Settings8H · net · $10k
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Funding arb · Price arb /

COIN

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.029%
Price spread now: OKX against Lighter RH+0.020%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Long on Lighter RHShort on OKX
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.020%, 7d avg +0.014%
Together, before fees+0.082%+ Points / potential airdropLighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH COIN202.280.0032pay 0.0004% / 1h41m 09s$434K$1.8M10x
ShortOKX COIN-USDT-SWAP202.320get 0.0000% / 8h41m 09s$3.3M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$6.72
Price spread: +0.020% → +0.014%
$0.54
Slippage, 4 orders
−$20.53
Fee Lighter RH: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$36.71
Costs to cover
0.305%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 2 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 2 min ago1.98 bp2.3 bp −$28.7 bp −$87doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.98 bp11.8 bp −$1218.1 bp −$181doesn't fitdoesn't fit

COIN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERP−0.0440%1h202.22−0.030%$45K$49K30xas long as short
Aster COINUSDT0.0000%8h202.28+0.002%$371K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h202.26−0.008%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h202.31+0.015%$15.7M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h202.36+0.040%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAPshort0.0000%8h202.32+0.020%$3.3M$4.7M20x
Gate COIN_USDT0.0000%8h202.29+0.005%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h202.30+0.010%$841K$1.1M—as long as short
GRVT COIN_USDT_Perp0.0000%8h202.35+0.035%$12K$2.0M10xas long as short
Bitget COINUSDT+0.0012%8h202.39+0.054%$6.9M$10.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h202.26−0.010%$1.4M$3.9M10xas long as short
Lighter RH COINlong+0.0032%1h202.28long leg$434K$1.8M10x
Arcus COIN-USD+0.0040%1h202.35+0.035%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h202.18−0.049%—$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h202.24−0.020%$140K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h202.30+0.010%$75$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h202.16−0.059%$367K$3.3M10xas long as short
KuCoin COINUSDTM+0.0100%8h202.18−0.049%$1.0M$141K20xas long as short
ApeX Omni COINUSDT+0.0100%1h202.14−0.069%$91K$328K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h202.280.000%$585$4K10xas long as short
Aevo COIN-PERP+0.0104%1h202.31+0.015%$119—10xas long as short
BloFin COIN-USDT+0.0120%8h202.31+0.015%$199K$342K20xas long as short
Lighter COIN+0.0184%1h202.30+0.009%$377K$2.0M10xas long as short
Phoenix COIN+0.0238%1h202.35+0.035%$5K$279K10xas long as short
tradeXYZ xyz:COIN+0.0281%1h202.29+0.005%$16.5M$13.1M10xas long as short
edgeX COINUSDC+0.0309%4h202.37+0.044%$52K$295K10xas long as short