Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.086%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$170.174% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now −0.086%, 7d avg −0.047%
=Together, before fees+0.091%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.038% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BNB | 804.86 | 0.0096 | pay 0.0012% / 1h | 8m 41s | $2.8M | $4.2M | 20x |
| Short | Bitget BNBUSDT | 804.17 | 0.0100 | get 0.0100% / 8h | 2h 08m | $78.9M | $24.8M | 75x |
Lighter BNB
Bitget BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0.84
- Price spread: −0.086% → −0.047%
- −$3.84
- Slippage, 4 orders
- −$5.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$20.43
- Costs to cover
- 0.174%
- Break-even
- 177.2 days
Slippage from Lighter: live order book, 9 min ago; Bitget: live order book, 10 min ago.
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 live order book, 9 min ago | 0.62 bp | 1.9 bp −$2 | 5.2 bp −$52 | 14.6 bp −$1,459 | 64.6 bp −$32.3K |
| Sell Bitget live order book, 10 min ago | 0.06 bp | 6.9 bp −$7 | 7.9 bp −$79 | 13.5 bp −$1,353 | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0195% / S +0.0371% | 1h | 804.66 | −0.025% | $49K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 805.20 | +0.042% | $4K | $1K | 25x | as long as short |
| GRVT BNB_USDT_Perp | 0.0000% | 8h | 805.45 | +0.073% | $3.0M | $29.5M | 10x | as long as short |
| Kalshi KXBNBPERP | 0.0000% | 8h | 805.70 | +0.104% | $114K | $2.5M | 4.8x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 805.12 | +0.032% | $870K | $2.8M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0008% / S −0.0007% | 1h | 804.72 | −0.018% | $9.8M | — | 150x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0038% | 1h | 805.06 | +0.025% | $2.5M | $919K | 50x | as long as short |
| Variational Omni BNB | +0.0049% | 8h | 804.63 | −0.029% | $4.1M | $5.4M | — | as long as short |
| BingX BNB-USDC | +0.0055% | 8h | 804.78 | −0.010% | — | $13.3M | — | as long as short |
| Bybit BNBUSDT | +0.0080% | 8h | 804.40 | −0.057% | $139.6M | $81.7M | 75x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
GRVT BNB_USDT_Perp
Kalshi KXBNBPERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Kraken Futures PF_BNBUSD
Variational Omni BNB
BingX BNB-USDC
Bybit BNBUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International BNB-PERP-INTX | +0.0088% | 1h | 805.15 | +0.036% | $608K | $881K | 50x | as long as short |
| Lighter BNBlong | +0.0096% | 1h | 804.86 | long leg | $2.8M | $4.2M | 20x | |
| Aster BNBUSDT | +0.0098% | 8h | 805.25 | +0.048% | $6.4M | $18.8M | 200x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 804.45 | −0.051% | $1.5M | $2.8M | 20x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 804.83 | −0.004% | $1.2M | $924K | 20x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 804.60 | −0.032% | $55.2M | $116.1M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 805.10 | +0.030% | $53K | $170K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 804.65 | −0.026% | $36.1M | $59.2M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 804.46 | −0.050% | $28.2M | $10.5M | 75x | as long as short |
| Bitget BNBUSDTshort | +0.0100% | 8h | 804.17 | −0.086% | $78.9M | $24.8M | 75x | |
| edgeX BNBUSDC | +0.0100% | 4h | 805.53 | +0.083% | $4.2M | $76.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 805.72 | +0.107% | $159K | $436K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 804.60 | −0.032% | $116K | $873K | 10x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 804.93 | +0.009% | $389K | $592K | 50x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 805.07 | +0.025% | $32K | $5K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 805.29 | +0.054% | $13K | $1.7M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0100% | 1h | 805.45 | +0.073% | $1.6M | $165K | 25x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 804.90 | +0.005% | $8.2M | $7.5M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0100% | 8h | 805.32 | +0.058% | $79K | $19K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 804.23 | −0.079% | $1.9M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 805.16 | +0.037% | $387K | $40K | 10x | as long as short |
| MEXC BNB_USDT | +0.0115% | 8h | 805.40 | +0.067% | $84.5M | $13.7M | 200x | as long as short |
| Binance BNBUSDT | +0.0115% | 8h | 805.36 | +0.063% | $520.3M | $805.8M | 75x | as long as short |
| Phoenix BNB | +0.0125% | 1h | 805.62 | +0.094% | $173K | $35K | 10x | as long as short |
| Phemex BNBUSDT | +0.0135% | 8h | 805.31 | +0.056% | $70.3M | $51.8M | 50x | as long as short |
| SoDEX BNB-USD | +0.0195% | 1h | 805.00 | +0.017% | $396K | $1.0M | 10x | as long as short |
| Hyperliquid BNB | +0.0207% | 1h | 805.18 | +0.040% | $51.8M | $22.0M | 10x | as long as short |
| RISEx BNB/USDC | +0.0209% | 1h | 805.01 | +0.018% | $1.1M | $1.4M | 20x | as long as short |
| BloFin BNB-USDT | +0.0235% | 8h | 805.33 | +0.058% | $18.9M | $3.1M | 75x | as long as short |
| dYdX BNB-USD | +0.0238% | 1h | 804.86 | 0.000% | $170K | $55K | 10x | as long as short |
| Hibachi BNB/USDT-P | +0.0256% | 1h | 805.29 | +0.053% | $71K | $48K | 12x | as long as short |
| Bulk BNB-USD | +0.0258% | 1h | 805.37 | +0.063% | $651K | $14K | 10x | as long as short |
| Reya BNBRUSDPERP | +0.0334% | 1h | 804.42 | −0.054% | $6K | $3K | 40x | as long as short |
| 01 Exchange BNBUSD | +0.0344% | 1h | 805.64 | +0.097% | $28K | $1K | 10x | as long as short |
| Injective BNB/USDC PERP | +0.0353% | 1h | 804.89 | +0.004% | $19K | $627K | 30x | as long as short |
| Backpack BNB_USDC_PERP | +0.0650% | 1h | 805.86 | +0.124% | $3.0M | $5.5M | 40x | as long as short |
Coinbase International BNB-PERP-INTX
Aster BNBUSDT
Nado BNB-PERP
Pacifica BNB
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Orderly PERP_BNB_USDC
Derive BNB-PERP
SunX BNB-USDT
Deribit BNB_USDC-PERPETUAL
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
MEXC BNB_USDT
Binance BNBUSDT
Phoenix BNB
Phemex BNBUSDT
SoDEX BNB-USD
Hyperliquid BNB
RISEx BNB/USDC
BloFin BNB-USDT
dYdX BNB-USD
Hibachi BNB/USDT-P
Bulk BNB-USD
Reya BNBRUSDPERP
01 Exchange BNBUSD
Injective BNB/USDC PERP
Backpack BNB_USDC_PERP