Funding you earn now, next payment 03:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.006%
Price spread now: Vest against Lighter+0.180%7-day average +0.157% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.180%, 7d avg +0.157%
=Together, before fees+0.019%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.023% dearer against Lighter than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.157%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EURUSD | 1.1482 | 0.0192 | pay 0.0024% / 1h | 24m 06s | $2.1M | $444K | 50x |
| Short | Vest EUR-USD-PERP | 1.1502 | 0.0046 | get 0.0006% / 1h | 24m 06s | — | $264K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$30.73
- Price spread: +0.180% → +0.157%
- $2.33
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$30.4
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 3 min ago; Vest: 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 Lighter live order book, 3 min ago | 1.39 bp | 3.7 bp −$4 | 11.9 bp −$119 | 68.8 bp −$6,875 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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.
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDT | −0.0152% | 4h | 1.1473 | −0.077% | $6.8M | $137K | 100x | as long as short |
| Nado EURUSD-PERP | −0.0003% | 1h | 1.1473 | −0.079% | $467K | $154K | 40x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.080% | $584K | $281K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1473 | −0.077% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1472 | −0.085% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1471 | −0.094% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1476 | −0.051% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1476 | −0.051% | $12K | $259K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1471 | −0.095% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.134% | $9K | $78K | 101x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERPshort | +0.0046% | 1h | 1.1502 | +0.180% | — | $264K | 100x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1472 | −0.085% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | −0.039% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSD | +0.0119% | 1h | 1.1467 | −0.125% | $3K | — | 50x | as long as short |
| Lighter EURUSDlong | +0.0192% | 1h | 1.1482 | long leg | $2.1M | $444K | 50x | |
| Hotstuff EURUSD-PERP | +0.0192% | 1h | 1.1478 | −0.033% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0200% | 1h | 1.1469 | −0.108% | $161K | $8.2M | 30x | as long as short |
| tradeXYZ xyz:EUR | +0.0213% | 1h | 1.1477 | −0.042% | $23.3M | $1.8M | 50x | as long as short |
Lighter EURUSD
MEXC EUR_USDT
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERP
Pacifica EURUSD
Kraken Futures PF_EURUSD
tradeXYZ xyz:EUR