Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter RH+0.025%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.225% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.025%, 7d avg −0.007%
=Together, before fees+0.015%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.032% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 196.33 | 0.0032 | pay 0.0004% / 1h | 8m 53s | $458K | $1.5M | 10x |
| Short | ApeX Omni COINUSDT | 196.38 | 0.0100 | get 0.0013% / 1h | 8m 53s | $88K | $287K | 50x |
Lighter RH COIN
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter RH. 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
- $14.28
- Price spread: +0.025% → −0.007%
- $3.21
- Slippage, 4 orders
- −$12.52
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$5.03
- Costs to cover
- 0.225%
- Break-even
- 9.5 days
Slippage from Lighter RH: live order book, 4 min ago; ApeX Omni: live order book, 38 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 Lighter RH live order book, 4 min ago | 2.80 bp | 3.5 bp −$3 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 2.80 bp | 8.1 bp −$8 | 14.4 bp −$144 | doesn't fit | doesn't fit |
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 | −0.0797% | 8h | 196.57 | +0.122% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.48 | +0.076% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.91 | −0.214% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0077% | 8h | 196.56 | +0.117% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.26 | −0.038% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.35 | +0.009% | $112K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.43 | +0.052% | $15.1M | $82.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.40 | +0.036% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.54 | +0.107% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.45 | +0.059% | $713K | $961K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.51 | +0.093% | $11K | $2.6M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 196.33 | long leg | $458K | $1.5M | 10x | |
| QFEX COIN-USD | +0.0038% | 1h | 196.51 | +0.092% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.38 | +0.025% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.25 | −0.041% | $15.3M | $13.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.38 | +0.025% | $128K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.32 | −0.005% | $450K | $2.9M | 10x | as long as short |
| SoDEX COIN-USD | +0.0061% | 1h | 196.39 | +0.031% | $93 | $3K | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 196.47 | +0.071% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.08 | −0.127% | $988K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 196.38 | +0.025% | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.43 | +0.051% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.43 | +0.051% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0112% | 1h | 196.34 | +0.006% | $380K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.50 | +0.087% | $186K | $422K | 20x | as long as short |
| edgeX COINUSDC | +0.0687% | 4h | 196.40 | +0.036% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
SoDEX COIN-USD
Phoenix COIN
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
edgeX COINUSDC