Funding you earn now, next payment 22:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.047%
Price spread now: Gate against Lighter−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$1 a day on $10k at the current rate, and Gate is 0.030% cheaper against Lighter than usual: you would sell low and buy high (−$3 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 DELL | 575.68 | 0.0032 | pay 0.0004% / 1h | 21m 15s | $34K | $12K | 10x |
| Short | Gate DELL_USDT | 575.51 | 0 | get 0.0000% / 8h | 2h 21m | $4.5M | $7.7M | 50x |
Funding 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: −0.030% → 0.000%
- −$2.95
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$24.67
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 2 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, 2 min ago | 3.74 bp | 14.8 bp −$15 | 33.2 bp −$332 | 73.5 bp −$7,350 | 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.
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DELL-USDT | −0.0021% | 8h | 575.58 | −0.017% | $319K | $219K | 20x | as long as short |
| Aster DELLUSDT | 0.0000% | 8h | 575.33 | −0.060% | $21K | $50K | 20x | as long as short |
| Extended DELL-USD | 0.0000% | 1h | 575.67 | −0.001% | $338K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | 0.0000% | 8h | 575.76 | +0.014% | $18.7M | $65.6M | 20x | as long as short |
| Gate DELL_USDTshort | 0.0000% | 8h | 575.51 | −0.030% | $4.5M | $7.7M | 50x | |
| Variational Omni DELL | 0.0000% | 8h | 575.73 | +0.010% | $261K | $82K | — | as long as short |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 575.64 | −0.007% | $1K | $184K | 10x | as long as short |
| Bitget DELLUSDT | +0.0017% | 8h | 575.50 | −0.031% | $3.3M | $4.7M | 20x | as long as short |
| Lighter DELLlong | +0.0032% | 1h | 575.68 | long leg | $34K | $12K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.697% | $8K | $83K | 12x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELL | +0.0057% | 1h | 574.70 | −0.170% | $7.3M | $7.2M | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 575.43 | −0.043% | $942K | $32K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 576.14 | +0.080% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.91 | −0.134% | $18K | $58K | 10x | as long as short |
| Bybit DELLUSDT | +0.0128% | 8h | 575.55 | −0.023% | $5.9M | $3.6M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0287% | 8h | 575.60 | −0.014% | $5.9M | $6.8M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0391% | 1h | 575.39 | −0.050% | $753 | $23K | 10x | as long as short |
| Phoenix DELL | +0.0626% | 1h | 574.78 | −0.156% | $3K | $280K | 10x | as long as short |
| edgeX DELLUSDC | +0.0700% | 4h | 575.57 | −0.019% | $5K | $333K | 10x | as long as short |
| Nado DELL-PERP | +0.0788% | 1h | 574.65 | −0.179% | $70K | $13K | 10x | as long as short |
Lighter DELL
Gate DELL_USDT
BloFin DELL-USDT
Aster DELLUSDT
Extended DELL-USD
Binance DELLUSDT
Variational Omni DELL
GRVT DELL_USDT_Perp
Bitget DELLUSDT
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
KuCoin DELLUSDTM
HTX DELL-USDT
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
Phoenix DELL
edgeX DELLUSDC