Spread before costs (cost unknown: a leg has no order-book sample)+0.058%
7d average—if it closes, per $10,000$6funding while held, a day−$0.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NOW | 137.37 | 0.0032 | pay 0.0004% / 1h | 27m 33s | $5K | $242 | 5x |
| Short | SunX NOW-USDT | 137.45 | 0 | get 0.0000% / 8h | 6h 27m | $815 | $496K | 10x |
Lighter NOW
SunX NOW-USDTPrice 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
- $5.82
- Funding while held
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$5.14
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: no order-book sample; SunX: live order book, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 21 min ago | 48.43 bp | 68.1 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
Lighter: 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.
NOW price on every exchange
against the cheapest. Click to use as the short leg.
KuCoin
QFEX
Bitget
Vest
Aster
Gate
tradeXYZ
Binance
BloFin
Bybit
OKX
HTX
InjectiveNOW on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | −0.087% | +0.0100% | 8h | $310K | $794K | 20x | as long as short |
| Lighter NOWlong | 0.000% | +0.0032% | 1h | $5K | $242 | 5x | |
| QFEX NOW-USD | +0.036% | 0.0000% | 1h | $1.1M | $1.9M | 10x | as long as short |
| Bitget NOWUSDT | +0.036% | 0.0000% | 8h | $751K | $294K | 20x | as long as short |
| Vest NOW-USD-PERP | +0.036% | +0.0046% | 1h | — | — | 25x | as long as short |
| Aster NOWUSDT | +0.038% | 0.0000% | 8h | $41K | $995 | 20x | as long as short |
| Gate NOW_USDT | +0.044% | 0.0000% | 8h | $248K | $413K | 20x | as long as short |
| tradeXYZ xyz:NOW | +0.058% | +0.0050% | 1h | $2.1M | $129K | 10x | as long as short |
| SunX NOW-USDTshort | +0.058% | 0.0000% | 8h | $815 | $496K | 10x | |
| Binance NOWUSDT | +0.063% | 0.0000% | 8h | $1.6M | $1.3M | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin NOW-USDT | +0.087% | +0.0028% | 8h | $46K | $17K | 20x | as long as short |
| Bybit NOWUSDT | +0.131% | +0.0039% | 8h | $1.5M | $5.8M | 25x | as long as short |
| OKX NOW-USDT-SWAP | +0.131% | 0.0000% | 8h | $480K | $207K | 20x | as long as short |
| HTX NOW-USDT | +0.167% | 0.0000% | 8h | $5K | $21K | 20x | as long as short |
| Injective NOW/USDC PERP | +1.769% | +0.0033% | 1h | $3K | $101 | 12x | as long as short |