Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.014%
Price spread now: Lighter against Bitget−0.033%7-day average +0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$170.172% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.033%, 7d avg +0.155%
=Together, before fees+0.153%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.188% cheaper against Bitget than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.155%). If the spread goes back, that is −$19 on $10k: about 7.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.036% in total) that is about 37 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EURUSDUSDT | 1.1470 | 0 | get 0.0000% / 8h | 9m 07s | $263K | $25K | 100x |
| Short | Lighter EURUSD | 1.1466 | 0.0088 | get 0.0011% / 1h | 9m 07s | $2.1M | $480K | 50x |
Bitget EURUSDUSDT
Lighter EURUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: −0.033% → +0.155%
- −$18.83
- Slippage, 4 orders
- −$5.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.54
- Costs to cover
- 0.172%
- Break-even
- 13.6 days
Slippage from Bitget: live order book, 21 min ago; Lighter: live order book, 3 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 Bitget live order book, 21 min ago | 0.44 bp | 6.7 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.52 bp | 3.5 bp −$3 | 9.8 bp −$98 | 41.9 bp −$4,188 | doesn't fit |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0176% | 4h | 1.1460 | −0.087% | $6.8M | $139K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1456 | −0.121% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1474 | +0.038% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1468 | −0.017% | $143K | $5K | 100x | as long as short |
| Bitget EURUSDUSDTlong | 0.0000% | 8h | 1.1470 | long leg | $263K | $25K | 100x | |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1455 | −0.131% | $246K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1465 | −0.044% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1465 | −0.044% | $12K | $272K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1455 | −0.132% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.031% | $9K | $78K | 101x | as long as short |
MEXC EUR_USDT
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1488 | +0.157% | — | $241K | 100x | as long as short |
| Nado EURUSD-PERP | +0.0046% | 1h | 1.1459 | −0.098% | $466K | $159K | 40x | as long as short |
| Lighter EURUSDshort | +0.0088% | 1h | 1.1466 | −0.033% | $2.1M | $480K | 50x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1456 | −0.120% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1462 | −0.069% | $12K | — | 10x | as long as short |
| Hibachi EUR/USDT-P | +0.0224% | 1h | 1.1459 | −0.092% | $164K | $8.4M | 30x | as long as short |
| tradeXYZ xyz:EUR | +0.0224% | 1h | 1.1464 | −0.052% | $23.2M | $1.7M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0232% | 1h | 1.1466 | −0.035% | $33K | — | 50x | as long as short |
Vest EUR-USD-PERP
Nado EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hibachi EUR/USDT-P
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP