Funding you earn now, next payment 23:00 UTC+0.1180%/8h= +129.2% APRpaid last 24h +0.168%
Price spread now: Lighter against Paradex+0.373%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and Lighter is 0.373% dearer against Paradex than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex CC-USD-PERP | 0.1162 | 0.0092 | pay 0.0092% / 8h | 1h 21m | $1K | — | 5x |
| Short | Lighter CC | 0.1167 | 0.1272 | get 0.0159% / 1h | 21m 54s | $234K | $152K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Paradex. 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
- $247.7
- Price spread: +0.373% → 0.000%
- $37.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $281
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 52 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 52 min ago | 11.60 bp | 12.9 bp −$13 | 231.0 bp −$2,310 | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3951% | 1h | 0.1147 | −1.322% | $6K | $99 | 5.5x | as long as short |
| Gate CC_USDT | +0.0090% | 4h | 0.1161 | −0.143% | $360K | $212K | 50x | as long as short |
| Paradex CC-USD-PERPlong | +0.0092% | 8h | 0.1162 | long leg | $1K | — | 5x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1163 | +0.014% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1162 | −0.031% | $11.0M | $11.1M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1162 | −0.074% | $10.5M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1163 | +0.063% | $2.5M | $3.4M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1162 | −0.023% | $1.7M | $312K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1163 | +0.029% | $492K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1162 | −0.031% | $927K | $788K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1161 | −0.092% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1162 | −0.040% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1160 | −0.194% | $578K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1162 | −0.045% | $87K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1161 | −0.146% | $7K | $35K | 6.7x | as long as short |
| Hyperliquid CC | +0.0171% | 1h | 0.1164 | +0.184% | $5.4M | $1.4M | 3x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1162 | −0.049% | $584K | $105K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1162 | −0.014% | $43K | — | 50x | as long as short |
| Lighter CCshort | +0.1272% | 1h | 0.1167 | +0.373% | $234K | $152K | 5x |
Paradex CC-USD-PERP
Lighter CC
Injective CC/USDC PERP
Gate CC_USDT
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]