Settings8H · net · $10k
Funding arb · Price arb /

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.0% APRpaid last 24h −0.077%
Price spread now: Lighter against Binance+0.134%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.745%+$174 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.134% dearer against Binance than usual: you sell high and buy low (spread +0.134% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 7 days funding on this pair paid +1.745%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance FOLKSUSDT2.15900.0124pay 0.0062% / 4h2h 17m$6.4M$1.5M50x
ShortLighter FOLKS2.16190.0096get 0.0012% / 1h17m 54s$73K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$5.81
Price spread: +0.134% → 0.000%
$13.43
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$2.38
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 6 min ago; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago4.64 bp35.2 bp −$35406.1 bp −$4,061doesn't fitdoesn't fit
Sell Lighter no order-book sample
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.

FOLKS on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter FOLKSshort+0.0096%1h2.1619+0.134%$73K$2K3x
Aster FOLKSUSDT+0.0100%4h2.1552−0.175%$44K$12K5xas long as short
Gate FOLKS_USDT+0.0100%8h2.1520−0.324%$264K$115K50xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1470−0.556%$1.2M$3.1M50xas long as short
Variational Omni FOLKS+0.0100%4h2.1505−0.395%$14K$687as long as short
Binance FOLKSUSDTlong+0.0124%4h2.1590long leg$6.4M$1.5M50x
MEXC FOLKS_USDT+0.0130%4h2.15900.000%$968K$188K100xas long as short
BloFin FOLKS-USDT+0.0138%4h2.1580−0.046%$411K$30K50xas long as short
Bitget FOLKSUSDT+0.0142%4h2.1589−0.005%$1.1M$157K50xas long as short
BingX FOLKS-USDT+0.0991%4h2.1570−0.093%$6.5Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit FOLKSUSDT+0.1016%4h2.1547−0.199%$1.2M$341K20xas long as short