Funding you earn now, next payment 04:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.73 per $10,000 · paid last 24h +0.141%
Price spread now: Binance against KuCoin+0.253%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$429as in the Price arb table
costs, in and out, $10k−$4434.434% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now +0.253%, 7d avg +0.114%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.140% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LIGHTUSDTM | 0.1801 | 0.0246 | pay 0.0123% / 4h | 33m 35s | $2.0M | $2.5M | 10x |
| Short | Binance LIGHTUSDT | 0.1806 | 0.0391 | get 0.0196% / 4h | 33m 35s | $4.1M | $3.1M | 10x |
KuCoin LIGHTUSDTM
Binance LIGHTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.54
- Price spread: +0.253% → +0.114%
- $13.97
- Slippage, 4 orders
- −$421.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$398.88
- Costs to cover
- 4.434%
- Break-even
- 98.4 days
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 10.26 bp | 131.9 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 5.54 bp | 29.7 bp −$30 | 159.2 bp −$1,592 | doesn't fit | doesn't fit |
LIGHT on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1806 | +0.278% | $896K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1802 | +0.056% | $2.3M | $562K | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1799 | −0.111% | $1K | $1.4M | 20x | as long as short |
| KuCoin LIGHTUSDTMlong | +0.0246% | 4h | 0.1801 | long leg | $2.0M | $2.5M | 10x | |
| Aster LIGHTUSDT | +0.0265% | 4h | 0.1802 | +0.063% | $22K | $6K | 5x | as long as short |
| Bybit LIGHTUSDT | +0.0368% | 4h | 0.1803 | +0.105% | $2.2M | $608K | 13x | as long as short |
| BloFin LIGHT-USDT | +0.0387% | 4h | 0.1805 | +0.222% | $237K | $18K | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0390% | 4h | 0.1804 | +0.167% | $1.4M | $290K | 50x | as long as short |
| Binance LIGHTUSDTshort | +0.0391% | 4h | 0.1806 | +0.253% | $4.1M | $3.1M | 10x |
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
Aster LIGHTUSDT
Bybit LIGHTUSDT
BloFin LIGHT-USDT
MEXC LIGHT_USDT