Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: ApeX Omni against Lighter+0.303%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1791.786% of the position
Funding, last 7 days+0.889%+$89 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now +0.303%, 7d avg +0.027%
=Together, before fees+1.140%+ Points / potential airdropLighter: Season 3 · farm board+$114 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: ApeX Omni is 0.276% dearer against Lighter than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter S | 0.03958 | 0.0096 | pay 0.0012% / 1h | 9m 32s | $167K | $157K | 5x |
| Short | ApeX Omni SUSDT | 0.03970 | 0.0100 | get 0.0013% / 1h | 9m 32s | $24K | $463K | 50x |
Lighter S
ApeX Omni SUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $0.84
- Price spread: +0.303% → +0.027%
- $27.59
- Slippage, 4 orders
- −$168.63
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$150.21
- Costs to cover
- 1.786%
- Break-even
- 1258.7 days
Slippage from Lighter: live order book, 25 min ago; ApeX Omni: live order book, 43 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 Lighter live order book, 25 min ago | 17.71 bp | 18.1 bp −$18 | 89.3 bp −$893 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 43 min ago | 25.00 bp | 46.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.5168% | 1h | 0.03850 | −2.729% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2259% | 1h | 0.03944 | −0.357% | $33K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1344% | 1h | 0.03927 | −0.783% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.03955 | −0.078% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03953 | −0.138% | $4 | — | 15x | as long as short |
| Variational Omni S | −0.0047% | 4h | 0.03947 | −0.284% | $613K | $30K | — | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03956 | −0.050% | $610 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +3.588% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0082% | 4h | 0.03952 | −0.152% | $98K | $296K | 10x | as long as short |
| Lighter Slong | +0.0096% | 1h | 0.03958 | long leg | $167K | $157K | 5x |
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Variational Omni S
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDCShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03953 | −0.124% | $990K | $589K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03955 | −0.069% | $46K | $142K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03954 | −0.088% | $5.5M | $13.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03948 | −0.253% | $5.6M | $4.4M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03953 | −0.126% | $982K | $3.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03948 | −0.253% | $321K | $191K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03955 | −0.076% | $3.6M | $1.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03952 | −0.152% | $1.8M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03958 | 0.000% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03952 | −0.152% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDTshort | +0.0100% | 1h | 0.03970 | +0.303% | $24K | $463K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.03952 | −0.146% | $224K | $593K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03967 | +0.227% | $273K | $102K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0763% | 1h | 0.03954 | −0.101% | $66K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1396% | 1h | 0.03960 | +0.051% | $115K | $424K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP