After costs, if the gap returns to its 7d average, $10k−$20
spread now−0.328%7d average−0.193%fees + slippage, in and out−$6spread needed0.061%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter US500 | 7,719.6 | 0.0032 | pay 0.0004% / 1h | 19m 13s | $4.8M | $17.0M | 50x |
| Short | Markets by Kinetiq mkts:US500 | 7,694.3 | 0.0046 | get 0.0006% / 1h | 19m 13s | $1.8M | $6.6M | 25x |
Lighter US500
Markets by Kinetiq mkts:US500Price 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
- −$32.77
- Funding while held
- $0.41
- Slippage, 4 orders
- −$4.45
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Net
- −$38.44
- Spread needed to break even
- 0.061%
Slippage from Lighter: live order book, 6 min ago; Markets by Kinetiq: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.41
- 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 | 0.71 bp | 0.7 bp −$1 | 1.1 bp −$11 | 4.2 bp −$420 | 132.8 bp −$66.4K |
| Sell Markets by Kinetiq live order book, 9 min ago | 0.26 bp | 1.6 bp −$2 | doesn't fit | doesn't fit | doesn't fit |
SP500 price on every exchange
against the cheapest. Click to use as the short leg.Injective7,609.1cheapest
InjectiveMarkets by Kinetiq7,694.3+1.120%
Variational Omni7,700.1+1.196%SoDEX7,719.5+1.451%
Variational Omni
SoDEXLighter7,719.6+1.452%
Ondo Perps7,719.8+1.454%Paradex7,720.6+1.466%Aftermath Perps7,721.2+1.473%Polymarket Perps7,721.7+1.480%Bullet7,722.4+1.489%tradeXYZ7,722.5+1.490%QFEX7,722.8+1.494%Extended7,722.8+1.495%Pacifica7,723.6+1.504%Popdex7,725.1+1.524%Bitget7,726.1+1.538%OKX7,728.9+1.574%Vest7,789.1+2.366%
Ondo Perps
Paradex
Polymarket Perps
Bullet
tradeXYZ
QFEX
Extended
Pacifica
Popdex
Bitget
OKX
VestSP500 on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective US500/USDC PERP | −1.431% | −0.0220% | 1h | $7K | $125K | 52x | as long as short |
| Markets by Kinetiq mkts:US500short | −0.328% | +0.0046% | 1h | $1.8M | $6.6M | 25x | |
| Variational Omni US500 | −0.252% | +0.0142% | 8h | $17.5M | $11.9M | — | as long as short |
| SoDEX US500-USD | −0.001% | +0.0050% | 1h | $1.0M | $46K | 20x | as long as short |
| Lighter US500long | 0.000% | +0.0032% | 1h | $4.8M | $17.0M | 50x | |
| Ondo Perps US500-USD.P | +0.002% | +0.0050% | 1h | $9.6M | $5.1M | 25x | as long as short |
| Paradex US500-USD-PERP | +0.014% | +0.0050% | 8h | $42K | — | 5x | as long as short |
| Aftermath Perps US500USD | +0.021% | +0.0376% | 1h | $513 | $12K | 10x | as long as short |
| Polymarket Perps SP500-USD | +0.027% | +0.0050% | 1h | $7.6M | $1.6M | 50x | as long as short |
| Bullet US500-USD | +0.036% | 0.0000% | 1h | $12K | $107K | 10x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SP500 | +0.038% | +0.0050% | 1h | $432.5M | $207.0M | 50x | as long as short |
| QFEX US500-USD | +0.041% | +0.0008% | 1h | $11.7M | $3.0M | 30x | as long as short |
| Extended SPX500m-USD | +0.042% | +0.0032% | 1h | $3.3M | $13.2M | 25x | as long as short |
| Pacifica SP500 | +0.051% | +0.0100% | 1h | $263K | $113K | 20x | as long as short |
| Popdex US500USDT | +0.071% | +0.0048% | 1h | $570K | $184K | 20x | as long as short |
| Bitget SP500USDT | +0.084% | 0.0000% | 8h | $7.3M | $600K | 50x | as long as short |
| OKX US500-USDT-SWAP | +0.120% | 0.0000% | 8h | $155K | $273K | 20x | as long as short |
| Vest SPX-USD-PERP | +0.901% | +0.0046% | 1h | — | $1.9M | 50x | as long as short |