Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against tradeXYZ+0.151%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.151% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.151% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DELL | 575.97 | 0.0050 | pay 0.0006% / 1h | 23m 16s | $7.5M | $7.0M | 10x |
| Short | Lighter DELL | 576.84 | 0.0032 | get 0.0004% / 1h | 23m 16s | $34K | $12K | 10x |
tradeXYZ xyz:DELL
Lighter DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- −$3.78
- Price spread: +0.151% → 0.000%
- $15.1
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.68
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.
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 tradeXYZ live order book, 4 min ago | 1.04 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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.
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 576.19 | +0.039% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.55 | +0.101% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.53 | +0.097% | $3.6M | $4.6M | 20x | as long as short |
| Bybit DELLUSDT | +0.0009% | 8h | 576.28 | +0.054% | $6.1M | $3.9M | 50x | as long as short |
| Lighter DELLshort | +0.0032% | 1h | 576.84 | +0.151% | $34K | $12K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.747% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0050% | 1h | 575.97 | long leg | $7.5M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.33 | +0.063% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.11 | +0.024% | $944K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.04 | +0.186% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Bybit DELLUSDT
Injective DELL/USDC PERP
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 576.37 | +0.069% | $17K | $58K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0498% | 8h | 576.71 | +0.128% | $5.8M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0530% | 8h | 576.37 | +0.070% | $263K | $86K | — | as long as short |
| GRVT DELL_USDT_Perp | +0.0567% | 8h | 576.36 | +0.068% | $1K | $152K | 10x | as long as short |
| edgeX DELLUSDC | +0.0586% | 4h | 576.37 | +0.069% | $5K | $333K | 10x | as long as short |
| Binance DELLUSDT | +0.0629% | 8h | 576.84 | +0.151% | $18.7M | $65.0M | 20x | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 576.66 | +0.120% | $339K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0653% | 8h | 576.49 | +0.090% | $275K | $220K | 20x | as long as short |
| Nado DELL-PERP | +0.0655% | 1h | 576.15 | +0.031% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.0723% | 1h | 576.44 | +0.082% | $3K | $258K | 10x | as long as short |
HTX DELL-USDT
OKX DELL-USDT-SWAP
Variational Omni DELL
GRVT DELL_USDT_Perp
edgeX DELLUSDC
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT
Nado DELL-PERP
Phoenix DELL