Funding you earn now, next payment 04:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.215%
Price spread now: Lighter against BingX+0.436%7-day average +0.226% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days+0.477%+$48 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.436%, 7d avg +0.226%
=Together, before fees+0.410%+ Points / potential airdropLighter: Season 3 · farm board+$41 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 0.210% dearer against BingX than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.226%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CC-USDT | 0.1169 | 0.0100 | pay 0.0050% / 4h | 40m 33s | — | $6.6M | — |
| Short | Lighter CC | 0.1174 | 0.0760 | get 0.0095% / 1h | 40m 33s | $243K | $160K | 5x |
BingX CC-USDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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
- $138.6
- Price spread: +0.436% → +0.226%
- $21.01
- Slippage, 4 orders
- −$83.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $66.34
- Costs to cover
- 0.933%
- Break-even
- 3.6 days
Slippage from BingX: live order book, 11 min ago; Lighter: live order book, 65 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 BingX live order book, 11 min ago | 5.14 bp | 22.8 bp −$23 | 74.6 bp −$746 | 457.9 bp −$45.8K | 1197.2 bp −$598.6K |
| Sell Lighter live order book, 65 min ago | 7.66 bp | 21.2 bp −$21 | 240.7 bp −$2,407 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3024% | 1h | 0.1180 | +0.915% | $402 | $3K | 5.5x | as long as short |
| MEXC CC_USDT | −0.0164% | 4h | 0.1171 | +0.111% | $1.7M | $324K | 100x | as long as short |
| Bybit CCUSDT | −0.0156% | 4h | 0.1172 | +0.197% | $10.7M | $3.9M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1169 | −0.058% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1173 | +0.342% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1169 | +0.009% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1171 | +0.160% | $11.1M | $12.2M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1172 | +0.222% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1168 | −0.086% | $362K | $216K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1172 | +0.257% | $483K | $122K | 50x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1173 | +0.291% | $916K | $781K | 20x | as long as short |
| BingX CC-USDTlong | +0.0100% | 4h | 0.1169 | long leg | — | $6.6M | — | |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1168 | −0.077% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1168 | −0.095% | $595K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1165 | −0.405% | $89K | $2.4M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1167 | −0.165% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1164 | −0.453% | $593K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1169 | −0.021% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.0760% | 1h | 0.1174 | +0.436% | $243K | $160K | 5x |
Bitget CCUSDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]