Funding you earn now, next payment 01:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h +0.148%
Price spread now: edgeX against Lighter−0.062%109s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.062% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DELL | 580.85 | 0.0144 | pay 0.0018% / 1h | 47m 52s | $34K | $12K | 10x |
| Short | edgeX DELLUSDC | 580.49 | 0.0078 | get 0.0039% / 4h | 3h 47m | $5K | $333K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter. 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
- −$13.83
- Price spread: −0.062% → 0.000%
- −$6.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$28.98
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; edgeX: live order book, 25 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 25 min ago | 4.41 bp | 13.1 bp −$13 | 92.6 bp −$926 | doesn't fit | doesn't fit |
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.
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 579.28 | −0.270% | $21K | $50K | 20x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.580% | $8K | $83K | 12x | as long as short |
| edgeX DELLUSDCshort | +0.0078% | 4h | 580.49 | −0.062% | $5K | $333K | 10x | |
| KuCoin DELLUSDTM | +0.0100% | 8h | 579.48 | −0.236% | $950K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 581.04 | +0.033% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 580.85 | 0.000% | $18K | $58K | 10x | as long as short |
| Lighter DELLlong | +0.0144% | 1h | 580.85 | long leg | $34K | $12K | 10x | |
| Bitget DELLUSDT | +0.0190% | 8h | 580.34 | −0.088% | $3.6M | $4.7M | 20x | as long as short |
| Variational Omni DELL | +0.0301% | 8h | 580.40 | −0.077% | $262K | $81K | — | as long as short |
| BloFin DELL-USDT | +0.0413% | 8h | 580.46 | −0.067% | $319K | $223K | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DELLUSDT | +0.0437% | 8h | 580.85 | 0.000% | $18.8M | $66.0M | 20x | as long as short |
| Extended DELL-USD | +0.0440% | 1h | 580.59 | −0.045% | $335K | $1.3M | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0528% | 1h | 580.18 | −0.115% | $7.5M | $7.0M | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0636% | 8h | 580.76 | −0.015% | $5.9M | $6.5M | 20x | as long as short |
| Bybit DELLUSDT | +0.0733% | 8h | 580.51 | −0.059% | $6.2M | $3.9M | 50x | as long as short |
| Gate DELL_USDT | +0.0767% | 8h | 580.31 | −0.093% | $4.2M | $7.5M | 50x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 579.81 | −0.179% | $3K | $280K | 10x | as long as short |
| Nado DELL-PERP | +0.0875% | 1h | 578.68 | −0.373% | $69K | $13K | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.1061% | 1h | 580.40 | −0.077% | $9K | $53K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1754% | 8h | 580.55 | −0.052% | $1K | $167K | 10x | as long as short |
Lighter DELL
edgeX DELLUSDC
Aster DELLUSDT
Injective DELL/USDC PERP
KuCoin DELLUSDTM
HTX DELL-USDT
Bitget DELLUSDT
Variational Omni DELL
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
tradeXYZ xyz:DELL
OKX DELL-USDT-SWAP
Bybit DELLUSDT
Gate DELL_USDT
Phoenix DELL
Polymarket Perps DELL-USD
GRVT DELL_USDT_Perp