LIGHT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: MEXC against BloFin+0.272%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1231.225% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.272%, 7d avg −0.024%

Together, before fees−0.275%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.296% dearer against BloFin than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LIGHT-USDT	0.1839	0.0280	pay 0.0140% / 4h	1h 58m	$241K	$15K	10x
Short	MEXC LIGHT_USDT	0.1844	0.0280	get 0.0140% / 4h	1h 58m	$1.4M	$310K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.272%Rate

Funding earned: −$0.1
Price spread: +0.272% → −0.024%: $29.56
Slippage, 4 orders: −$110.51
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$93.05
Costs to cover: 1.225%
Break-even: never at this rate

Slippage from BloFin: live order book, 18 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 BloFin live order book, 18 min ago	2.74 bp	30.8 bp −$31	151.6 bp −$1,516	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.73 bp	33.2 bp −$33	154.2 bp −$1,542	268.4 bp −$26.8K	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	0.1844	+0.272%	$915K	$1.4M	10x	as long as short
Gate LIGHT_USDT	+0.0100%	8h	0.1842	+0.163%	$2.3M	$553K	10x	as long as short
KuCoin LIGHTUSDTM	+0.0100%	4h	0.1839	+0.022%	$2.0M	$2.5M	10x	as long as short
SunX LIGHT-USDT	+0.0100%	4h	0.1836	−0.163%	$1K	$1.5M	20x	as long as short
Aster LIGHTUSDT	+0.0166%	4h	0.1839	−0.014%	$22K	$6K	5x	as long as short
Bybit LIGHTUSDT	+0.0270%	4h	0.1844	+0.266%	$2.2M	$622K	13x	as long as short
MEXC LIGHT_USDTshort	+0.0280%	4h	0.1844	+0.272%	$1.4M	$310K	50x
BloFin LIGHT-USDTlong	+0.0280%	4h	0.1839	long leg	$241K	$15K	10x
Binance LIGHTUSDT	+0.0281%	4h	0.1844	+0.272%	$4.2M	$3.2M	10x	as long as short