Funding you earn now, next payment 09:00 UTC−0.1717%/8h= −188.0% APRpaid last 24h −0.012%
Price spread now: Lighter against Bitget+0.807%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+0.435%+$44 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.807% dearer against Bitget than usual: you sell high and buy low (spread +0.807% now, against zero (this spread has no 7-day history yet)): +$81 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 7 days funding on this pair paid +0.435%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.435% in total (about 22.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BOTUSDT | 29.130 | −0.0059 | get 0.0059% / 8h | 7h 32m | $242K | $129K | 5x |
| Short | Lighter BOT | 29.365 | −0.1776 | pay 0.0222% / 1h | 32m 41s | $67K | $1K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$360.57
- Price spread: +0.807% → 0.000%
- $80.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$291.9
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 57 min ago; Lighter: no order-book sample. 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 Bitget live order book, 57 min ago | 13.74 bp | 58.4 bp −$58 | 92.8 bp −$928 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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.
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BOTUSDT | −0.4896% | 8h | 29.060 | −0.240% | $521K | $577K | 25x | as long as short |
| OKX BOT-USDT-SWAP | −0.2376% | 8h | 29.080 | −0.172% | $231K | $237K | 20x | as long as short |
| Lighter BOTshort | −0.1776% | 1h | 29.365 | +0.807% | $67K | $1K | 3x | |
| KuCoin BOTUSDTM | −0.1342% | 8h | 29.080 | −0.172% | $92K | $452K | 20x | as long as short |
| Binance BOTUSDT | −0.1110% | 8h | 29.080 | −0.172% | $454K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0926% | 8h | 29.085 | −0.154% | $33K | $12K | — | as long as short |
| tradeXYZ xyz:BOT | −0.0652% | 1h | 29.058 | −0.247% | $3.0M | $794K | 10x | as long as short |
| QFEX BOT-USD | −0.0076% | 1h | 29.060 | −0.240% | $1.1M | $476K | 10x | as long as short |
| Bitget BOTUSDTlong | −0.0059% | 8h | 29.130 | long leg | $242K | $129K | 5x | |
| Gate BOT_USDT | 0.0000% | 8h | 29.190 | +0.206% | $251K | $224K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.210 | +0.275% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.104 | −0.089% | $3K | $35K | 10x | as long as short |
Bitget BOTUSDT
Lighter BOT
Bybit BOTUSDT
OKX BOT-USDT-SWAP
KuCoin BOTUSDTM
Binance BOTUSDT
Variational Omni BOT
tradeXYZ xyz:BOT
Gate BOT_USDT
HTX BOT-USDT