Funding you earn now, next payment 22:00 UTC+0.1116%/8h= +122.2% APRpaid last 24h +0.153%
Price spread now: Lighter against Bitget+0.448%7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1771.773% of the position
Funding, last 7 days+0.424%+$42 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.448%, 7d avg +0.178%
=Together, before fees+0.340%+ Points / potential airdropLighter: Season 3 · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Lighter is 0.270% dearer against Bitget than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.178%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.424% in total (about 22.1% 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 | Bitget CCUSDT | 0.1160 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $934K | $790K | 20x |
| Short | Lighter CC | 0.1165 | 0.1216 | get 0.0152% / 1h | 21m 23s | $233K | $161K | 5x |
Bitget CCUSDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $234.36
- Price spread: +0.448% → +0.178%
- $26.98
- Slippage, 4 orders
- −$165.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $84.01
- Costs to cover
- 1.773%
- Break-even
- 4.5 days
Slippage from Bitget: live order book, 64 min ago; Lighter: live order book, 61 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 Bitget live order book, 64 min ago | 5.55 bp | 57.3 bp −$57 | 136.3 bp −$1,363 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 61 min ago | 10.68 bp | 12.0 bp −$12 | 222.3 bp −$2,223 | 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 | −0.3670% | 1h | 0.1152 | −0.707% | $6K | $99 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1161 | +0.052% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1164 | +0.313% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1160 | −0.028% | $11.0M | $10.9M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1160 | −0.043% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1161 | +0.095% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1162 | +0.155% | $361K | $207K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1161 | +0.052% | $1.7M | $298K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1163 | +0.224% | $491K | $114K | 50x | as long as short |
| Bitget CCUSDTlong | +0.0100% | 4h | 0.1160 | long leg | $934K | $790K | 20x |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1160 | −0.009% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1161 | +0.052% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1164 | +0.354% | $580K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1162 | +0.147% | $86K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1159 | −0.102% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1161 | +0.034% | $586K | $104K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0440% / S −0.0239% | 1h | 0.1161 | +0.073% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.0526% | 1h | 0.1163 | +0.207% | $5.4M | $1.3M | 3x | as long as short |
| Lighter CCshort | +0.1216% | 1h | 0.1165 | +0.448% | $233K | $161K | 5x |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC