Funding you earn now, next payment 00:00 UTC+0.1188%/8h= +130.1% APRpaid last 24h +0.180%
Price spread now: Lighter against Variational Omni+0.462%7-day average +0.250% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.425%+$42 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.462%, 7d avg +0.250%
=Together, before fees+0.314%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Lighter is 0.213% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.250%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CC | 0.1175 | 0.0100 | pay 0.0050% / 4h | 34m 41s | $587K | $43K | — |
| Short | Lighter CC | 0.1181 | 0.1288 | get 0.0161% / 1h | 34m 41s | $236K | $153K | 5x |
Variational Omni CC
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $249.48
- Price spread: +0.462% → +0.250%
- $21.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $270.75
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 44 min ago; Lighter: live order book, 26 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 Variational Omni RFQ quote, 44 min ago | 8.61 bp | doesn't fit | 413.4 bp −$4,134 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 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 | 0.1156 | −1.656% | $6K | $97 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1177 | +0.153% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1178 | +0.178% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1176 | +0.063% | $11.1M | $11.1M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1177 | +0.122% | $10.6M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1178 | +0.216% | $2.5M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1175 | −0.065% | $363K | $214K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1177 | +0.088% | $1.6M | $314K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1178 | +0.190% | $499K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1176 | +0.054% | $938K | $787K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
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 | 0.1176 | +0.003% | — | $6.6M | — | as long as short |
| Variational Omni CClong | +0.0100% | 4h | 0.1175 | long leg | $587K | $43K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1179 | +0.284% | $82K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1176 | +0.021% | $6K | $36K | 6.7x | as long as short |
| Backpack CC_USDC_PERP | +0.0277% | 1h | 0.1176 | +0.063% | $15K | $22K | 10x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1175 | −0.023% | $588K | $107K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0446% / S −0.0241% | 1h | 0.1177 | +0.143% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0683% | 1h | 0.1178 | +0.224% | $5.5M | $1.4M | 3x | as long as short |
| Lighter CCshort | +0.1288% | 1h | 0.1181 | +0.462% | $236K | $153K | 5x |
BingX CC-USDT
GRVT CC_USDT_Perp
Derive CC-PERP
Backpack CC_USDC_PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC