Funding you earn now, next payment 12:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.60 per $10,000 · paid last 24h +0.095%
Price spread now: MEXC against KuCoin+0.114%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$435as in the Funding arb table
Net, price: spread back to 7d avg − costs−$459as in the Price arb table
costs, in and out, $10k−$4604.602% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 7 days−0.086%−$9 · spread now +0.114%, 7d avg +0.106%
=The price spread sits at its 7-day average of +0.106%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LIGHTUSDTM | 0.1754 | 0.0100 | pay 0.0050% / 4h | 52m 04s | $1.9M | $2.4M | 10x |
| Short | MEXC LIGHT_USDT | 0.1756 | 0.0220 | get 0.0110% / 4h | 52m 04s | $1.5M | $268K | 50x |
KuCoin LIGHTUSDTM
MEXC LIGHT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $25.2
- Price spread: +0.114% → +0.106%
- $0.81
- Slippage, 4 orders
- −$448.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$434.15
- Costs to cover
- 4.602%
- Break-even
- 127.6 days
Slippage from KuCoin: live order book, 3 min ago; MEXC: 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, 3 min ago | 7.41 bp | 67.1 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.85 bp | 24.5 bp −$25 | 134.7 bp −$1,347 | 262.9 bp −$26.3K | doesn't fit |
LIGHT on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LIGHTUSDT | +0.0100% | 4h | 0.1756 | +0.100% | $21K | $3K | 5x | as long as short |
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1759 | +0.285% | $863K | $1.0M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1756 | +0.114% | $2.2M | $412K | 10x | as long as short |
| KuCoin LIGHTUSDTMlong | +0.0100% | 4h | 0.1754 | long leg | $1.9M | $2.4M | 10x | |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1754 | 0.000% | $1K | $1.0M | 20x | as long as short |
| BloFin LIGHT-USDT | +0.0204% | 4h | 0.1758 | +0.228% | $236K | $11K | 10x | as long as short |
| MEXC LIGHT_USDTshort | +0.0220% | 4h | 0.1756 | +0.114% | $1.5M | $268K | 50x | |
| Binance LIGHTUSDT | +0.0221% | 4h | 0.1757 | +0.195% | $4.0M | $2.4M | 10x | as long as short |
| Bybit LIGHTUSDT | +0.0376% | 4h | 0.1757 | +0.165% | $2.1M | $329K | 13x | as long as short |
Aster LIGHTUSDT
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
BloFin LIGHT-USDT
Binance LIGHTUSDT
Bybit LIGHTUSDT