Funding you earn now, next payment 22:00 UTC+0.1644%/8h= +180.0% APRpaid last 24h +0.133%
Price spread now: Lighter against Binance+0.408%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
Funding, last 7 days+0.415%+$42 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.408%, 7d avg +0.228%
=Together, before fees+0.249%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$49 a day on $10k at the current rate, and Lighter is 0.180% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.228%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.415% in total (about 21.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CCUSDT | 0.1165 | 0.0100 | pay 0.0050% / 4h | 2h 58m | $11.1M | $10.8M | 75x |
| Short | Lighter CC | 0.1170 | 0.1744 | get 0.0218% / 1h | 58m 23s | $234K | $160K | 5x |
Binance CCUSDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $345.24
- Price spread: +0.408% → +0.228%
- $18.02
- Slippage, 4 orders
- −$103.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $249.95
- Costs to cover
- 1.133%
- Break-even
- 1.9 days
Slippage from Binance: live order book, 12 min ago; Lighter: live order book, 24 min ago.
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 Binance live order book, 12 min ago | 2.15 bp | 14.2 bp −$14 | 61.0 bp −$610 | 479.5 bp −$48.0K | doesn't fit |
| Sell Lighter live order book, 24 min ago | 10.68 bp | 12.0 bp −$12 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3670% | 1h | 0.1152 | −1.145% | $6K | $96 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1166 | +0.026% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1166 | +0.048% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTlong | +0.0100% | 4h | 0.1165 | long leg | $11.1M | $10.8M | 75x | |
| Bybit CCUSDT | +0.0100% | 4h | 0.1165 | −0.046% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1166 | +0.014% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1164 | −0.072% | $362K | $206K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1165 | −0.021% | $1.7M | $293K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1166 | +0.022% | $492K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1166 | +0.039% | $958K | $751K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1165 | −0.012% | — | $6.6M | — | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1165 | −0.011% | $580K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1165 | +0.008% | $81K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1164 | −0.111% | $7K | $35K | 6.7x | as long as short |
| Backpack CC_USDC_PERP | +0.0125% | 1h | 0.1165 | −0.003% | $17K | $21K | 10x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1166 | +0.014% | $588K | $99K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1166 | +0.018% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.1051% | 1h | 0.1168 | +0.220% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CCshort | +0.1744% | 1h | 0.1170 | +0.408% | $234K | $160K | 5x |
BingX CC-USDT
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Backpack CC_USDC_PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC