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

FOLKS

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Variational Omni against Lighter−0.212%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.212% cheaper against Lighter than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter FOLKS2.15550.0096pay 0.0012% / 1h40m 23s$73K$2K3x
ShortVariational Omni FOLKS2.15090.0100get 0.0050% / 4h1h 40m$14K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.84
Price spread: −0.212% → 0.000%
−$21.2
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$20.36
Costs to cover
0.000%
Break-even
176.7 days
Slippage unknown: Lighter: no order-book sample; Variational Omni: 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 Lighter no order-book sample
Sell Variational Omni no order-book sample
Lighter and Variational Omni: 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%1h2.1555long leg$73K$2K3x
Aster FOLKSUSDT+0.0100%4h2.1524−0.143%$44K$12K5xas long as short
Binance FOLKSUSDT+0.0100%4h2.1574+0.088%$6.3M$1.5M50xas long as short
MEXC FOLKS_USDT+0.0100%4h2.1570+0.070%$938K$177K100xas long as short
KuCoin FOLKSUSDTM+0.0100%4h2.1390−0.765%$1.2M$2.3M50xas long as short
Bitget FOLKSUSDT+0.0100%4h2.1530−0.116%$1.0M$160K50xas long as short
Variational Omni FOLKSshort+0.0100%4h2.1509−0.212%$14K$5K
Gate FOLKS_USDT+0.0134%8h2.1450−0.487%$249K$113K50xas long as short
BloFin FOLKS-USDT+0.0147%4h2.1560+0.023%$419K$29K50xas long as short
Bybit FOLKSUSDT+0.0152%4h2.1524−0.144%$1.2M$315K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX FOLKS-USDT+0.0160%4h2.1560+0.023%$6.6Mas long as short