Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.001%
Price spread now: Lighter RH against Binance−0.016%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now −0.016%, 7d avg −0.046%
=Together, before fees−0.119%+ Points / potential airdropLighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.030% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 269.16 | 0 | get 0.0000% / 8h | 7h 38m | $8.0M | $37.3M | 25x |
| Short | Lighter RH BE | 269.12 | 0.0032 | get 0.0004% / 1h | 38m 53s | $244K | $304K | 10x |
Binance BEUSDT
Lighter RH BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Binance. 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
- $6.72
- Price spread: −0.016% → −0.046%
- $3
- Slippage, 4 orders
- −$24.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$24.56
- Costs to cover
- 0.343%
- Break-even
- 32.6 days
Slippage from Binance: live order book, 3 min ago; Lighter RH: live order book, 58 min ago.
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 Binance live order book, 3 min ago | 1.30 bp | 12.5 bp −$12 | 47.1 bp −$471 | 119.4 bp −$11.9K | doesn't fit |
| Sell Lighter RH live order book, 58 min ago | 6.45 bp | 6.7 bp −$7 | 17.1 bp −$171 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BE_USDT_Perp | −0.0281% | 8h | 269.76 | +0.221% | $6K | $151K | 10x | as long as short |
| Bitget BEUSDT | −0.0011% | 8h | 269.18 | +0.006% | $1.6M | $2.7M | 20x | as long as short |
| Gate BE_USDT | −0.0009% | 8h | 268.90 | −0.098% | $1.3M | $3.3M | 50x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 269.60 | +0.164% | $340K | $128K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 269.11 | −0.019% | $45K | $383K | 10x | as long as short |
| Binance BEUSDTlong | 0.0000% | 8h | 269.16 | long leg | $8.0M | $37.3M | 25x | |
| Bybit BEUSDT | 0.0000% | 8h | 269.28 | +0.044% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 269.15 | −0.005% | $2.6M | $6.8M | 25x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 269.19 | +0.010% | $1K | $2.2M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 269.15 | −0.005% | $6K | $4K | 10x | as long as short |
GRVT BE_USDT_Perp
Bitget BEUSDT
Gate BE_USDT
Aster BEUSDT
Extended BE-USD
Bybit BEUSDT
OKX BE-USDT-SWAP
SunX BE-USDT
Deribit BE_USDC-PERPETUALShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BE-USDT | 0.0000% | 8h | 269.10 | −0.023% | $12K | $35K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 269.14 | −0.008% | $1.3M | $2.2M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 269.24 | +0.029% | $474K | $115K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 269.12 | −0.016% | — | — | 10x | as long as short |
| Lighter RH BEshort | +0.0032% | 1h | 269.12 | −0.016% | $244K | $304K | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 269.15 | −0.005% | $113K | $91K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 268.68 | −0.179% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 269.13 | −0.012% | $5.8M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 269.40 | +0.088% | $350K | $60K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 269.22 | +0.022% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 269.16 | −0.001% | $45K | $146K | 20x | as long as short |
HTX BE-USDT
QFEX BE-USD
Coinbase International BE-PERP-INTX
Lighter BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT