Funding you earn now, next payment 06:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h −0.014%
Price spread now: MEXC against Lighter−0.598%7-day average +0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$952as in the Funding arb table
Net, price: spread back to 7d avg − costs−$867as in the Price arb table
costs, in and out, $10k−$7967.957% of the position
Funding, last 7 days−1.566%−$157 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.598%, 7d avg +0.118%
=Together, before fees−1.503%+ Points / potential airdropLighter: Season 3 · farm board−$150 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.716% cheaper against Lighter than usual: you would sell low and buy high (−$72 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ANSEM | 0.1774 | 0.0096 | pay 0.0012% / 1h | 28m 17s | $337K | $354K | 3x |
| Short | MEXC ANSEM_USDT | 0.1763 | −0.0258 | pay 0.0129% / 4h | 2h 28m | $898K | $449K | 20x |
Lighter ANSEM
MEXC ANSEM_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$74.34
- Price spread: −0.598% → +0.118%
- −$71.59
- Slippage, 4 orders
- −$791.67
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$941.6
- Costs to cover
- 7.957%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 2 min ago; MEXC: live order book, 12 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, 2 min ago | 52.08 bp | 111.0 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 12 min ago | 2.86 bp | 190.9 bp −$191 | 1054.4 bp −$10.5K | doesn't fit | doesn't fit |
ANSEM on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ANSEM_USDTshort | −0.0258% | 4h | 0.1763 | −0.598% | $898K | $449K | 20x | |
| BingX ANSEM-USDT | −0.0180% | 4h | 0.1760 | −0.767% | — | $722K | — | as long as short |
| Lighter ANSEMlong | +0.0096% | 1h | 0.1774 | long leg | $337K | $354K | 3x | |
| Lighter RH ANSEM | +0.0096% | 1h | 0.1765 | −0.468% | $49K | $264K | 3x | as long as short |
| Aster ANSEMUSDT | +0.0100% | 1h | 0.1761 | −0.692% | $257K | $443K | 10x | as long as short |
| Gate ANSEM_USDT | +0.0100% | 4h | 0.1769 | −0.259% | $42K | $86K | 10x | as long as short |
| Phoenix ANSEM | +0.0320% | 1h | 0.1772 | −0.079% | $77K | $40K | 3x | as long as short |
| Paragon para:ANSEM | +0.2079% | 1h | 0.1771 | −0.174% | $1.6M | $1.3M | 3x | as long as short |
BingX ANSEM-USDT
Lighter RH ANSEM
Aster ANSEMUSDT
Gate ANSEM_USDT
Phoenix ANSEM
Paragon para:ANSEM