Funding you earn now, next payment 00:00 UTC−0.0820%/8h= −89.8% APRpaid last 24h −0.179%
Price spread now: MEXC against Lighter−0.172%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days−0.479%−$48 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.172%, 7d avg −0.095%
=Together, before fees−0.459%+ Points / potential airdropLighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and MEXC is 0.077% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.479% in total (about -25.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 0G | 0.2329 | 0.0920 | pay 0.0115% / 1h | 49m 22s | $45K | $100K | 3x |
| Short | MEXC 0G_USDT | 0.2325 | 0.0100 | get 0.0050% / 4h | 49m 22s | $2.1M | $202K | 50x |
Lighter 0G
MEXC 0G_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$172.2
- Price spread: −0.172% → −0.095%
- −$7.72
- Slippage, 4 orders
- −$118.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$302.89
- Costs to cover
- 1.230%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 10 min ago; MEXC: live order book, 2 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 live order book, 10 min ago | 12.94 bp | 49.2 bp −$49 | 120.2 bp −$1,202 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.15 bp | 7.4 bp −$7 | 27.4 bp −$274 | 155.0 bp −$15.5K | 253.8 bp −$126.9K |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0638% | 4h | 0.2326 | −0.129% | — | $6.6M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2323 | −0.250% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2324 | −0.219% | $23K | $19K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2324 | −0.223% | $6.8M | $8.9M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2323 | −0.258% | $2.3M | $2.3M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2324 | −0.215% | $884K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2324 | −0.215% | $599K | $162K | 50x | as long as short |
| MEXC 0G_USDTshort | +0.0100% | 4h | 0.2325 | −0.172% | $2.1M | $202K | 50x | |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2324 | −0.215% | $1.8M | $665K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2321 | −0.356% | $13K | $10K | — | as long as short |
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
Bitget 0GUSDT
Variational Omni 0GShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2323 | −0.262% | $18K | $631K | 50x | as long as short |
| BloFin 0G-USDT | +0.0147% | 4h | 0.2318 | −0.472% | $324K | $9K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0226% | 4h | 0.2329 | −0.021% | $2.4M | $2.6M | 50x | as long as short |
| Hyperliquid 0G | +0.0629% | 1h | 0.2329 | +0.009% | $2.5M | $500K | 3x | as long as short |
| Backpack 0G_USDC_PERP | +0.0803% | 1h | 0.2325 | −0.172% | $38K | $47K | 5x | as long as short |
| Lighter 0Glong | +0.0920% | 1h | 0.2329 | long leg | $45K | $100K | 3x |
ApeX Omni 0GUSDT
BloFin 0G-USDT
KuCoin 0GUSDTM
Hyperliquid 0G
Backpack 0G_USDC_PERP