Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter against MEXC−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no 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: Lighter is 0.028% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CAP_USDT | 0.04610 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $560K | $237K | 20x |
| Short | Lighter CAP | 0.04609 | 0.0096 | get 0.0012% / 1h | 5m 11s | $19K | $2K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- −$0.84
- Price spread: −0.028% → 0.000%
- −$2.82
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.66
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 55 min ago; Lighter: no order-book sample. 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 MEXC live order book, 55 min ago | 1.09 bp | 10.8 bp −$11 | 47.2 bp −$472 | 242.8 bp −$24.3K | 789.4 bp −$394.7K |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 13 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0738% | 4h | 0.04611 | +0.022% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0361% | 4h | 0.04608 | −0.043% | $2.1M | $7.1M | 10x | as long as short |
| Bitget CAPUSDT | −0.0016% | 4h | 0.04608 | −0.043% | $1.0M | $591K | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04609 | −0.020% | — | — | 150x | as long as short |
| Lighter CAPshort | +0.0096% | 1h | 0.04609 | −0.028% | $19K | $2K | 3x | |
| Aster CAPUSDT | +0.0100% | 4h | 0.04614 | +0.080% | $26K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04611 | +0.011% | $9.0M | $8.8M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04609 | −0.022% | $4.5M | $4.1M | 10x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04612 | +0.043% | $327K | $1.2M | 20x | as long as short |
| MEXC CAP_USDTlong | +0.0100% | 4h | 0.04610 | long leg | $560K | $237K | 20x |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAP-USDT | +0.0100% | 4h | 0.04609 | −0.022% | — | $1.6M | — | as long as short |
| Variational Omni CAP | +0.0100% | 4h | 0.04609 | −0.017% | $8K | $8K | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04614 | +0.082% | $5K | $582 | 10x | as long as short |
MEXC CAP_USDT
Lighter CAP
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
Bitget CAPUSDT
gTrade (Gains Network) CAP/USD
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDT
Gate CAP_USDT
BingX CAP-USDT
Variational Omni CAP