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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LIGHTUSDTM | 0.1823 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2.0M | $2.5M | 10x |
| Short | Gate LIGHT_USDT | 0.1822 | 0.0100 | get 0.0100% / 8h | 2h 41m | $2.3M | $546K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 11 min ago | 6.82 bp | 387.1 bp −$387 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.49 bp | 251.0 bp −$251 | doesn't fit | 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 | 0.1822 | −0.044% | $900K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDTshort | +0.0100% | 8h | 0.1822 | −0.044% | $2.3M | $546K | 10x | |
| KuCoin LIGHTUSDTMlong | +0.0100% | 4h | 0.1823 | long leg | $2.0M | $2.5M | 10x | |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1821 | −0.099% | $1K | $1.4M | 20x | as long as short |
| Bybit LIGHTUSDT | +0.0170% | 4h | 0.1817 | −0.296% | $2.2M | $611K | 13x | as long as short |
| Aster LIGHTUSDT | +0.0195% | 4h | 0.1821 | −0.102% | $22K | $6K | 5x | as long as short |
| Binance LIGHTUSDT | +0.0314% | 4h | 0.1820 | −0.154% | $4.2M | $3.1M | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0320% | 4h | 0.1821 | −0.099% | $1.4M | $294K | 50x | as long as short |
| BloFin LIGHT-USDT | +0.0326% | 4h | 0.1822 | −0.044% | $241K | $15K | 10x | as long as short |
KuCoin LIGHTUSDTM
Gate LIGHT_USDT
OKX LIGHT-USDT-SWAP
SunX LIGHT-USDT
Bybit LIGHTUSDT
Aster LIGHTUSDT
Binance LIGHTUSDT
MEXC LIGHT_USDT
BloFin LIGHT-USDT