Funding you earn now, next payment 03:00 UTC−0.1020%/8h= −111.7% APRpaid last 24h −0.349%
Price spread now: MEXC against Lighter−0.418%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−1.025%−$103 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 −$31 a day on $10k at the current rate, and MEXC is 0.418% cheaper against Lighter than usual: you would sell low and buy high (−$42 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 | 0.2586 | 0.1120 | pay 0.0140% / 1h | 34m 55s | $57K | $21K | 5x |
| Short | MEXC APEX_USDT | 0.2575 | 0.0100 | get 0.0050% / 4h | 1h 34m | $577K | $247K | 50x |
Lighter APEX
MEXC APEX_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
- −$214.2
- Price spread: −0.418% → 0.000%
- −$41.77
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$259.97
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 20 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 MEXC live order book, 20 min ago | 7.72 bp | 23.9 bp −$24 | 123.3 bp −$1,233 | 752.1 bp −$75.2K | doesn't fit |
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 | 0.2576 | −0.379% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDTshort | +0.0100% | 4h | 0.2575 | −0.418% | $577K | $247K | 50x | |
| BingX APEX-USDT | +0.0100% | 4h | 0.2574 | −0.456% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2575 | −0.398% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2582 | −0.147% | $138K | $424K | 50x | as long as short |
| BloFin APEX-USDT | +0.0120% | 4h | 0.2573 | −0.495% | $94K | $3K | 25x | as long as short |
| Lighter APEXlong | +0.1120% | 1h | 0.2586 | long leg | $57K | $21K | 5x | |
| Hyperliquid APEX | +0.1475% | 1h | 0.2585 | −0.023% | $2.9M | $115K | 3x | as long as short |
Bybit APEXUSDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
BloFin APEX-USDT
Hyperliquid APEX