Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.34 | −0.0059 | get 0.0007% / 1h | 51m 23s | $2.7M | $3.5M | 50x | Long Kraken Futures | |
| SHORT | 119.40 | +0.0040 | get 0.0005% / 1h | 51m 23s | $102K | $428K | 10x | Short Lighter RH+10% pts |
Price gap+0.051%
Funding gap+0.0099% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0099% /8h now · paid +0.011% over the last 7D
Price+$2spread +0.051% now, avg +0.035% → +0.015% if it goes back
Costs−$340.342% of $10k · taker + slippage, in and out
Result−$32−0.32%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.051%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAAVE on 45 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books9.7 / 4.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Kraken Futures 50x, Lighter RH 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$2.97Long Kraken Futures: 24 payments, +$1.77; short Lighter RH: 24 payments, +$1.20.
- Note: Gap at its usual level+0.051% vs +0.035%The price leg adds little either way.
- Watch: Short leg is thinner$102K vs $2.7M OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · Lighter RH NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0006%/8h × 21 periods+$1.25
Price spread+0.051% → +0.035% (7d avg)+$1.53
Slippage, 4 orderslive order books−$24.20
Fee Kraken Futures bp × 2 orders−$10.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$31.42
Costs to cover0.342%Break-even182.6 days
Slippage: Kraken Futures: live order book, 1 min ago; Lighter RH: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures0.429.7 bp−$1015.8 bp−$15862.9 bp−$6,288doesn’t fit
SELL · SHORTLighter RH3.234.2 bp−$420.0 bp−$200doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 14:30 | Lighter RH | Listing | new market AAVE ($AAVE) seen by our collector |
| 10-15 08:55 | Reya | Listing | new market AAVERUSDPERP ($AAVE) seen by our collector |
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| 09-19 12:00 | KuCoin | Other | Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |


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