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: Lighter against Vest−0.180%7-day average −0.157% · you buy dearer than you sell
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−0.020%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.023% cheaper against Vest than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of −0.157%). If the spread goes back, that is −$2 on $10k: about 13 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest EUR-USD-PERP | 1.1502 | 0.0046 | pay 0.0006% / 1h | 24m 18s | — | $264K | 100x |
| Short | Lighter EURUSD | 1.1482 | 0.0192 | get 0.0024% / 1h | 24m 18s | $2.1M | $444K | 50x |
Vest EUR-USD-PERP
Lighter EURUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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%
- −$2.3
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $26.43
- Costs to cover
- 0.020%
- Break-even
- 1.0 days
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 3 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 1.39 bp | 2.1 bp −$2 | 4.6 bp −$46 | 40.9 bp −$4,086 | doesn't fit |
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 | −0.256% | $6.8M | $137K | 100x | as long as short |
| Nado EURUSD-PERP | −0.0003% | 1h | 1.1473 | −0.259% | $467K | $154K | 40x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.260% | $584K | $281K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1473 | −0.256% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.256% | $253K | $20K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1471 | −0.274% | $198K | $111K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1476 | −0.230% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1476 | −0.230% | $12K | $259K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1471 | −0.275% | $6.7M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.313% | $9K | $78K | 101x | as long as short |
MEXC EUR_USDT
Nado EURUSD-PERP
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest EUR-USD-PERPlong | +0.0046% | 1h | 1.1502 | long leg | — | $264K | 100x | |
| Pacifica EURUSD | +0.0100% | 1h | 1.1472 | −0.265% | $190K | $61K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1477 | −0.218% | $12K | — | 10x | as long as short |
| Kraken Futures PF_EURUSD | +0.0119% | 1h | 1.1467 | −0.305% | $3K | — | 50x | as long as short |
| Lighter EURUSDshort | +0.0192% | 1h | 1.1482 | −0.180% | $2.1M | $444K | 50x | |
| Hotstuff EURUSD-PERP | +0.0192% | 1h | 1.1478 | −0.213% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0200% | 1h | 1.1469 | −0.287% | $161K | $8.2M | 30x | as long as short |
| tradeXYZ xyz:EUR | +0.0214% | 1h | 1.1477 | −0.221% | $23.3M | $1.8M | 50x | as long as short |
Pacifica EURUSD
Aevo EURUSD-PERP
Kraken Futures PF_EURUSD
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-P
tradeXYZ xyz:EUR