Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1172%/8h= +128.3% APRpaid last 24h +0.166%
Price spread now: Lighter against MEXC+0.413%7-day average +0.231% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.514%+$51 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.413%, 7d avg +0.231%
Together, before fees+0.448%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Lighter is 0.182% dearer against MEXC than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.231%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.514% in total (about 26.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CC_USDT0.11620.0100pay 0.0050% / 4h1h 22m$1.7M$312K100x
ShortLighter CC0.11670.1272get 0.0159% / 1h22m 02s$234K$152K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$246.12
Price spread: +0.413% → +0.231%
$18.21
Slippage, 4 orders
−$53.88
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$206.45
Costs to cover
0.579%
Break-even
1.1 days
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.43 bp6.7 bp −$751.2 bp −$512256.9 bp −$25.7K820.7 bp −$410.4K
Sell Lighter live order book, 52 min ago11.60 bp12.9 bp −$13231.0 bp −$2,310doesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3951%1h0.1147−1.282%$6K$995.5xas long as short
Gate CC_USDT+0.0090%4h0.1161−0.112%$360K$212K50xas long as short
Paradex CC-USD-PERP+0.0092%8h0.1162+0.040%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1163+0.071%$34K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1162+0.034%$11.0M$11.1M75xas long as short
Bybit CCUSDT+0.0100%4h0.1162−0.034%$10.5M$3.8M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1163+0.103%$2.5M$3.4M20xas long as short
MEXC CC_USDTlong+0.0100%4h0.1162long leg$1.7M$312K100x
KuCoin CCUSDTM+0.0100%4h0.1163+0.086%$492K$115K50xas long as short
Bitget CCUSDT+0.0100%4h0.1162+0.017%$927K$788K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1161−0.052%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.11620.000%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1160−0.154%$578K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1162−0.005%$87K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1161−0.106%$7K$35K6.7xas long as short
Hyperliquid CC+0.0171%1h0.1164+0.224%$5.4M$1.4M3xas long as short
BloFin CC-USDT+0.0340%4h0.1162−0.009%$584K$105K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0441% / S −0.0239%1h0.1162+0.026%$43K50xas long as short
Lighter CCshort+0.1272%1h0.1167+0.413%$234K$152K5x