Funding you earn now, next payment 11:00 UTC+0.0757%/8h= +82.8% APRpaid last 24h +0.196%
Price spread now: edgeX against Lighter RH+0.085%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs+$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days+0.600%+$60 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.085%, 7d avg +0.010%
=Together, before fees+0.525%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and edgeX is 0.075% dearer against Lighter RH than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 197.76 | 0.0032 | pay 0.0004% / 1h | 27m 33s | $480K | $1.1M | 10x |
| Short | edgeX COINUSDC | 197.93 | 0.0789 | get 0.0394% / 4h | 1h 27m | $51K | $292K | 10x |
Lighter RH COIN
edgeX COINUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $158.88
- Price spread: +0.085% → +0.010%
- $7.48
- Slippage, 4 orders
- −$21.81
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $135.54
- Costs to cover
- 0.308%
- Break-even
- 1.0 days
Slippage from Lighter RH: live order book, 3 min ago; edgeX: live order book, 18 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, 3 min ago | 3.28 bp | 4.2 bp −$4 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 18 min ago | 5.30 bp | 10.2 bp −$10 | 16.1 bp −$161 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.72 | −0.020% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.89 | +0.063% | $345K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.77 | +0.004% | $106K | $853K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.84 | +0.040% | $14.6M | $75.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.85 | +0.046% | $4.7M | $5.4M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.86 | +0.051% | $3.1M | $4.3M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.90 | +0.071% | $1.2M | $6.5M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 197.91 | +0.076% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.90 | +0.070% | $782K | $932K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.94 | +0.091% | $10K | $3.3M | 10x | 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
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 197.78 | +0.010% | $1.3M | $2.5M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.76 | +0.002% | $343K | $1.9M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 197.76 | long leg | $480K | $1.1M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 198.06 | +0.152% | $20K | $31K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 197.64 | −0.061% | — | $275K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.72 | −0.020% | $14.7M | $11.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.68 | −0.040% | $120K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.80 | +0.020% | $101 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.75 | −0.005% | $334K | $2.1M | 10x | as long as short |
| Phoenix COIN | +0.0081% | 1h | 197.88 | +0.061% | $5K | $256K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.88 | +0.061% | $933K | $264K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.91 | +0.076% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.87 | +0.056% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.77 | +0.007% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.96 | +0.101% | $195K | $481K | 20x | as long as short |
| edgeX COINUSDCshort | +0.0789% | 4h | 197.93 | +0.085% | $51K | $292K | 10x |
QFEX COIN-USD
Lighter COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT