Settings8H · net · $10k
Funding arb · Price arb /

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0650%/8h= −71.2% APRpaid last 24h −0.218%
Price spread now: Lighter against Bitget−0.168%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Lighter is 0.168% cheaper against Bitget than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CTRUSDT0.011900.0746pay 0.0373% / 4h1h 24m$543K$56K20x
ShortLighter CTR0.011880.0096get 0.0012% / 1h24m 44s$10K$3193x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$136.5
Price spread: −0.168% → 0.000%
−$16.81
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$165.31
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 55 min ago; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 55 min ago16.79 bp59.5 bp −$59675.9 bp −$6,759doesn't fitdoesn't fit
Sell Lighter no order-book sample
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.

CTR on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CTRshort+0.0096%1h0.01188−0.168%$10K$3193x
Bybit CTRUSDT+0.0100%4h0.01190+0.025%$250K$124K20xas long as short
Gate CTR_USDT+0.0100%4h0.01194+0.336%$115K$16K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.01188−0.168%$276K$341K20xas long as short
Aster CTRUSDT+0.0575%4h0.01189−0.062%$9K$6K5xas long as short
Bitget CTRUSDTlong+0.0746%4h0.01190long leg$543K$56K20x
Binance CTRUSDT+0.0910%4h0.01190+0.016%$2.2M$829K20xas long as short
MEXC CTR_USDT+0.0918%4h0.011900.000%$604K$157K20xas long as short