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

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0725%/8h= −79.4% APRpaid last 24h −0.242%
Price spread now: Lighter against Binance−0.167%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Lighter is 0.167% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CTRUSDT0.011990.0821pay 0.0411% / 4h3h 49m$2.3M$820K20x
ShortLighter CTR0.011970.0096get 0.0012% / 1h49m 30s$10K$3293x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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
−$152.36
Price spread: −0.167% → 0.000%
−$16.68
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$179.04
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Lighter: no order-book sample. 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 Binance live order book, 15 min ago2.51 bp71.6 bp −$72649.3 bp −$6,493doesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: 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.

CTR on 8 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
Lighter CTRshort+0.0096%1h0.01197−0.167%$10K$3293x
Bybit CTRUSDT+0.0100%4h0.01199+0.017%$251K$124K20xas long as short
Gate CTR_USDT+0.0100%4h0.01196−0.250%$115K$15K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.01196−0.250%$278K$352K20xas long as short
Bitget CTRUSDT+0.0594%4h0.01198−0.083%$549K$56K20xas long as short
Aster CTRUSDT+0.0711%4h0.01199+0.032%$9K$6K5xas long as short
MEXC CTR_USDT+0.0816%4h0.01199+0.025%$607K$139K20xas long as short
Binance CTRUSDTlong+0.0821%4h0.01199long leg$2.3M$820K20x