Funding you earn now, next payment 09:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter RH against Vest+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVest: Active · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.022% dearer against Vest than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 5.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest BE-USD-PERP | 269.53 | 0.0046 | pay 0.0006% / 1h | 43m 13s | — | — | 10x |
| Short | Lighter RH BE | 269.59 | 0.0032 | get 0.0004% / 1h | 43m 13s | $244K | $304K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Vest. 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
- −$2.87
- Price spread: +0.022% → 0.000%
- $2.23
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$2.65
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 54 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 54 min ago | 6.45 bp | 6.7 bp −$7 | 17.1 bp −$171 | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BE_USDT_Perp | −0.0449% | 8h | 269.71 | +0.066% | $6K | $151K | 10x | as long as short |
| Bitget BEUSDT | −0.0018% | 8h | 269.63 | +0.037% | $1.6M | $2.7M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 269.95 | +0.155% | $341K | $128K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 269.71 | +0.066% | $47K | $380K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 269.79 | +0.097% | $8.1M | $37.3M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 269.76 | +0.085% | $2.0M | $1.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 269.74 | +0.078% | $2.6M | $6.8M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 269.60 | +0.026% | $1.3M | $3.3M | 50x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 269.84 | +0.115% | $1K | $2.2M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 269.87 | +0.126% | $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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0012% | 1h | 269.44 | −0.033% | $1.3M | $2.2M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 269.24 | −0.108% | $474K | $115K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 269.50 | −0.011% | — | — | 10x | as long as short |
| Lighter RH BEshort | +0.0032% | 1h | 269.59 | +0.022% | $244K | $304K | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 269.50 | −0.011% | $113K | $91K | 10x | as long as short |
| Vest BE-USD-PERPlong | +0.0046% | 1h | 269.53 | long leg | — | — | 10x | |
| tradeXYZ xyz:BE | +0.0050% | 1h | 269.75 | +0.082% | $5.8M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 269.69 | +0.059% | $350K | $54K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 269.73 | +0.073% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 269.73 | +0.074% | $46K | $146K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0492% | 1h | 269.74 | +0.078% | $6K | $4K | 10x | as long as short |
Lighter RH BE
GRVT BE_USDT_Perp
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
SunX BE-USDT
HTX BE-USDT
Coinbase International BE-PERP-INTX
Lighter BE
tradeXYZ xyz:BE
KuCoin BEUSDTM
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL