Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter RH−0.069%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.069%, 7d avg −0.008%
=Together, before fees+0.109%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.061% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.008%). If the spread goes back, that is −$6 on $10k: about 3.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 202.28 | 0.0032 | pay 0.0004% / 1h | 41m 12s | $434K | $1.8M | 10x |
| Short | ApeX Omni COINUSDT | 202.14 | 0.0100 | get 0.0013% / 1h | 41m 12s | $91K | $328K | 50x |
Lighter RH COIN
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter RH. 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
- $14.28
- Price spread: −0.069% → −0.008%
- −$6.09
- Slippage, 4 orders
- −$10.65
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$12.46
- Costs to cover
- 0.207%
- Break-even
- 13.1 days
Slippage from Lighter RH: live order book, 2 min ago; ApeX Omni: live order book, 36 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 RH live order book, 2 min ago | 1.98 bp | 2.3 bp −$2 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 2.73 bp | 7.7 bp −$8 | 11.5 bp −$115 | doesn't fit | doesn't fit |
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 | 202.22 | −0.030% | $45K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.28 | +0.002% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.26 | −0.008% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.31 | +0.015% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.36 | +0.040% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.32 | +0.020% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.29 | +0.005% | $1.3M | $7.0M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.30 | +0.010% | $841K | $1.1M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.35 | +0.035% | $12K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0012% | 8h | 202.39 | +0.054% | $6.9M | $10.1M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 202.26 | −0.010% | $1.4M | $3.9M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 202.28 | long leg | $434K | $1.8M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 202.35 | +0.035% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.18 | −0.049% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.24 | −0.020% | $140K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.30 | +0.010% | $75 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.16 | −0.059% | $367K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.18 | −0.049% | $1.0M | $141K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 202.14 | −0.069% | $91K | $328K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.28 | 0.000% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.31 | +0.015% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.31 | +0.015% | $199K | $342K | 20x | as long as short |
| Lighter COIN | +0.0184% | 1h | 202.30 | +0.009% | $377K | $2.0M | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.35 | +0.035% | $5K | $279K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0281% | 1h | 202.29 | +0.005% | $16.5M | $13.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0309% | 4h | 202.37 | +0.044% | $52K | $295K | 10x | as long as short |
QFEX COIN-USD
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
tradeXYZ xyz:COIN
edgeX COINUSDC