Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$860.857% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CC-USDT0.11740.0340pay 0.0170% / 4h2h 45m$599K$101K75x
ShortLighter CC0.11740.0440get 0.0055% / 1h45m 52s$232K$150K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 20 min ago0.84 bp18.3 bp −$1845.9 bp −$459doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago8.06 bp9.3 bp −$9256.2 bp −$2,562doesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3556%1h0.1159−1.303%$6K$975.5xas long as short
Bybit CCUSDT−0.0414%4h0.1170−0.392%$10.6M$3.9M25xas long as short
MEXC CC_USDT−0.0412%4h0.1170−0.392%$1.6M$313K100xas long as short
Paradex CC-USD-PERP+0.0082%8h0.1172−0.213%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1172−0.238%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1172−0.180%$35K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1169−0.409%$11.0M$12.0M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1170−0.366%$2.5M$3.6M20xas long as short
Gate CC_USDT+0.0100%4h0.1170−0.400%$364K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1171−0.307%$497K$121K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1170−0.392%$927K$804K20xas long as short
BingX CC-USDT+0.0100%4h0.1170−0.400%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1169−0.409%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1171−0.250%$597K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1172−0.170%$81K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1170−0.393%$6K$36K6.7xas long as short
BloFin CC-USDTlong+0.0340%4h0.1174long leg$599K$101K75x
Lighter CCshort+0.0440%1h0.1174−0.017%$232K$150K5x
GMX CC/USD [WBTC.b-USDC]L +0.0447% / S −0.0241%1h0.1171−0.240%$44K50xas long as short