Funding you earn now, next payment 05:00 UTC−0.0771%/8h= −84.4% APRpaid last 24h −0.300%
Price spread now: Binance against Lighter−0.593%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.199%+$20 on $10k
+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 against this trade now: funding costs −$23 a day on $10k at the current rate, and Binance is 0.593% cheaper against Lighter than usual: you would sell low and buy high (−$59 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.199% in total (about 10.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BOT | 29.627 | 0.0032 | pay 0.0004% / 1h | 57m 36s | $68K | $1K | 3x |
| Short | Binance BOTUSDT | 29.451 | −0.0739 | pay 0.0739% / 8h | 3h 57m | $449K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- −$161.83
- Price spread: −0.593% → 0.000%
- −$59.32
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$231.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 5 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 3.40 bp | 42.3 bp −$42 | 300.1 bp −$3,001 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | −0.1443% | 1h | 29.438 | −0.638% | $3.1M | $775K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.1073% | 8h | 29.460 | −0.564% | $95K | $283K | 20x | as long as short |
| OKX BOT-USDT-SWAP | −0.0843% | 8h | 29.480 | −0.496% | $235K | $218K | 20x | as long as short |
| Binance BOTUSDTshort | −0.0739% | 8h | 29.451 | −0.593% | $449K | $1.2M | 10x | |
| Variational Omni BOT | −0.0679% | 8h | 29.445 | −0.615% | $31K | $19K | — | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.470 | −0.530% | $1.2M | $518K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.430 | −0.665% | $510K | $555K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.470 | −0.530% | $255K | $233K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.550 | −0.260% | $247K | $119K | 5x | as long as short |
| Lighter BOTlong | +0.0032% | 1h | 29.627 | long leg | $68K | $1K | 3x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.410 | −0.732% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.488 | −0.469% | $3K | $34K | 10x | as long as short |
Lighter BOT
Binance BOTUSDT
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
OKX BOT-USDT-SWAP
Variational Omni BOT
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDT
HTX BOT-USDT