Funding you earn now, next payment 03:00 UTC−0.1503%/8h= −164.5% APRpaid last 24h −0.183%
Price spread now: BloFin against Lighter−0.172%60s7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days−0.496%−$50 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.172%, 7d avg −0.069%
=Together, before fees−0.464%+ Points / potential airdropLighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$45 a day on $10k at the current rate, and BloFin is 0.103% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.069%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.496% in total (about -25.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 0G | 0.2325 | 0.1624 | pay 0.0203% / 1h | 34m 01s | $48K | $104K | 3x |
| Short | BloFin 0G-USDT | 0.2321 | 0.0121 | get 0.0061% / 4h | 1h 34m | $326K | $9K | 50x |
Lighter 0G
BloFin 0G-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$315.57
- Price spread: −0.172% → −0.069%
- −$10.32
- Slippage, 4 orders
- −$112.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$449.95
- Costs to cover
- 1.241%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; BloFin: live order book, 6 min ago.
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, 2 min ago | 10.74 bp | 40.8 bp −$41 | 105.4 bp −$1,054 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.16 bp | 8.3 bp −$8 | 23.0 bp −$230 | 220.5 bp −$22.0K | doesn't fit |
0G on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.1078% | 4h | 0.2320 | −0.215% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2318 | −0.301% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2316 | −0.368% | $17K | $41K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2321 | −0.172% | $6.8M | $8.9M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2318 | −0.301% | $2.3M | $2.4M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2321 | −0.172% | $893K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2317 | −0.344% | $600K | $146K | 50x | as long as short |
| MEXC 0G_USDT | +0.0100% | 4h | 0.2319 | −0.258% | $2.0M | $193K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0100% | 4h | 0.2321 | −0.189% | $2.4M | $2.4M | 50x | as long as short |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2320 | −0.215% | $1.9M | $727K | 50x | as long as short |
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
MEXC 0G_USDT
KuCoin 0GUSDTM
Bitget 0GUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 0G | +0.0100% | 4h | 0.2319 | −0.278% | $13K | $3K | — | as long as short |
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2313 | −0.516% | $18K | $624K | 50x | as long as short |
| BloFin 0G-USDTshort | +0.0121% | 4h | 0.2321 | −0.172% | $326K | $9K | 50x | |
| Backpack 0G_USDC_PERP | +0.0473% | 1h | 0.2320 | −0.215% | $31K | $50K | 5x | as long as short |
| Hyperliquid 0G | +0.1081% | 1h | 0.2324 | −0.054% | $2.5M | $502K | 3x | as long as short |
| Lighter 0Glong | +0.1624% | 1h | 0.2325 | long leg | $48K | $104K | 3x |
Variational Omni 0G
ApeX Omni 0GUSDT
Backpack 0G_USDC_PERP
Hyperliquid 0G