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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%
Price spread now: Gate against Lighter−0.011%7-day average · you buy dearer than you sell
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CAP0.046370.0096pay 0.0012% / 1h20m 33s$19K$2K3x
ShortGate CAP_USDT0.046360.0100get 0.0050% / 4h1h 20m$324K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.011% → 0.000%
−$1.08
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$15.24
Costs to cover
0.150%
Break-even
134.0 days
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago5.41 bp42.3 bp −$4296.1 bp −$961doesn'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
KuCoin CAPUSDTM−0.0490%4h0.04635−0.032%$4.4M$1.4M10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04635−0.035%150xas long as short
OKX CAP-USDT-SWAP+0.0058%4h0.04638+0.032%$2.1M$7.3M10xas long as short
Lighter CAPlong+0.0096%1h0.04637long leg$19K$2K3x
Aster CAPUSDT+0.0100%4h0.04635−0.033%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04638+0.032%$8.9M$9.0M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04636−0.011%$4.5M$4.2M10xas long as short
Gate CAP_USDTshort+0.0100%4h0.04636−0.011%$324K$1.2M20x
MEXC CAP_USDT+0.0100%4h0.04637+0.011%$547K$233K20xas long as short
Bitget CAPUSDT+0.0100%4h0.04637+0.011%$1.0M$594K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CAP-USDT+0.0100%4h0.04639+0.054%$1.6Mas long as short
Variational Omni CAP+0.0100%4h0.04636−0.008%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04631−0.110%$4K$1K10xas long as short
BloFin CAP-USDT+0.0115%4h0.04630−0.140%$376K$61K10xas long as short