Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.014%
Price spread now: ApeX Omni against Lighter−0.025%48s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1751.750% of the position
Funding, last 7 days+0.889%+$89 on $10k
+Price spread, last 3 days (all we have)+0.580%+$58 · spread now −0.025%, 7d avg +0.028%
=Together, before fees+1.469%+ Points / potential airdropLighter: Season 3 · farm board+$147 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.054% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter S | 0.03931 | 0.0096 | pay 0.0012% / 1h | 46m 52s | $165K | $222K | 5x |
| Short | ApeX Omni SUSDT | 0.03930 | 0.0100 | get 0.0013% / 1h | 46m 52s | $23K | $464K | 50x |
Lighter S
ApeX Omni SUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $0.84
- Price spread: −0.025% → +0.028%
- −$5.36
- Slippage, 4 orders
- −$165.04
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$179.56
- Costs to cover
- 1.750%
- Break-even
- 1503.3 days
Slippage from Lighter: live order book, 27 min ago; ApeX Omni: live order book, 36 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, 27 min ago | 15.24 bp | 20.0 bp −$20 | 92.2 bp −$922 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 36 min ago | 25.51 bp | 77.1 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1591% | 1h | 0.03929 | −0.049% | $33K | $30K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −2.671% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0836% | 4h | 0.03913 | −0.466% | $609K | $34K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0194% / S +0.0187% | 1h | 0.03934 | +0.086% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03930 | −0.026% | $4 | — | 15x | as long as short |
| 01 Exchange SUSD | −0.0048% | 1h | 0.03930 | −0.025% | $24K | $2K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.03934 | +0.076% | $66K | $10K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03934 | +0.086% | $606 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0026% | 4h | 0.03931 | 0.000% | $100K | $348K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.299% | $2K | $37K | 12x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
01 Exchange SUSD
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Orderly PERP_S_USDC
Injective S/USDC PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SUSDT | +0.0053% | 4h | 0.03928 | −0.080% | $43K | $212K | 10x | as long as short |
| Lighter Slong | +0.0096% | 1h | 0.03931 | long leg | $165K | $222K | 5x | |
| Hyperliquid S | +0.0100% | 1h | 0.03927 | −0.089% | $986K | $787K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03927 | −0.095% | $5.4M | $21.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03922 | −0.229% | $5.6M | $6.0M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03927 | −0.102% | $979K | $6.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03924 | −0.178% | $321K | $265K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03929 | −0.051% | $3.6M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03922 | −0.229% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03929 | −0.051% | $1.2M | $2.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03927 | −0.102% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDTshort | +0.0100% | 1h | 0.03930 | −0.025% | $23K | $464K | 50x | |
| Extended S-USD | +0.0104% | 1h | 0.03922 | −0.238% | $221K | $881K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03934 | +0.076% | $269K | $128K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0386% | 1h | 0.03930 | −0.025% | $114K | $302K | 5x | as long as short |
Aster SUSDT
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP