Funding you earn now, next payment 02:00 UTC−0.0077%/8h= −8.4% APRpaid last 24h +0.055%
Price spread now: Gate against Lighter RH+0.051%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now +0.051%, 7d avg +0.033%
=Together, before fees+0.231%+ Points / potential airdropLighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.144%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 197.87 | 0.0032 | pay 0.0004% / 1h | 13m 56s | $437K | $1.5M | 10x |
| Short | Gate COIN_USDT | 197.97 | −0.0045 | pay 0.0045% / 8h | 6h 13m | $1.2M | $7.0M | 50x |
Lighter RH COIN
Gate COIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Lighter RH. 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
- −$16.17
- Price spread: +0.051% → +0.033%
- $1.72
- Slippage, 4 orders
- −$21.68
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$51.12
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Gate: live order book, 4 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 Lighter RH live order book, 4 min ago | 2.53 bp | 3.4 bp −$3 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.31 bp | 13.2 bp −$13 | 36.4 bp −$364 | doesn't fit | doesn't fit |
COIN on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0582% | 8h | 198.05 | +0.091% | $6.5M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.66 | −0.106% | $44K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0052% | 1h | 197.26 | −0.308% | — | $290K | 25x | as long as short |
| Gate COIN_USDTshort | −0.0045% | 8h | 197.97 | +0.051% | $1.2M | $7.0M | 50x | |
| Aster COINUSDT | 0.0000% | 8h | 198.06 | +0.094% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.85 | −0.011% | $117K | $693K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.92 | +0.026% | $14.8M | $77.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.93 | +0.030% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.92 | +0.025% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.68 | −0.097% | $819K | $921K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.57 | −0.151% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.62 | −0.126% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.88 | +0.004% | $379K | $2.0M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 197.87 | long leg | $437K | $1.5M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 197.79 | −0.040% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.87 | 0.000% | $15.8M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.63 | −0.121% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.74 | −0.066% | $97 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.51 | −0.182% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.88 | +0.005% | $996K | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.60 | −0.136% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.77 | −0.051% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.81 | −0.032% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.75 | −0.061% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0503% | 4h | 197.53 | −0.172% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC