Settings8H · net · $10k
Funding arb · Price arb /

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.122%
Price spread now: BingX against Lighter+0.029%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.029% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CAP0.045550.0096pay 0.0012% / 1h55m 42s$19K$2K3x
ShortBingX CAP-USDT0.045560.0100get 0.0050% / 4h2h 55m$1.6M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.029% → 0.000%
$2.85
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$6.31
Costs to cover
0.100%
Break-even
59.5 days
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell BingX live order book, 6 min ago4.37 bp25.0 bp −$2561.6 bp −$616562.0 bp −$56.2Kdoesn'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.

CAP on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTM−0.0918%4h0.04551−0.081%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0661%4h0.04548−0.147%$2.1M$6.9M10xas long as short
Variational Omni CAP−0.0171%4h0.04557+0.046%$8K$8Kas long as short
Bybit CAPUSDT−0.0159%4h0.04553−0.037%$4.4M$4.1M10xas long as short
Bitget CAPUSDT−0.0146%4h0.04555+0.007%$1.0M$573K10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04559+0.091%$494150xas long as short
BloFin CAP-USDT+0.0041%4h0.04567+0.270%$376K$59K10xas long as short
Lighter CAPlong+0.0096%1h0.04555long leg$19K$2K3x
Aster CAPUSDT+0.0100%4h0.04561+0.133%$25K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04553−0.037%$8.9M$8.7M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CAP_USDT+0.0100%4h0.04555+0.007%$329K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04557+0.050%$529K$227K20xas long as short
BingX CAP-USDTshort+0.0100%4h0.04556+0.029%$1.6M
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04556+0.022%$5K$58210xas long as short