Funding you earn now, next payment 10:00 UTC+0.0249%/8h= +27.3% APRnext payment +$0.31 per $10,000 · paid last 24h −0.007%
Price spread now: Lighter against tradeXYZ+0.102%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no 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 +$7 a day on $10k at the current rate, and Lighter is 0.102% dearer against tradeXYZ than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DELL | 571.26 | −0.0217 | get 0.0027% / 1h | 55m 16s | $7.5M | $6.8M | 10x |
| Short | Lighter DELL | 571.84 | 0.0032 | get 0.0004% / 1h | 55m 16s | $34K | $12K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $52.3
- Price spread: +0.102% → 0.000%
- $10.15
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $44.46
- Costs to cover
- 0.180%
- Break-even
- 1.1 days
Slippage unknown: tradeXYZ: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 3 min ago | 1.13 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn'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.
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELLlong | −0.0217% | 1h | 571.26 | long leg | $7.5M | $6.8M | 10x | |
| Aster DELLUSDT | 0.0000% | 8h | 571.76 | +0.088% | $20K | $49K | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 571.83 | +0.100% | $6.1M | $4.0M | 50x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 571.87 | +0.107% | $4.0M | $6.5M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 571.73 | +0.082% | $3.7M | $4.6M | 20x | as long as short |
| GRVT DELL_USDT_Perp | 0.0000% | 8h | 573.14 | +0.329% | $630 | $135K | 10x | as long as short |
| Lighter DELLshort | +0.0032% | 1h | 571.84 | +0.102% | $34K | $12K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | +0.072% | $8K | $83K | 12x | as long as short |
| OKX DELL-USDT-SWAP | +0.0034% | 8h | 571.71 | +0.079% | $5.8M | $6.7M | 20x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 571.36 | +0.018% | $7K | $55K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELL | +0.0078% | 8h | 572.83 | +0.275% | $258K | $61K | — | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 571.64 | +0.067% | $936K | $115K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 572.30 | +0.182% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.16 | +0.508% | $18K | $58K | 10x | as long as short |
| Extended DELL-USD | +0.0176% | 1h | 571.63 | +0.065% | $331K | $2.6M | 10x | as long as short |
| Binance DELLUSDT | +0.0177% | 8h | 571.80 | +0.095% | $18.2M | $66.8M | 20x | as long as short |
| BloFin DELL-USDT | +0.0194% | 8h | 573.47 | +0.387% | $324K | $236K | 20x | as long as short |
| Nado DELL-PERP | +0.0395% | 1h | 571.81 | +0.097% | $69K | $20K | 10x | as long as short |
| edgeX DELLUSDC | +0.0396% | 4h | 573.29 | +0.355% | $5K | $333K | 10x | as long as short |
| Phoenix DELL | +0.0810% | 1h | 573.17 | +0.334% | $3K | $228K | 10x | as long as short |
tradeXYZ xyz:DELL
Lighter DELL
Aster DELLUSDT
Bybit DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
GRVT DELL_USDT_Perp
Injective DELL/USDC PERP
OKX DELL-USDT-SWAP
Polymarket Perps DELL-USD
Variational Omni DELL
KuCoin DELLUSDTM
HTX DELL-USDT
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
edgeX DELLUSDC
Phoenix DELL