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

BOT

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.435%+$44 on $10k
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BOTUSDT29.130−0.0059get 0.0059% / 8h7h 32m$242K$129K5x
ShortLighter BOT29.365−0.1776pay 0.0222% / 1h32m 41s$67K$1K3x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 57 min ago13.74 bp58.4 bp −$5892.8 bp −$928doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BOTUSDT−0.4896%8h29.060−0.240%$521K$577K25xas long as short
OKX BOT-USDT-SWAP−0.2376%8h29.080−0.172%$231K$237K20xas long as short
Lighter BOTshort−0.1776%1h29.365+0.807%$67K$1K3x
KuCoin BOTUSDTM−0.1342%8h29.080−0.172%$92K$452K20xas long as short
Binance BOTUSDT−0.1110%8h29.080−0.172%$454K$1.2M10xas long as short
Variational Omni BOT−0.0926%8h29.085−0.154%$33K$12Kas long as short
tradeXYZ xyz:BOT−0.0652%1h29.058−0.247%$3.0M$794K10xas long as short
QFEX BOT-USD−0.0076%1h29.060−0.240%$1.1M$476K10xas long as short
Bitget BOTUSDTlong−0.0059%8h29.130long leg$242K$129K5x
Gate BOT_USDT0.0000%8h29.190+0.206%$251K$224K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD+0.0040%1h29.210+0.275%$3K$9K5xas long as short
HTX BOT-USDT+0.0100%8h29.104−0.089%$3K$35K10xas long as short