Funding you earn now, next payment 22:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h +0.083%
Price spread now: Lighter against BloFin+0.329%7-day average +0.300% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.380%+$38 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.329%, 7d avg +0.300%
=Together, before fees+0.319%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.300%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FF-USDT | 0.1278 | −0.0060 | get 0.0030% / 4h | 2h 36m | $2.3M | $491K | 20x |
| Short | Lighter FF | 0.1283 | 0.0096 | get 0.0012% / 1h | 36m 28s | $136K | $86K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $32.83
- Price spread: +0.329% → +0.300%
- $2.87
- Slippage, 4 orders
- −$70.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$46.48
- Costs to cover
- 0.822%
- Break-even
- 16.9 days
Slippage from BloFin: live order book, 2 min ago; Lighter: live order book, 45 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 BloFin live order book, 2 min ago | 1.96 bp | 14.9 bp −$15 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 45 min ago | 1.18 bp | 10.4 bp −$10 | 108.9 bp −$1,089 | doesn't fit | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDT | −0.0109% | 4h | 0.1279 | +0.055% | $43.2M | $63.9M | 20x | as long as short |
| MEXC FF_USDT | −0.0108% | 4h | 0.1279 | +0.063% | $10.0M | $4.6M | 50x | as long as short |
| BloFin FF-USDTlong | −0.0060% | 4h | 0.1278 | long leg | $2.3M | $491K | 20x | |
| Lighter FFshort | +0.0096% | 1h | 0.1283 | +0.329% | $136K | $86K | 3x | |
| Aster FFUSDT | +0.0100% | 4h | 0.1280 | +0.152% | $1.2M | $46K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1279 | +0.078% | $14.4M | $16.4M | 20x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1281 | +0.203% | $27.0M | $4.4M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1282 | +0.305% | $8.6M | $6.9M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1281 | +0.172% | $18.6M | $5.5M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1279 | +0.070% | — | $7.2M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX FF-USDT | +0.0100% | 4h | 0.1278 | −0.039% | $1K | $3.3M | 20x | as long as short |
BloFin FF-USDT
Lighter FF
Binance FFUSDT
MEXC FF_USDT
Aster FFUSDT
Bybit FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT