Funding you earn now, next payment 07:00 UTC+0.0940%/8h= +102.9% APRpaid last 24h +0.227%
Price spread now: Lighter against OKX+0.361%7-day average +0.226% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
Funding, last 7 days+0.503%+$50 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.361%, 7d avg +0.226%
=Together, before fees+0.404%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.135% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.226%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.503% in total (about 26.3% 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 | OKX CC-USDT-SWAP | 0.1190 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $2.6M | $3.1M | 20x |
| Short | Lighter CC | 0.1194 | 0.1040 | get 0.0130% / 1h | 2m 41s | $254K | $172K | 5x |
OKX CC-USDT-SWAP
Lighter CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $197.4
- Price spread: +0.361% → +0.226%
- $13.54
- Slippage, 4 orders
- −$140.1
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $60.84
- Costs to cover
- 1.501%
- Break-even
- 4.8 days
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 22 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 OKX live order book, 5 min ago | 3.77 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 22 min ago | 20.62 bp | 26.6 bp −$27 | 285.2 bp −$2,852 | 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 | +0.0033% | 1h | 0.1180 | −0.815% | $402 | $3K | 5.5x | as long as short |
| MEXC CC_USDT | +0.0068% | 4h | 0.1188 | −0.134% | $1.8M | $363K | 100x | as long as short |
| Bybit CCUSDT | +0.0069% | 4h | 0.1189 | −0.084% | $11.0M | $3.8M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1189 | −0.070% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1191 | +0.103% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1190 | −0.007% | $35K | $27K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1189 | −0.083% | $11.2M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAPlong | +0.0100% | 4h | 0.1190 | long leg | $2.6M | $3.1M | 20x | |
| Gate CC_USDT | +0.0100% | 4h | 0.1190 | +0.050% | $365K | $197K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1190 | +0.050% | $490K | $100K | 50x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
Gate 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 | 0.1190 | −0.008% | $920K | $749K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1189 | −0.084% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1190 | −0.008% | $16K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1190 | +0.046% | $607K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1191 | +0.143% | $84K | $2.9M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1189 | −0.076% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1188 | −0.109% | $597K | $95K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0453% / S −0.0241% | 1h | 0.1190 | +0.032% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.1040% | 1h | 0.1194 | +0.361% | $254K | $172K | 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]