Funding you earn now, next payment 00:00 UTC−0.1375%/8h= −150.6% APRpaid last 24h −0.182%
Price spread now: Paradex against Lighter−0.403%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Paradex is 0.403% cheaper against Lighter than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CC | 0.1186 | 0.1472 | pay 0.0184% / 1h | 45m 57s | $237K | $153K | 5x |
| Short | Paradex CC-USD-PERP | 0.1181 | 0.0097 | get 0.0097% / 8h | 45m 57s | $1K | — | 5x |
Lighter CC
Paradex CC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$288.81
- Price spread: −0.403% → 0.000%
- −$40.27
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$333.08
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 15 min ago; Paradex: 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 Lighter live order book, 15 min ago | 8.13 bp | 35.3 bp −$35 | 361.2 bp −$3,612 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.3320% | 1h | 0.1156 | −2.538% | $6K | $97 | 5.5x | as long as short |
| Paradex CC-USD-PERPshort | +0.0097% | 8h | 0.1181 | −0.403% | $1K | — | 5x | |
| Aster CCUSDT | +0.0100% | 4h | 0.1183 | −0.263% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1182 | −0.312% | $11.1M | $11.0M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1182 | −0.329% | $10.7M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1184 | −0.152% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1181 | −0.447% | $366K | $213K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1182 | −0.320% | $1.6M | $313K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1183 | −0.236% | $501K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1183 | −0.236% | $944K | $787K | 20x | as long as short |
Injective CC/USDC PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1183 | −0.287% | — | $6.6M | — | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1177 | −0.775% | $587K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1179 | −0.590% | $85K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1181 | −0.464% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1181 | −0.438% | $587K | $107K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0447% / S −0.0241% | 1h | 0.1181 | −0.390% | $44K | — | 50x | as long as short |
| Backpack CC_USDC_PERP | +0.0455% | 1h | 0.1183 | −0.295% | $15K | $22K | 10x | as long as short |
| Hyperliquid CC | +0.0834% | 1h | 0.1185 | −0.093% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CClong | +0.1472% | 1h | 0.1186 | long leg | $237K | $153K | 5x |
BingX CC-USDT
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Backpack CC_USDC_PERP
Hyperliquid CC