Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.6950L +0.0045S +0.0063pay 0.0006% / 1h57m 44s$3.3M—100xLong Avantis
SHORT0.6960+0.0016get 0.0002% / 1h57m 44s$497K$9725xShort Lighter7d free
Price gap+0.142%
Funding gap−0.0029% /8h

Funding costs $1 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$7−0.0029% /8h now · paid −0.072% over the last 7D
Price$0spread +0.142% now, avg +0.144% → −0.001% if it goes back
Costsno datano order book for Avantis
Result, before costs−$7−0.07%+ Points / potential airdropAvantis: Season 3 · Lighter: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.142%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

AUD on 6 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$100 + $400
    Avantis 100x, Lighter 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.86Long Avantis: 24 payments, −$1.34; short Lighter: 24 payments, +$0.48.
  • Note: Gap at its usual level+0.142% vs +0.144%
    The price leg adds little either way.
  • Watch: Short leg is thinner$497K vs $3.3M OI
    Lighter sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3 · Lighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0034%/8h × 21 periods−$7.21
Price spread+0.142% → +0.144% (7d avg)−$0.12
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$4.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$11.33
Costs to cover0.040%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Lighter: live order book, 54 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTLighter2.372.5 bp−$210.3 bp−$10351.3 bp−$5,128doesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

AUD news

posts that mention AUD or Australian dollar, from every exchangeSearch all news →
09-29 11:00gTrade (Gains Network)ListingAUD/USD no longer reported ($AUD) seen by our collector
09-28 12:00BybitOtherToday, Gold hit a 7-week low! Tesla and AUDUSD+ are falling too. Can these 3 assets find some relief this week? Tap the banner to learn more. @Bybit_Official on X ↗