Funding you earn now, next payment 05:00 UTC−0.1058%/8h= −115.9% APRpaid last 24h −0.186%
Price spread now: KuCoin against Lighter−0.562%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−0.084%−$8 on $10k
+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 −$32 a day on $10k at the current rate, and KuCoin is 0.562% cheaper against Lighter than usual: you would sell low and buy high (−$56 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BOT | 29.516 | 0.0032 | pay 0.0004% / 1h | 23m 01s | $68K | $1K | 3x |
| Short | KuCoin BOTUSDTM | 29.350 | −0.1026 | pay 0.1026% / 8h | 3h 23m | $95K | $293K | 20x |
Lighter BOT
KuCoin BOTUSDTMFunding 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
- −$222.18
- Price spread: −0.562% → 0.000%
- −$56.24
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$290.42
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 48 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 48 min ago | 20.35 bp | 474.6 bp −$475 | doesn't fit | doesn't fit | doesn't fit |
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.
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | −0.1625% | 1h | 29.358 | −0.535% | $3.1M | $771K | 10x | as long as short |
| KuCoin BOTUSDTMshort | −0.1026% | 8h | 29.350 | −0.562% | $95K | $293K | 20x | |
| OKX BOT-USDT-SWAP | −0.1005% | 8h | 29.360 | −0.529% | $234K | $213K | 20x | as long as short |
| Binance BOTUSDT | −0.0763% | 8h | 29.354 | −0.549% | $451K | $1.2M | 10x | as long as short |
| Variational Omni BOT | −0.0681% | 8h | 29.360 | −0.530% | $31K | $14K | — | as long as short |
| QFEX BOT-USD | −0.0080% | 1h | 29.360 | −0.529% | $1.2M | $516K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.340 | −0.596% | $508K | $555K | 25x | as long as short |
| Gate BOT_USDT | 0.0000% | 8h | 29.440 | −0.257% | $255K | $235K | 20x | as long as short |
| Bitget BOTUSDT | 0.0000% | 8h | 29.420 | −0.325% | $246K | $120K | 5x | as long as short |
| Lighter BOTlong | +0.0032% | 1h | 29.516 | long leg | $68K | $1K | 3x |
tradeXYZ xyz:BOT
OKX BOT-USDT-SWAP
Binance BOTUSDT
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Gate BOT_USDT
Bitget BOTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.320 | −0.664% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.408 | −0.366% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT