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 +0.002%
Price spread now: Lighter against Orderly−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
LongOrderly PERP_CAP_USDC_mythos0.046620.0100pay 0.0050% / 4h1h 42m$5K$58210x
ShortLighter CAP0.046610.0096get 0.0012% / 1h42m 59s$20K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Orderly. 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%
−$1.07
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
−$7.91
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Lighter no order-book sample
Orderly and 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−0.0662%4h0.04655−0.142%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0197%4h0.04662+0.009%$2.1M$7.3M10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04660−0.032%150xas long as short
Bitget CAPUSDT+0.0066%4h0.04655−0.142%$1.0M$590K10xas long as short
BloFin CAP-USDT+0.0070%4h0.04663+0.030%$379K$60K10xas long as short
Lighter CAPshort+0.0096%1h0.04661−0.011%$20K$2K3x
Aster CAPUSDT+0.0100%4h0.04663+0.039%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04660−0.034%$9.0M$8.8M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04658−0.077%$4.5M$4.1M10xas long as short
Gate CAP_USDT+0.0100%4h0.04662+0.009%$329K$1.2M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CAP_USDT+0.0100%4h0.04660−0.034%$556K$230K20xas long as short
BingX CAP-USDT+0.0100%4h0.04660−0.034%$1.6Mas long as short
Variational Omni CAP+0.0100%4h0.04669+0.163%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythoslong+0.0100%4h0.04662long leg$5K$58210x