Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.018%
Price spread now: Lighter RH against Bitget+0.029%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$480.475% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.029%, 7d avg −0.035%
=Together, before fees−0.261%+ Points / potential airdropLighter RH: Points live · farm board−$26 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 0.064% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BEUSDT | 273.14 | 0 | get 0.0000% / 8h | 1h 30m | $1.7M | $2.7M | 20x |
| Short | Lighter RH BE | 273.22 | 0.0032 | get 0.0004% / 1h | 30m 53s | $249K | $424K | 10x |
Bitget BEUSDT
Lighter RH BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bitget. 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: +0.029% → −0.035%
- $6.39
- Slippage, 4 orders
- −$35.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$34.41
- Costs to cover
- 0.475%
- Break-even
- 42.8 days
Slippage from Bitget: live order book, 2 min ago; Lighter RH: live order book, 51 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 Bitget live order book, 2 min ago | 2.75 bp | 18.5 bp −$19 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 51 min ago | 4.22 bp | 5.0 bp −$5 | 11.4 bp −$114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 273.21 | +0.026% | $344K | $117K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 273.26 | +0.045% | $46K | $270K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 273.31 | +0.062% | $8.5M | $37.4M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 273.23 | +0.033% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.00 | −0.051% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDTlong | 0.0000% | 8h | 273.14 | long leg | $1.7M | $2.7M | 20x | |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 273.15 | +0.002% | $7K | $194K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.27 | +0.048% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.38 | +0.088% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.99 | −0.055% | — | — | 10x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BEshort | +0.0032% | 1h | 273.22 | +0.029% | $249K | $424K | 10x | |
| QFEX BE-USD | +0.0035% | 1h | 273.13 | −0.004% | $1.3M | $3.8M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.95 | −0.070% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.96 | −0.066% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.24 | −0.330% | $467K | $121K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0065% | 8h | 273.35 | +0.077% | $2.6M | $6.8M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.90 | −0.088% | $368K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.28 | +0.052% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.23 | +0.033% | $45K | $141K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0170% | 1h | 273.03 | −0.040% | $5.9M | $2.9M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0703% | 1h | 273.19 | +0.018% | $6K | $4K | 10x | as long as short |
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
tradeXYZ xyz:BE
Deribit BE_USDC-PERPETUAL