Funding you earn now, next payment 10:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h +0.126%
Price spread now: Lighter against Binance+0.348%7-day average +0.249% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days+0.456%+$46 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.348%, 7d avg +0.249%
=Together, before fees+0.332%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 0.099% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.249%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FFUSDT | 0.1270 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $43.0M | $14.1M | 20x |
| Short | Lighter FF | 0.1275 | 0.0736 | get 0.0092% / 1h | 18m 51s | $135K | $25K | 3x |
Binance FFUSDT
Lighter FFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $133.56
- Price spread: +0.348% → +0.249%
- $9.89
- Slippage, 4 orders
- −$66.79
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $66.67
- Costs to cover
- 0.768%
- Break-even
- 3.5 days
Slippage from Binance: live order book, 1 min ago; Lighter: live order book, 26 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 Binance live order book, 1 min ago | 0.39 bp | 15.4 bp −$15 | 53.2 bp −$532 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 5.87 bp | 14.1 bp −$14 | 99.1 bp −$991 | doesn't fit | doesn't fit |
FF on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster FFUSDT | +0.0100% | 4h | 0.1272 | +0.143% | $1.2M | $31K | 5x | as long as short |
| Binance FFUSDTlong | +0.0100% | 4h | 0.1270 | long leg | $43.0M | $14.1M | 20x | |
| Bybit FFUSDT | +0.0100% | 4h | 0.1270 | +0.017% | $14.4M | $3.8M | 20x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1272 | +0.143% | $26.8M | $1.1M | 50x | as long as short |
| MEXC FF_USDT | +0.0100% | 4h | 0.1270 | +0.017% | $10.1M | $637K | 50x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1271 | +0.064% | $18.5M | $786K | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1270 | +0.009% | — | $6.6M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1267 | −0.251% | $2K | $921K | 20x | as long as short |
| KuCoin FFUSDTM | +0.0130% | 4h | 0.1274 | +0.332% | $8.5M | $3.7M | 20x | as long as short |
| BloFin FF-USDT | +0.0148% | 4h | 0.1270 | +0.009% | $2.3M | $141K | 20x | as long as short |
Aster FFUSDT
Bybit FFUSDT
Gate FF_USDT
MEXC FF_USDT
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDT
KuCoin FFUSDTM
BloFin FF-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FFshort | +0.0736% | 1h | 0.1275 | +0.348% | $135K | $25K | 3x |