Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.011%
Price spread now: Lighter RH against SoDEX+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COIN-USD | 196.37 | 0.0050 | pay 0.0006% / 1h | 7m 11s | $83 | $3K | 10x |
| Short | Lighter RH COIN | 196.40 | 0.0032 | get 0.0004% / 1h | 7m 11s | $454K | $1.5M | 10x |
SoDEX COIN-USD
Lighter RH COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SoDEX. 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
- −$3.78
- Price spread: +0.015% → 0.000%
- $1.53
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$10.25
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter RH: live order book, just now. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, just now | 2.55 bp | 3.2 bp −$3 | 8.4 bp −$84 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0733% | 8h | 196.55 | +0.092% | $6.2M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.32 | −0.025% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0227% | 8h | 196.50 | +0.066% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.75 | −0.316% | — | $262K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.34 | −0.013% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.40 | +0.015% | $116K | $845K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.45 | +0.041% | $14.6M | $80.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.42 | +0.025% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.46 | +0.046% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.37 | −0.001% | $682K | $939K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.32 | −0.023% | $20K | $2.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.36 | −0.005% | $1.3M | $3.1M | 10x | as long as short |
| Lighter RH COINshort | +0.0032% | 1h | 196.40 | +0.015% | $454K | $1.5M | 10x | |
| Lighter COIN | +0.0040% | 1h | 196.45 | +0.039% | $380K | $2.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.51 | +0.071% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.32 | −0.025% | $15.3M | $13.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.35 | −0.010% | $133K | $1.2M | 10x | as long as short |
| SoDEX COIN-USDlong | +0.0050% | 1h | 196.37 | long leg | $83 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.21 | −0.081% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.32 | −0.025% | $989K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.26 | −0.056% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.41 | +0.020% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.39 | +0.009% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.49 | +0.061% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.37 | 0.000% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0805% | 4h | 196.36 | −0.005% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC