Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.351%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$570as in the Funding arb table
Net, price: spread back to 7d avg − costs−$603as in the Price arb table
costs, in and out, $10k−$5745.743% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.351%, 7d avg −0.065%
=Together, before fees+0.159%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.286% cheaper against Lighter than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DATA | 0.2136 | 0.0096 | pay 0.0012% / 1h | 41m 00s | $42K | $122K | 10x |
| Short | KuCoin DATAUSDTM | 0.2129 | 0.0100 | get 0.0050% / 4h | 3h 41m | $167K | $997K | 30x |
Lighter DATA
KuCoin DATAUSDTMFunding 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: −0.351% → −0.065%
- −$28.64
- Slippage, 4 orders
- −$562.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$602.14
- Costs to cover
- 5.743%
- Break-even
- 5024.8 days
Slippage from Lighter: live order book, 14 min ago; KuCoin: live order book, 53 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 live order book, 14 min ago | 19.07 bp | 29.9 bp −$30 | 79.0 bp −$790 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 12.99 bp | 217.2 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
DATA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DATA_USDT | −0.0462% | 4h | 0.2135 | −0.047% | $93K | $23K | 20x | as long as short |
| Bybit DATAUSDT | −0.0418% | 4h | 0.2137 | +0.047% | $906K | $468K | 20x | as long as short |
| OKX DATA-USDT-SWAP | +0.0055% | 4h | 0.2141 | +0.234% | $976K | $2.1M | 20x | as long as short |
| MEXC DATA_USDT | +0.0078% | 4h | 0.2130 | −0.281% | $97K | $254K | 20x | as long as short |
| Lighter DATAlong | +0.0096% | 1h | 0.2136 | long leg | $42K | $122K | 10x | |
| KuCoin DATAUSDTMshort | +0.0100% | 4h | 0.2129 | −0.351% | $167K | $997K | 30x | |
| Bitget DATAUSDT | +0.0100% | 4h | 0.2134 | −0.094% | $546K | $118K | 50x | as long as short |
| BloFin DATA-USDT | +0.0103% | 4h | 0.2131 | −0.234% | $83K | $5K | 20x | as long as short |
| Extended DATA-USD | +0.0104% | 1h | 0.2128 | −0.382% | $940 | — | 5x | as long as short |
Gate DATA_USDT
Bybit DATAUSDT
OKX DATA-USDT-SWAP
MEXC DATA_USDT
Bitget DATAUSDT
BloFin DATA-USDT
Extended DATA-USD