Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: MEXC against Lighter RH−0.027%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days−1.015%−$101 on $10k
+Price spread, last 4 days (all we have)−0.258%−$26 · spread now −0.027%, 7d avg −0.047%
=Together, before fees−1.273%+ Points / potential airdropLighter RH: Points live · farm board−$127 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, 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 | Lighter RH USO | 150.53 | 0.0032 | pay 0.0004% / 1h | 17m 43s | $340K | $140K | 10x |
| Short | MEXC USO_USDT | 150.49 | 0 | get 0.0000% / 8h | 1h 17m | $745K | $104K | 20x |
Lighter RH USO
MEXC USO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$6.72
- Price spread: −0.027% → −0.047%
- $1.99
- Slippage, 4 orders
- −$132.95
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$137.68
- Costs to cover
- 1.330%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 24 min ago; MEXC: live order book, 18 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 RH live order book, 24 min ago | 4.65 bp | 5.6 bp −$6 | 51.4 bp −$514 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 18 min ago | 11.97 bp | 50.3 bp −$50 | 267.5 bp −$2,675 | 305.0 bp −$30.5K | doesn't fit |
USO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX USO-USDT-SWAP | 0.0000% | 8h | 150.72 | +0.126% | $196K | $229K | 20x | as long as short |
| MEXC USO_USDTshort | 0.0000% | 8h | 150.49 | −0.027% | $745K | $104K | 20x | |
| Lighter RH USOlong | +0.0032% | 1h | 150.53 | long leg | $340K | $140K | 10x | |
| Arcus USO-USD | +0.0040% | 1h | 150.50 | −0.020% | $348K | $93K | 20x | as long as short |
| ApeX Omni USOUSDT | +0.0100% | 1h | 150.56 | +0.020% | $67K | $13K | 50x | as long as short |
OKX USO-USDT-SWAP
Arcus USO-USD
ApeX Omni USOUSDT