Funding you earn now, next payment 10:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.026%
Price spread now: Lighter RH against Bitget−0.169%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.169% cheaper against Bitget than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SGOVUSDT | 100.63 | 0 | get 0.0000% / 8h | 6h 58m | $9K | $6K | 20x |
| Short | Lighter RH SGOV | 100.46 | −0.0104 | pay 0.0013% / 1h | 58m 20s | $674K | $686K | 10x |
Bitget SGOVUSDT
Lighter RH SGOVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$21.84
- Price spread: −0.169% → 0.000%
- −$16.89
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$50.73
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: no order-book sample; Lighter RH: live order book, 19 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 Bitget no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 19 min ago | 2.49 bp | 2.5 bp −$2 | 35.4 bp −$354 | doesn't fit | doesn't fit |
Bitget: 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.
SGOV on 2 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 RH SGOVshort | −0.0104% | 1h | 100.46 | −0.169% | $674K | $686K | 10x | |
| Bitget SGOVUSDTlong | 0.0000% | 8h | 100.63 | long leg | $9K | $6K | 20x |