Funding you earn now, next payment 04:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Binance0.000%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LIGHTUSDT | 0.1808 | 0.0383 | pay 0.0191% / 4h | 29m 24s | $4.1M | $3.1M | 10x |
| Short | MEXC LIGHT_USDT | 0.1808 | 0.0382 | get 0.0191% / 4h | 29m 24s | $1.4M | $291K | 50x |
Binance LIGHTUSDT
MEXC LIGHT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$0.16
- Price spread: 0.000% → −0.010%
- $1.03
- Slippage, 4 orders
- −$115
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$124.13
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 2 min ago.
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 Binance live order book, 7 min ago | 5.54 bp | 36.6 bp −$37 | 256.9 bp −$2,569 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.77 bp | 26.0 bp −$26 | 137.6 bp −$1,376 | 269.3 bp −$26.9K | doesn't fit |
LIGHT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1810 | +0.111% | $898K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1809 | +0.055% | $2.3M | $563K | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1807 | −0.055% | $2K | $1.4M | 20x | as long as short |
| Aster LIGHTUSDT | +0.0266% | 4h | 0.1808 | +0.005% | $22K | $6K | 5x | as long as short |
| KuCoin LIGHTUSDTM | +0.0274% | 4h | 0.1807 | −0.033% | $2.0M | $2.5M | 10x | as long as short |
| BloFin LIGHT-USDT | +0.0351% | 4h | 0.1809 | +0.055% | $238K | $18K | 10x | as long as short |
| MEXC LIGHT_USDTshort | +0.0382% | 4h | 0.1808 | 0.000% | $1.4M | $291K | 50x | |
| Binance LIGHTUSDTlong | +0.0383% | 4h | 0.1808 | long leg | $4.1M | $3.1M | 10x | |
| Bybit LIGHTUSDT | +0.0473% | 4h | 0.1809 | +0.077% | $2.2M | $608K | 13x | as long as short |
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
Aster LIGHTUSDT
KuCoin LIGHTUSDTM
BloFin LIGHT-USDT
Bybit LIGHTUSDT