Funding you earn now, next payment 08:00 UTC+0.0424%/8h= +46.4% APRpaid last 24h −0.059%
Price spread now: Lighter against MEXC+0.138%7-day average +0.254% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.138%, 7d avg +0.254%
=Together, before fees−0.405%+ Points / potential airdropLighter: Season 3 · farm board−$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.116% cheaper against MEXC than usual: you would sell low and buy high (spread +0.138% now, against its 7-day average of +0.254%). If the spread goes back, that is −$12 on $10k: about 22 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUD_USDT | 0.7106 | −0.0400 | get 0.0200% / 4h | 6m 43s | $9.7M | $231K | 100x |
| Short | Lighter AUDUSD | 0.7116 | 0.0024 | get 0.0003% / 1h | 6m 43s | $528K | $20K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $89.04
- Price spread: +0.138% → +0.254%
- −$11.59
- Slippage, 4 orders
- −$22.13
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $47.32
- Costs to cover
- 0.301%
- Break-even
- 3.3 days
Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 23 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 MEXC live order book, 1 min ago | 1.41 bp | 5.4 bp −$5 | 5.4 bp −$54 | 14.9 bp −$1,490 | doesn't fit |
| Sell Lighter live order book, 23 min ago | 9.62 bp | 9.7 bp −$10 | 16.0 bp −$160 | 52.0 bp −$5,199 | doesn't fit |
AUD on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC AUD_USDTlong | −0.0400% | 4h | 0.7106 | long leg | $9.7M | $231K | 100x | |
| Lighter AUDUSDshort | +0.0024% | 1h | 0.7116 | +0.138% | $528K | $20K | 25x | |
| Injective AUDUSD/USDC PERP | +0.0033% | 1h | 0.7110 | +0.062% | $592 | $2 | 101x | as long as short |
| Vest AUD-USD-PERP | +0.0035% | 1h | 0.7088 | −0.248% | — | $1 | 100x | as long as short |
| Hibachi AUD/USDT-P | +0.0240% | 1h | 0.7107 | +0.013% | $9K | $2.4M | 20x | as long as short |
MEXC AUD_USDT
Lighter AUDUSD
Injective AUDUSD/USDC PERP