Funding you earn now, next payment 06:00 UTC+0.0971%/8h= +106.3% APRpaid last 24h +0.111%
Price spread now: Lighter against MEXC+0.490%7-day average +0.193% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days+0.245%+$25 on $10k
+Price spread, last 4 days (all we have)−0.265%−$27 · spread now +0.490%, 7d avg +0.193%
=Together, before fees−0.020%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Lighter is 0.297% dearer against MEXC than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.193%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.245% in total (about 12.8% 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 | MEXC BBSTOCK_USDT | 8.5700 | 0.0597 | pay 0.0597% / 8h | 2h 44m | $311K | $106K | 50x |
| Short | Lighter BB | 8.6120 | 0.1568 | get 0.0196% / 1h | 44m 57s | $189K | $144K | 10x |
MEXC BBSTOCK_USDT
Lighter BBFunding 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
- $203.91
- Price spread: +0.490% → +0.193%
- $29.75
- Slippage, 4 orders
- −$159.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $74.48
- Costs to cover
- 1.592%
- Break-even
- 4.4 days
Slippage from MEXC: live order book, 50 min ago; Lighter: live order book, 50 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, 50 min ago | 5.84 bp | 55.8 bp −$56 | 186.0 bp −$1,860 | 225.1 bp −$22.5K | doesn't fit |
| Sell Lighter live order book, 50 min ago | 14.21 bp | 14.2 bp −$14 | 24.5 bp −$245 | 70.0 bp −$6,997 | doesn't fit |
BB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BBSTOCKUSDT | 0.0000% | 8h | 8.5810 | +0.128% | $50K | $15K | 20x | as long as short |
| QFEX BB-USD | +0.0027% | 1h | 8.5900 | +0.233% | $1.1M | $175K | 10x | as long as short |
| Vest BB-USD-PERP | +0.0046% | 1h | 8.5800 | +0.117% | — | $875 | 10x | as long as short |
| Extended BB-USD | +0.0048% | 1h | 8.5983 | +0.330% | $9K | $21K | 10x | as long as short |
| tradeXYZ xyz:BB | +0.0050% | 1h | 8.5993 | +0.342% | $10.9M | $3.1M | 10x | as long as short |
| Ondo Perps BB-USD.P | +0.0138% | 1h | 8.5811 | +0.130% | $494K | $441K | 10x | as long as short |
| OKX BB-USDT-SWAP | +0.0322% | 8h | 8.5920 | +0.257% | $214K | $523K | 20x | as long as short |
| MEXC BBSTOCK_USDTlong | +0.0597% | 8h | 8.5700 | long leg | $311K | $106K | 50x | |
| Lighter BBshort | +0.1568% | 1h | 8.6120 | +0.490% | $189K | $144K | 10x |
Bitget BBSTOCKUSDT
QFEX BB-USD
Vest BB-USD-PERP
Extended BB-USD
tradeXYZ xyz:BB
Ondo Perps BB-USD.P
OKX BB-USDT-SWAP