Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.068%
Price spread now: Lighter against KuCoin+0.157%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1381.375% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.157%, 7d avg +0.046%
=Together, before fees−0.108%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.110% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FFUSDTM | 0.1278 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $8.6M | $4.5M | 20x |
| Short | Lighter FF | 0.1280 | 0.0224 | get 0.0028% / 1h | 58m 08s | $135K | $26K | 3x |
KuCoin FFUSDTM
Lighter FFFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $26.04
- Price spread: +0.157% → +0.046%
- $11.03
- Slippage, 4 orders
- −$125.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.48
- Costs to cover
- 1.375%
- Break-even
- 34.0 days
Slippage from KuCoin: live order book, 10 min ago; Lighter: live order book, 41 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 KuCoin live order book, 10 min ago | 11.38 bp | 47.2 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 41 min ago | 5.50 bp | 14.6 bp −$15 | 86.3 bp −$863 | doesn't fit | doesn't fit |
FF on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC FF_USDT | −0.0054% | 4h | 0.1276 | −0.157% | $10.1M | $680K | 50x | as long as short |
| Binance FFUSDT | −0.0053% | 4h | 0.1275 | −0.186% | $43.1M | $17.1M | 20x | as long as short |
| BloFin FF-USDT | −0.0046% | 4h | 0.1276 | −0.133% | $2.3M | $141K | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1277 | −0.099% | $1.2M | $26K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1276 | −0.157% | $14.4M | $4.3M | 20x | as long as short |
| KuCoin FFUSDTMlong | +0.0100% | 4h | 0.1278 | long leg | $8.6M | $4.5M | 20x | |
| Bitget FFUSDT | +0.0100% | 4h | 0.1277 | −0.086% | $18.6M | $1.0M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1276 | −0.125% | — | $6.7M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1275 | −0.250% | $1K | $1.1M | 20x | as long as short |
| Lighter FFshort | +0.0224% | 1h | 0.1280 | +0.157% | $135K | $26K | 3x |
MEXC FF_USDT
Binance FFUSDT
BloFin FF-USDT
Aster FFUSDT
Bybit FFUSDT
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate FF_USDT | +0.0834% | 4h | 0.1278 | −0.008% | $26.9M | $1.3M | 50x | as long as short |
Gate FF_USDT