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

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0432%/8h= −47.3% APRnext payment $0.54 per $10,000 · paid last 24h +0.028%
Price spread now: Extended against Lighter−0.169%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Extended is 0.169% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BB8.62970.1008pay 0.0126% / 1h25m 55s$189K$141K10x
ShortExtended BB-USD8.61520.0576get 0.0072% / 1h25m 55s$9K$21K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$90.72
Price spread: −0.169% → 0.000%
−$16.86
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$112.58
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 14 min ago; Extended: 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, 14 min ago17.44 bp17.4 bp −$1722.9 bp −$22960.1 bp −$6,009doesn't fit
Sell Extended no order-book sample
Extended: 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.

BB on 9 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
Bitget BBSTOCKUSDT0.0000%8h8.5970−0.379%$49K$23K20xas long as short
Vest BB-USD-PERP+0.0046%1h8.6100−0.228%$1K10xas long as short
QFEX BB-USD+0.0080%1h8.6000−0.344%$1.1M$236K10xas long as short
Ondo Perps BB-USD.P+0.0195%1h8.5890−0.472%$469K$436K10xas long as short
OKX BB-USDT-SWAP+0.0289%8h8.6270−0.031%$220K$525K20xas long as short
MEXC BBSTOCK_USDT+0.0559%8h8.6000−0.344%$312K$108K50xas long as short
tradeXYZ xyz:BB+0.0576%1h8.6178−0.138%$10.8M$3.5M10xas long as short
Extended BB-USDshort+0.0576%1h8.6152−0.169%$9K$21K10x
Lighter BBlong+0.1008%1h8.6297long leg$189K$141K10x