Funding you earn now, next payment 06:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.204%
Price spread now: Binance against Lighter+0.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.143% dearer against Lighter than usual: you sell high and buy low: +$14 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 | Lighter CTR | 0.01178 | 0.0096 | pay 0.0012% / 1h | 32m 43s | $9K | $359 | 3x |
| Short | Binance CTRUSDT | 0.01180 | 0.0133 | get 0.0067% / 4h | 2h 32m | $2.2M | $814K | 20x |
Lighter CTR
Binance CTRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $7.84
- Price spread: +0.143% → 0.000%
- $14.31
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.15
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 2 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 1.70 bp | 40.0 bp −$40 | 344.1 bp −$3,441 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CTRlong | +0.0096% | 1h | 0.01178 | long leg | $9K | $359 | 3x | |
| Bybit CTRUSDT | +0.0100% | 4h | 0.01179 | +0.093% | $247K | $129K | 20x | as long as short |
| Gate CTR_USDT | +0.0100% | 4h | 0.01179 | +0.085% | $113K | $15K | 20x | as long as short |
| KuCoin CTRUSDTM | +0.0100% | 4h | 0.01176 | −0.170% | $280K | $360K | 20x | as long as short |
| Binance CTRUSDTshort | +0.0133% | 4h | 0.01180 | +0.143% | $2.2M | $814K | 20x | |
| MEXC CTR_USDT | +0.0140% | 4h | 0.01180 | +0.136% | $603K | $144K | 20x | as long as short |
| Bitget CTRUSDT | +0.0338% | 4h | 0.01178 | 0.000% | $502K | $88K | 20x | as long as short |
| Aster CTRUSDT | +0.0522% | 4h | 0.01177 | −0.055% | $9K | $8K | 5x | as long as short |
Bybit CTRUSDT
Gate CTR_USDT
KuCoin CTRUSDTM
MEXC CTR_USDT
Bitget CTRUSDT
Aster CTRUSDT