Funding you earn now, next payment 09:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h +0.130%
Price spread now: Lighter against Arcus+0.411%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 airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.411% dearer against Arcus than usual: you sell high and buy low (spread +0.411% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus BOT-USD | 29.230 | 0.0040 | pay 0.0005% / 1h | 55m 44s | $3K | $9K | 5x |
| Short | Lighter BOT | 29.350 | −0.0128 | pay 0.0016% / 1h | 55m 44s | $67K | $1K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Arcus. 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
- −$35.34
- Price spread: +0.411% → 0.000%
- $41.05
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.22
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Arcus and 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.
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1800% | 8h | 29.070 | −0.547% | $231K | $219K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.0927% | 1h | 29.050 | −0.616% | $3.0M | $785K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.0914% | 8h | 29.080 | −0.513% | $92K | $431K | 20x | as long as short |
| Binance BOTUSDT | −0.0703% | 8h | 29.080 | −0.515% | $456K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0610% | 8h | 29.060 | −0.581% | $33K | $12K | — | as long as short |
| Lighter BOTshort | −0.0128% | 1h | 29.350 | +0.411% | $67K | $1K | 3x | |
| Bitget BOTUSDT | −0.0093% | 8h | 29.130 | −0.342% | $242K | $131K | 5x | as long as short |
| QFEX BOT-USD | −0.0076% | 1h | 29.060 | −0.582% | $1.1M | $479K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.160 | −0.239% | $518K | $574K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.170 | −0.205% | $250K | $222K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USDlong | +0.0040% | 1h | 29.230 | long leg | $3K | $9K | 5x | |
| HTX BOT-USDT | +0.0100% | 8h | 29.097 | −0.455% | $3K | $35K | 10x | as long as short |
Lighter BOT
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
Bitget BOTUSDT
Bybit BOTUSDT
Gate BOT_USDT
HTX BOT-USDT