Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.27 | +0.0100 | pay 0.0100% / 8h | 7h 52m | $1K | $1.9M | 20x | Long SunX≤10% back | |
| SHORT | 119.27 | +0.0008 | get 0.0001% / 1h | 52m 33s | $102K | $428K | 10x | Short Lighter RH+10% pts |
Price gap−0.001%
Funding gap−0.0092% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0092% /8h now · paid −0.052% over the last 7D
Price+$1spread −0.001% now, avg −0.007% → +0.006% if it goes back
Costs−$1401.405% of $10k · taker + slippage, in and out
Result−$145−1.45%+ 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−0.001%
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
2 ok · 3 to watch- Watch: Thin at this size65.9 / 4.2 bpAt $10k entering SunX costs 65.9 bp, fee and slippage, 15.5× Lighter RH’s.
- Note: Margin at max leverage$500 + $1,000SunX 20x, Lighter RH 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.76Long SunX: 3 payments, −$3.00; short Lighter RH: 24 payments, +$0.24.
- Note: Gap at its usual level−0.001% vs −0.007%The price leg adds little either way.
- Watch: Long leg is thinner$1K vs $102K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legSunX No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0027%/8h × 21 periods−$5.66
Price spread−0.001% → −0.007% (7d avg)+$0.60
Slippage, 4 orderslive order books−$132.48
Fee SunX bp × 2 orders−$8.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$145.54
Costs to cover1.405%Break-evennever at this rate
Slippage: SunX: live order book, 10 min ago; Lighter RH: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX44.9865.9 bp−$66doesn’t fitdoesn’t fitdoesn’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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