Funding you earn now, next payment 10:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.017%
Price spread now: Hotstuff against Lighter+0.011%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EURUSD | 1.1463 | 0 | get 0.0000% / 1h | 58m 06s | $2.1M | $512K | 50x |
| Short | Hotstuff EURUSD-PERP | 1.1464 | 0.0168 | get 0.0021% / 1h | 58m 06s | $33K | — | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- $35.28
- Price spread: +0.011% → 0.000%
- $1.13
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $31.41
- Costs to cover
- 0.050%
- Break-even
- 0.8 days
Slippage unknown: Lighter: live order book, 4 min ago; Hotstuff: 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 Lighter live order book, 4 min ago | 0.79 bp | 3.2 bp −$3 | 12.9 bp −$129 | 70.1 bp −$7,015 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0142% | 4h | 1.1456 | −0.058% | $6.8M | $140K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0140% | 1h | 1.1452 | −0.093% | $3K | — | 50x | as long as short |
| Lighter EURUSDlong | 0.0000% | 1h | 1.1463 | long leg | $2.1M | $512K | 50x | |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1455 | −0.067% | $246K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1460 | −0.024% | — | $2.1M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1461 | −0.015% | $12K | $274K | 20x | as long as short |
| Nado EURUSD-PERP | +0.0003% | 1h | 1.1460 | −0.027% | $191K | $301K | 40x | as long as short |
| Gate EURUSD_USDT | +0.0017% | 8h | 1.1463 | +0.003% | $144K | $3K | 100x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1455 | −0.069% | $6.8M | $1.4M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.032% | $9K | $78K | 101x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1487 | +0.216% | — | $225K | 100x | as long as short |
| Bitget EURUSDUSDT | +0.0071% | 8h | 1.1472 | +0.081% | $263K | $27K | 100x | as long as short |
| tradeXYZ xyz:EUR | +0.0078% | 1h | 1.1461 | −0.015% | $23.1M | $1.9M | 50x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1455 | −0.063% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1461 | −0.015% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERPshort | +0.0168% | 1h | 1.1464 | +0.011% | $33K | — | 50x | |
| Hibachi EUR/USDT-P | +0.0432% | 1h | 1.1464 | +0.014% | $155K | $8.4M | 30x | as long as short |
| Bybit EURUSDUSDT | +0.0589% | 8h | 1.1470 | +0.063% | $606K | $325K | 100x | as long as short |
Lighter EURUSD
MEXC EUR_USDT
Kraken Futures PF_EURUSD
SunX EURUSD-USDT
HTX EURUSD-USDT
Gate EURUSD_USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Bitget EURUSDUSDT
tradeXYZ xyz:EUR
Pacifica EURUSD
Bybit EURUSDUSDT