tradeXYZ
Polymarket Perps
Gate
Bybit
KuCoin
Bitget
Binance
Extended
Lighter
OKX
Aster
BloFin
SoDEX
Variational Omni