Settings8H · net · $10k
Funding arb · Price arb /

WDC

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter WDC444.000.0032pay 0.0004% / 1h3m 51s10x
ShortKuCoin WDCUSDTM444.230.0100get 0.0100% / 8h2h 03m$273K$45K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell KuCoin live order book, 53 min ago21.59 bp65.3 bp −$65doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX WDCUSDC−0.0824%4h444.67+0.151%$49K$230K10xas long as short
Bitget WDCUSDT−0.0414%8h444.55+0.124%$1.1M$1.1M20xas long as short
Aster WDCUSDT0.0000%8h444.03+0.006%$20K$125K20xas long as short
Extended WDC-USD0.0000%1h444.38+0.086%$3K$166K10xas long as short
Binance WDCUSDT0.0000%8h444.49+0.110%$7.3M$25.4M20xas long as short
Bybit WDCUSDT0.0000%8h444.38+0.086%$1.9M$890K25xas long as short
Gate WDC_USDT0.0000%8h444.50+0.113%$1.9M$2.5M50xas long as short
QFEX WDC-USD+0.0018%1h444.32+0.072%$1.1M$3.1M10xas long as short
GRVT WDC_USDT_Perp+0.0023%8h444.81+0.184%$520$152K10xas long as short
BloFin WDC-USDT+0.0026%8h444.60+0.135%$141K$94K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter WDClong+0.0032%1h444.00long leg10x
OKX WDC-USDT-SWAP+0.0062%8h444.67+0.151%$2.1M$4.2M20xas long as short
tradeXYZ xyz:WDC+0.0093%1h444.32+0.072%$2.3M$2.1M10xas long as short
KuCoin WDCUSDTMshort+0.0100%8h444.23+0.052%$273K$45K20x
Orderly PERP_WDC_USDC_mythos+0.0100%8h444.23+0.052%$9K$2K10xas long as short
SunX WDC-USDT+0.0100%8h444.70+0.158%$2.4M10xas long as short
HTX WDC-USDT+0.0100%8h444.73+0.164%$33K$8K10xas long as short