Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.060%
Price spread now: KuCoin against Lighter+0.131%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$407as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$4014.008% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.131%, 7d avg +0.079%
=Together, before fees+0.022%+ Points / potential airdropLighter: Season 3 · farm board+$2 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: KuCoin is 0.053% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SYRUP | 0.2206 | 0.0096 | pay 0.0012% / 1h | 29m 27s | $204K | $218K | 5x |
| Short | KuCoin SYRUPUSDTM | 0.2209 | 0.0100 | get 0.0050% / 4h | 3h 29m | $1.8M | $151K | 25x |
Lighter SYRUP
KuCoin SYRUPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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
- $0.84
- Price spread: +0.131% → +0.079%
- $5.28
- Slippage, 4 orders
- −$388.8
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$394.69
- Costs to cover
- 4.008%
- Break-even
- 3296.1 days
Slippage from Lighter: live order book, 6 min ago; KuCoin: 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 Lighter live order book, 6 min ago | 8.82 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 28.53 bp | 216.5 bp −$216 | doesn't fit | doesn't fit | doesn't fit |
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYRUPUSD | −0.0049% | 1h | 0.2208 | +0.093% | $40K | $22K | 10x | as long as short |
| BloFin SYRUP-USDT | +0.0064% | 4h | 0.2202 | −0.177% | $425K | $128K | 50x | as long as short |
| Lighter SYRUPlong | +0.0096% | 1h | 0.2206 | long leg | $204K | $218K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2203 | −0.127% | $14K | $69K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2202 | −0.169% | $9.0M | $7.4M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2203 | −0.131% | $2.1M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2204 | −0.091% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2203 | −0.122% | $406K | $65K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2203 | −0.136% | $2.8M | $421K | 100x | as long as short |
| KuCoin SYRUPUSDTMshort | +0.0100% | 4h | 0.2209 | +0.131% | $1.8M | $151K | 25x |
Kraken Futures PF_SYRUPUSD
BloFin SYRUP-USDT
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2205 | −0.045% | $695K | $500K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2201 | −0.222% | — | $6.6M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2203 | −0.149% | $157K | $26K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2203 | −0.131% | — | — | 5x | as long as short |
| Hyperliquid SYRUP | +0.0291% | 1h | 0.2208 | +0.077% | $5.4M | $1.9M | 3x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0328% / S −0.1447% | 1h | 0.2204 | −0.088% | $3K | — | 50x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
Hyperliquid SYRUP
GMX SYRUP/USD [ETH-USDC]