Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h —
Price spread now: KuCoin against Lighter+0.052%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—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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter WDC | 444.00 | 0.0032 | pay 0.0004% / 1h | 3m 51s | — | — | 10x |
| Short | KuCoin WDCUSDTM | 444.23 | 0.0100 | get 0.0100% / 8h | 2h 03m | $273K | $45K | 20x |
Funding 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
- $14.28
- Price spread: +0.052% → 0.000%
- $5.18
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $7.46
- Costs to cover
- 0.120%
- Break-even
- 3.3 days
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 53 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, 53 min ago | 21.59 bp | 65.3 bp −$65 | 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.
WDC 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0824% | 4h | 444.67 | +0.151% | $49K | $230K | 10x | as long as short |
| Bitget WDCUSDT | −0.0414% | 8h | 444.55 | +0.124% | $1.1M | $1.1M | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 444.03 | +0.006% | $20K | $125K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 444.38 | +0.086% | $3K | $166K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 444.49 | +0.110% | $7.3M | $25.4M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 444.38 | +0.086% | $1.9M | $890K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 444.50 | +0.113% | $1.9M | $2.5M | 50x | as long as short |
| QFEX WDC-USD | +0.0018% | 1h | 444.32 | +0.072% | $1.1M | $3.1M | 10x | as long as short |
| GRVT WDC_USDT_Perp | +0.0023% | 8h | 444.81 | +0.184% | $520 | $152K | 10x | as long as short |
| BloFin WDC-USDT | +0.0026% | 8h | 444.60 | +0.135% | $141K | $94K | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDClong | +0.0032% | 1h | 444.00 | long leg | — | — | 10x | |
| OKX WDC-USDT-SWAP | +0.0062% | 8h | 444.67 | +0.151% | $2.1M | $4.2M | 20x | as long as short |
| tradeXYZ xyz:WDC | +0.0093% | 1h | 444.32 | +0.072% | $2.3M | $2.1M | 10x | as long as short |
| KuCoin WDCUSDTMshort | +0.0100% | 8h | 444.23 | +0.052% | $273K | $45K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 444.23 | +0.052% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 444.70 | +0.158% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 444.73 | +0.164% | $33K | $8K | 10x | as long as short |
Lighter WDC
KuCoin WDCUSDTM
edgeX WDCUSDC
Bitget WDCUSDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
GRVT WDC_USDT_Perp
BloFin WDC-USDT
OKX WDC-USDT-SWAP
tradeXYZ xyz:WDC
SunX WDC-USDT
HTX WDC-USDT