BE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.016%

Price spread now: Lighter RH against tradeXYZ−0.037%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$400.395% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.067%−$7 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.037%, 7d avg −0.018%

Together, before fees−0.010%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, 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	tradeXYZ xyz:BE	270.54	0.0078	pay 0.0010% / 1h	38m 26s	$5.9M	$2.8M	10x
Short	Lighter RH BE	270.44	0.0032	get 0.0004% / 1h	38m 26s	$241K	$297K	10x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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latest

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

Position, each leg$Hold fordaysFee tradeXYZbpFee Lighter RHbpOrdersPrice spread, now −0.037%Rate

Slippage from tradeXYZ: live order book, 10 min ago; Lighter RH: live order book, 4 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 10 min ago	1.11 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	2.59 bp	3.7 bp −$4	12.0 bp −$120	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
Gate BE_USDT	−0.0138%	8h	270.40	−0.052%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	−0.0114%	8h	270.52	−0.007%	$1.6M	$2.6M	20x	as long as short
Aster BEUSDT	0.0000%	8h	270.48	−0.024%	$341K	$123K	20x	as long as short
Extended BE-USD	0.0000%	1h	270.48	−0.023%	$46K	$257K	10x	as long as short
Binance BEUSDT	0.0000%	8h	270.49	−0.018%	$8.2M	$37.2M	25x	as long as short
OKX BE-USDT-SWAP	0.0000%	8h	270.59	+0.018%	$2.6M	$6.8M	25x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	270.91	+0.137%	$7K	$156K	10x	as long as short
SunX BE-USDT	0.0000%	8h	270.68	+0.052%	$1K	$2.3M	10x	as long as short
Deribit BE_USDC-PERPETUAL	0.0000%	1h	270.55	+0.004%	$6K	$4K	10x	as long as short
HTX BE-USDT	0.0000%	8h	270.62	+0.030%	$12K	$35K	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	270.40	−0.052%	—	—	10x	as long as short
Lighter RH BEshort	+0.0032%	1h	270.44	−0.037%	$241K	$297K	10x
QFEX BE-USD	+0.0040%	1h	270.46	−0.030%	$1.3M	$2.4M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	270.59	+0.018%	$113K	$109K	10x	as long as short
Bybit BEUSDT	+0.0044%	8h	270.61	+0.026%	$2.0M	$1.1M	25x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	270.43	−0.041%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	270.59	+0.018%	$473K	$130K	10x	as long as short
tradeXYZ xyz:BElong	+0.0078%	1h	270.54	long leg	$5.9M	$2.8M	10x
KuCoin BEUSDTM	+0.0100%	8h	270.51	−0.011%	$366K	$18K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	270.61	+0.024%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	270.66	+0.044%	$45K	$146K	20x	as long as short