Funding you earn now, next payment 22:00 UTC−0.1124%/8h= −123.1% APRpaid last 24h −0.153%
Price spread now: Bitget against Lighter−0.369%7-day average −0.178% · you buy dearer than you sell
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as 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)+0.005%+$1 · spread now −0.369%, 7d avg −0.178%
=Together, before fees−0.419%+ Points / potential airdropLighter: Season 3 · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Bitget is 0.191% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.178%). Swap the legs.
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 | Lighter CC | 0.1165 | 0.1224 | pay 0.0153% / 1h | 22m 48s | $233K | $161K | 5x |
| Short | Bitget CCUSDT | 0.1161 | 0.0100 | get 0.0050% / 4h | 2h 22m | $934K | $790K | 20x |
Lighter CC
Bitget CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$236.04
- Price spread: −0.369% → −0.178%
- −$19.07
- Slippage, 4 orders
- −$165.33
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$432.44
- Costs to cover
- 1.773%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 60 min ago; Bitget: live order book, 63 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, 60 min ago | 10.68 bp | 66.0 bp −$66 | 409.4 bp −$4,094 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 5.55 bp | 42.0 bp −$42 | 125.3 bp −$1,253 | 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 | −1.133% | $6K | $99 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1160 | −0.408% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1163 | −0.152% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1161 | −0.398% | $11.0M | $10.9M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1161 | −0.360% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1162 | −0.309% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1163 | −0.223% | $361K | $207K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1161 | −0.395% | $1.7M | $298K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1163 | −0.172% | $491K | $114K | 50x | as long as short |
| Bitget CCUSDTshort | +0.0100% | 4h | 0.1161 | −0.369% | $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 | 0.1162 | −0.309% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1161 | −0.360% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1164 | −0.076% | $580K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1164 | −0.077% | $86K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1160 | −0.434% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1161 | −0.395% | $586K | $104K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1162 | −0.257% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.0539% | 1h | 0.1163 | −0.172% | $5.4M | $1.3M | 3x | as long as short |
| Lighter CClong | +0.1224% | 1h | 0.1165 | long leg | $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