Funding you earn now, next payment 08:00 UTC−0.0676%/8h= −74.0% APRpaid last 24h −0.067%
Price spread now: MEXC against Lighter−0.118%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$110.110% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.118%, 7d avg −0.042%
=Together, before fees−0.284%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and MEXC is 0.076% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.368% in total (about -19.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EURUSD | 1.1480 | 0.0400 | pay 0.0050% / 1h | 49m 06s | $2.2M | $384K | 50x |
| Short | MEXC EUR_USDT | 1.1466 | −0.0276 | pay 0.0138% / 4h | 49m 06s | $6.8M | $133K | 100x |
Lighter EURUSD
MEXC EUR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Lighter. 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
- −$141.96
- Price spread: −0.118% → −0.042%
- −$7.63
- Slippage, 4 orders
- −$2.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$160.56
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; MEXC: live order book, 4 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 live order book, 3 min ago | 0.70 bp | 1.4 bp −$1 | 8.5 bp −$85 | 62.6 bp −$6,263 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.44 bp | 4.4 bp −$4 | 4.6 bp −$46 | 36.2 bp −$3,616 | 143.5 bp −$71.8K |
EUR on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC EUR_USDTshort | −0.0276% | 4h | 1.1466 | −0.118% | $6.8M | $133K | 100x | |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1464 | −0.136% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1482 | +0.025% | $580K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | −0.031% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | −0.057% | $263K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1461 | −0.162% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1472 | −0.066% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1469 | −0.092% | $13K | $272K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1463 | −0.141% | $6.8M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | −0.115% | $9K | $78K | 101x | as long as short |
Kraken Futures PF_EURUSD
Bybit EURUSDUSDT
Gate EURUSD_USDT
Bitget EURUSDUSDT
Orderly PERP_EURUSD_USDC
SunX EURUSD-USDT
HTX EURUSD-USDT
Extended EUR-USD
Injective EURUSD/USDC PERPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado EURUSD-PERP | +0.0045% | 1h | 1.1466 | −0.119% | $467K | $159K | 40x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.132% | — | $241K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1467 | −0.110% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1476 | −0.028% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0216% | 1h | 1.1473 | −0.057% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0240% | 1h | 1.1465 | −0.128% | $164K | $8.3M | 30x | as long as short |
| tradeXYZ xyz:EUR | +0.0257% | 1h | 1.1472 | −0.066% | $23.2M | $1.6M | 50x | as long as short |
| Lighter EURUSDlong | +0.0400% | 1h | 1.1480 | long leg | $2.2M | $384K | 50x |
Nado EURUSD-PERP
Vest EUR-USD-PERP
Pacifica EURUSD
Aevo EURUSD-PERP
Hotstuff EURUSD-PERP
Hibachi EUR/USDT-P
tradeXYZ xyz:EUR