Funding you earn now, next payment 05:00 UTC−0.0380%/8h= −41.6% APRpaid last 24h −0.222%
Price spread now: Variational Omni against Lighter−0.682%7-day average −0.255% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.463%−$46 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.682%, 7d avg −0.255%
=Together, before fees−0.252%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.427% cheaper against Lighter than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.255%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CC | 0.1181 | 0.0480 | pay 0.0060% / 1h | 51m 41s | $244K | $153K | 5x |
| Short | Variational Omni CC | 0.1173 | 0.0100 | get 0.0050% / 4h | 3h 51m | $597K | $56K | — |
Lighter CC
Variational Omni CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$79.8
- Price spread: −0.682% → −0.255%
- −$42.68
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$122.48
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 49 min ago; Variational Omni: RFQ quote, 2 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 live order book, 49 min ago | 29.76 bp | 50.9 bp −$51 | 392.1 bp −$3,921 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 8.52 bp | doesn't fit | 298.1 bp −$2,981 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDT | −0.0578% | 4h | 0.1175 | −0.525% | $10.7M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0514% | 4h | 0.1175 | −0.525% | $1.7M | $330K | 100x | as long as short |
| GRVT CC_USDT_Perp | +0.0012% | 4h | 0.1172 | −0.762% | $82K | $2.5M | 10x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | −0.076% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1175 | −0.534% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1177 | −0.305% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1176 | −0.418% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1174 | −0.588% | $11.1M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1175 | −0.500% | $2.6M | $3.2M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1174 | −0.550% | $365K | $209K | 50x | as long as short |
Bybit CCUSDT
MEXC CC_USDT
GRVT CC_USDT_Perp
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1176 | −0.415% | $485K | $119K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1176 | −0.440% | $921K | $777K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1175 | −0.517% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1175 | −0.517% | $15K | $22K | 10x | as long as short |
| Variational Omni CCshort | +0.0100% | 4h | 0.1173 | −0.682% | $597K | $56K | — | |
| Derive CC-PERP | +0.0100% | 1h | 0.1174 | −0.594% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1174 | −0.542% | $592K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1176 | −0.449% | $44K | — | 50x | as long as short |
| Lighter CClong | +0.0480% | 1h | 0.1181 | long leg | $244K | $153K | 5x |
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]