Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter RH−0.220%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.220%, 7d avg −0.005%
=Together, before fees+0.323%+ Points / potential airdropLighter RH: Points live · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.214% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of −0.005%). If the spread goes back, that is −$21 on $10k: about 11 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 195.83 | 0.0032 | pay 0.0004% / 1h | 59m 13s | $466K | $1.3M | 10x |
| Short | ApeX Omni COINUSDT | 195.40 | 0.0100 | get 0.0013% / 1h | 59m 13s | $88K | $287K | 50x |
Lighter RH COIN
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter RH. 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
- $14.28
- Price spread: −0.220% → −0.005%
- −$21.43
- Slippage, 4 orders
- −$14.67
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$31.82
- Costs to cover
- 0.247%
- Break-even
- 22.6 days
Slippage from Lighter RH: live order book, 3 min ago; ApeX Omni: live order book, 38 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 RH live order book, 3 min ago | 2.82 bp | 3.6 bp −$4 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 3.83 bp | 9.0 bp −$9 | 14.8 bp −$148 | doesn't fit | doesn't fit |
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 | 195.48 | −0.179% | $43K | $40K | 30x | as long as short |
| Bitget COINUSDT | −0.0321% | 8h | 195.82 | −0.005% | $6.4M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0051% | 1h | 195.29 | −0.276% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.92 | +0.045% | $342K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.82 | −0.005% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.92 | +0.046% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.72 | −0.056% | $1.2M | $6.7M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.45 | −0.195% | $659K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | +0.0008% | 8h | 195.46 | −0.189% | $20K | $2.9M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 195.83 | long leg | $466K | $1.3M | 10x |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | +0.0032% | 1h | 195.80 | −0.014% | $104K | $860K | 10x | as long as short |
| Binance COINUSDT | +0.0035% | 8h | 195.84 | +0.007% | $15.0M | $82.1M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.79 | −0.020% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.73 | −0.051% | $15.1M | $12.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.71 | −0.061% | $135K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.32 | −0.260% | $442K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.65 | −0.092% | $1.3M | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 195.88 | +0.028% | $364K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.58 | −0.128% | $985K | $154K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 195.40 | −0.220% | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.88 | +0.026% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.92 | +0.045% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0141% | 8h | 195.85 | +0.010% | $187K | $435K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.42 | −0.209% | $4K | $283K | 10x | as long as short |
| SoDEX COIN-USD | +0.0241% | 1h | 195.71 | −0.061% | $78 | $3K | 10x | as long as short |
| edgeX COINUSDC | +0.0875% | 4h | 195.55 | −0.145% | $50K | $295K | 10x | as long as short |
Extended COIN_24_5-USD
Binance COINUSDT
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
SoDEX COIN-USD
edgeX COINUSDC