Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against HTX−0.437%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.437% cheaper against HTX than usual: you would sell low and buy high (spread −0.437% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$44 on $10k: about 46 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SMIC-USDT | 8.2600 | 0 | get 0.0000% / 8h | 7h 44m | $12K | $341K | 20x |
| Short | Lighter SMIC | 8.2239 | 0.0032 | get 0.0004% / 1h | 44m 07s | $32K | $419 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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
- $6.72
- Price spread: −0.437% → 0.000%
- −$43.7
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$48.98
- Costs to cover
- 0.120%
- Break-even
- 58.0 days
Slippage unknown: HTX: live order book, 53 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 HTX live order book, 53 min ago | 38.76 bp | doesn't fit | 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.
SMIC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SMICUSDT | 0.0000% | 8h | 8.2600 | 0.000% | $136K | $45K | 20x | as long as short |
| Gate SMIC_USDT | 0.0000% | 8h | 8.3070 | +0.569% | $172K | $26K | 20x | as long as short |
| Bitget SMICUSDT | 0.0000% | 8h | 8.1920 | −0.823% | $385K | $144K | 5x | as long as short |
| HTX SMIC-USDTlong | 0.0000% | 8h | 8.2600 | long leg | $12K | $341K | 20x | |
| Lighter SMICshort | +0.0032% | 1h | 8.2239 | −0.437% | $32K | $419 | 10x |
HTX SMIC-USDT
Lighter SMIC
Bybit SMICUSDT
Gate SMIC_USDT
Bitget SMICUSDT