Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: HTX against Lighter+0.553%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−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
The price spread pays, funding is against you. HTX is 0.553% dearer against Lighter than usual: you sell high and buy low (spread +0.553% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 58 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SMIC | 8.2285 | 0.0032 | pay 0.0004% / 1h | 52m 57s | $32K | $419 | 10x |
| Short | HTX SMIC-USDT | 8.2740 | 0 | get 0.0000% / 8h | 1h 52m | $12K | $341K | 20x |
Lighter SMIC
HTX SMIC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.72
- Price spread: +0.553% → 0.000%
- $55.3
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $36.58
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; HTX: live order book, 55 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 HTX live order book, 55 min ago | 119.02 bp | doesn't fit | 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.
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 | +0.383% | $135K | $46K | 20x | as long as short |
| Gate SMIC_USDT | 0.0000% | 8h | 8.3100 | +0.990% | $172K | $26K | 20x | as long as short |
| Bitget SMICUSDT | 0.0000% | 8h | 8.2060 | −0.273% | $393K | $142K | 5x | as long as short |
| HTX SMIC-USDTshort | 0.0000% | 8h | 8.2740 | +0.553% | $12K | $341K | 20x | |
| Lighter SMIClong | +0.0032% | 1h | 8.2285 | long leg | $32K | $419 | 10x |
Bybit SMICUSDT
Gate SMIC_USDT
Bitget SMICUSDT