Funding you earn now, next payment 01:00 UTC+0.0802%/8h= +87.8% APRpaid last 24h +0.180%
Price spread now: Lighter against Gate+0.422%7-day average +0.272% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3163.162% of the position
Funding, last 7 days+0.457%+$46 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.422%, 7d avg +0.272%
=Together, before fees+0.407%+ Points / potential airdropLighter: Season 3 · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.150% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.272%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.457% in total (about 23.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CC_USDT | 0.1185 | −0.0018 | get 0.0009% / 4h | 3h 58m | $367K | $210K | 50x |
| Short | Lighter CC | 0.1190 | 0.0784 | get 0.0098% / 1h | 58m 00s | $237K | $152K | 5x |
Gate CC_USDT
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $168.42
- Price spread: +0.422% → +0.272%
- $14.99
- Slippage, 4 orders
- −$301.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$132.8
- Costs to cover
- 3.162%
- Break-even
- 12.5 days
Slippage from Gate: live order book, 12 min ago; Lighter: live order book, 62 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 Gate live order book, 12 min ago | 10.59 bp | 225.0 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 62 min ago | 8.13 bp | 9.8 bp −$10 | 253.3 bp −$2,533 | 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 | −0.4522% | 1h | 0.1169 | −1.317% | $6K | $96 | 5.5x | as long as short |
| Bybit CCUSDT | −0.1411% | 4h | 0.1185 | +0.017% | $10.7M | $3.8M | 25x | as long as short |
| Gate CC_USDTlong | −0.0018% | 4h | 0.1185 | long leg | $367K | $210K | 50x | |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1185 | +0.046% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1187 | +0.219% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1185 | +0.060% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1185 | +0.008% | $11.2M | $11.3M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1186 | +0.127% | $2.6M | $3.5M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1185 | 0.000% | $1.6M | $312K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1186 | +0.152% | $502K | $116K | 50x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1185 | +0.059% | $946K | $792K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1185 | +0.008% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1185 | +0.068% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1185 | +0.003% | $591K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1186 | +0.144% | $86K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1185 | +0.013% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1186 | +0.118% | $591K | $108K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1187 | +0.165% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.0784% | 1h | 0.1190 | +0.422% | $237K | $152K | 5x |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]