S

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%

Price spread now: MEXC against Lighter−0.025%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs+$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$540.542% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.809%+$81 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.025%, 7d avg −0.021%

Together, before fees+0.731%+ Points / potential airdropLighter: Season 3 · farm board+$73 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter S	0.04065	0.0096	pay 0.0012% / 1h	28m 57s	$174K	$139K	5x
Short	MEXC S_USDT	0.04064	0.0100	get 0.0050% / 4h	1h 28m	$4.0M	$1.8M	200x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee MEXCbpOrdersPrice spread, now −0.025%Rate

Slippage from Lighter: live order book, 61 min ago; MEXC: live order book, 3 min ago.

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, 61 min ago	10.03 bp	21.0 bp −$21	89.4 bp −$894	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.24 bp	5.3 bp −$5	87.0 bp −$870	doesn't fit	doesn't fit

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
01 Exchange SUSD	−0.7720%	1h	0.03950	−2.829%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2376%	1h	0.04057	−0.185%	$35K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1120%	1h	0.03961	−2.558%	$48K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04051	−0.337%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04059	−0.157%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04046	−0.467%	$624	—	150x	as long as short
Variational Omni S	+0.0010%	4h	0.04044	−0.522%	$627K	$24K	—	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+0.861%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0085%	4h	0.04059	−0.148%	$101K	$578K	10x	as long as short
Lighter Slong	+0.0096%	1h	0.04065	long leg	$174K	$139K	5x

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04063	−0.047%	$1.0M	$595K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04061	−0.091%	$48K	$110K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04065	0.000%	$5.8M	$13.6M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04057	−0.197%	$5.8M	$4.2M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04064	−0.025%	$1.0M	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04057	−0.197%	$330K	$179K	50x	as long as short
MEXC S_USDTshort	+0.0100%	4h	0.04064	−0.025%	$4.0M	$1.8M	200x
KuCoin SUSDTM	+0.0100%	4h	0.04061	−0.098%	$1.9M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04065	0.000%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04064	−0.025%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04050	−0.369%	$23K	$493K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04063	−0.061%	$234K	$542K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04048	−0.418%	$279K	$115K	75x	as long as short
Deribit S_USDC-PERPETUAL	+0.0736%	1h	0.04062	−0.074%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1659%	1h	0.04070	+0.123%	$118K	$426K	5x	as long as short