Funding you earn now, next payment 01:00 UTC+0.0692%/8h= +75.8% APRpaid last 24h +0.191%
Price spread now: Lighter against Gate+0.473%7-day average +0.274% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$3173.172% of the position
Funding, last 7 days+0.468%+$47 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.473%, 7d avg +0.274%
=Together, before fees+0.345%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter is 0.199% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.274%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.468% in total (about 24.4% 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 | Gate CC_USDT | 0.1184 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $365K | $212K | 50x |
| Short | Lighter CC | 0.1190 | 0.0792 | get 0.0099% / 1h | 46m 51s | $237K | $152K | 5x |
Gate CC_USDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $145.32
- Price spread: +0.473% → +0.274%
- $19.95
- Slippage, 4 orders
- −$302.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$151.89
- Costs to cover
- 3.172%
- Break-even
- 14.3 days
Slippage from Gate: live order book, 23 min ago; Lighter: live order book, 9 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 Gate live order book, 23 min ago | 10.59 bp | 225.0 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 9 min ago | 10.54 bp | 11.8 bp −$12 | 241.7 bp −$2,417 | 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 | −0.4522% | 1h | 0.1170 | −1.174% | $6K | $97 | 5.5x | as long as short |
| MEXC CC_USDT | −0.0952% | 4h | 0.1186 | +0.160% | $1.6M | $313K | 100x | as long as short |
| Bybit CCUSDT | −0.0765% | 4h | 0.1186 | +0.169% | $10.7M | $3.8M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1183 | −0.098% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1187 | +0.270% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1185 | +0.127% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1185 | +0.118% | $11.2M | $11.4M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1186 | +0.186% | $2.6M | $3.6M | 20x | as long as short |
| Gate CC_USDTlong | +0.0100% | 4h | 0.1184 | long leg | $365K | $212K | 50x | |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1186 | +0.194% | $502K | $117K | 50x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1185 | +0.127% | $945K | $791K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1186 | +0.211% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1185 | +0.084% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1181 | −0.218% | $589K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1182 | −0.151% | $92K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1183 | −0.041% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1182 | −0.194% | $591K | $110K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1184 | −0.022% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.0792% | 1h | 0.1190 | +0.473% | $237K | $152K | 5x |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]