Funding you earn now, next payment 08:00 UTC−0.0056%/8h= −6.2% APRpaid last 24h +0.029%
Price spread now: BloFin against Lighter−0.056%90s7-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 −$2 a day on $10k at the current rate, and BloFin is 0.056% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 90 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 IBM | 232.31 | 0.0032 | pay 0.0004% / 1h | 15m 34s | $38K | $49K | 10x |
| Short | BloFin IBM-USDT | 232.18 | −0.0024 | pay 0.0024% / 8h | 15m 34s | $47K | $59K | 20x |
Lighter IBM
BloFin IBM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$11.81
- Price spread: −0.056% → 0.000%
- −$5.6
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.4
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; BloFin: 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 no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Lighter and BloFin: 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.
IBM 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDTshort | −0.0024% | 8h | 232.18 | −0.056% | $47K | $59K | 20x | |
| Aster IBMUSDT | 0.0000% | 8h | 232.11 | −0.086% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.14 | −0.071% | $53K | $311K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.20 | −0.047% | $3.8M | $5.6M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.00 | −0.133% | $1.0M | $352K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.22 | −0.039% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.21 | −0.043% | $750K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.21 | −0.043% | $780K | $350K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.17 | −0.062% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.17 | −0.058% | $539 | $167K | 10x | as long as short |
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_PerpShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 232.08 | −0.099% | $796 | $472K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 232.37 | +0.026% | $6K | $33K | 20x | as long as short |
| Lighter IBMlong | +0.0032% | 1h | 232.31 | long leg | $38K | $49K | 10x | |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.456% | — | $57 | 12x | as long as short |
| QFEX IBM-USD | +0.0043% | 1h | 232.11 | −0.086% | $1.2M | $2.0M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.02 | −0.125% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.94 | −0.159% | $1.8M | $797K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.17 | −0.060% | $195K | $54K | 20x | as long as short |
SunX IBM-USDT
HTX IBM-USDT
Injective IBM/USDC PERP
QFEX IBM-USD
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM