Funding you earn now, next payment 03:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h −0.019%
Price spread now: Lighter against KuCoin+0.094%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.153%−$15 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
The price spread pays, funding is against you. Lighter is 0.094% dearer against KuCoin than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.153% in total) that is about 4.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% 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 | KuCoin MINIMAXUSDTM | 38.350 | 0.0392 | pay 0.0196% / 4h | 1h 02m | $97K | $36K | 20x |
| Short | Lighter MINIMAX | 38.386 | 0.0032 | get 0.0004% / 1h | 2m 15s | $43K | $25K | 10x |
KuCoin MINIMAXUSDTM
Lighter MINIMAXFunding 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
- −$75.6
- Price spread: +0.094% → 0.000%
- $9.39
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$78.21
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
KuCoin and 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.
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 38.410 | +0.156% | $1.4M | $4.1M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.390 | +0.104% | $15 | $2.5M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 38.386 | +0.094% | $43K | $218K | 20x | as long as short |
| Lighter MINIMAXshort | +0.0032% | 1h | 38.386 | +0.094% | $43K | $25K | 10x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.347 | −0.008% | $96K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.280 | −0.183% | $29K | $38K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0232% | 1h | 38.330 | −0.053% | — | — | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0333% | 8h | 38.315 | −0.091% | $34K | $150K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0367% | 1h | 38.314 | −0.094% | $4.5M | $2.9M | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0390% | 8h | 38.420 | +0.183% | $943K | $1.1M | 25x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTMlong | +0.0392% | 4h | 38.350 | long leg | $97K | $36K | 20x | |
| Binance MINIMAXUSDT | +0.0853% | 4h | 38.373 | +0.060% | $6.5M | $31.3M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0856% | 1h | 38.321 | −0.076% | $3K | — | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0900% | 4h | 38.661 | +0.811% | $721 | $126K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0935% | 8h | 38.417 | +0.175% | $1.3M | $2.6M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1268% | 8h | 38.480 | +0.339% | $2.6M | $8.6M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1389% | 4h | 38.661 | +0.810% | $29K | $183K | 10x | as long as short |
Binance MINIMAXUSDT
Extended MINIMAX-USD
GRVT MINIMAX_USDT_Perp
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC