S

Alert

Funding spread now, next payment 18:00 UTC−0.0232%/8h

next payment, per $10,000−$0.29paid, last 24h−2.447%paid, last 3 days−2.993%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter S	0.03846	0.0096	pay 0.0012% / 1h	4m 24s	$161K	$309K	5x
Short	01 Exchange SUSD	0.03840	−0.0136	pay 0.0017% / 1h	4m 24s	$23K	$3K	5x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee 01 ExchangebpOrdersRate

Funding earned: −$48.72
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$55.72
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 26 min ago; 01 Exchange: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.156%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 26 min ago	7.77 bp	23.1 bp −$23	90.1 bp −$901	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

S on 25 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International S-PERP-INTX	−0.2080%	1h	$47K	$10K	25x	as long as short
Kraken Futures PF_SUSD	−0.1668%	1h	$33K	$43K	10x	as long as short
Variational Omni S	−0.1060%	4h	$601K	$119K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0225% / S +0.0214%	1h	$1K	—	100x	as long as short
Aster SUSDT	−0.0214%	4h	$41K	$258K	10x	as long as short
01 Exchange SUSDshort	−0.0136%	1h	$23K	$3K	5x
Orderly PERP_S_USDC	−0.0102%	4h	$102K	$324K	10x	as long as short
Reya SRUSDPERP	−0.0101%	1h	$4	—	15x	as long as short
Deribit S_USDC-PERPETUAL	−0.0009%	1h	$65K	$11K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	$594	—	150x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	$2K	$120K	12x	as long as short
OKX S-USDT-SWAP	+0.0069%	4h	$962K	$11.8M	20x	as long as short
Lighter Slong	+0.0096%	1h	$161K	$309K	5x
Hyperliquid S	+0.0098%	1h	$982K	$1.4M	5x	as long as short
Binance SUSDT	+0.0100%	4h	$5.2M	$38.3M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	$5.5M	$9.1M	50x	as long as short
Gate S_USDT	+0.0100%	4h	$317K	$367K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	$3.5M	$3.5M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	$1.8M	$3.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	$1.2M	$4.6M	50x	as long as short
BingX S-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
Backpack S_USDC_PERP	+0.0100%	1h	$116K	$241K	5x	as long as short
ApeX Omni SUSDT	+0.0100%	1h	$20K	$493K	50x	as long as short
Extended S-USD	+0.0104%	1h	$216K	$944K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	$274K	$259K	75x	as long as short