BE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h −0.001%

Price spread now: Binance against Lighter RH+0.051%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.307% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 4 days (all we have)+0.115%+$12 · spread now +0.051%, 7d avg +0.045%

Together, before fees+0.084%+ Points / potential airdropLighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH BE	275.03	0.0032	pay 0.0004% / 1h	27m 40s	$251K	$289K	10x
Short	Binance BEUSDT	275.17	0.0066	get 0.0066% / 8h	5h 27m	$8.4M	$36.1M	25x

Funding history

latest

Range statsloading…

Binance against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Lighter RHbpFee BinancebpOrdersPrice spread, now +0.051%Rate

Slippage from Lighter RH: live order book, 34 min ago; Binance: live order book, 14 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 34 min ago	4.37 bp	5.2 bp −$5	11.9 bp −$119	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	2.18 bp	9.5 bp −$9	28.4 bp −$284	86.7 bp −$8,668	doesn't fit

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
Aster BEUSDT	0.0000%	8h	274.91	−0.044%	$346K	$119K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	275.23	+0.073%	$2.0M	$1.1M	25x	as long as short
Gate BE_USDT	0.0000%	8h	274.80	−0.084%	$1.5M	$3.3M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.05	+0.007%	$1.7M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.44	+0.149%	$7K	$164K	10x	as long as short
SunX BE-USDT	0.0000%	8h	275.38	+0.127%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.40	+0.135%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	275.19	+0.058%	$1.3M	$2.8M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	273.08	−0.709%	$473K	$129K	10x	as long as short
Lighter BE	+0.0032%	1h	274.93	−0.036%	—	—	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BElong	+0.0032%	1h	275.03	long leg	$251K	$289K	10x
Arcus BE-USD	+0.0040%	1h	275.06	+0.011%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.08	+0.018%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.98	−0.018%	$5.9M	$2.7M	10x	as long as short
Extended BE-USD	+0.0064%	1h	275.09	+0.021%	$47K	$265K	10x	as long as short
Binance BEUSDTshort	+0.0066%	8h	275.17	+0.051%	$8.4M	$36.1M	25x
KuCoin BEUSDTM	+0.0100%	8h	275.00	−0.011%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.05	+0.006%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0117%	8h	275.30	+0.098%	$2.6M	$6.7M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0186%	1h	275.08	+0.018%	$7K	$4K	10x	as long as short
BloFin BE-USDT	+0.0188%	8h	275.23	+0.073%	$45K	$141K	20x	as long as short