Funding you earn now, next payment 06:00 UTC−0.0876%/8h= −95.9% APRpaid last 24h −0.079%
Price spread now: Bitget against Lighter−0.334%7-day average −0.247% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.334%, 7d avg −0.247%
=Together, before fees−0.221%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and Bitget is 0.087% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.247%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.316% in total (about -16.5% 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 FF | 0.1287 | 0.0976 | pay 0.0122% / 1h | 0m 51s | $136K | $27K | 3x |
| Short | Bitget FFUSDT | 0.1283 | 0.0100 | get 0.0050% / 4h | 2h 00m | $18.6M | $940K | 5x |
Lighter FF
Bitget FFUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$183.96
- Price spread: −0.334% → −0.247%
- −$8.66
- Slippage, 4 orders
- −$80.92
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$285.54
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 29 min ago; Bitget: 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, 29 min ago | 0.39 bp | 47.8 bp −$48 | 125.9 bp −$1,259 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.51 bp | 21.3 bp −$21 | 69.6 bp −$696 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin FF-USDT | +0.0046% | 4h | 0.1283 | −0.280% | $2.3M | $135K | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1283 | −0.291% | $1.2M | $29K | 5x | as long as short |
| Binance FFUSDT | +0.0100% | 4h | 0.1283 | −0.345% | $43.4M | $15.9M | 20x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1283 | −0.303% | $14.5M | $4.1M | 20x | as long as short |
| MEXC FF_USDT | +0.0100% | 4h | 0.1283 | −0.319% | $10.2M | $691K | 50x | as long as short |
| Bitget FFUSDTshort | +0.0100% | 4h | 0.1283 | −0.334% | $18.6M | $940K | 5x | |
| BingX FF-USDT | +0.0100% | 4h | 0.1283 | −0.326% | — | $6.6M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1279 | −0.614% | $1K | $1.0M | 20x | as long as short |
| KuCoin FFUSDTM | +0.0474% | 4h | 0.1285 | −0.155% | $8.6M | $4.1M | 20x | as long as short |
| Gate FF_USDT | +0.0592% | 4h | 0.1284 | −0.264% | $27.0M | $1.3M | 50x | as long as short |
BloFin FF-USDT
Aster FFUSDT
Binance FFUSDT
Bybit FFUSDT
MEXC FF_USDT
BingX FF-USDT
SunX FF-USDT
KuCoin FFUSDTM
Gate FF_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FFlong | +0.0976% | 1h | 0.1287 | long leg | $136K | $27K | 3x |