Funding you earn now, next payment 07:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.059%
Price spread now: Lighter against MEXC+0.180%7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days−0.417%−$42 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.180%, 7d avg +0.255%
=Together, before fees−0.446%+ Points / potential airdropLighter: Season 3 · farm board−$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.075% cheaper against MEXC than usual: you would sell low and buy high (spread +0.180% now, against its 7-day average of +0.255%). If the spread goes back, that is −$7 on $10k: about 3.0 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.417%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AUD_USDT | 0.7114 | −0.0060 | get 0.0030% / 4h | 1h 37m | $9.7M | $229K | 100x |
| Short | Lighter AUDUSD | 0.7127 | 0.0024 | get 0.0003% / 1h | 37m 50s | $529K | $42K | 25x |
MEXC AUD_USDT
Lighter AUDUSDFunding 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
- $17.64
- Price spread: +0.180% → +0.255%
- −$7.47
- Slippage, 4 orders
- −$24.24
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.06
- Costs to cover
- 0.322%
- Break-even
- 15.8 days
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 62 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, 5 min ago | 1.40 bp | 5.4 bp −$5 | 5.4 bp −$54 | 23.8 bp −$2,384 | doesn't fit |
| Sell Lighter live order book, 62 min ago | 10.02 bp | 10.2 bp −$10 | 16.6 bp −$166 | 58.3 bp −$5,831 | doesn't fit |
AUD on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC AUD_USDTlong | −0.0060% | 4h | 0.7114 | long leg | $9.7M | $229K | 100x | |
| Lighter AUDUSDshort | +0.0024% | 1h | 0.7127 | +0.180% | $529K | $42K | 25x | |
| Injective AUDUSD/USDC PERP | +0.0033% | 1h | 0.7110 | −0.051% | $592 | $2 | 101x | as long as short |
| Vest AUD-USD-PERP | +0.0035% | 1h | 0.7099 | −0.206% | — | $21K | 100x | as long as short |
| Hibachi AUD/USDT-P | +0.0264% | 1h | 0.7119 | +0.067% | $9K | $2.5M | 20x | as long as short |
Injective AUDUSD/USDC PERP
Vest AUD-USD-PERP
Hibachi AUD/USDT-P