Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Bitget+0.049%7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 7 days−0.156%−$16 · spread now +0.049%, 7d avg −0.091%
=Together, before fees−0.498%+ Points / potential airdropLighter: Season 3 · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.140% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.342%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NDX100USDT | 30,555 | 0 | get 0.0000% / 8h | 7h 35m | $3.5M | $668K | 50x |
| Short | Lighter US100 | 30,570 | 0.0032 | get 0.0004% / 1h | 35m 13s | $3.8M | $93.3M | 30x |
Bitget NDX100USDT
Lighter US100Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: +0.049% → −0.091%
- $14.02
- Slippage, 4 orders
- −$15.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.72
- Costs to cover
- 0.275%
- Break-even
- 14.0 days
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 4 min ago.
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 Bitget live order book, 3 min ago | 1.80 bp | 10.9 bp −$11 | 29.9 bp −$299 | 42.3 bp −$4,231 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.16 bp | 0.2 bp $0 | 0.8 bp −$8 | 9.9 bp −$990 | 233.0 bp −$116.5K |
NAS100 on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_NAS100_USDC | −0.0215% | 8h | 30,563.8 | +0.029% | $102K | $38K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,518.8 | −0.119% | $1.8M | $3.6M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0093% | 8h | 30,575 | +0.065% | $22.6M | $19.4M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,547 | −0.026% | $261K | $357K | 20x | as long as short |
| Bitget NDX100USDTlong | 0.0000% | 8h | 30,555 | long leg | $3.5M | $668K | 50x | |
| Bullet US100-USD | 0.0000% | 1h | 30,576.2 | +0.069% | $3K | $90K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,480.4 | −0.244% | $1.4M | $171K | 10x | as long as short |
| QFEX US100-USD | +0.0002% | 1h | 30,577 | +0.072% | $1.4M | $977K | 30x | as long as short |
| Lighter US100short | +0.0032% | 1h | 30,570 | +0.049% | $3.8M | $93.3M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,575.3 | +0.066% | $2.1M | $5.5M | 20x | as long as short |
Orderly PERP_NAS100_USDC
Gate NAS100_USDT
MEXC NAS100_USDT
OKX US100-USDT-SWAP
Bullet US100-USD
Phemex NAS100USDT
QFEX US100-USD
Extended TECH100m-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NDX-USD-PERP | +0.0046% | 1h | 30,859.5 | +0.997% | — | $194.7M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,569.9 | +0.049% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,574 | +0.062% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0178% | 1h | 30,590 | +0.115% | $6.0M | $8.8M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.2933% | 1h | 30,645 | +0.295% | $127K | $125K | 20x | as long as short |
Vest NDX-USD-PERP
Paradex US100-USD-PERP
Polymarket Perps NAS100-USD
Ondo Perps US100-USD.P
Kraken Futures PF_US100USD