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

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1044%/8h= +114.3% APRpaid last 24h +0.153%
Price spread now: Lighter against MEXC+0.415%7-day average +0.228% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.501%+$50 on $10k
Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.415%, 7d avg +0.228%
Together, before fees+0.496%+ Points / potential airdropLighter: Season 3 · farm board+$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Lighter is 0.187% dearer against MEXC than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.228%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.501% in total (about 26.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CC_USDT0.11560.0100pay 0.0050% / 4h2h 00m$1.6M$299K100x
ShortLighter CC0.11610.1144get 0.0143% / 1h0m 10s$233K$162K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against MEXC. 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
$219.24
Price spread: +0.415% → +0.228%
$18.71
Slippage, 4 orders
−$56.95
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$177
Costs to cover
0.609%
Break-even
1.3 days
Slippage from MEXC: live order book, 1 min ago; Lighter: live order book, 14 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 MEXC live order book, 1 min ago0.43 bp7.0 bp −$761.3 bp −$613257.1 bp −$25.7K802.4 bp −$401.2K
Sell Lighter live order book, 14 min ago11.60 bp12.9 bp −$13231.0 bp −$2,310doesn'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−0.3670%1h0.1146−0.891%$6K$1005.5xas long as short
Gate CC_USDT+0.0024%4h0.1158+0.130%$360K$208K50xas long as short
Paradex CC-USD-PERP+0.0088%8h0.1156−0.020%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1157+0.061%$34K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1157+0.017%$11.0M$10.9M75xas long as short
Bybit CCUSDT+0.0100%4h0.1156−0.035%$10.4M$3.7M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1157+0.035%$2.5M$3.3M20xas long as short
MEXC CC_USDTlong+0.0100%4h0.1156long leg$1.6M$299K100x
KuCoin CCUSDTM+0.0100%4h0.1158+0.156%$489K$114K50xas long as short
Bitget CCUSDT+0.0100%4h0.1158+0.147%$929K$792K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1157+0.017%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1156−0.043%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1156−0.017%$577K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1159+0.276%$85K$2.2M10xas long as short
Derive CC-PERP+0.0100%1h0.1155−0.133%$7K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1158+0.156%$585K$104K75xas long as short
Hyperliquid CC+0.0356%1h0.1158+0.158%$5.4M$1.3M3xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0440% / S −0.0239%1h0.1157+0.048%$43K50xas long as short
Lighter CCshort+0.1144%1h0.1161+0.415%$233K$162K5x