Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h —
Price spread now: tradeXYZ against Lighter+0.045%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.045% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WDC | 442.82 | 0.0032 | pay 0.0004% / 1h | 30m 50s | — | — | 10x |
| Short | tradeXYZ xyz:WDC | 443.02 | 0.0050 | get 0.0006% / 1h | 30m 50s | $2.3M | $2.1M | 10x |
Lighter WDC
tradeXYZ xyz:WDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: +0.045% → 0.000%
- $4.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.7
- Costs to cover
- 0.180%
- Break-even
- 25.0 days
Slippage unknown: Lighter: no order-book sample; tradeXYZ: live order book, 7 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 7 min ago | 1.24 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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.
WDC on 17 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 WDCUSDT | −0.0423% | 8h | 443.35 | +0.120% | $1.1M | $1.1M | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 443.10 | +0.062% | $10K | $136K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 443.16 | +0.077% | $5K | $189K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 443.20 | +0.086% | $7.3M | $25.4M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 443.27 | +0.102% | $1.9M | $709K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 443.30 | +0.108% | $1.9M | $2.5M | 50x | as long as short |
| OKX WDC-USDT-SWAP | +0.0005% | 8h | 443.30 | +0.108% | $2.0M | $4.3M | 20x | as long as short |
| BloFin WDC-USDT | +0.0008% | 8h | 443.35 | +0.120% | $140K | $94K | 20x | as long as short |
| edgeX WDCUSDC | +0.0021% | 4h | 443.31 | +0.111% | $49K | $230K | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0027% | 8h | 443.44 | +0.140% | $519 | $146K | 10x | as long as short |
Bitget WDCUSDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
OKX WDC-USDT-SWAP
BloFin WDC-USDT
edgeX WDCUSDC
GRVT WDC_USDT_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDClong | +0.0032% | 1h | 442.82 | long leg | — | — | 10x | |
| tradeXYZ xyz:WDCshort | +0.0050% | 1h | 443.02 | +0.045% | $2.3M | $2.1M | 10x | |
| QFEX WDC-USD | +0.0059% | 1h | 443.26 | +0.099% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 443.01 | +0.043% | $272K | $46K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 443.16 | +0.077% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 443.30 | +0.108% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 443.60 | +0.176% | $33K | $8K | 10x | as long as short |
QFEX WDC-USD
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT