Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: Orderly against Lighter RH−0.015%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 RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 197.05 | 0.0032 | pay 0.0004% / 1h | 8m 04s | $449K | $1.5M | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 197.02 | 0.0100 | get 0.0100% / 8h | 4h 08m | $570 | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.015% → 0.000%
- −$1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $6.76
- Costs to cover
- 0.060%
- Break-even
- 3.7 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Orderly: no order-book sample. 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 Lighter RH live order book, 5 min ago | 1.78 bp | 2.5 bp −$3 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0751% | 8h | 197.25 | +0.101% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.05 | 0.000% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0217% | 8h | 197.16 | +0.056% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0108% | 1h | 196.60 | −0.228% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.13 | +0.040% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.02 | −0.013% | $117K | $695K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.16 | +0.054% | $14.8M | $79.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.20 | +0.076% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.19 | +0.071% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.03 | −0.011% | $680K | $935K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.06 | +0.007% | $11K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.13 | +0.041% | $1.3M | $3.2M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.05 | 0.000% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 197.05 | long leg | $449K | $1.5M | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 197.20 | +0.076% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.18 | +0.066% | $15.5M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.96 | −0.046% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.18 | +0.066% | $67 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.01 | −0.020% | $349K | $2.7M | 10x | as long as short |
| edgeX COINUSDC | +0.0073% | 4h | 197.03 | −0.011% | $51K | $294K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.97 | −0.041% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.93 | −0.061% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 197.02 | −0.015% | $570 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.06 | +0.006% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.26 | +0.107% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.00 | −0.025% | $4K | $281K | 10x | as long as short |
Lighter RH COIN
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
edgeX COINUSDC
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN