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

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0909%/8h= +99.5% APRpaid last 24h +0.219%
Price spread now: Lighter against Paradex+0.326%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Lighter is 0.326% dearer against Paradex than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CC-USD-PERP0.11940.0099pay 0.0099% / 8h7h 27m$1K5x
ShortLighter CC0.11980.1008get 0.0126% / 1h27m 05s$255K$169K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Paradex. 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
$190.9
Price spread: +0.326% → 0.000%
$32.63
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$219.53
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Lighter live order book, 53 min ago24.63 bp27.3 bp −$27242.2 bp −$2,422doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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+0.0033%1h0.1180−1.148%$402$3K5.5xas long as short
Paradex CC-USD-PERPlong+0.0099%8h0.1194long leg$1K5x
Aster CCUSDT+0.0100%4h0.1194+0.002%$35K$27K20xas long as short
Binance CCUSDT+0.0100%4h0.1193−0.074%$11.3M$12.0M75xas long as short
Bybit CCUSDT+0.0100%4h0.1193−0.093%$11.0M$3.8M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1193−0.017%$2.6M$3.0M20xas long as short
Gate CC_USDT+0.0100%4h0.1192−0.160%$366K$170K50xas long as short
MEXC CC_USDT+0.0100%4h0.1193−0.093%$1.9M$363K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1194+0.033%$493K$99K50xas long as short
Bitget CCUSDT+0.0100%4h0.1193−0.084%$930K$744K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1193−0.067%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1192−0.126%$16K$19K10xas long as short
Variational Omni CC+0.0100%4h0.1192−0.138%$607K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1193−0.061%$84K$3.1M10xas long as short
Derive CC-PERP+0.0100%1h0.1190−0.305%$6K$33K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1193−0.067%$609K$102K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0453% / S −0.0241%1h0.11940.000%$45K50xas long as short
Hyperliquid CC+0.0572%1h0.1195+0.125%$5.6M$1.4M3xas long as short
Lighter CCshort+0.1008%1h0.1198+0.326%$255K$169K5x