Funding you earn now, next payment 09:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.006%
Price spread now: Aevo against Lighter+0.190%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.190% dearer against Lighter than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter COIN | 195.03 | 0.0032 | pay 0.0004% / 1h | 33m 33s | $359K | $2.0M | 10x |
| Short | Aevo COIN-PERP | 195.40 | 0.0104 | get 0.0013% / 1h | 33m 33s | $115 | — | 10x |
Lighter COIN
Aevo COIN-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo 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
- $15.12
- Price spread: +0.190% → 0.000%
- $19.01
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $18.13
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
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, 3 min ago | 1.69 bp | 1.7 bp −$2 | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 194.87 | −0.083% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0105% | 8h | 195.04 | +0.004% | $6.3M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0062% | 1h | 194.63 | −0.206% | — | $324K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.31 | +0.142% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.04 | +0.004% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.03 | −0.001% | $3.0M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.17 | +0.071% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.35 | +0.164% | $658K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.39 | +0.184% | $19K | $3.0M | 10x | as long as short |
| Lighter COINlong | +0.0032% | 1h | 195.03 | long leg | $359K | $2.0M | 10x |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 195.03 | −0.001% | $466K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 195.06 | +0.014% | $104K | $860K | 10x | as long as short |
| Binance COINUSDT | +0.0032% | 8h | 195.07 | +0.019% | $14.8M | $81.5M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.28 | +0.127% | $17K | $57K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 195.02 | −0.006% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 194.86 | −0.088% | $15.0M | $12.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 194.90 | −0.068% | $134K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.34 | +0.158% | $74 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.92 | −0.057% | $430K | $2.5M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.01 | −0.011% | $981K | $186K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.35 | +0.163% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.34 | +0.158% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERPshort | +0.0104% | 1h | 195.40 | +0.190% | $115 | — | 10x | |
| BloFin COIN-USDT | +0.0140% | 8h | 195.30 | +0.137% | $187K | $473K | 20x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 195.00 | −0.016% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0711% | 4h | 195.34 | +0.156% | $50K | $295K | 10x | as long as short |
Lighter RH COIN
Extended COIN_24_5-USD
Binance COINUSDT
Arcus COIN-USD
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC