Funding you earn now, next payment 20:00 UTC−0.0032%/8hpaid last 24h 0.000%
Price spread now: Variational Omni against Lighter RH+0.148%7-day average +0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)+0.404%+$40 · spread now +0.148%, 7d avg +0.047%
=Together, before fees+0.373%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.101% dearer against Lighter RH than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.047%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH COIN | 202.02 | 0.0032 | pay 0.0004% / 1h | 22m 01s | $445K | $2.0M | 10x |
| Short | Variational Omni COIN | 202.32 | 0 | get 0.0000% / 8h | 4h 22m | $791K | $1.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$6.72
- Price spread: +0.148% → +0.047%
- $10.13
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $3.41
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. 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 RH live order book, 5 min ago | 2.72 bp | 4.1 bp −$4 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.36 bp | doesn't fit | 24.8 bp −$248 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.52 | +0.248% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.01 | −0.005% | $371K | $832K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.98 | −0.017% | $100K | $428K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.00 | −0.011% | $15.7M | $75.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.01 | −0.005% | $5.0M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.98 | −0.020% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.03 | +0.005% | $1.3M | $6.7M | 50x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 202.32 | +0.148% | $791K | $1.0M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.64 | +0.309% | $18K | $1.7M | 10x | as long as short |
| Lighter RH COINlong | +0.0032% | 1h | 202.02 | long leg | $445K | $2.0M | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 202.13 | +0.054% | $19K | $42K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | −0.045% | — | $493K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.93 | −0.045% | $132K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.00 | −0.010% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.31 | +0.144% | $373K | $3.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0055% | 1h | 202.11 | +0.045% | $1.4M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0096% | 1h | 202.03 | +0.006% | $377K | $2.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.06 | +0.020% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.59 | +0.282% | $91K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.03 | +0.005% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 202.03 | +0.002% | $119 | — | 10x | as long as short |
| Bitget COINUSDT | +0.0111% | 8h | 202.05 | +0.015% | $6.8M | $9.5M | 20x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.16 | +0.069% | $157K | $333K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0181% | 1h | 201.94 | −0.040% | $16.5M | $13.5M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 202.66 | +0.317% | $2K | $255K | 10x | as long as short |
| edgeX COINUSDC | +0.0424% | 4h | 202.56 | +0.266% | $52K | $291K | 10x | as long as short |
Lighter RH COIN
Variational Omni COIN
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
GRVT COIN_USDT_Perp
Polymarket Perps COIN-USD
SoDEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Bitget COINUSDT
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN
edgeX COINUSDC