Funding you earn now, next payment 10:00 UTC−0.1001%/8h= −109.6% APRnext payment −$1.25 per $10,000 · paid last 24h —
Price spread now: Lighter against tradeXYZ+0.746%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 airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.746% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.746% now, against zero (this spread has no 7-day history yet)): +$75 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:QNT | 51.218 | 0.1033 | pay 0.0129% / 1h | 9m 10s | $1.2M | $330K | 10x |
| Short | Lighter QNT | 51.600 | 0.0032 | get 0.0004% / 1h | 9m 10s | — | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- −$210.21
- Price spread: +0.746% → 0.000%
- $74.58
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$153.63
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 1 min ago; Lighter: 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 tradeXYZ live order book, 1 min ago | 7.80 bp | 45.2 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 exchanges
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 QNTshort | +0.0032% | 1h | 51.600 | +0.746% | — | — | 5x | |
| Extended QNT-USD | +0.0096% | 1h | 51.223 | +0.010% | $15K | $215K | 10x | as long as short |
| OKX QNT-USDT-SWAP | +0.0106% | 8h | 51.400 | +0.355% | $780K | $336K | 20x | as long as short |
| tradeXYZ xyz:QNTlong | +0.1033% | 1h | 51.218 | long leg | $1.2M | $330K | 10x | |
| Arcus QNT-USD | +0.4756% | 1h | 51.350 | +0.258% | $2K | $6K | 10x | as long as short |
tradeXYZ xyz:QNT
Lighter QNT
Extended QNT-USD
OKX QNT-USDT-SWAP