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

BOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.130%
Price spread now: Lighter against tradeXYZ+0.679%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 7 days−0.123%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.679% dearer against tradeXYZ than usual: you sell high and buy low: +$68 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:BOT29.449−0.0001get 0.0000% / 1h12m 51s$3.1M$792K10x
ShortLighter BOT29.6490.0032get 0.0004% / 1h12m 51s$68K$1K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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
$6.88
Price spread: +0.679% → 0.000%
$67.91
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
$56.79
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: tradeXYZ: 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 tradeXYZ live order book, 4 min ago2.38 bp75.9 bp −$76doesn'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
KuCoin BOTUSDTM−0.1102%8h29.500+0.173%$96K$280K20xas long as short
Binance BOTUSDT−0.0805%8h29.503+0.182%$450K$1.2M10xas long as short
Variational Omni BOT−0.0763%8h29.525+0.258%$31K$21Kas long as short
OKX BOT-USDT-SWAP−0.0630%8h29.500+0.173%$235K$222K20xas long as short
QFEX BOT-USD−0.0024%1h29.490+0.139%$1.2M$529K10xas long as short
tradeXYZ xyz:BOTlong−0.0001%1h29.449long leg$3.1M$792K10x
Bybit BOTUSDT0.0000%8h29.480+0.105%$511K$555K25xas long as short
Gate BOT_USDT0.0000%8h29.530+0.275%$255K$238K20xas long as short
Bitget BOTUSDT0.0000%8h29.520+0.241%$247K$119K5xas long as short
Lighter BOTshort+0.0032%1h29.649+0.679%$68K$1K3x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD+0.0040%1h29.440−0.031%$3K$9K5xas long as short
HTX BOT-USDT+0.0100%8h29.554+0.357%$3K$34K10xas long as short