Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h —
Price spread now: Lighter against BloFin−0.073%90s7-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 −$3 a day on $10k at the current rate, and Lighter is 0.073% cheaper against BloFin 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. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BE-USDT | 272.70 | 0.0120 | pay 0.0120% / 8h | 2h 51m | $45K | $144K | 20x |
| Short | Lighter BE | 272.50 | 0.0032 | get 0.0004% / 1h | 51m 23s | — | — | 10x |
BloFin BE-USDT
Lighter BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$18.48
- Price spread: −0.073% → 0.000%
- −$7.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.81
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 28 min ago; 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 BloFin live order book, 28 min ago | 0.18 bp | 7.3 bp −$7 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 | 272.61 | −0.034% | $343K | $120K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.74 | +0.015% | $47K | $258K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 272.82 | +0.045% | $8.3M | $37.0M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.60 | −0.037% | $1.4M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 272.82 | +0.044% | $1.6M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.63 | −0.025% | $6K | $162K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.88 | +0.066% | $969 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.87 | +0.062% | $12K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0018% | 8h | 272.91 | +0.077% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USD | +0.0024% | 1h | 272.70 | 0.000% | $1.3M | $2.5M | 10x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
QFEX BE-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BEshort | +0.0032% | 1h | 272.50 | −0.073% | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 272.69 | −0.004% | $249K | $290K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0032% | 8h | 272.75 | +0.018% | $2.6M | $6.9M | 25x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.40 | −0.110% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.84 | +0.051% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 272.66 | −0.015% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 271.77 | −0.341% | $475K | $136K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.63 | −0.026% | $368K | $17K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.74 | +0.014% | — | — | 10x | as long as short |
| BloFin BE-USDTlong | +0.0120% | 8h | 272.70 | long leg | $45K | $144K | 20x | |
| Deribit BE_USDC-PERPETUAL | +0.0484% | 1h | 272.76 | +0.022% | $6K | $4K | 10x | as long as short |
Lighter RH BE
OKX BE-USDT-SWAP
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
Deribit BE_USDC-PERPETUAL