Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.041%
Price spread now: Lighter RH against Bitget−0.056%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.318% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now −0.056%, 7d avg −0.067%
=Together, before fees−0.004%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 197.89 | 0 | get 0.0000% / 8h | 6h 58m | $6.5M | $10.0M | 20x |
| Short | Lighter RH COIN | 197.78 | 0.0032 | get 0.0004% / 1h | 58m 34s | $472K | $1.2M | 10x |
Bitget COINUSDT
Lighter RH COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bitget. 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: −0.056% → −0.067%
- $1.13
- Slippage, 4 orders
- −$19.84
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$23.98
- Costs to cover
- 0.318%
- Break-even
- 32.0 days
Slippage from Bitget: live order book, 5 min ago; Lighter RH: live order book, 4 min ago.
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 Bitget live order book, 5 min ago | 1.76 bp | 10.6 bp −$11 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.77 bp | 6.2 bp −$6 | 10.5 bp −$105 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.50 | −0.197% | $17K | $224K | 30x | as long as short |
| Ondo Perps COIN-USD.P | −0.0189% | 1h | 197.95 | +0.030% | $381K | $2.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | −0.0054% | 1h | 197.94 | +0.025% | $14.9M | $12.2M | 10x | as long as short |
| Vest COIN-USD-PERP | −0.0022% | 1h | 197.93 | +0.020% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.93 | +0.019% | $345K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.88 | −0.005% | $4.7M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.90 | +0.005% | $3.1M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.85 | −0.020% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDTlong | 0.0000% | 8h | 197.89 | long leg | $6.5M | $10.0M | 20x | |
| Variational Omni COIN | 0.0000% | 8h | 197.99 | +0.050% | $672K | $831K | — | as long as short |
Injective COIN/USDC PERP
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.26 | +0.187% | $14K | $3.0M | 10x | as long as short |
| Binance COINUSDT | +0.0031% | 8h | 197.83 | −0.030% | $14.6M | $79.4M | 20x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.77 | −0.062% | $362K | $2.0M | 10x | as long as short |
| Lighter RH COINshort | +0.0032% | 1h | 197.78 | −0.056% | $472K | $1.2M | 10x | |
| Extended COIN_24_5-USD | +0.0032% | 1h | 197.76 | −0.066% | $105K | $846K | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.00 | +0.056% | $17K | $37K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 197.78 | −0.056% | $1.3M | $2.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.94 | +0.025% | $138K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.89 | 0.000% | $74 | $3K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.84 | −0.025% | $933K | $226K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.00 | +0.056% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.90 | +0.005% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.92 | +0.016% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0132% | 8h | 197.86 | −0.015% | $189K | $489K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.21 | +0.162% | $5K | $253K | 10x | as long as short |
| edgeX COINUSDC | +0.0285% | 4h | 198.19 | +0.153% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
Binance COINUSDT
Lighter COIN
Extended COIN_24_5-USD
Arcus COIN-USD
QFEX COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC