Funding you earn now, next payment 23:00 UTC+0.0079%/8h= +8.7% APRpaid last 24h +0.014%
Price spread now: Lighter RH against BingX+0.012%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$130.127% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETH-USDT | 2,772.8 | 0.0017 | pay 0.0017% / 8h | 1h 25m | — | $1.18B | — |
| Short | Lighter RH ETH | 2,773.1 | 0.0096 | get 0.0012% / 1h | 25m 46s | $25.3M | $121.5M | 50x |
BingX ETH-USDT
Lighter RH ETHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against BingX. 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
- $16.59
- Price spread: +0.012% → 0.000%
- $1.23
- Slippage, 4 orders
- −$2.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $5.1
- Costs to cover
- 0.127%
- Break-even
- 4.8 days
Slippage from BingX: live order book, 3 min ago; Lighter RH: 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 BingX live order book, 3 min ago | 0.04 bp | 5.3 bp −$5 | 5.4 bp −$54 | 5.7 bp −$565 | 6.1 bp −$3,052 |
| Sell Lighter RH live order book, 3 min ago | 1.04 bp | 1.3 bp −$1 | 2.5 bp −$25 | 12.3 bp −$1,227 | 76.9 bp −$38.4K |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,772.4 | −0.013% | $287K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDC | −0.0085% | 1h | 2,771.2 | −0.055% | $5.8M | $12.0M | 25x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,772.9 | +0.005% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,770.3 | −0.089% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,772.2 | −0.020% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0017% | 1h | 2,773.7 | +0.036% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,773.3 | +0.019% | $12.7M | $45.5M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,769.6 | −0.114% | $883K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,773.3 | +0.019% | $22.4M | — | 200x | as long as short |
| BingX ETH-USDTlong | +0.0017% | 8h | 2,772.8 | long leg | — | $1.18B | — |
Perpl ETH
RISEx ETH/USDC
Hotstuff ETH-PERP
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
dYdX ETH-USD
Phoenix ETH
gTrade (Gains Network) ETH/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETH-USDT-SWAP | +0.0021% | 8h | 2,772.8 | 0.000% | $1.70B | $11.85B | 100x | as long as short |
| Phemex ETHUSDT | +0.0023% | 8h | 2,771.8 | −0.036% | $269.5M | $68.7M | 150x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0027% / S +0.0009% | 1h | 2,773.2 | +0.016% | $13.0M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0032% | 8h | 2,772.7 | −0.003% | $255.9M | $991.0M | 200x | as long as short |
| Bullet ETH-USD | +0.0036% | 1h | 2,772.3 | −0.015% | $180K | $1.7M | 20x | as long as short |
| Deribit ETH-PERPETUAL | +0.0053% | 1h | 2,772.9 | +0.005% | $258.3M | $222.2M | 50x | as long as short |
| MEXC ETH_USDT | +0.0060% | 8h | 2,771.2 | −0.056% | $1.62B | $2.66B | 500x | as long as short |
| Binance ETHUSDT | +0.0060% | 8h | 2,772.9 | +0.005% | $6.42B | $17.17B | 150x | as long as short |
| Nado ETH-PERP | +0.0060% | 1h | 2,772.1 | −0.023% | $14.3M | $118.1M | 50x | as long as short |
| Aevo ETH-PERP | +0.0064% | 1h | 2,769.5 | −0.118% | $5.0M | $636K | 20x | as long as short |
| Bitget ETHUSDT | +0.0071% | 8h | 2,772.8 | +0.002% | $2.10B | $3.10B | 150x | as long as short |
| SoDEX ETH-USD | +0.0072% | 1h | 2,771.2 | −0.056% | $55.2M | $228.9M | 40x | as long as short |
| ApeX Omni ETHUSDT | +0.0073% | 1h | 2,772.4 | −0.012% | $8.8M | $32.6M | 100x | as long as short |
| Gate ETH_USDT | +0.0074% | 8h | 2,772.9 | +0.005% | $3.29B | $9.62B | 200x | as long as short |
| Bybit ETHUSDT | +0.0093% | 8h | 2,772.8 | +0.002% | $2.51B | $4.61B | 150x | as long as short |
| HTX ETH-USDT | +0.0094% | 8h | 2,772.2 | −0.019% | $1.08B | $1.32B | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,771.7 | −0.037% | $115.0M | $500.3M | 50x | as long as short |
| Lighter RH ETHshort | +0.0096% | 1h | 2,773.1 | +0.012% | $25.3M | $121.5M | 50x | |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,773.2 | +0.016% | — | $41.6M | 500x | as long as short |
| KuCoin ETHUSDTM | +0.0098% | 8h | 2,771.1 | −0.061% | $423.1M | $739.3M | 100x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,770.9 | −0.065% | $15.9M | $10.5M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,771.9 | −0.031% | $476K | $2.7M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,775.3 | +0.090% | $3.19B | $2.37B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,772.4 | −0.012% | $31.2M | $299.8M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,771 | −0.063% | $2.8M | $16.9M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,773 | +0.008% | $2.7M | $17.5M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,767.4 | −0.192% | $166.0M | $246.7M | 25x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,771.2 | −0.058% | $15.1M | $44.6M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,769.4 | −0.119% | $135.0M | $322.3M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,770.7 | −0.074% | $181.3M | $782.1M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,772.9 | +0.007% | $161.3M | $91.2M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,774.1 | +0.048% | $21.4M | $58.0M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,773 | +0.009% | — | $1.1M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,773.8 | +0.038% | $10.8M | $7.6M | 50x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,785.4 | +0.456% | $21K | $25K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,773.6 | +0.031% | $42.7M | $29.3M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,770.5 | −0.082% | $971K | $14.0M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,770.7 | −0.074% | $32.9M | $77.3M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,772.4 | −0.013% | $60.0M | $4.59B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0123% | 8h | 2,773 | +0.009% | $8.5M | $677.6M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0136% | 8h | 2,775.1 | +0.083% | $32.5M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0170% | 1h | 2,772 | −0.028% | $85.9M | $331.5M | 100x | as long as short |
| BloFin ETH-USDT | +0.0180% | 8h | 2,773.1 | +0.011% | $285.2M | $194.4M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0191% | 1h | 2,772.4 | −0.014% | $7.4M | $1.2M | 25x | as long as short |
| Hibachi ETH/USDT-P | +0.0192% | 1h | 2,775.1 | +0.085% | $271K | $1.5M | 20x | as long as short |
OKX ETH-USDT-SWAP
Phemex ETHUSDT
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Bullet ETH-USD
Deribit ETH-PERPETUAL
MEXC ETH_USDT
Binance ETHUSDT
Nado ETH-PERP
Aevo ETH-PERP
Bitget ETHUSDT
SoDEX ETH-USD
ApeX Omni ETHUSDT
Gate ETH_USDT
Bybit ETHUSDT
HTX ETH-USDT
Lighter ETH
Jupiter Perps ETH-PERP
KuCoin ETHUSDTM
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT
Reya ETHRUSDPERP
Hibachi ETH/USDT-P