Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Bitget against Lighter+0.082%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.082%, 7d avg +0.085%
=Together, before fees+0.329%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.342%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter US100 | 30,410 | 0.0032 | pay 0.0004% / 1h | 37m 34s | $3.9M | $94.8M | 30x |
| Short | Bitget NDX100USDT | 30,435 | 0 | get 0.0000% / 8h | 7h 37m | $3.5M | $572K | 50x |
Lighter US100
Bitget NDX100USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$6.72
- Price spread: +0.082% → +0.085%
- −$0.33
- Slippage, 4 orders
- −$33.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.44
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Bitget: live order book, 5 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 Lighter live order book, 7 min ago | 0.16 bp | 0.2 bp $0 | 0.8 bp −$8 | 5.3 bp −$530 | 213.1 bp −$106.5K |
| Sell Bitget live order book, 5 min ago | 2.30 bp | 18.2 bp −$18 | 18.7 bp −$187 | 28.2 bp −$2,823 | 68.7 bp −$34.3K |
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 | −0.0282% | 8h | 30,405.1 | −0.016% | $100K | $39K | 20x | as long as short |
| Gate NAS100_USDT | −0.0200% | 8h | 30,393.5 | −0.054% | $1.9M | $3.2M | 100x | as long as short |
| MEXC NAS100_USDT | −0.0061% | 8h | 30,414 | +0.013% | $22.9M | $21.6M | 200x | as long as short |
| OKX US100-USDT-SWAP | 0.0000% | 8h | 30,438 | +0.092% | $265K | $388K | 20x | as long as short |
| Bitget NDX100USDTshort | 0.0000% | 8h | 30,435 | +0.082% | $3.5M | $572K | 50x | |
| Bullet US100-USD | 0.0000% | 1h | 30,414 | +0.013% | $4K | $91K | 10x | as long as short |
| Phemex NAS100USDT | 0.0000% | 4h | 30,394.7 | −0.050% | $1.4M | $190K | 10x | as long as short |
| QFEX US100-USD | +0.0001% | 1h | 30,414 | +0.013% | $1.2M | $1.5M | 30x | as long as short |
| Lighter US100long | +0.0032% | 1h | 30,410 | long leg | $3.9M | $94.8M | 30x | |
| Extended TECH100m-USD | +0.0032% | 1h | 30,415.2 | +0.017% | $1.9M | $5.2M | 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 | 30,708.1 | +0.980% | — | $205.8M | 50x | as long as short |
| Paradex US100-USD-PERP | +0.0050% | 8h | 30,410.7 | +0.002% | — | — | 5x | as long as short |
| Polymarket Perps NAS100-USD | +0.0050% | 1h | 30,422 | +0.039% | $7.2M | $1.9M | 50x | as long as short |
| Ondo Perps US100-USD.P | +0.0050% | 1h | 30,414 | +0.013% | $6.0M | $9.3M | 25x | as long as short |
| Kraken Futures PF_US100USD | +0.0340% | 1h | 30,439.8 | +0.098% | $141K | $128K | 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