Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter+0.170%46s7-day average +0.157% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.170%, 7d avg +0.157%
=Together, before fees+0.048%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.157%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EURUSD | 1.1484 | 0 | get 0.0000% / 1h | 3m 45s | $2.2M | $432K | 50x |
| Short | Vest EUR-USD-PERP | 1.1504 | 0.0046 | get 0.0006% / 1h | 3m 45s | — | $264K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $9.59
- Price spread: +0.170% → +0.157%
- $1.27
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $8.87
- Costs to cover
- 0.020%
- Break-even
- 0.5 days
Slippage unknown: Lighter: live order book, 3 min ago; Vest: 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, 3 min ago | 1.44 bp | 2.3 bp −$2 | 8.6 bp −$86 | 63.3 bp −$6,326 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0152% | 4h | 1.1476 | −0.070% | $6.8M | $136K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0132% | 1h | 1.1472 | −0.104% | $3K | — | 50x | as long as short |
| Lighter EURUSDlong | 0.0000% | 1h | 1.1484 | long leg | $2.2M | $432K | 50x | |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1487 | +0.027% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1477 | −0.061% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1476 | −0.070% | $261K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1471 | −0.113% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1480 | −0.035% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1481 | −0.026% | $12K | $264K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1471 | −0.114% | $6.8M | $1.2M | 100x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.153% | $9K | $78K | 101x | as long as short |
| Vest EUR-USD-PERPshort | +0.0046% | 1h | 1.1504 | +0.170% | — | $264K | 100x | |
| Hibachi EUR/USDT-P | +0.0056% | 1h | 1.1475 | −0.082% | $188K | $8.3M | 30x | as long as short |
| Nado EURUSD-PERP | +0.0061% | 1h | 1.1474 | −0.086% | $468K | $153K | 40x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1477 | −0.061% | $191K | $63K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1482 | −0.021% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0128% | 1h | 1.1480 | −0.035% | $33K | — | 50x | as long as short |
| tradeXYZ xyz:EUR | +0.0143% | 1h | 1.1480 | −0.035% | $23.3M | $1.6M | 50x | as long as short |
Lighter EURUSD
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
tradeXYZ xyz:EUR