Funding you earn now, next payment 06:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.010%
Price spread now: Bitget against Lighter RH−0.015%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.235%+$24 · spread now −0.015%, 7d avg +0.034%
=Together, before fees+0.198%+ Points / potential airdropLighter RH: Points live · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.048% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH BE | 271.37 | 0.0032 | pay 0.0004% / 1h | 36m 30s | $248K | $290K | 10x |
| Short | Bitget BEUSDT | 271.33 | −0.0010 | pay 0.0010% / 8h | 2h 36m | $1.6M | $2.6M | 20x |
Lighter RH BE
Bitget BEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter RH. 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
- −$8.82
- Price spread: −0.015% → +0.034%
- −$4.83
- Slippage, 4 orders
- −$36.01
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.65
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 11 min ago; Bitget: live order book, 1 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 Lighter RH live order book, 11 min ago | 3.86 bp | 6.1 bp −$6 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.24 bp | 19.0 bp −$19 | 45.9 bp −$459 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDTshort | −0.0010% | 8h | 271.33 | −0.015% | $1.6M | $2.6M | 20x | |
| Aster BEUSDT | 0.0000% | 8h | 271.32 | −0.017% | $341K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 271.40 | +0.011% | $47K | $253K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.49 | +0.044% | $8.3M | $37.0M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 271.30 | −0.026% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 270.86 | −0.188% | $6K | $160K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 271.04 | −0.122% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.93 | −0.162% | $12K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0002% | 8h | 271.53 | +0.059% | $2.0M | $1.1M | 25x | as long as short |
| OKX BE-USDT-SWAP | +0.0003% | 8h | 271.40 | +0.011% | $2.6M | $6.8M | 25x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
OKX BE-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0024% | 1h | 271.53 | +0.059% | $1.3M | $2.5M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.23 | −0.052% | — | — | 10x | as long as short |
| Lighter RH BElong | +0.0032% | 1h | 271.37 | long leg | $248K | $290K | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 271.13 | −0.088% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 271.44 | +0.026% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.38 | +0.004% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.287% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.43 | +0.022% | $367K | $17K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 271.46 | +0.033% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 271.49 | +0.044% | $45K | $144K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0745% | 1h | 271.55 | +0.066% | $6K | $4K | 10x | as long as short |
QFEX BE-USD
Lighter BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL