Funding you earn now, next payment 01:00 UTC−0.0748%/8h= −81.9% APRpaid last 24h −0.191%
Price spread now: Variational Omni against Lighter−0.516%7-day average −0.253% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.431%−$43 on $10k
+Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.516%, 7d avg −0.253%
=Together, before fees−0.235%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Variational Omni is 0.263% cheaper against Lighter than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.253%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CC | 0.1201 | 0.0848 | pay 0.0106% / 1h | 19m 24s | $238K | $154K | 5x |
| Short | Variational Omni CC | 0.1195 | 0.0100 | get 0.0050% / 4h | 3h 19m | $608K | $55K | — |
Lighter CC
Variational Omni CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$157.08
- Price spread: −0.516% → −0.253%
- −$26.34
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$183.42
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 36 min ago; Variational Omni: RFQ quote, 55 min ago. Net counts fees only.
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 | 10.54 bp | 34.2 bp −$34 | 384.0 bp −$3,840 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 55 min ago | 12.71 bp | doesn't fit | 351.5 bp −$3,515 | 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 | 0.1174 | −2.224% | $6K | $99 | 5.5x | as long as short |
| MEXC CC_USDT | −0.0538% | 4h | 0.1195 | −0.458% | $1.7M | $315K | 100x | as long as short |
| Bybit CCUSDT | −0.0496% | 4h | 0.1196 | −0.433% | $10.9M | $3.8M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1195 | −0.435% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1198 | −0.183% | $5.6M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1195 | −0.500% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1196 | −0.425% | $11.3M | $11.4M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1197 | −0.300% | $2.6M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1197 | −0.333% | $370K | $213K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1196 | −0.358% | $502K | $119K | 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
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 | 0.1197 | −0.350% | $955K | $781K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1196 | −0.383% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1196 | −0.383% | $16K | $22K | 10x | as long as short |
| Variational Omni CCshort | +0.0100% | 4h | 0.1195 | −0.516% | $608K | $55K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1195 | −0.500% | $90K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1195 | −0.449% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1194 | −0.550% | $597K | $105K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0451% / S −0.0241% | 1h | 0.1196 | −0.395% | $45K | — | 50x | as long as short |
| Lighter CClong | +0.0848% | 1h | 0.1201 | long leg | $238K | $154K | 5x |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]