Funding you earn now, next payment 02:00 UTC+0.1372%/8h= +150.2% APRnext payment +$1.71 per $10,000 · paid last 24h —
Price spread now: tradeXYZ against Lighter+1.135%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 · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and tradeXYZ is 1.135% dearer against Lighter than usual: you sell high and buy low: +$113 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 | 51.370 | 0.0032 | pay 0.0004% / 1h | 57m 35s | — | — | 5x |
| Short | tradeXYZ xyz:QNT | 51.953 | 0.1404 | get 0.0175% / 1h | 57m 35s | $1.2M | $338K | 10x |
Lighter QNT
tradeXYZ xyz:QNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $288.05
- Price spread: +1.135% → 0.000%
- $113.49
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $383.54
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago | 5.67 bp | 32.9 bp −$33 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter QNTlong | +0.0032% | 1h | 51.370 | long leg | — | — | 5x | |
| Arcus QNT-USD | +0.0040% | 1h | 52.020 | +1.265% | $3K | $4K | 10x | as long as short |
| OKX QNT-USDT-SWAP | +0.1217% | 8h | 52.140 | +1.499% | $752K | $304K | 20x | as long as short |
| tradeXYZ xyz:QNTshort | +0.1404% | 1h | 51.953 | +1.135% | $1.2M | $338K | 10x | |
| Extended QNT-USD | +0.2264% | 1h | 51.948 | +1.126% | $11K | $158K | 10x | as long as short |
Arcus QNT-USD
OKX QNT-USDT-SWAP
Extended QNT-USD