Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.290%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.290% cheaper against Lighter than usual: you would sell low and buy high, −$29 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter 2Z | 0.05202 | 0.0096 | pay 0.0012% / 1h | 22m 47s | $16K | $6K | 3x |
| Short | KuCoin 2ZUSDTM | 0.05187 | 0.0100 | get 0.0050% / 4h | 22m 47s | $179K | $53K | 50x |
Lighter 2Z
KuCoin 2ZUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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
- $0.84
- Price spread: −0.290% → 0.000%
- −$29.03
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$40.19
- Costs to cover
- 0.120%
- Break-even
- 341.9 days
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 8 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 no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 8 min ago | 12.89 bp | 68.8 bp −$69 | 582.1 bp −$5,821 | doesn't fit | doesn't fit |
Lighter: 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.
2Z on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_2ZUSD | −0.3903% | 1h | 0.05180 | −0.427% | $5K | $3K | 10x | as long as short |
| Backpack 2Z_USDC_PERP | −0.0289% | 1h | 0.05193 | −0.173% | $46K | $20K | 5x | as long as short |
| Injective 2Z/USDC PERP | +0.0033% | 1h | 0.04980 | −4.268% | $867 | $213 | 5.5x | as long as short |
| Lighter 2Zlong | +0.0096% | 1h | 0.05202 | long leg | $16K | $6K | 3x | |
| Hyperliquid 2Z | +0.0100% | 1h | 0.05196 | −0.125% | $654K | $352K | 3x | as long as short |
| Aster 2ZUSDT | +0.0100% | 4h | 0.05198 | −0.067% | $12K | $55K | 5x | as long as short |
| Pacifica 2Z | +0.0100% | 1h | 0.05195 | −0.142% | $75K | $15K | 3x | as long as short |
| Binance 2ZUSDT | +0.0100% | 4h | 0.05193 | −0.170% | $2.1M | $2.1M | 50x | as long as short |
| Bybit 2ZUSDT | +0.0100% | 4h | 0.05196 | −0.115% | $717K | $967K | 50x | as long as short |
| OKX 2Z-USDT-SWAP | +0.0100% | 4h | 0.05194 | −0.154% | $435K | $731K | 20x | as long as short |
Kraken Futures PF_2ZUSD
Backpack 2Z_USDC_PERP
Injective 2Z/USDC PERP
Hyperliquid 2Z
Aster 2ZUSDT
Pacifica 2Z
Binance 2ZUSDT
Bybit 2ZUSDT
OKX 2Z-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate 2Z_USDT | +0.0100% | 4h | 0.05199 | −0.058% | $92K | $70K | 50x | as long as short |
| MEXC 2Z_USDT | +0.0100% | 4h | 0.05196 | −0.115% | $338K | $139K | 50x | as long as short |
| KuCoin 2ZUSDTMshort | +0.0100% | 4h | 0.05187 | −0.290% | $179K | $53K | 50x | |
| Bitget 2ZUSDT | +0.0100% | 4h | 0.05198 | −0.077% | $172K | $673K | 50x | as long as short |
| BingX 2Z-USDT | +0.0100% | 4h | 0.05192 | −0.192% | — | $6.5M | — | as long as short |
| Variational Omni 2Z | +0.0100% | 4h | 0.05193 | −0.172% | $33K | $23K | — | as long as short |
| SunX 2Z-USDT | +0.0100% | 4h | 0.05196 | −0.115% | $1K | $1.1M | 20x | as long as short |
Gate 2Z_USDT
MEXC 2Z_USDT
Bitget 2ZUSDT
BingX 2Z-USDT
Variational Omni 2Z
SunX 2Z-USDT