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 +0.005%
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
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: 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CAP_USDT0.046100.0100pay 0.0050% / 4h2h 05m$560K$237K20x
ShortLighter CAP0.046090.0096get 0.0012% / 1h5m 11s$19K$2K3x

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 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: −0.028% → 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 55 min ago1.09 bp10.8 bp −$1147.2 bp −$472242.8 bp −$24.3K789.4 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTM−0.0738%4h0.04611+0.022%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0361%4h0.04608−0.043%$2.1M$7.1M10xas long as short
Bitget CAPUSDT−0.0016%4h0.04608−0.043%$1.0M$591K10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04609−0.020%150xas long as short
Lighter CAPshort+0.0096%1h0.04609−0.028%$19K$2K3x
Aster CAPUSDT+0.0100%4h0.04614+0.080%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04611+0.011%$9.0M$8.8M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04609−0.022%$4.5M$4.1M10xas long as short
Gate CAP_USDT+0.0100%4h0.04612+0.043%$327K$1.2M20xas long as short
MEXC CAP_USDTlong+0.0100%4h0.04610long leg$560K$237K20x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CAP-USDT+0.0100%4h0.04609−0.022%$1.6Mas long as short
Variational Omni CAP+0.0100%4h0.04609−0.017%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04614+0.082%$5K$58210xas long as short