Funding you earn now, next payment 01:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.052%
Price spread now: QFEX against Lighter−0.634%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and QFEX is 0.634% cheaper against Lighter than usual: you would sell low and buy high (−$63 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 | 29.668 | 0.0032 | pay 0.0004% / 1h | 37m 16s | $68K | $4K | 3x |
| Short | QFEX BOT-USD | 29.480 | −0.0049 | pay 0.0006% / 1h | 37m 16s | $1.2M | $522K | 10x |
Lighter BOT
QFEX BOT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$16.92
- Price spread: −0.634% → 0.000%
- −$63.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$90.29
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; QFEX: live order book, 4 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 QFEX live order book, 4 min ago | 52.60 bp | doesn't fit | 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 | 29.480 | −0.634% | $3K | $8K | 5x | as long as short |
| KuCoin BOTUSDTM | −0.2011% | 8h | 29.490 | −0.600% | $97K | $312K | 20x | as long as short |
| Binance BOTUSDT | −0.1636% | 8h | 29.486 | −0.615% | $452K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.1574% | 8h | 29.465 | −0.683% | $32K | $20K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.1307% | 8h | 29.540 | −0.431% | $237K | $228K | 20x | as long as short |
| QFEX BOT-USDshort | −0.0049% | 1h | 29.480 | −0.634% | $1.2M | $522K | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.520 | −0.499% | $569K | $330K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.520 | −0.499% | $251K | $227K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.510 | −0.533% | $251K | $129K | 5x | as long as short |
| Lighter BOTlong | +0.0032% | 1h | 29.668 | long leg | $68K | $4K | 3x |
Arcus BOT-USD
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
OKX BOT-USDT-SWAP
Bybit BOTUSDT
Gate BOT_USDT
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 | 29.508 | −0.539% | $3K | $34K | 10x | as long as short |
| tradeXYZ xyz:BOT | +0.1019% | 1h | 29.495 | −0.583% | $3.1M | $821K | 10x | as long as short |
HTX BOT-USDT
tradeXYZ xyz:BOT