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

CTR

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0802%/8h= +87.8% APRpaid last 24h +0.218%
Price spread now: MEXC against Lighter+0.152%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 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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and MEXC is 0.152% dearer against Lighter than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CTR0.011880.0096pay 0.0012% / 1h21m 08s$10K$3193x
ShortMEXC CTR_USDT0.011900.0898get 0.0449% / 4h1h 21m$604K$157K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Lighter. 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
$168.42
Price spread: +0.152% → 0.000%
$15.15
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee MEXC: 4 bp × 2 orders
−$8
Net
$175.57
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 54 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 Lighter no order-book sample
Sell MEXC live order book, 54 min ago1.68 bp28.4 bp −$2882.3 bp −$823391.0 bp −$39.1Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CTRlong+0.0096%1h0.01188long leg$10K$3193x
Bybit CTRUSDT+0.0100%4h0.01190+0.168%$250K$124K20xas long as short
Gate CTR_USDT+0.0100%4h0.01193+0.421%$115K$16K20xas long as short
KuCoin CTRUSDTM+0.0100%4h0.011880.000%$276K$342K20xas long as short
Aster CTRUSDT+0.0562%4h0.01189+0.083%$9K$6K5xas long as short
Bitget CTRUSDT+0.0732%4h0.01190+0.168%$543K$56K20xas long as short
Binance CTRUSDT+0.0885%4h0.01190+0.160%$2.2M$828K20xas long as short
MEXC CTR_USDTshort+0.0898%4h0.01190+0.152%$604K$157K20x