Funding you earn now, next payment 08:00 UTC+0.0392%/8h= +42.9% APRnext payment +$0.49 per $10,000 · paid last 24h —
Price spread now: Extended against Lighter+0.221%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.221% dearer against Lighter than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QNT | 51.333 | 0.0032 | pay 0.0004% / 1h | 18m 52s | — | — | 5x |
| Short | Extended QNT-USD | 51.447 | 0.0424 | get 0.0053% / 1h | 18m 52s | $15K | $229K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $82.32
- Price spread: +0.221% → 0.000%
- $22.13
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $99.45
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Extended: live order book, 17 min ago. 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 Extended live order book, 17 min ago | 11.39 bp | 60.0 bp −$60 | 442.2 bp −$4,422 | doesn't fit | doesn't fit |
Lighter: 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.
QNT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:QNT | −0.0452% | 1h | 51.442 | +0.212% | $1.2M | $336K | 10x | as long as short |
| OKX QNT-USDT-SWAP | 0.0000% | 8h | 51.560 | +0.442% | $776K | $320K | 20x | as long as short |
| Lighter QNTlong | +0.0032% | 1h | 51.333 | long leg | — | — | 5x | |
| Arcus QNT-USD | +0.0040% | 1h | 51.430 | +0.189% | $2K | $6K | 10x | as long as short |
| Extended QNT-USDshort | +0.0424% | 1h | 51.447 | +0.221% | $15K | $229K | 10x |
Lighter QNT
Extended QNT-USD
tradeXYZ xyz:QNT
OKX QNT-USDT-SWAP