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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CC_USDT | 0.1156 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.6M | $299K | 100x |
| Short | Lighter CC | 0.1161 | 0.1144 | get 0.0143% / 1h | 0m 10s | $233K | $162K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 1 min ago | 0.43 bp | 7.0 bp −$7 | 61.3 bp −$613 | 257.1 bp −$25.7K | 802.4 bp −$401.2K |
| Sell Lighter live order book, 14 min ago | 11.60 bp | 12.9 bp −$13 | 231.0 bp −$2,310 | 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 | −0.3670% | 1h | 0.1146 | −0.891% | $6K | $100 | 5.5x | as long as short |
| Gate CC_USDT | +0.0024% | 4h | 0.1158 | +0.130% | $360K | $208K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0088% | 8h | 0.1156 | −0.020% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1157 | +0.061% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1157 | +0.017% | $11.0M | $10.9M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1156 | −0.035% | $10.4M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1157 | +0.035% | $2.5M | $3.3M | 20x | as long as short |
| MEXC CC_USDTlong | +0.0100% | 4h | 0.1156 | long leg | $1.6M | $299K | 100x | |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1158 | +0.156% | $489K | $114K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1158 | +0.147% | $929K | $792K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1157 | +0.017% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1156 | −0.043% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1156 | −0.017% | $577K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1159 | +0.276% | $85K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1155 | −0.133% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1158 | +0.156% | $585K | $104K | 75x | as long as short |
| Hyperliquid CC | +0.0356% | 1h | 0.1158 | +0.158% | $5.4M | $1.3M | 3x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0440% / S −0.0239% | 1h | 0.1157 | +0.048% | $43K | — | 50x | as long as short |
| Lighter CCshort | +0.1144% | 1h | 0.1161 | +0.415% | $233K | $162K | 5x |
MEXC CC_USDT
Lighter CC
Injective CC/USDC PERP
Gate CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
Hyperliquid CC
GMX CC/USD [WBTC.b-USDC]