Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.127%
Price spread now: Lighter against BloFin−0.017%210s7-day average +0.237% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 3 days (all we have)+0.180%+$18 · spread now −0.017%, 7d avg +0.237%
=Together, before fees+0.329%+ Points / potential airdropLighter: Season 3 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.254% cheaper against BloFin than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.237%). If the spread goes back, that is −$25 on $10k: about 8.5 days of funding at the current rate (+$3 a day). The two prices were read 210 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CC-USDT | 0.1174 | 0.0340 | pay 0.0170% / 4h | 2h 45m | $599K | $101K | 75x |
| Short | Lighter CC | 0.1174 | 0.0440 | get 0.0055% / 1h | 45m 52s | $232K | $150K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $21
- Price spread: −0.017% → +0.237%
- −$25.38
- Slippage, 4 orders
- −$73.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$90.1
- Costs to cover
- 0.857%
- Break-even
- 37.0 days
Slippage from BloFin: live order book, 20 min ago; Lighter: live order book, 4 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 BloFin live order book, 20 min ago | 0.84 bp | 18.3 bp −$18 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 8.06 bp | 9.3 bp −$9 | 256.2 bp −$2,562 | doesn't fit | doesn't fit |
CC on 19 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 CC/USDC PERP | −0.3556% | 1h | 0.1159 | −1.303% | $6K | $97 | 5.5x | as long as short |
| Bybit CCUSDT | −0.0414% | 4h | 0.1170 | −0.392% | $10.6M | $3.9M | 25x | as long as short |
| MEXC CC_USDT | −0.0412% | 4h | 0.1170 | −0.392% | $1.6M | $313K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0082% | 8h | 0.1172 | −0.213% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1172 | −0.238% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1172 | −0.180% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1169 | −0.409% | $11.0M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1170 | −0.366% | $2.5M | $3.6M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1170 | −0.400% | $364K | $216K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1171 | −0.307% | $497K | $121K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1170 | −0.392% | $927K | $804K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1170 | −0.400% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1169 | −0.409% | $15K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1171 | −0.250% | $597K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1172 | −0.170% | $81K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1170 | −0.393% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1174 | long leg | $599K | $101K | 75x | |
| Lighter CCshort | +0.0440% | 1h | 0.1174 | −0.017% | $232K | $150K | 5x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0447% / S −0.0241% | 1h | 0.1171 | −0.240% | $44K | — | 50x | as long as short |
BloFin CC-USDT
Lighter CC
Injective CC/USDC PERP
Bybit CCUSDT
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]