Funding you earn now, next payment 00:00 UTC+0.1068%/8h= +116.9% APRpaid last 24h +0.180%
Price spread now: Lighter against OKX+0.297%7-day average +0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$920.925% of the position
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.297%, 7d avg +0.202%
=Together, before fees+0.429%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Lighter is 0.095% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.202%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.441% in total (about 23.0% 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 | OKX CC-USDT-SWAP | 0.1179 | 0.0100 | pay 0.0050% / 4h | 27m 13s | $2.5M | $3.5M | 20x |
| Short | Lighter CC | 0.1183 | 0.1168 | get 0.0146% / 1h | 27m 13s | $236K | $154K | 5x |
OKX CC-USDT-SWAP
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $224.28
- Price spread: +0.297% → +0.202%
- $9.49
- Slippage, 4 orders
- −$82.46
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $141.31
- Costs to cover
- 0.925%
- Break-even
- 2.6 days
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 33 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 OKX live order book, 5 min ago | 1.70 bp | 26.3 bp −$26 | 841.3 bp −$8,413 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 33 min ago | 8.13 bp | 9.8 bp −$10 | 253.3 bp −$2,533 | 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 | −0.3320% | 1h | 0.1164 | −1.281% | $6K | $99 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1178 | −0.071% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1180 | +0.051% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1177 | −0.153% | $11.1M | $11.1M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1178 | −0.102% | $10.7M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAPlong | +0.0100% | 4h | 0.1179 | long leg | $2.5M | $3.5M | 20x | |
| Gate CC_USDT | +0.0100% | 4h | 0.1179 | −0.042% | $364K | $214K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1178 | −0.127% | $1.6M | $315K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1180 | +0.042% | $499K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1180 | +0.051% | $942K | $788K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1178 | −0.093% | — | $6.6M | — | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1179 | +0.010% | $586K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1180 | +0.042% | $82K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1177 | −0.138% | $6K | $36K | 6.7x | as long as short |
| Backpack CC_USDC_PERP | +0.0191% | 1h | 0.1178 | −0.076% | $15K | $22K | 10x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1179 | +0.008% | $591K | $107K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0447% / S −0.0241% | 1h | 0.1179 | −0.033% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0620% | 1h | 0.1180 | +0.110% | $5.5M | $1.4M | 3x | as long as short |
| Lighter CCshort | +0.1168% | 1h | 0.1183 | +0.297% | $236K | $154K | 5x |
BingX CC-USDT
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Backpack CC_USDC_PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC