Funding you earn now, next payment 05:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter RH+0.033%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2592.592% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now +0.033%, 7d avg +0.043%
=Together, before fees+0.342%+ Points / potential airdropLighter RH: Points live · farm board+$34 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 | Lighter RH BE | 273.03 | 0.0032 | pay 0.0004% / 1h | 19m 04s | $249K | $290K | 10x |
| Short | KuCoin BEUSDTM | 273.12 | 0.0100 | get 0.0100% / 8h | 3h 19m | $369K | $20K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter RH. 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: +0.033% → +0.043%
- −$0.97
- Slippage, 4 orders
- −$247.21
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$245.9
- Costs to cover
- 2.592%
- Break-even
- 127.5 days
Slippage from Lighter RH: live order book, 33 min ago; KuCoin: live order book, 53 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 RH live order book, 33 min ago | 5.83 bp | 5.9 bp −$6 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 min ago | 18.89 bp | 158.9 bp −$159 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 272.96 | −0.026% | $343K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 272.90 | −0.048% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.01 | −0.007% | $1.6M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 273.51 | +0.175% | $7K | $162K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 273.12 | +0.033% | $871 | $2.4M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 272.97 | −0.022% | $6K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.66 | +0.231% | $13K | $35K | 20x | as long as short |
| Binance BEUSDT | +0.0007% | 8h | 272.99 | −0.015% | $8.4M | $36.7M | 25x | as long as short |
| Extended BE-USD | +0.0008% | 1h | 272.91 | −0.045% | $47K | $262K | 10x | as long as short |
| Bybit BEUSDT | +0.0015% | 8h | 273.15 | +0.044% | $2.0M | $1.1M | 25x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BE-USDT | +0.0028% | 8h | 273.25 | +0.081% | $45K | $142K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.92 | −0.040% | — | — | 10x | as long as short |
| Lighter RH BElong | +0.0032% | 1h | 273.03 | long leg | $249K | $290K | 10x | |
| QFEX BE-USD | +0.0036% | 1h | 273.19 | +0.059% | $1.3M | $2.6M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.34 | +0.114% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.20 | +0.062% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 272.99 | −0.015% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 273.04 | +0.004% | $476K | $136K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0098% | 8h | 273.16 | +0.048% | $2.6M | $6.9M | 25x | as long as short |
| KuCoin BEUSDTMshort | +0.0100% | 8h | 273.12 | +0.033% | $369K | $20K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 273.04 | +0.004% | — | — | 10x | as long as short |
Lighter RH BE
KuCoin BEUSDTM
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Binance BEUSDT
Extended BE-USD
Bybit BEUSDT
BloFin BE-USDT
Lighter BE
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP