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

FF

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0294%/8h= +32.2% APRpaid last 24h +0.071%
Price spread now: Lighter against MEXC+0.330%7-day average +0.246% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$800.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.372%+$37 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.330%, 7d avg +0.246%
Together, before fees+0.287%+ Points / potential airdropLighter: Season 3 · farm board+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Lighter is 0.084% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.246%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC FF_USDT0.1273−0.0198get 0.0099% / 4h1h 43m$10.0M$3.6M50x
ShortLighter FF0.12770.0096get 0.0012% / 1h43m 37s$135K$65K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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
$61.74
Price spread: +0.330% → +0.246%
$8.42
Slippage, 4 orders
−$75.61
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
−$9.45
Costs to cover
0.796%
Break-even
8.1 days
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 30 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.39 bp7.6 bp −$833.0 bp −$330198.6 bp −$19.9Kdoesn't fit
Sell Lighter live order book, 30 min ago7.05 bp16.5 bp −$1688.2 bp −$882doesn't fitdoesn't fit

FF on 11 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
Binance FFUSDT−0.0199%4h0.1273+0.016%$43.0M$50.8M20xas long as short
MEXC FF_USDTlong−0.0198%4h0.1273long leg$10.0M$3.6M50x
BloFin FF-USDT−0.0188%4h0.1272−0.024%$2.3M$442K20xas long as short
Bybit FFUSDT+0.0043%4h0.12730.000%$14.3M$13.0M20xas long as short
Lighter FFshort+0.0096%1h0.1277+0.330%$135K$65K3x
Aster FFUSDT+0.0100%4h0.1274+0.118%$1.2M$33K5xas long as short
Gate FF_USDT+0.0100%4h0.1275+0.189%$26.8M$3.5M50xas long as short
KuCoin FFUSDTM+0.0100%4h0.1275+0.165%$8.6M$6.7M20xas long as short
Bitget FFUSDT+0.0100%4h0.1274+0.079%$18.5M$4.8M5xas long as short
BingX FF-USDT+0.0100%4h0.1273+0.039%$7.0Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX FF-USDT+0.0100%4h0.1273−0.008%$2K$2.8M20xas long as short