Funding you earn now, next payment 05:00 UTC+0.0796%/8h= +87.2% APRpaid last 24h +0.222%
Price spread now: Lighter against BingX+0.459%7-day average +0.229% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days+0.485%+$49 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.459%, 7d avg +0.229%
=Together, before fees+0.342%+ Points / potential airdropLighter: Season 3 · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.230% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.229%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.485% in total (about 25.3% 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 | BingX CC-USDT | 0.1176 | 0.0100 | pay 0.0050% / 4h | 3h 32m | — | $6.6M | — |
| Short | Lighter CC | 0.1182 | 0.0896 | get 0.0112% / 1h | 32m 35s | $255K | $166K | 5x |
BingX CC-USDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $167.16
- Price spread: +0.459% → +0.229%
- $23.02
- Slippage, 4 orders
- −$132.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $48.08
- Costs to cover
- 1.421%
- Break-even
- 5.0 days
Slippage from BingX: live order book, 4 min ago; Lighter: live order book, 3 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 BingX live order book, 4 min ago | 5.11 bp | 22.5 bp −$22 | 75.9 bp −$759 | 432.3 bp −$43.2K | 1141.1 bp −$570.6K |
| Sell Lighter live order book, 3 min ago | 13.13 bp | 17.5 bp −$17 | 272.5 bp −$2,725 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CC_USDT | −0.0076% | 4h | 0.1176 | −0.026% | $1.7M | $331K | 100x | as long as short |
| Bybit CCUSDT | −0.0072% | 4h | 0.1176 | −0.051% | $10.8M | $3.8M | 25x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.332% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1176 | +0.007% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1179 | +0.230% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1176 | +0.032% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1176 | −0.043% | $11.1M | $11.8M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1176 | +0.017% | $2.6M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1176 | −0.043% | $365K | $209K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1177 | +0.068% | $485K | $106K | 50x | as long as short |
MEXC CC_USDT
Bybit CCUSDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1177 | +0.051% | $922K | $771K | 20x | as long as short |
| BingX CC-USDTlong | +0.0100% | 4h | 0.1176 | long leg | — | $6.6M | — | |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1176 | −0.034% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1175 | −0.094% | $598K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1176 | +0.014% | $85K | $2.6M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1174 | −0.142% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1176 | −0.051% | $593K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1176 | +0.013% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.0896% | 1h | 0.1182 | +0.459% | $255K | $166K | 5x |
Bitget CCUSDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]