Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.008%
Price spread now: Gate against Lighter−0.510%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−0.469%−$47 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 −$1 a day on $10k at the current rate, and Gate is 0.510% cheaper against Lighter than usual: you would sell low and buy high (−$51 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BOT | 29.802 | 0.0032 | pay 0.0004% / 1h | 13m 56s | $68K | $4K | 3x |
| Short | Gate BOT_USDT | 29.650 | 0 | get 0.0000% / 8h | 7h 13m | $258K | $242K | 20x |
Lighter BOT
Gate BOT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$6.72
- Price spread: −0.510% → 0.000%
- −$51
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$72.72
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 53 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 Gate live order book, 53 min ago | 30.71 bp | 130.0 bp −$130 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | −0.9989% | 1h | 29.650 | −0.510% | $3K | $9K | 5x | as long as short |
| KuCoin BOTUSDTM | −0.1931% | 8h | 29.690 | −0.376% | $96K | $298K | 20x | as long as short |
| Binance BOTUSDT | −0.1407% | 8h | 29.690 | −0.376% | $456K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1386% | 8h | 29.685 | −0.391% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.1307% | 8h | 29.680 | −0.409% | $236K | $233K | 20x | as long as short |
| QFEX BOT-USD | −0.0049% | 1h | 29.670 | −0.443% | $1.2M | $517K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.750 | −0.174% | $507K | $358K | 25x | as long as short |
| Gate BOT_USDTshort | 0.0000% | 8h | 29.650 | −0.510% | $258K | $242K | 20x | |
| Bitget BOTUSDT | 0.0000% | 8h | 29.720 | −0.275% | $252K | $139K | 5x | as long as short |
| Lighter BOTlong | +0.0032% | 1h | 29.802 | long leg | $68K | $4K | 3x |
Arcus BOT-USD
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Bybit BOTUSDT
Bitget BOTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BOT-USDT | +0.0100% | 8h | 29.696 | −0.356% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.1924% | 1h | 29.681 | −0.406% | $3.2M | $823K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT