Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.044%
Price spread now: BloFin against Lighter RH+0.020%91s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.020%, 7d avg +0.008%
=Together, before fees+0.109%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 195.73 | 0.0032 | pay 0.0004% / 1h | 57m 25s | $460K | $1.5M | 10x |
| Short | BloFin COIN-USDT | 195.77 | 0.0120 | get 0.0120% / 8h | 57m 25s | $187K | $435K | 20x |
Lighter RH COIN
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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
- $18.48
- Price spread: +0.020% → +0.008%
- $1.26
- Slippage, 4 orders
- −$16.1
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.37
- Costs to cover
- 0.281%
- Break-even
- 10.2 days
Slippage from Lighter RH: live order book, just now; BloFin: live order book, 23 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 RH live order book, just now | 4.34 bp | 5.5 bp −$6 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 0.76 bp | 8.9 bp −$9 | 16.5 bp −$165 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0522% | 8h | 195.89 | +0.082% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.65 | −0.041% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0072% | 1h | 195.25 | −0.245% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.76 | +0.016% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.76 | +0.013% | $105K | $851K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.92 | +0.099% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.83 | +0.051% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.78 | +0.026% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.79 | +0.031% | $1.2M | $7.3M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.70 | −0.015% | $712K | $975K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.79 | +0.031% | $12K | $2.8M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 195.73 | long leg | $460K | $1.5M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 196.07 | +0.174% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.71 | −0.010% | $15.2M | $13.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.67 | −0.031% | $130K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.72 | −0.005% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.59 | −0.072% | $443K | $2.8M | 10x | as long as short |
| Lighter COIN | +0.0056% | 1h | 195.72 | −0.008% | $364K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.75 | +0.010% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.62 | −0.056% | $986K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.64 | −0.046% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.68 | −0.026% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.72 | −0.004% | $115 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 195.77 | +0.020% | $187K | $435K | 20x | |
| Phoenix COIN | +0.0163% | 1h | 195.86 | +0.066% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0364% | 4h | 195.73 | +0.002% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC