Funding you earn now, next payment 21:00 UTC+0.1460%/8h= +159.9% APRpaid last 24h +0.244%
Price spread now: Lighter against MEXC+0.416%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.910%+$91 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Lighter is 0.416% dearer against MEXC than usual: you sell high and buy low: +$42 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.910% in total (about 47.4% 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 APEX_USDT | 0.2574 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $634K | $234K | 50x |
| Short | Lighter APEX | 0.2585 | 0.1560 | get 0.0195% / 1h | 30m 39s | $54K | $20K | 5x |
Funding 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
- $306.6
- Price spread: +0.416% → 0.000%
- $41.57
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $344.17
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 14 min ago; Lighter: no order-book sample. Net counts fees only.
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, 14 min ago | 1.95 bp | 23.1 bp −$23 | 116.7 bp −$1,167 | 873.6 bp −$87.4K | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2573 | −0.039% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDTlong | +0.0100% | 4h | 0.2574 | long leg | $634K | $234K | 50x | |
| BingX APEX-USDT | +0.0100% | 4h | 0.2575 | +0.039% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2577 | +0.099% | $17K | $4K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2570 | −0.155% | $137K | $481K | 50x | as long as short |
| BloFin APEX-USDT | +0.0155% | 4h | 0.2573 | −0.039% | $93K | $1K | 25x | as long as short |
| Lighter APEXshort | +0.1560% | 1h | 0.2585 | +0.416% | $54K | $20K | 5x | |
| Hyperliquid APEX | +0.1780% | 1h | 0.2585 | +0.416% | $2.9M | $122K | 3x | as long as short |
MEXC APEX_USDT
Lighter APEX
Bybit APEXUSDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
BloFin APEX-USDT
Hyperliquid APEX