COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.003%

Price spread now: SoDEX against Lighter−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. SoDEX is 0.030% cheaper against Lighter than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 5.6 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter COIN	197.05	0.0032	pay 0.0004% / 1h	11m 23s	$347K	$2.0M	10x
Short	SoDEX COIN-USD	196.99	0.0050	get 0.0006% / 1h	11m 23s	$63	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee SoDEXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $3.78
Price spread: −0.030% → 0.000%: −$3.04
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$7.26
Costs to cover: 0.080%
Break-even: 20.5 days

Slippage unknown: Lighter: live order book, 5 min ago; SoDEX: no order-book sample. Net counts fees only.

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 Lighter live order book, 5 min ago	2.11 bp	2.5 bp −$3	4.7 bp −$47	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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.

COIN on 26 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
Bitget COINUSDT	−0.0759%	8h	197.15	+0.051%	$6.3M	$10.3M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	196.89	−0.081%	$43K	$48K	30x	as long as short
Gate COIN_USDT	−0.0215%	8h	197.09	+0.020%	$1.2M	$7.3M	50x	as long as short
Vest COIN-USD-PERP	−0.0105%	1h	196.43	−0.315%	—	$271K	25x	as long as short
Aster COINUSDT	0.0000%	8h	197.25	+0.101%	$345K	$885K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	196.96	−0.047%	$117K	$695K	10x	as long as short
Binance COINUSDT	0.0000%	8h	197.01	−0.020%	$14.8M	$79.4M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	197.10	+0.025%	$4.8M	$5.9M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	197.11	+0.030%	$3.0M	$4.6M	20x	as long as short
Variational Omni COIN	0.0000%	8h	197.04	−0.005%	$680K	$935K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	197.12	+0.036%	$19K	$2.3M	10x	as long as short
QFEX COIN-USD	+0.0013%	1h	197.02	−0.015%	$1.3M	$3.2M	10x	as long as short
Lighter COINlong	+0.0032%	1h	197.05	long leg	$347K	$2.0M	10x
Lighter RH COIN	+0.0032%	1h	197.05	0.000%	$447K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	197.11	+0.030%	$15K	$55K	5x	as long as short
tradeXYZ xyz:COIN	+0.0050%	1h	196.96	−0.046%	$15.4M	$13.5M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	196.92	−0.066%	$134K	$1.2M	10x	as long as short
SoDEX COIN-USDshort	+0.0050%	1h	196.99	−0.030%	$63	$3K	10x
Ondo Perps COIN-USD.P	+0.0050%	1h	196.87	−0.091%	$349K	$2.7M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	196.99	−0.030%	$992K	$143K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	196.95	−0.051%	$89K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	197.04	−0.005%	$570	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	197.01	−0.023%	$116	—	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	197.04	−0.005%	$188K	$392K	20x	as long as short
Phoenix COIN	+0.0121%	1h	196.92	−0.066%	$4K	$281K	10x	as long as short
edgeX COINUSDC	+0.0591%	4h	197.04	−0.007%	$51K	$296K	10x	as long as short