CC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0568%/8h= +62.2% APRnext payment +$0.71 per $10,000 · paid last 24h +0.063%

Price spread now: Lighter against GMX+0.259%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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 +$17 a day on $10k at the current rate, and Lighter is 0.259% dearer against GMX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX CC/USD [WBTC.b-USDC]	0.1158	L +0.0440% / S −0.0239%	pay 0.0055% / 1h	58m 30s	$43K	—	50x
Short	Lighter CC	0.1161	0.1008	get 0.0126% / 1h	58m 30s	$232K	$148K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.259%Rate

Funding earned: $119.27
Price spread: +0.259% → 0.000%: $25.91
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $133.17
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 15 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 15 min ago	11.60 bp	12.9 bp −$13	231.0 bp −$2,310	doesn't fit	doesn't fit

GMX: 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.

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	−0.3951%	1h	0.1146	−1.036%	$6K	$96	5.5x	as long as short
Gate CC_USDT	+0.0004%	4h	0.1155	−0.216%	$359K	$207K	50x	as long as short
Bybit CCUSDT	+0.0072%	4h	0.1156	−0.173%	$10.4M	$3.7M	25x	as long as short
Paradex CC-USD-PERP	+0.0088%	8h	0.1156	−0.143%	$1K	—	5x	as long as short
MEXC CC_USDT	+0.0090%	4h	0.1156	−0.173%	$1.6M	$293K	100x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1158	+0.009%	$5.4M	$1.3M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1157	−0.086%	$34K	$39K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1156	−0.181%	$11.0M	$10.9M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1157	−0.086%	$2.5M	$3.3M	20x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1158	−0.026%	$489K	$114K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1158	−0.043%	$928K	$792K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1156	−0.147%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1157	−0.069%	$16K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1156	−0.164%	$577K	$43K	—	as long as short
GRVT CC_USDT_Perp	+0.0100%	4h	0.1157	−0.048%	$85K	$2.2M	10x	as long as short
Derive CC-PERP	+0.0100%	1h	0.1156	−0.157%	$7K	$35K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1157	−0.130%	$584K	$104K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]long	L +0.0440% / S −0.0239%	1h	0.1158	long leg	$43K	—	50x
Lighter CCshort	+0.1008%	1h	0.1161	+0.259%	$232K	$148K	5x