BE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter RH against QFEX−0.051%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.246% of the position

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.204%−$20 · spread now −0.051%, 7d avg −0.042%

Together, before fees−0.182%+ Points / potential airdropLighter RH: Points live · farm board−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX BE-USD	275.30	0.0052	pay 0.0006% / 1h	19m 18s	$1.3M	$2.7M	10x
Short	Lighter RH BE	275.16	0.0032	get 0.0004% / 1h	19m 18s	$251K	$291K	10x

Funding history

latest

Range statsloading…

Lighter RH against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee QFEXbpFee Lighter RHbpOrdersPrice spread, now −0.051%Rate

Slippage from QFEX: live order book, 3 min ago; Lighter RH: live order book, 38 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy QFEX live order book, 3 min ago	2.18 bp	9.3 bp −$9	13.1 bp −$131	doesn't fit	doesn't fit
Sell Lighter RH live order book, 38 min ago	1.45 bp	3.7 bp −$4	14.4 bp −$144	doesn't fit	doesn't fit

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	275.14	−0.058%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	275.10	−0.073%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.40	+0.036%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.27	−0.011%	$6K	$162K	10x	as long as short
SunX BE-USDT	0.0000%	8h	275.25	−0.018%	$966	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.33	+0.011%	$13K	$34K	20x	as long as short
Lighter BE	+0.0032%	1h	275.04	−0.094%	—	—	10x	as long as short
Lighter RH BEshort	+0.0032%	1h	275.16	−0.051%	$251K	$291K	10x
Coinbase International BE-PERP-INTX	+0.0040%	1h	273.08	−0.806%	$473K	$128K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.15	−0.054%	$115K	$109K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERP	+0.0046%	1h	275.34	+0.015%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	275.20	−0.036%	$5.9M	$2.6M	10x	as long as short
QFEX BE-USDlong	+0.0052%	1h	275.30	long leg	$1.3M	$2.7M	10x
Extended BE-USD	+0.0056%	1h	275.20	−0.035%	$49K	$260K	10x	as long as short
Binance BEUSDT	+0.0059%	8h	275.25	−0.016%	$8.5M	$36.4M	25x	as long as short
Bybit BEUSDT	+0.0094%	8h	275.38	+0.029%	$2.0M	$1.2M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	275.27	−0.011%	$372K	$19K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.25	−0.019%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0147%	8h	275.45	+0.054%	$2.7M	$6.8M	25x	as long as short
BloFin BE-USDT	+0.0181%	8h	275.55	+0.091%	$45K	$141K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0404%	1h	275.26	−0.015%	$7K	$4K	10x	as long as short