Funding you earn now, next payment 12:00 UTC+0.0750%/8h= +82.1% APRpaid last 24h +0.169%
Price spread now: Lighter against MEXC+0.165%7-day average +0.205% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2092.095% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.165%, 7d avg +0.205%
=Together, before fees+0.347%+ Points / potential airdropLighter: Season 3 · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.040% cheaper against MEXC than usual: you would sell low and buy high (spread +0.165% now, against its 7-day average of +0.205%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$23 a day). At the pace of the last 7 days (+0.286% in total) that is about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.286% in total (about 14.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BBSTOCK_USDT | 9.0500 | 0.0314 | pay 0.0314% / 8h | 4h 09m | $358K | $143K | 50x |
| Short | Lighter BB | 9.0649 | 0.1064 | get 0.0133% / 1h | 9m 17s | $198K | $160K | 10x |
MEXC BBSTOCK_USDT
Lighter BBFunding 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
- $157.5
- Price spread: +0.165% → +0.205%
- −$4.04
- Slippage, 4 orders
- −$209.46
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$55.99
- Costs to cover
- 2.095%
- Break-even
- 9.5 days
Slippage from MEXC: live order book, 14 min ago; Lighter: live order book, 14 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, 14 min ago | 16.38 bp | 79.0 bp −$79 | 198.4 bp −$1,984 | 224.1 bp −$22.4K | 307.9 bp −$154.0K |
| Sell Lighter live order book, 14 min ago | 17.90 bp | 17.9 bp −$18 | 27.8 bp −$278 | 73.4 bp −$7,343 | doesn't fit |
BB on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 9.0510 | +0.011% | $57K | $33K | 20x | as long as short |
| QFEX BB-USD | +0.0046% | 1h | 9.0600 | +0.110% | $1.1M | $267K | 10x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 9.0600 | +0.110% | — | $1K | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0050% | 1h | 9.0391 | −0.120% | $602K | $491K | 10x | as long as short |
| MEXC BBSTOCK_USDTlong | +0.0314% | 8h | 9.0500 | long leg | $358K | $143K | 50x | |
| OKX BB-USDT-SWAP | +0.0505% | 8h | 9.0540 | +0.044% | $396K | $1.0M | 20x | as long as short |
| tradeXYZ xyz:BB | +0.0962% | 1h | 9.0500 | 0.000% | $11.5M | $4.5M | 10x | as long as short |
| Extended BB-USD | +0.0968% | 1h | 9.0520 | +0.022% | $9K | $13K | 10x | as long as short |
| Lighter BBshort | +0.1064% | 1h | 9.0649 | +0.165% | $198K | $160K | 10x |
Bitget BBSTOCKUSDT
QFEX BB-USD
Vest BB-USD-PERP
Ondo Perps BB-USD.P
OKX BB-USDT-SWAP
tradeXYZ xyz:BB
Extended BB-USD