Settings8H · net · $10k
Funding arb · Price arb /

BOT

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Alert: funding
Alert: spread
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: Lighter against QFEX+0.638%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.638% dearer against QFEX than usual: you sell high and buy low: +$64 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX BOT-USD29.480−0.0049get 0.0006% / 1h37m 12s$1.2M$522K10x
ShortLighter BOT29.6680.0032get 0.0004% / 1h37m 12s$68K$4K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.638% → 0.000%
$63.77
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$70.69
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: QFEX: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago52.60 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Lighter no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD−0.9989%1h29.4800.000%$3K$8K5xas long as short
KuCoin BOTUSDTM−0.2011%8h29.490+0.034%$97K$311K20xas long as short
Binance BOTUSDT−0.1636%8h29.487+0.025%$452K$1.2M10xas long as short
Variational Omni BOT−0.1574%8h29.465−0.049%$32K$20Kas long as short
OKX BOT-USDT-SWAP−0.1307%8h29.540+0.204%$237K$228K20xas long as short
QFEX BOT-USDlong−0.0049%1h29.480long leg$1.2M$522K10x
Bybit BOTUSDT0.0000%8h29.520+0.136%$569K$330K25xas long as short
Gate BOT_USDT0.0000%8h29.520+0.136%$251K$227K20xas long as short
Bitget BOTUSDT0.0000%8h29.520+0.136%$251K$129K5xas long as short
Lighter BOTshort+0.0032%1h29.668+0.638%$68K$4K3x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX BOT-USDT+0.0100%8h29.508+0.095%$3K$34K10xas long as short
tradeXYZ xyz:BOT+0.1022%1h29.495+0.051%$3.1M$821K10xas long as short