Funding you earn now, next payment 05:00 UTC−0.1076%/8h= −117.8% APRpaid last 24h −0.353%
Price spread now: BingX against Lighter−0.491%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.052%−$105 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 against this trade now: funding costs −$32 a day on $10k at the current rate, and BingX is 0.491% cheaper against Lighter than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APEX | 0.2569 | 0.1176 | pay 0.0147% / 1h | 11m 52s | $58K | $22K | 5x |
| Short | BingX APEX-USDT | 0.2556 | 0.0100 | get 0.0050% / 4h | 3h 11m | — | $1.3M | — |
Lighter APEX
BingX APEX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$225.96
- Price spread: −0.491% → 0.000%
- −$49.05
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$285.01
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 4 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 Lighter no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 4 min ago | 27.41 bp | 68.9 bp −$69 | 364.5 bp −$3,645 | 677.5 bp −$67.8K | 1077.1 bp −$538.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APEX-USDT | +0.0051% | 4h | 0.2560 | −0.335% | $94K | $3K | 25x | as long as short |
| Bybit APEXUSDT | +0.0100% | 4h | 0.2559 | −0.374% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2561 | −0.296% | $584K | $247K | 50x | as long as short |
| BingX APEX-USDTshort | +0.0100% | 4h | 0.2556 | −0.491% | — | $1.3M | — | |
| Variational Omni APEX | +0.0100% | 4h | 0.2559 | −0.372% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2584 | +0.600% | $138K | $422K | 50x | as long as short |
| Hyperliquid APEX | +0.0772% | 1h | 0.2567 | −0.070% | $2.9M | $113K | 3x | as long as short |
| Lighter APEXlong | +0.1176% | 1h | 0.2569 | long leg | $58K | $22K | 5x |
BloFin APEX-USDT
Bybit APEXUSDT
MEXC APEX_USDT
Variational Omni APEX
ApeX Omni APEXUSDT
Hyperliquid APEX