Funding you earn now, next payment 03:00 UTC−0.0900%/8h= −98.5% APRpaid last 24h −0.349%
Price spread now: MEXC against Lighter−0.455%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.025%−$103 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and MEXC is 0.455% cheaper against Lighter than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APEX | 0.2594 | 0.1000 | pay 0.0125% / 1h | 29m 46s | $57K | $21K | 5x |
| Short | MEXC APEX_USDT | 0.2582 | 0.0100 | get 0.0050% / 4h | 1h 29m | $579K | $248K | 50x |
Lighter APEX
MEXC APEX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Lighter. 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
- −$189
- Price spread: −0.455% → 0.000%
- −$45.49
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$238.49
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 25 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 Lighter no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 25 min ago | 7.72 bp | 23.9 bp −$24 | 123.3 bp −$1,233 | 752.1 bp −$75.2K | doesn't fit |
Lighter: 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.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit APEXUSDT | +0.0100% | 4h | 0.2586 | −0.301% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDTshort | +0.0100% | 4h | 0.2582 | −0.455% | $579K | $248K | 50x | |
| BingX APEX-USDT | +0.0100% | 4h | 0.2583 | −0.416% | — | $1.3M | — | as long as short |
| Variational Omni APEX | +0.0100% | 4h | 0.2586 | −0.283% | $19K | $6K | — | as long as short |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2572 | −0.840% | $137K | $423K | 50x | as long as short |
| BloFin APEX-USDT | +0.0135% | 4h | 0.2579 | −0.571% | $95K | $3K | 25x | as long as short |
| Lighter APEXlong | +0.1000% | 1h | 0.2594 | long leg | $57K | $21K | 5x | |
| Hyperliquid APEX | +0.1485% | 1h | 0.2593 | −0.039% | $2.9M | $116K | 3x | as long as short |
Bybit APEXUSDT
BingX APEX-USDT
Variational Omni APEX
ApeX Omni APEXUSDT
BloFin APEX-USDT
Hyperliquid APEX