Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter RH+0.005%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 RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 197.90 | 0.0032 | pay 0.0004% / 1h | 29m 33s | $452K | $1.5M | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 197.91 | 0.0100 | get 0.0100% / 8h | 5h 29m | $572 | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.005% → 0.000%
- $0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $8.79
- Costs to cover
- 0.060%
- Break-even
- 2.7 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Orderly: 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 RH live order book, 3 min ago | 2.78 bp | 4.0 bp −$4 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0762% | 8h | 198.01 | +0.056% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.59 | −0.157% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0187% | 8h | 198.01 | +0.056% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0090% | 1h | 197.52 | −0.192% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.02 | +0.058% | $350K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.90 | +0.002% | $119K | $691K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.94 | +0.022% | $15.0M | $78.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.01 | +0.056% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.99 | +0.045% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.92 | +0.012% | $686K | $1.0M | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.91 | +0.005% | $19K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.91 | +0.005% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.92 | +0.009% | $367K | $2.0M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 197.90 | long leg | $452K | $1.5M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 197.88 | −0.010% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.91 | +0.005% | $15.6M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.96 | +0.030% | $126K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.92 | +0.010% | $83 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.70 | −0.101% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.81 | −0.045% | $996K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.98 | +0.040% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 197.91 | +0.005% | $572 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.93 | +0.016% | $117 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0111% | 4h | 197.62 | −0.141% | $51K | $295K | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.11 | +0.106% | $189K | $392K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.56 | −0.172% | $5K | $281K | 10x | as long as short |
Lighter RH COIN
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
edgeX COINUSDC
BloFin COIN-USDT
Phoenix COIN