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

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.041%
Price spread now: Lighter against BingX+0.241%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+1.720%+$172 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 0.241% dearer against BingX than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. Mind the row above: over the last 7 days funding on this pair paid +1.720%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX FOLKS-USDT2.15400.0156pay 0.0078% / 4h50m 07s$6.6M
ShortLighter FOLKS2.15920.0096get 0.0012% / 1h50m 07s$73K$2K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
−$12.6
Price spread: +0.241% → 0.000%
$24.14
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$1.54
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 1 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 BingX live order book, 1 min ago9.24 bp48.5 bp −$49178.7 bp −$1,787doesn'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%1h2.1592+0.241%$73K$2K3x
Aster FOLKSUSDT+0.0100%4h2.1546+0.028%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1507−0.155%$6.3M$1.5M50xas long as short
Gate FOLKS_USDT+0.0100%8h2.1520−0.093%$251K$114K50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1520−0.093%$936K$176K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1460−0.371%$1.2M$2.5M50xas long as short
Bitget FOLKSUSDT+0.0100%4h2.1523−0.079%$1.0M$165K50xas long as short
Variational Omni FOLKS+0.0100%4h2.1638+0.454%$14K$5Kas long as short
Bybit FOLKSUSDT+0.0151%4h2.1519−0.097%$1.2M$321K20xas long as short
BloFin FOLKS-USDT+0.0152%4h2.1700+0.743%$422K$29K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDTlong+0.0156%4h2.1540long leg$6.6M