After costs, if the gap returns to its 7d average, $10k−$83
spread now−0.039%7d average+0.032%fees + slippage, in and out−$76spread needed0.763%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter US100 | 30,247 | 0.0032 | pay 0.0004% / 1h | 22m 21s | $5.1M | $62.8M | 30x |
| Short | Kraken Futures PF_US100USD | 30,235.1 | 0.1341 | get 0.0168% / 1h | 22m 21s | $119K | $120K | 20x |
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
- −$3.93
- Funding while held
- $39.28
- Slippage, 4 orders
- −$66.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$40.92
- Spread needed to break even
- 0.763%
Slippage from Lighter: live order book, 8 min ago; Kraken Futures: live order book, 57 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1309%
- Per $10,000 a day
- +$39.28
- 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, 8 min ago | 0.50 bp | 0.5 bp $0 | 0.8 bp −$8 | 9.1 bp −$907 | 231.0 bp −$115.5K |
| Sell Kraken Futures live order book, 57 min ago | 20.86 bp | 25.9 bp −$26 | 40.4 bp −$404 | doesn't fit | doesn't fit |
NAS100 price on every exchange
against the cheapest. Click to use as the short leg.NAS100 on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex NAS100USDT | −0.147% | 0.0000% | 4h | $1.4M | $150K | 10x | as long as short |
| Gate NAS100_USDT | −0.102% | −0.0200% | 8h | $1.9M | $2.2M | 100x | as long as short |
| Kraken Futures PF_US100USDshort | −0.039% | +0.1341% | 1h | $119K | $120K | 20x | |
| Orderly PERP_NAS100_USDC | −0.032% | −0.0065% | 8h | $105K | $4K | 20x | as long as short |
| Paradex US100-USD-PERP | −0.013% | +0.0050% | 8h | — | — | 5x | as long as short |
| QFEX US100-USD | −0.007% | +0.0004% | 1h | $1.5M | $875K | 30x | as long as short |
| OKX US100-USDT-SWAP | −0.003% | 0.0000% | 8h | $124K | $123K | 20x | as long as short |
| Lighter US100long | 0.000% | +0.0032% | 1h | $5.1M | $62.8M | 30x | |
| Polymarket Perps NAS100-USD | +0.003% | +0.0050% | 1h | $6.0M | $820K | 50x | as long as short |
| Bullet US100-USD | +0.012% | 0.0000% | 1h | $2K | $92K | 10x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps US100-USD.P | +0.019% | +0.0050% | 1h | $6.0M | $6.3M | 25x | as long as short |
| MEXC NAS100_USDT | +0.020% | +0.0052% | 8h | $18.5M | $10.6M | 200x | as long as short |
| Extended TECH100m-USD | +0.022% | +0.0032% | 1h | $2.6M | $3.8M | 20x | as long as short |
| Bitget NDX100USDT | +0.053% | 0.0000% | 8h | $3.6M | $540K | 50x | as long as short |
| Vest NDX-USD-PERP | +0.993% | +0.0046% | 1h | — | $74.0M | 50x | as long as short |
Lighter US100
Kraken Futures PF_US100USD
Phemex
Gate
Paradex
OKX
Polymarket Perps
Bullet
MEXC
Extended
Bitget