Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.8893+0.0180pay 0.0180% / 8h8m 13s$1.3M$683K75xLong BloFin
SHORT0.8891+0.0096get 0.0012% / 1h8m 13s$83K$337K10xShort Lighter7d free
Price gap−0.025%
Funding gap−0.0084% /8h

Funding costs $3 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$30−0.0084% /8h now · paid −0.302% over the last 7D
Price−$1spread −0.025% now, avg −0.013% → −0.012% if it goes back
Costs−$330.329% of $10k · taker + slippage, in and out
Result−$64−0.64%+ Points / potential airdropLighter: Season 3 · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.025%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

DOT on 28 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Large against open interest11.1 / 6.0 bp
    $10k is over 10% of Lighter’s open interest.
  • Note: Margin at max leverage$133 + $1,000
    BloFin 75x, Lighter 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$2.52Long BloFin: 3 payments, −$5.40; short Lighter: 24 payments, +$2.88.
  • Note: Gap at its usual level−0.025% vs −0.013%
    The price leg adds little either way.
  • Watch: Short leg is thinner$83K vs $1.3M OI
    Lighter sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • Watch: KYCBloFin Limited · Lighter No
    No ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0144%/8h × 21 periods−$30.24
Price spread−0.025% → −0.013% (7d avg)−$1.21
Slippage, 4 orderslive order books−$20.93
Fee BloFin bp × 2 orders−$12.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$64.37
Costs to cover0.329%Break-evennever at this rate
Slippage: BloFin: live order book, 5 min ago; Lighter: live order book, 32 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBloFin1.1211.1 bp−$1118.9 bp−$18948.4 bp−$4,838doesn’t fit
SELL · SHORTLighter4.686.0 bp−$614.2 bp−$142doesn’t fitdoesn’t fit

Closing costs about the same again.

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