Settings8H · net · $10k
Funding arb · Price arb /

AI

RWAall AI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.5760%/8h= −630.7% APRnext payment $7.20 per $10,000 · paid last 24h −0.626%
Price spread now: Lighter RH against Lighter−0.021%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−3.590%−$359 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$173 a day on $10k at the current rate, and Lighter RH is 0.021% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -3.590% in total (about -187.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $7.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AI0.23300.8568pay 0.1071% / 1h1m 21s$264K$174K3x
ShortLighter RH AI0.23290.2808get 0.0351% / 1h1m 21s$44K$40K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1,209.6
Price spread: −0.021% → 0.000%
−$2.15
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$1,211.75
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 29 min ago; Lighter RH: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 29 min ago87.38 bp152.6 bp −$153doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH no order-book sample
Lighter RH: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AI on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH AIshort+0.2808%1h0.2329−0.021%$44K$40K3x
Aster AIUSDT+0.3993%1h0.2379+2.110%$78K$88K10xas long as short
Lighter AIlong+0.8568%1h0.2330long leg$264K$174K3x