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+0.1180%/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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CC-USD-PERP0.11620.0092pay 0.0092% / 8h1h 21m$1K5x
ShortLighter CC0.11670.1272get 0.0159% / 1h21m 54s$234K$152K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Lighter live order book, 52 min ago11.60 bp12.9 bp −$13231.0 bp −$2,310doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3951%1h0.1147−1.322%$6K$995.5xas long as short
Gate CC_USDT+0.0090%4h0.1161−0.143%$360K$212K50xas long as short
Paradex CC-USD-PERPlong+0.0092%8h0.1162long leg$1K5x
Aster CCUSDT+0.0100%4h0.1163+0.014%$34K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1162−0.031%$11.0M$11.1M75xas long as short
Bybit CCUSDT+0.0100%4h0.1162−0.074%$10.5M$3.8M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1163+0.063%$2.5M$3.4M20xas long as short
MEXC CC_USDT+0.0100%4h0.1162−0.023%$1.7M$312K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1163+0.029%$492K$115K50xas long as short
Bitget CCUSDT+0.0100%4h0.1162−0.031%$927K$788K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1161−0.092%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1162−0.040%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1160−0.194%$578K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1162−0.045%$87K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1161−0.146%$7K$35K6.7xas long as short
Hyperliquid CC+0.0171%1h0.1164+0.184%$5.4M$1.4M3xas long as short
BloFin CC-USDT+0.0340%4h0.1162−0.049%$584K$105K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0441% / S −0.0239%1h0.1162−0.014%$43K50xas long as short
Lighter CCshort+0.1272%1h0.1167+0.373%$234K$152K5x