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

LIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.030%
Price spread now: Gate against KuCoin−0.044%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$891as in the Funding arb table
Net, price: spread back to 7d avg − costs−$870as in the Price arb table
costs, in and out, $10k−$8538.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.379%−$38 on $10k
Price spread, last 7 days+0.035%+$4 · spread now −0.044%, 7d avg +0.127%
Together, before fees−0.343%−$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.171% cheaper against KuCoin than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LIGHTUSDTM0.18230.0100pay 0.0050% / 4h2h 41m$2.0M$2.5M10x
ShortGate LIGHT_USDT0.18220.0100get 0.0100% / 8h2h 41m$2.3M$546K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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
Price spread: −0.044% → +0.127%
−$17.11
Slippage, 4 orders
−$825.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$869.84
Costs to cover
8.527%
Break-even
never at this rate
Slippage from KuCoin: live order book, 11 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 11 min ago6.82 bp387.1 bp −$387doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago5.49 bp251.0 bp −$251doesn't fitdoesn't fitdoesn't fit

LIGHT on 9 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
OKX LIGHT-USDT-SWAP+0.0100%4h0.1822−0.044%$900K$1.3M10xas long as short
Gate LIGHT_USDTshort+0.0100%8h0.1822−0.044%$2.3M$546K10x
KuCoin LIGHTUSDTMlong+0.0100%4h0.1823long leg$2.0M$2.5M10x
SunX LIGHT-USDT+0.0100%4h0.1821−0.099%$1K$1.4M20xas long as short
Bybit LIGHTUSDT+0.0170%4h0.1817−0.296%$2.2M$611K13xas long as short
Aster LIGHTUSDT+0.0195%4h0.1821−0.102%$22K$6K5xas long as short
Binance LIGHTUSDT+0.0314%4h0.1820−0.154%$4.2M$3.1M10xas long as short
MEXC LIGHT_USDT+0.0320%4h0.1821−0.099%$1.4M$294K50xas long as short
BloFin LIGHT-USDT+0.0326%4h0.1822−0.044%$241K$15K10xas long as short