Funding you earn now, next payment 04:00 UTC−0.0580%/8h= −63.5% APRpaid last 24h −0.215%
Price spread now: Binance against Lighter−0.451%7-day average −0.249% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1231.228% of the position
Funding, last 7 days−0.500%−$50 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.451%, 7d avg −0.249%
=Together, before fees−0.330%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Binance is 0.202% cheaper against Lighter than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.249%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CC | 0.1175 | 0.0680 | pay 0.0085% / 1h | 4m 15s | $243K | $160K | 5x |
| Short | Binance CCUSDT | 0.1170 | 0.0100 | get 0.0050% / 4h | 4m 15s | $11.0M | $12.1M | 75x |
Lighter CC
Binance CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- −$121.8
- Price spread: −0.451% → −0.249%
- −$20.23
- Slippage, 4 orders
- −$112.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$264.85
- Costs to cover
- 1.228%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 36 min ago; Binance: live order book, 6 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 Lighter live order book, 36 min ago | 29.76 bp | 50.9 bp −$51 | 392.1 bp −$3,921 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.99 bp | 20.0 bp −$20 | 80.7 bp −$807 | 514.4 bp −$51.4K | 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 | −0.3024% | 1h | 0.1180 | +0.391% | $402 | $3K | 5.5x | as long as short |
| Bybit CCUSDT | −0.0211% | 4h | 0.1169 | −0.519% | $10.7M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0202% | 4h | 0.1169 | −0.519% | $1.7M | $333K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1169 | −0.567% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1172 | −0.264% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1169 | −0.553% | $34K | $32K | 20x | as long as short |
| Binance CCUSDTshort | +0.0100% | 4h | 0.1170 | −0.451% | $11.0M | $12.1M | 75x | |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1171 | −0.383% | $2.5M | $3.2M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1170 | −0.451% | $362K | $217K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1170 | −0.442% | $482K | $122K | 50x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster 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 | 0.1171 | −0.417% | $916K | $783K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1170 | −0.434% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1168 | −0.587% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1168 | −0.613% | $596K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1170 | −0.444% | $84K | $2.5M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1168 | −0.590% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1169 | −0.527% | $594K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1171 | −0.406% | $44K | — | 50x | as long as short |
| Lighter CClong | +0.0680% | 1h | 0.1175 | long leg | $243K | $160K | 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]