Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h —
Price spread now: Lighter against KuCoin−0.073%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BEUSDTM | 274.57 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $371K | $19K | 20x |
| Short | Lighter BE | 274.37 | 0.0032 | get 0.0004% / 1h | 46m 56s | — | — | 10x |
KuCoin BEUSDTM
Lighter BEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$14.28
- Price spread: −0.073% → 0.000%
- −$7.28
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.56
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 25 min ago; Lighter: no order-book sample. Net counts fees only.
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, 25 min ago | 18.89 bp | 87.7 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.46 | −0.038% | $345K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.50 | −0.025% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.99 | +0.153% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.27 | −0.110% | $7K | $163K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.19 | −0.138% | $910 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.79 | +0.080% | $13K | $35K | 20x | as long as short |
| Lighter BEshort | +0.0032% | 1h | 274.37 | −0.073% | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 274.51 | −0.022% | $251K | $290K | 10x | as long as short |
| Extended BE-USD | +0.0032% | 1h | 274.59 | +0.007% | $46K | $260K | 10x | as long as short |
| Binance BEUSDT | +0.0035% | 8h | 274.69 | +0.042% | $8.5M | $36.5M | 25x | as long as short |
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Lighter RH BE
Extended BE-USD
Binance BEUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0036% | 1h | 274.65 | +0.029% | $1.3M | $2.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.40 | −0.062% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.61 | +0.015% | — | — | 10x | as long as short |
| Bybit BEUSDT | +0.0048% | 8h | 274.77 | +0.073% | $2.0M | $1.1M | 25x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.65 | +0.029% | $5.9M | $2.6M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.08 | −0.543% | $473K | $128K | 10x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 274.57 | long leg | $371K | $19K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.58 | +0.003% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0139% | 8h | 274.85 | +0.102% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0139% | 8h | 274.79 | +0.080% | $45K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0661% | 1h | 274.58 | +0.004% | $7K | $4K | 10x | as long as short |
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
Bybit BEUSDT
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
Aevo BE-PERP
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL