Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.016%
Price spread now: BingX against Lighter−0.075%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days−0.176%−$18 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.075% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it 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 ETHFI | 0.6952 | 0.0096 | pay 0.0012% / 1h | 3m 34s | $1.1M | $832K | 5x |
| Short | BingX ETHFI-USDT | 0.6947 | 0.0100 | get 0.0050% / 4h | 1h 03m | — | $10.9M | — |
Lighter ETHFI
BingX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.075% → 0.000%
- −$7.48
- Slippage, 4 orders
- −$67.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$84.01
- Costs to cover
- 0.774%
- Break-even
- 707.1 days
Slippage from Lighter: live order book, 2 min ago; BingX: live order book, 5 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, 2 min ago | 8.83 bp | 36.5 bp −$37 | 118.4 bp −$1,184 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.44 bp | 6.4 bp −$6 | 10.1 bp −$101 | 22.0 bp −$2,203 | 49.8 bp −$24.9K |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0613% | 1h | 0.6945 | −0.104% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0409% | 4h | 0.6947 | −0.075% | $82K | $174K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0280% | 4h | 0.6941 | −0.161% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0128% | 4h | 0.6968 | +0.231% | $917K | $785K | — | as long as short |
| Binance ETHFIUSDT | −0.0014% | 4h | 0.6943 | −0.135% | $24.1M | $36.4M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0011% | 8h | 0.6941 | −0.156% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | −0.0010% | 4h | 0.6946 | −0.089% | $15.8M | $4.2M | 125x | as long as short |
| Extended ETHFI-USD | −0.0008% | 1h | 0.6941 | −0.161% | $95K | $505K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.140% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0052% | 4h | 0.6946 | −0.089% | $17.2M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
Binance ETHFIUSDT
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6940 | −0.175% | $8K | — | 3x | as long as short |
| Lighter ETHFIlong | +0.0096% | 1h | 0.6952 | long leg | $1.1M | $832K | 5x | |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6952 | 0.000% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6953 | +0.017% | $178K | $263K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6946 | −0.089% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6953 | +0.012% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6953 | +0.012% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6946 | −0.089% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDTshort | +0.0100% | 4h | 0.6947 | −0.075% | — | $10.9M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6949 | −0.052% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6943 | −0.132% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0229% | 4h | 0.6955 | +0.040% | $1.2M | $240K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.371% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1691% | 1h | 0.6959 | +0.096% | $290K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD