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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.008%
Price spread now: BloFin against Lighter+0.026%90s7-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 6 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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.026% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CAP0.045940.0096pay 0.0012% / 1h39m 33s$19K$2K3x
ShortBloFin CAP-USDT0.045950.0120get 0.0060% / 4h3h 39m$364K$64K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$5.01
Price spread: +0.026% → 0.000%
$2.61
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.37
Costs to cover
0.120%
Break-even
13.1 days
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 36 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 BloFin live order book, 36 min ago2.17 bp21.3 bp −$2159.0 bp −$590doesn't fitdoesn'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
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04592−0.040%150xas long as short
BingX CAP-USDT+0.0070%4h0.04591−0.061%$1.6Mas long as short
Lighter CAPlong+0.0096%1h0.04594long leg$19K$2K3x
Aster CAPUSDT+0.0100%4h0.04595+0.026%$24K$54K5xas long as short
Binance CAPUSDT+0.0100%4h0.04594+0.008%$8.6M$8.2M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04589−0.104%$4.3M$4.0M10xas long as short
OKX CAP-USDT-SWAP+0.0100%4h0.04590−0.083%$2.0M$7.3M10xas long as short
Gate CAP_USDT+0.0100%4h0.04593−0.017%$308K$1.2M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04594+0.004%$530K$212K20xas long as short
KuCoin CAPUSDTM+0.0100%4h0.04596+0.048%$4.2M$1.4M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CAPUSDT+0.0100%4h0.04594+0.004%$1.0M$636K10xas long as short
Variational Omni CAP+0.0100%4h0.04590−0.077%$8K$7Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04592−0.030%$4K$2K10xas long as short
BloFin CAP-USDTshort+0.0120%4h0.04595+0.026%$364K$64K10x