Funding you earn now, next payment 03:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.062%
Price spread now: Gate against Lighter−0.086%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
Funding, last 7 days+0.315%+$32 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.086%, 7d avg −0.074%
=Together, before fees+0.321%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.315%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter FF | 0.1281 | 0.0440 | pay 0.0055% / 1h | 20m 53s | $136K | $33K | 3x |
| Short | Gate FF_USDT | 0.1280 | 0.0100 | get 0.0050% / 4h | 1h 20m | $27.0M | $1.4M | 50x |
Lighter FF
Gate FF_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$71.4
- Price spread: −0.086% → −0.074%
- −$1.2
- Slippage, 4 orders
- −$109.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$196.9
- Costs to cover
- 1.243%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 24 min ago; Gate: 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, 24 min ago | 3.54 bp | 61.7 bp −$62 | 164.3 bp −$1,643 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.73 bp | 26.5 bp −$26 | 119.3 bp −$1,193 | 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 | +0.0002% | 4h | 0.1278 | −0.242% | $2.3M | $301K | 20x | as long as short |
| MEXC FF_USDT | +0.0018% | 4h | 0.1276 | −0.375% | $10.1M | $719K | 50x | as long as short |
| Binance FFUSDT | +0.0025% | 4h | 0.1277 | −0.343% | $43.2M | $19.1M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1278 | −0.215% | $1.2M | $17K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1277 | −0.312% | $14.4M | $4.9M | 20x | as long as short |
| Gate FF_USDTshort | +0.0100% | 4h | 0.1280 | −0.086% | $27.0M | $1.4M | 50x | |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1280 | −0.078% | $8.6M | $4.9M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1278 | −0.289% | $18.6M | $1.2M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1278 | −0.289% | — | $6.7M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1277 | −0.343% | $2K | $1.3M | 20x | as long as short |
BloFin FF-USDT
MEXC FF_USDT
Binance FFUSDT
Aster FFUSDT
Bybit FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FFlong | +0.0440% | 1h | 0.1281 | long leg | $136K | $33K | 3x |