Funding you earn now, next payment 07:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against MEXC+0.020%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as 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)+0.265%+$27 · spread now +0.020%, 7d avg +0.047%
=Together, before fees+1.280%+ Points / potential airdropLighter RH: Points live · farm board+$128 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.027% cheaper against MEXC than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.047%). If the spread goes back, that is −$3 on $10k: about 2.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+1.015% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USO_USDT | 150.50 | 0 | get 0.0000% / 8h | 1h 17m | $745K | $104K | 20x |
| Short | Lighter RH USO | 150.53 | 0.0032 | get 0.0004% / 1h | 17m 24s | $340K | $140K | 10x |
MEXC USO_USDT
Lighter RH USOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: +0.020% → +0.047%
- −$2.66
- Slippage, 4 orders
- −$132.95
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$128.89
- Costs to cover
- 1.330%
- Break-even
- 141.3 days
Slippage from MEXC: live order book, 18 min ago; Lighter RH: live order book, 25 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, 18 min ago | 11.97 bp | 66.7 bp −$67 | 292.0 bp −$2,920 | 342.9 bp −$34.3K | doesn't fit |
| Sell Lighter RH live order book, 25 min ago | 4.65 bp | 10.3 bp −$10 | 52.2 bp −$522 | doesn't fit | 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 | +0.146% | $196K | $229K | 20x | as long as short |
| MEXC USO_USDTlong | 0.0000% | 8h | 150.50 | long leg | $745K | $104K | 20x | |
| Lighter RH USOshort | +0.0032% | 1h | 150.53 | +0.020% | $340K | $140K | 10x | |
| Arcus USO-USD | +0.0040% | 1h | 150.50 | 0.000% | $348K | $93K | 20x | as long as short |
| ApeX Omni USOUSDT | +0.0100% | 1h | 150.56 | +0.040% | $67K | $13K | 50x | as long as short |
OKX USO-USDT-SWAP
Arcus USO-USD
ApeX Omni USOUSDT