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

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0304%/8h= +33.3% APRpaid last 24h +0.070%
Price spread now: BingX against Lighter−0.288%7-day average · you buy dearer than you sell
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−1.619%−$162 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
Funding pays, the price is against you. BingX is 0.288% cheaper against Lighter than usual: you would sell low and buy high (spread −0.288% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 3.2 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −1.619%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FOLKS2.15620.0096pay 0.0012% / 1h41m 16s$73K$2K3x
ShortBingX FOLKS-USDT2.15000.0400get 0.0200% / 4h41m 16s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Lighter. 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
$63.84
Price spread: −0.288% → 0.000%
−$28.75
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$25.09
Costs to cover
0.100%
Break-even
4.2 days
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 10 min ago. 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 Lighter no order-book sample
Sell BingX live order book, 10 min ago11.55 bp48.0 bp −$48221.6 bp −$2,216doesn't fitdoesn't fit
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 FOLKSlong+0.0096%1h2.1562long leg$73K$2K3x
Aster FOLKSUSDT+0.0100%4h2.1493−0.320%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1514−0.225%$6.3M$1.5M50xas long as short
Gate FOLKS_USDT+0.0100%8h2.1440−0.566%$263K$114K50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1510−0.241%$976K$181K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1400−0.751%$1.2M$3.5M50xas long as short
Variational Omni FOLKS+0.0100%4h2.1644+0.379%$14K$685as long as short
BloFin FOLKS-USDT+0.0126%4h2.1530−0.148%$408K$30K50xas long as short
Bitget FOLKSUSDT+0.0216%4h2.1504−0.269%$1.0M$181K50xas long as short
Bybit FOLKSUSDT+0.0396%4h2.1469−0.431%$1.2M$366K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDTshort+0.0400%4h2.1500−0.288%$6.5M