Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.059%
Price spread now: Lighter against MEXC+0.170%7-day average +0.257% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days−0.418%−$42 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.170%, 7d avg +0.257%
=Together, before fees−0.437%+ Points / potential airdropLighter: Season 3 · farm board−$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.087% cheaper against MEXC than usual: you would sell low and buy high (spread +0.170% now, against its 7-day average of +0.257%). If the spread goes back, that is −$9 on $10k: about 5.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.418%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUD_USDT | 0.7120 | −0.0034 | get 0.0017% / 4h | 3h 22m | $9.8M | $230K | 100x |
| Short | Lighter AUDUSD | 0.7132 | 0.0016 | get 0.0002% / 1h | 22m 26s | $529K | $91K | 25x |
MEXC AUD_USDT
Lighter AUDUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: +0.170% → +0.257%
- −$8.7
- Slippage, 4 orders
- −$25.04
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$31.23
- Costs to cover
- 0.330%
- Break-even
- 27.8 days
Slippage from MEXC: live order book, 6 min ago; Lighter: live order book, 23 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 MEXC live order book, 6 min ago | 2.11 bp | 6.1 bp −$6 | 6.1 bp −$61 | 13.6 bp −$1,357 | 122.4 bp −$61.2K |
| Sell Lighter live order book, 23 min ago | 10.37 bp | 10.5 bp −$10 | 16.5 bp −$165 | 60.2 bp −$6,024 | doesn't fit |
AUD on 5 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 AUD_USDTlong | −0.0034% | 4h | 0.7120 | long leg | $9.8M | $230K | 100x | |
| Lighter AUDUSDshort | +0.0016% | 1h | 0.7132 | +0.170% | $529K | $91K | 25x | |
| Injective AUDUSD/USDC PERP | +0.0033% | 1h | 0.7110 | −0.135% | $592 | $3 | 101x | as long as short |
| Vest AUD-USD-PERP | +0.0034% | 1h | 0.7105 | −0.218% | — | $71K | 100x | as long as short |
| Hibachi AUD/USDT-P | +0.0256% | 1h | 0.7123 | +0.042% | $9K | $2.4M | 20x | as long as short |
Injective AUDUSD/USDC PERP
Vest AUD-USD-PERP
Hibachi AUD/USDT-P