Funding you earn now, next payment 08:00 UTC+0.0676%/8h= +74.0% APRpaid last 24h +0.067%
Price spread now: Lighter against MEXC+0.119%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs+$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as 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−0.084%−$8 · spread now +0.119%, 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 for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.076% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.042%.
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 | MEXC EUR_USDT | 1.1466 | −0.0276 | get 0.0138% / 4h | 49m 05s | $6.8M | $133K | 100x |
| Short | Lighter EURUSD | 1.1480 | 0.0400 | get 0.0050% / 1h | 49m 05s | $2.2M | $384K | 50x |
MEXC EUR_USDT
Lighter EURUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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: +0.119% → +0.042%
- $7.64
- Slippage, 4 orders
- −$2.98
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $138.62
- Costs to cover
- 0.110%
- Break-even
- 0.2 days
Slippage from MEXC: live order book, 4 min ago; Lighter: live order book, 3 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 MEXC live order book, 4 min ago | 0.44 bp | 4.5 bp −$4 | 5.2 bp −$52 | 30.6 bp −$3,062 | 135.0 bp −$67.5K |
| Sell Lighter live order book, 3 min ago | 0.70 bp | 0.7 bp −$1 | 6.1 bp −$61 | 43.8 bp −$4,384 | doesn't fit |
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_USDTlong | −0.0276% | 4h | 1.1466 | long leg | $6.8M | $133K | 100x | |
| Kraken Futures PF_EURUSD | −0.0020% | 1h | 1.1464 | −0.017% | $3K | — | 50x | as long as short |
| Bybit EURUSDUSDT | 0.0000% | 8h | 1.1482 | +0.144% | $580K | $311K | 100x | as long as short |
| Gate EURUSD_USDT | 0.0000% | 8h | 1.1476 | +0.087% | $144K | $5K | 100x | as long as short |
| Bitget EURUSDUSDT | 0.0000% | 8h | 1.1473 | +0.061% | $263K | $25K | 100x | as long as short |
| Orderly PERP_EURUSD_USDC | 0.0000% | 8h | 1.1461 | −0.044% | $198K | $73K | 50x | as long as short |
| SunX EURUSD-USDT | 0.0000% | 1h | 1.1472 | +0.052% | — | $2.4M | 10x | as long as short |
| HTX EURUSD-USDT | 0.0000% | 1h | 1.1469 | +0.026% | $13K | $272K | 20x | as long as short |
| Extended EUR-USD | +0.0032% | 1h | 1.1463 | −0.023% | $6.8M | $1.2M | 100x | as long as short |
| Injective EURUSD/USDC PERP | +0.0033% | 1h | 1.1466 | +0.003% | $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 | 0.000% | $467K | $159K | 40x | as long as short |
| Vest EUR-USD-PERP | +0.0046% | 1h | 1.1495 | +0.251% | — | $241K | 100x | as long as short |
| Pacifica EURUSD | +0.0100% | 1h | 1.1467 | +0.009% | $191K | $60K | 50x | as long as short |
| Aevo EURUSD-PERP | +0.0104% | 1h | 1.1476 | +0.090% | $12K | — | 10x | as long as short |
| Hotstuff EURUSD-PERP | +0.0216% | 1h | 1.1473 | +0.061% | $33K | — | 50x | as long as short |
| Hibachi EUR/USDT-P | +0.0240% | 1h | 1.1465 | −0.010% | $164K | $8.3M | 30x | as long as short |
| tradeXYZ xyz:EUR | +0.0257% | 1h | 1.1472 | +0.052% | $23.2M | $1.6M | 50x | as long as short |
| Lighter EURUSDshort | +0.0400% | 1h | 1.1480 | +0.119% | $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