Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against KuCoin−0.051%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2442.436% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.051%, 7d avg −0.043%
=Together, before fees−0.278%+ Points / potential airdropLighter RH: Points live · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BEUSDTM | 272.58 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $368K | $18K | 20x |
| Short | Lighter RH BE | 272.44 | 0.0032 | get 0.0004% / 1h | 6m 45s | $243K | $300K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.051% → −0.043%
- −$0.87
- Slippage, 4 orders
- −$231.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$258.75
- Costs to cover
- 2.436%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 51 min ago; Lighter RH: live order book, 40 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, 51 min ago | 18.73 bp | 142.1 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 40 min ago | 3.86 bp | 4.6 bp −$5 | 15.9 bp −$159 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget BEUSDT | −0.0060% | 8h | 272.80 | +0.081% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 272.60 | +0.007% | $342K | $121K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.71 | +0.046% | $46K | $253K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 272.79 | +0.077% | $8.3M | $37.4M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 272.80 | +0.081% | $2.6M | $6.9M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.90 | +0.117% | $1.4M | $3.3M | 50x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 272.76 | +0.068% | $6K | $158K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 272.85 | +0.099% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 272.84 | +0.095% | $13K | $35K | 20x | as long as short |
| QFEX BE-USD | +0.0024% | 1h | 272.90 | +0.117% | $1.3M | $2.5M | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0025% | 8h | 272.88 | +0.110% | $2.0M | $1.2M | 25x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.25 | −0.121% | — | — | 10x | as long as short |
| Lighter RH BEshort | +0.0032% | 1h | 272.44 | −0.051% | $243K | $300K | 10x | |
| Arcus BE-USD | +0.0040% | 1h | 272.48 | −0.037% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.71 | +0.048% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 272.63 | +0.018% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.730% | $473K | $134K | 10x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 272.58 | long leg | $368K | $18K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 272.95 | +0.137% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 272.95 | +0.136% | $45K | $147K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0410% | 1h | 272.97 | +0.143% | $6K | $4K | 10x | as long as short |
KuCoin BEUSDTM
Lighter RH BE
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
Gate BE_USDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
Lighter BE
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL