Funding you earn now, next payment 22:00 UTC+0.1452%/8h= +159.0% APRpaid last 24h +0.253%
Price spread now: Lighter against BingX+0.337%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.926%+$93 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Lighter is 0.337% dearer against BingX than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.926% in total (about 48.3% 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 | BingX APEX-USDT | 0.2555 | 0.0100 | pay 0.0050% / 4h | 2h 37m | — | $1.3M | — |
| Short | Lighter APEX | 0.2564 | 0.1552 | get 0.0194% / 1h | 37m 01s | $54K | $20K | 5x |
BingX APEX-USDT
Lighter APEXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $304.92
- Price spread: +0.337% → 0.000%
- $33.66
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $328.58
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 9 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 BingX live order book, 9 min ago | 23.57 bp | 69.3 bp −$69 | 255.4 bp −$2,554 | 818.0 bp −$81.8K | 1068.7 bp −$534.3K |
| 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.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2555 | 0.000% | $3.5M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2556 | +0.039% | $591K | $251K | 50x | as long as short |
| BingX APEX-USDTlong | +0.0100% | 4h | 0.2555 | long leg | — | $1.3M | — | |
| Variational Omni APEX | +0.0100% | 4h | 0.2547 | −0.332% | $17K | $4K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2543 | −0.470% | $135K | $478K | 50x | as long as short |
| BloFin APEX-USDT | +0.0126% | 4h | 0.2554 | −0.039% | $94K | $2K | 25x | as long as short |
| Lighter APEXshort | +0.1552% | 1h | 0.2564 | +0.337% | $54K | $20K | 5x | |
| Hyperliquid APEX | +0.1641% | 1h | 0.2562 | +0.258% | $2.9M | $119K | 3x | as long as short |
Bybit APEXUSDT
MEXC APEX_USDT
Variational Omni APEX
ApeX Omni APEXUSDT
BloFin APEX-USDT
Hyperliquid APEX