Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter against Aevo−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.028% cheaper against Aevo than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo COIN-PERP | 201.68 | 0.0104 | pay 0.0013% / 1h | 24m 00s | $119 | — | 10x |
| Short | Lighter COIN | 201.62 | 0.0096 | get 0.0012% / 1h | 24m 00s | $375K | $1.8M | 10x |
Aevo COIN-PERP
Lighter COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$1.68
- Price spread: −0.028% → 0.000%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$20.48
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 3 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 1.46 bp | 1.5 bp −$1 | 2.0 bp −$20 | doesn't fit | doesn't fit |
Aevo: 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.
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 201.81 | +0.065% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.67 | −0.005% | $369K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.60 | −0.037% | $120K | $814K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.67 | −0.006% | $15.8M | $74.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.66 | −0.009% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.73 | +0.026% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.73 | +0.026% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.72 | +0.021% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.85 | +0.086% | $839K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.79 | +0.055% | $20K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.72 | +0.021% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.62 | −0.029% | $434K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.87 | +0.095% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.68 | +0.001% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.62 | −0.029% | $16.6M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.68 | +0.001% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.69 | +0.006% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.64 | −0.019% | $358K | $3.3M | 10x | as long as short |
| Lighter COINshort | +0.0096% | 1h | 201.62 | −0.028% | $375K | $1.8M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.84 | +0.080% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.75 | +0.035% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.72 | +0.021% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERPlong | +0.0104% | 1h | 201.68 | long leg | $119 | — | 10x | |
| BloFin COIN-USDT | +0.0120% | 8h | 201.83 | +0.075% | $199K | $338K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.65 | −0.014% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0652% | 4h | 201.75 | +0.034% | $52K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC