Settings8H · net · $10k
Funding arb · Price arb /

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0376%/8h= +41.2% APRpaid last 24h +0.074%
Price spread now: Lighter against BloFin+0.298%60s7-day average +0.299% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.933% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.380%+$38 on $10k
Price spread, last 3 days (all we have)+0.041%+$4 · spread now +0.298%, 7d avg +0.299%
Together, before fees+0.420%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.299%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FF-USDT0.1274−0.0232get 0.0116% / 4h1h 18m$2.3M$418K20x
ShortLighter FF0.12780.0144get 0.0018% / 1h18m 13s$135K$65K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$78.97
Price spread: +0.298% → +0.299%
−$0.11
Slippage, 4 orders
−$81.31
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$14.45
Costs to cover
0.933%
Break-even
8.3 days
Slippage from BloFin: live order book, 5 min ago; Lighter: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago3.53 bp13.4 bp −$1333.5 bp −$335doesn't fitdoesn't fit
Sell Lighter live order book, 55 min ago7.05 bp16.5 bp −$1688.2 bp −$882doesn't fitdoesn't fit

FF on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin FF-USDTlong−0.0232%4h0.1274long leg$2.3M$418K20x
Binance FFUSDT−0.0209%4h0.1274+0.039%$43.1M$46.0M20xas long as short
MEXC FF_USDT−0.0208%4h0.1273−0.024%$10.0M$3.6M50xas long as short
Bybit FFUSDT+0.0013%4h0.1274+0.047%$14.3M$11.7M20xas long as short
Aster FFUSDT+0.0100%4h0.1275+0.113%$1.2M$32K5xas long as short
Gate FF_USDT+0.0100%4h0.1276+0.188%$26.9M$3.5M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1276+0.149%$8.6M$6.5M20xas long as short
Bitget FFUSDT+0.0100%4h0.1275+0.055%$18.5M$4.3M5xas long as short
BingX FF-USDT+0.0100%4h0.1275+0.133%$7.0Mas long as short
SunX FF-USDT+0.0100%4h0.12740.000%$2K$2.6M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FFshort+0.0144%1h0.1278+0.298%$135K$65K3x