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

FOLKS

all FOLKS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.075%
Price spread now: BloFin against Lighter−0.042%90s7-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−1.655%−$166 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. BloFin is 0.042% cheaper against Lighter than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −1.655%, so the current rate has only just turned in your favour. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FOLKS2.11790.0096pay 0.0012% / 1h29m 23s$72K$2K3x
ShortBloFin FOLKS-USDT2.11700.0138get 0.0069% / 4h1h 29m$401K$29K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$8.89
Price spread: −0.042% → 0.000%
−$4.25
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.36
Costs to cover
0.120%
Break-even
12.8 days
Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 14 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 BloFin live order book, 14 min ago7.05 bp37.5 bp −$37128.4 bp −$1,284doesn'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 exchanges

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%1h2.1179long leg$72K$2K3x
Aster FOLKSUSDT+0.0100%4h2.1083−0.453%$43K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1125−0.256%$6.2M$1.6M50xas long as short
Gate FOLKS_USDT+0.0100%8h2.1060−0.562%$259K$116K50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1120−0.279%$942K$190K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1000−0.845%$1.2M$4.2M50xas long as short
Bitget FOLKSUSDT+0.0100%4h2.1077−0.482%$1.0M$206K50xas long as short
Variational Omni FOLKS+0.0100%4h2.1100−0.375%$14K$685as long as short
BloFin FOLKS-USDTshort+0.0138%4h2.1170−0.042%$401K$29K50x
Bybit FOLKSUSDT+0.0442%4h2.1096−0.392%$1.2M$381K20xas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDT+0.0516%4h2.1100−0.373%$6.5Mas long as short