Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.014%
Price spread now: Bitget against Lighter+0.043%7-day average −0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs+$3as 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)−0.127%−$13 · spread now +0.043%, 7d avg −0.155%
=Together, before fees−0.163%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.198% dearer against Lighter than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.155%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.5 days. At the pace of the last 7 days (−0.036% in total) that is about 39 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EURUSD | 1.1467 | 0.0088 | pay 0.0011% / 1h | 9m 56s | $2.1M | $471K | 50x |
| Short | Bitget EURUSDUSDT | 1.1472 | 0 | get 0.0000% / 8h | 9m 56s | $263K | $25K | 100x |
Lighter EURUSD
Bitget EURUSDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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: +0.043% → −0.155%
- $19.79
- Slippage, 4 orders
- −$5.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$15.88
- Costs to cover
- 0.172%
- Break-even
- from the start
Slippage from Lighter: live order book, 2 min ago; Bitget: live order book, 20 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 live order book, 2 min ago | 0.52 bp | 0.5 bp −$1 | 9.3 bp −$93 | 67.1 bp −$6,709 | doesn't fit |
| Sell Bitget live order book, 20 min ago | 0.44 bp | 6.4 bp −$6 | 8.9 bp −$89 | doesn't fit | 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 | −0.0186% | 4h | 1.1460 | −0.062% | $6.8M | $139K | 100x | as long as short |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1457 | −0.085% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1475 | +0.065% | $579K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1469 | +0.017% | $143K | $5K | 100x | as long as short |
| Bitget EURUSDUSDTshort | 0.0000% | 8h | 1.1472 | +0.043% | $263K | $25K | 100x | |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1456 | −0.097% | $247K | $122K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1466 | −0.010% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1468 | +0.008% | $13K | $272K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1456 | −0.097% | $6.8M | $1.3M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.006% | $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 | +0.186% | — | $241K | 100x | as long as short |
| Nado EURUSD-PERP | +0.0046% | 1h | 1.1459 | −0.073% | $466K | $159K | 40x | as long as short |
| Lighter EURUSDlong | +0.0088% | 1h | 1.1467 | long leg | $2.1M | $471K | 50x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1458 | −0.079% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1464 | −0.027% | $12K | — | 10x | as long as short |
| tradeXYZ xyz:EUR | +0.0224% | 1h | 1.1466 | −0.010% | $23.2M | $1.7M | 50x | as long as short |
| Hotstuff EURUSD-PERP | +0.0224% | 1h | 1.1467 | −0.001% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0224% | 1h | 1.1459 | −0.067% | $166K | $8.4M | 30x | as long as short |
Vest EUR-USD-PERP
Nado EURUSD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
tradeXYZ xyz:EUR
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-P