Funding you earn now, next payment 22:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h —
Price spread now: QFEX against Lighter+0.070%7-day average — · you sell dearer than you buy
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.070% dearer against Lighter than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BE | 272.30 | 0.0032 | pay 0.0004% / 1h | 9m 08s | — | — | 10x |
| Short | QFEX BE-USD | 272.49 | 0.0038 | get 0.0005% / 1h | 9m 08s | $1.3M | $3.7M | 10x |
Lighter BE
QFEX BE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter. 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
- $1.24
- Price spread: +0.070% → 0.000%
- $6.98
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$1.78
- Costs to cover
- 0.100%
- Break-even
- 17.0 days
Slippage unknown: Lighter: no order-book sample; QFEX: live order book, 4 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 4 min ago | 1.65 bp | 8.1 bp −$8 | 13.2 bp −$132 | doesn't fit | doesn't fit |
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 | 273.24 | +0.345% | $343K | $116K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.53 | +0.084% | $46K | $270K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 272.59 | +0.105% | $8.5M | $37.4M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 272.48 | +0.066% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.69 | +0.143% | $2.6M | $6.7M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.40 | +0.037% | $1.5M | $3.8M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 272.43 | +0.048% | $1.7M | $2.7M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.62 | +0.118% | $7K | $200K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.69 | +0.143% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.67 | +0.136% | $12K | $33K | 20x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BE-PERP-INTX | +0.0008% | 1h | 272.24 | −0.022% | $467K | $121K | 10x | as long as short |
| Lighter BElong | +0.0032% | 1h | 272.30 | long leg | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 272.54 | +0.088% | $248K | $481K | 10x | as long as short |
| QFEX BE-USDshort | +0.0038% | 1h | 272.49 | +0.070% | $1.3M | $3.7M | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 272.42 | +0.044% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.28 | −0.007% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0098% | 1h | 272.60 | +0.110% | $5.8M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.68 | +0.140% | $368K | $24K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.50 | +0.074% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.64 | +0.125% | $45K | $141K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0484% | 1h | 272.58 | +0.103% | $6K | $4K | 10x | as long as short |
Coinbase International BE-PERP-INTX
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL