Funding you earn now, next payment 00:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.021%
Price spread now: Bitget against Lighter RH+0.159%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.159% dearer against Lighter RH than usual: you sell high and buy low: +$16 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 RH SGOV | 100.45 | −0.0040 | get 0.0005% / 1h | 24m 43s | $654K | $1.0M | 10x |
| Short | Bitget SGOVUSDT | 100.61 | 0 | get 0.0000% / 8h | 24m 43s | $9K | $3K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter RH. 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
- $8.4
- Price spread: +0.159% → 0.000%
- $15.93
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $12.33
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 3 min ago; Bitget: 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 Lighter RH live order book, 3 min ago | 2.99 bp | 3.2 bp −$3 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell Bitget no order-book sample | — | — | — | — | — |
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 SGOVlong | −0.0040% | 1h | 100.45 | long leg | $654K | $1.0M | 10x | |
| Bitget SGOVUSDTshort | 0.0000% | 8h | 100.61 | +0.159% | $9K | $3K | 20x |
Lighter RH SGOV
Bitget SGOVUSDT