Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.067%
Price spread now: BingX against Lighter−0.282%7-day average −0.226% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.282%, 7d avg −0.226%
=Together, before fees−0.241%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.056% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.226%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FF | 0.1277 | 0.0144 | pay 0.0018% / 1h | 59m 51s | $135K | $42K | 3x |
| Short | BingX FF-USDT | 0.1274 | 0.0100 | get 0.0050% / 4h | 59m 51s | — | $7.0M | — |
Lighter FF
BingX FF-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$9.24
- Price spread: −0.282% → −0.226%
- −$5.57
- Slippage, 4 orders
- −$84.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.43
- Costs to cover
- 0.946%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 74 min ago; BingX: live order book, 3 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, 74 min ago | 7.05 bp | 49.0 bp −$49 | 157.3 bp −$1,573 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 2.36 bp | 14.2 bp −$14 | 25.1 bp −$251 | 294.9 bp −$29.5K | 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 | −0.0213% | 4h | 0.1273 | −0.303% | $43.1M | $42.7M | 20x | as long as short |
| MEXC FF_USDT | −0.0210% | 4h | 0.1274 | −0.274% | $10.1M | $3.6M | 50x | as long as short |
| BloFin FF-USDT | −0.0185% | 4h | 0.1273 | −0.337% | $2.3M | $412K | 20x | as long as short |
| Bybit FFUSDT | −0.0027% | 4h | 0.1274 | −0.266% | $14.3M | $10.2M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1275 | −0.191% | $1.2M | $31K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1275 | −0.188% | $26.9M | $3.5M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1276 | −0.094% | $8.6M | $6.4M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1274 | −0.258% | $18.5M | $3.7M | 5x | as long as short |
| BingX FF-USDTshort | +0.0100% | 4h | 0.1274 | −0.282% | — | $7.0M | — | |
| SunX FF-USDT | +0.0100% | 4h | 0.1273 | −0.313% | $2K | $2.5M | 20x | as long as short |
Binance FFUSDT
MEXC FF_USDT
BloFin FF-USDT
Bybit FFUSDT
Aster FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FFlong | +0.0144% | 1h | 0.1277 | long leg | $135K | $42K | 3x |