Funding you earn now, next payment 05:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h —
Price spread now: Lighter against Aevo−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.067% cheaper against Aevo than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo BE-PERP | 274.57 | 0.0104 | pay 0.0013% / 1h | 51m 49s | — | — | 10x |
| Short | Lighter BE | 274.39 | 0.0032 | get 0.0004% / 1h | 51m 49s | — | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$15.12
- Price spread: −0.067% → 0.000%
- −$6.72
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.84
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Aevo and Lighter: 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.
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.45 | −0.044% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.50 | −0.027% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.50 | −0.027% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.78 | +0.075% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.85 | +0.100% | $847 | $2.4M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 274.42 | −0.056% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.92 | +0.126% | $13K | $35K | 20x | as long as short |
| Lighter BEshort | +0.0032% | 1h | 274.39 | −0.067% | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 274.50 | −0.027% | $251K | $290K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 274.85 | +0.100% | $1.3M | $2.7M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BEUSDT | +0.0040% | 8h | 274.51 | −0.022% | $8.5M | $36.5M | 25x | as long as short |
| Extended BE-USD | +0.0040% | 1h | 274.50 | −0.026% | $46K | $260K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.73 | +0.057% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.86 | +0.104% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.51 | −0.024% | $5.9M | $2.6M | 10x | as long as short |
| Bybit BEUSDT | +0.0064% | 8h | 274.51 | −0.024% | $2.0M | $1.2M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.544% | $473K | $128K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.53 | −0.016% | $371K | $20K | 20x | as long as short |
| Aevo BE-PERPlong | +0.0104% | 1h | 274.57 | long leg | — | — | 10x | |
| OKX BE-USDT-SWAP | +0.0137% | 8h | 274.74 | +0.060% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0162% | 8h | 275.00 | +0.155% | $45K | $142K | 20x | as long as short |
Lighter BE
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Lighter RH BE
Binance BEUSDT
Extended BE-USD
tradeXYZ xyz:BE
Bybit BEUSDT
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT