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

BB

RWAall BB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0338%/8h= −37.0% APRnext payment $0.42 per $10,000 · paid last 24h −0.161%
Price spread now: Vest against Lighter−0.150%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 4 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 · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Vest is 0.150% cheaper against Lighter than usual: you would sell low and buy high (−$15 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 BB8.53280.0384pay 0.0048% / 1h22m 30s$187K$149K10x
ShortVest BB-USD-PERP8.52000.0046get 0.0006% / 1h22m 30s$87510x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$71.05
Price spread: −0.150% → 0.000%
−$15
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$88.05
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 62 min ago; Vest: 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, 62 min ago14.72 bp14.7 bp −$1520.0 bp −$20057.6 bp −$5,756doesn't fit
Sell Vest no order-book sample
Vest: 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
tradeXYZ xyz:BB−0.0957%1h8.5185−0.168%$10.8M$3.1M10xas long as short
Extended BB-USD−0.0944%1h8.5180−0.173%$9K$11K10xas long as short
Bitget BBSTOCKUSDT0.0000%8h8.5130−0.232%$49K$16K20xas long as short
QFEX BB-USD+0.0032%1h8.5100−0.267%$1.1M$178K10xas long as short
Vest BB-USD-PERPshort+0.0046%1h8.5200−0.150%$87510x
Ondo Perps BB-USD.P+0.0050%1h8.5040−0.338%$487K$440K10xas long as short
OKX BB-USDT-SWAP+0.0083%8h8.5220−0.127%$210K$537K20xas long as short
MEXC BBSTOCK_USDT+0.0315%8h8.5100−0.267%$309K$108K50xas long as short
Lighter BBlong+0.0384%1h8.5328long leg$187K$149K10x