Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: Lighter against tradeXYZ+0.149%7-day average — · you sell dearer than you buy
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 airdroptradeXYZ: Active · Lighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.149% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DELL | 577.52 | 0.0106 | pay 0.0013% / 1h | 32m 47s | $7.6M | $7.0M | 10x |
| Short | Lighter DELL | 578.38 | 0.0032 | get 0.0004% / 1h | 32m 47s | $34K | $13K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against tradeXYZ. 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
- −$15.6
- Price spread: +0.149% → 0.000%
- $14.89
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.71
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 0.09 bp | 9.1 bp −$9 | doesn't fit | 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.
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 | 577.34 | −0.031% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 578.08 | +0.097% | $4.1M | $7.3M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 578.25 | +0.126% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELLshort | +0.0032% | 1h | 578.38 | +0.149% | $34K | $13K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.013% | $8K | $83K | 12x | as long as short |
| edgeX DELLUSDC | +0.0046% | 4h | 578.19 | +0.115% | $5K | $334K | 10x | as long as short |
| Bybit DELLUSDT | +0.0072% | 8h | 578.21 | +0.119% | $6.2M | $3.9M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 577.62 | +0.017% | $947K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 578.92 | +0.242% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.05 | +0.092% | $18K | $58K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:DELLlong | +0.0106% | 1h | 577.52 | long leg | $7.6M | $7.0M | 10x | |
| Polymarket Perps DELL-USD | +0.0246% | 1h | 578.03 | +0.088% | $7K | $54K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0432% | 8h | 578.31 | +0.137% | $5.9M | $6.7M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0516% | 8h | 578.38 | +0.148% | $2K | $152K | 10x | as long as short |
| Variational Omni DELL | +0.0532% | 8h | 578.21 | +0.120% | $264K | $86K | — | as long as short |
| Extended DELL-USD | +0.0632% | 1h | 578.27 | +0.130% | $334K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0634% | 8h | 578.42 | +0.156% | $19.0M | $65.9M | 20x | as long as short |
| BloFin DELL-USDT | +0.0651% | 8h | 578.17 | +0.113% | $323K | $220K | 20x | as long as short |
| Phoenix DELL | +0.0679% | 1h | 577.35 | −0.029% | $3K | $258K | 10x | as long as short |
| Nado DELL-PERP | +0.0797% | 1h | 577.24 | −0.048% | $69K | $18K | 10x | as long as short |
tradeXYZ xyz:DELL
Lighter DELL
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Injective DELL/USDC PERP
edgeX DELLUSDC
Bybit DELLUSDT
KuCoin DELLUSDTM
HTX DELL-USDT
Polymarket Perps DELL-USD
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
Variational Omni DELL
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
Phoenix DELL