Funding you earn now, next payment 03:00 UTC−0.1556%/8h= −170.4% APRpaid last 24h −0.188%
Price spread now: MEXC against Lighter−0.257%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1101.097% of the position
Funding, last 7 days−0.502%−$50 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.257%, 7d avg −0.095%
=Together, before fees−0.572%+ Points / potential airdropLighter: Season 3 · farm board−$57 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and MEXC is 0.161% cheaper against Lighter than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.502% in total (about -26.2% 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 0G | 0.2339 | 0.1656 | pay 0.0207% / 1h | 26m 07s | $49K | $104K | 3x |
| Short | MEXC 0G_USDT | 0.2333 | 0.0100 | get 0.0050% / 4h | 1h 26m | $2.0M | $193K | 50x |
Lighter 0G
MEXC 0G_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
- −$326.76
- Price spread: −0.257% → −0.095%
- −$16.12
- Slippage, 4 orders
- −$105.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$452.61
- Costs to cover
- 1.097%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 9 min ago; MEXC: live order book, 1 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, 9 min ago | 10.74 bp | 40.8 bp −$41 | 105.4 bp −$1,054 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.14 bp | 8.4 bp −$8 | 42.0 bp −$420 | 179.2 bp −$17.9K | 271.8 bp −$135.9K |
0G on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX 0G-USDT | −0.0890% | 4h | 0.2332 | −0.299% | — | $6.5M | — | as long as short |
| GMX 0G/USD [WBTC.b-USDC] | L −0.0235% / S +0.0198% | 1h | 0.2330 | −0.376% | $2K | — | 100x | as long as short |
| Aster 0GUSDT | +0.0100% | 4h | 0.2331 | −0.327% | $17K | $43K | 5x | as long as short |
| Binance 0GUSDT | +0.0100% | 4h | 0.2333 | −0.257% | $6.9M | $8.8M | 50x | as long as short |
| Bybit 0GUSDT | +0.0100% | 4h | 0.2332 | −0.299% | $2.3M | $2.3M | 50x | as long as short |
| OKX 0G-USDT-SWAP | +0.0100% | 4h | 0.2335 | −0.171% | $902K | $2.3M | 20x | as long as short |
| Gate 0G_USDT | +0.0100% | 8h | 0.2332 | −0.299% | $604K | $146K | 50x | as long as short |
| MEXC 0G_USDTshort | +0.0100% | 4h | 0.2333 | −0.257% | $2.0M | $193K | 50x | |
| Bitget 0GUSDT | +0.0100% | 4h | 0.2335 | −0.171% | $1.9M | $720K | 50x | as long as short |
| Variational Omni 0G | +0.0100% | 4h | 0.2328 | −0.491% | $13K | $3K | — | as long as short |
BingX 0G-USDT
GMX 0G/USD [WBTC.b-USDC]
Aster 0GUSDT
Binance 0GUSDT
Bybit 0GUSDT
OKX 0G-USDT-SWAP
Gate 0G_USDT
Bitget 0GUSDT
Variational Omni 0GShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni 0GUSDT | +0.0100% | 1h | 0.2330 | −0.389% | $18K | $623K | 50x | as long as short |
| KuCoin 0GUSDTM | +0.0118% | 4h | 0.2333 | −0.244% | $2.4M | $2.4M | 50x | as long as short |
| BloFin 0G-USDT | +0.0119% | 4h | 0.2327 | −0.513% | $326K | $9K | 50x | as long as short |
| Backpack 0G_USDC_PERP | +0.0666% | 1h | 0.2333 | −0.257% | $33K | $50K | 5x | as long as short |
| Hyperliquid 0G | +0.0899% | 1h | 0.2336 | −0.107% | $2.5M | $502K | 3x | as long as short |
| Lighter 0Glong | +0.1656% | 1h | 0.2339 | long leg | $49K | $104K | 3x |
ApeX Omni 0GUSDT
KuCoin 0GUSDTM
BloFin 0G-USDT
Backpack 0G_USDC_PERP
Hyperliquid 0G