Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —
Price spread now: Lighter against OKX+0.121%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.121% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread 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 | OKX BE-USDT-SWAP | 273.14 | 0 | get 0.0000% / 8h | 7h 00m | $2.6M | $6.9M | 25x |
| Short | Lighter BE | 273.47 | 0.0032 | get 0.0004% / 1h | 0m 37s | — | — | 10x |
OKX BE-USDT-SWAP
Lighter BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.121% → 0.000%
- $12.08
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.8
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago | 3.12 bp | 25.2 bp −$25 | 265.3 bp −$2,653 | 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 | 273.99 | +0.312% | $345K | $132K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 273.16 | +0.006% | $48K | $384K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 273.23 | +0.033% | $8.2M | $38.5M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 273.32 | +0.066% | $2.0M | $1.0M | 25x | as long as short |
| OKX BE-USDT-SWAPlong | 0.0000% | 8h | 273.14 | long leg | $2.6M | $6.9M | 25x | |
| Gate BE_USDT | 0.0000% | 8h | 272.90 | −0.088% | $1.3M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.17 | +0.011% | $1.5M | $2.9M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.56 | +0.154% | $1K | $2.1M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 273.49 | +0.128% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.80 | +0.242% | $13K | $35K | 20x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0012% | 1h | 273.48 | +0.124% | $1.3M | $2.2M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.33 | +0.070% | $468K | $132K | 10x | as long as short |
| Lighter BEshort | +0.0032% | 1h | 273.47 | +0.121% | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 273.47 | +0.121% | $248K | $305K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.17 | +0.011% | $113K | $97K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.32 | +0.066% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0061% | 1h | 273.11 | −0.011% | $5.9M | $2.9M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.79 | −0.128% | $355K | $102K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.38 | +0.088% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.60 | +0.168% | $46K | $154K | 20x | as long as short |
| GRVT BE_USDT_Perp | +0.0196% | 8h | 271.57 | −0.575% | $6K | $149K | 10x | as long as short |
QFEX BE-USD
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
GRVT BE_USDT_Perp