Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: Lighter against KuCoin−0.024%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.362% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now −0.024%, 7d avg −0.021%
=Together, before fees−0.227%+ Points / potential airdropLighter: Season 3 · farm board−$23 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ADAUSDTM | 0.2455 | 0.0100 | pay 0.0100% / 8h | 4m 34s | $29.7M | $16.0M | 75x |
| Short | Lighter ADA | 0.2454 | 0.0096 | get 0.0012% / 1h | 4m 34s | $2.4M | $1.0M | 10x |
KuCoin ADAUSDTM
Lighter ADAFunding 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
- −$0.84
- Price spread: −0.024% → −0.021%
- −$0.38
- Slippage, 4 orders
- −$24.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.45
- Costs to cover
- 0.362%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 2 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 KuCoin live order book, 4 min ago | 1.42 bp | 13.6 bp −$14 | 21.6 bp −$216 | 64.2 bp −$6,420 | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.83 bp | 7.1 bp −$7 | 19.6 bp −$196 | 54.3 bp −$5,433 | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2452 | −0.126% | $202K | $2K | 10x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2455 | +0.035% | $84K | — | 150x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | +0.668% | $849 | $202K | 12x | as long as short |
| Lighter ADAshort | +0.0096% | 1h | 0.2454 | −0.024% | $2.4M | $1.0M | 10x | |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2457 | +0.098% | $6K | $5K | 20x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2454 | −0.041% | $1.2M | $1.2M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2454 | −0.016% | $157K | $181K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2453 | −0.065% | $103.7M | $407.7M | 75x | as long as short |
| Bybit ADAUSDT | +0.0100% | 8h | 0.2452 | −0.106% | $73.3M | $126.7M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2452 | −0.106% | $32.7M | $119.0M | 50x | as long as short |
dYdX ADA-USD
gTrade (Gains Network) ADA/USD
Injective ADA/USDC PERP
Orderly PERP_ADA_USDC
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDT
Bybit ADAUSDT
OKX ADA-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ADA_USDT | +0.0100% | 8h | 0.2452 | −0.106% | $100.3M | $65.8M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2452 | −0.106% | $53.1M | $66.7M | 300x | as long as short |
| KuCoin ADAUSDTMlong | +0.0100% | 8h | 0.2455 | long leg | $29.7M | $16.0M | 75x | |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2453 | −0.065% | $66.6M | $54.0M | 75x | as long as short |
| BingX ADA-USDC | +0.0100% | 8h | 0.2453 | −0.065% | — | $6.6M | — | as long as short |
| Backpack ADA_USDC_PERP | +0.0100% | 1h | 0.2457 | +0.098% | $142K | $486K | 15x | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2453 | −0.058% | $4.2M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2456 | +0.048% | $66K | $288K | 20x | as long as short |
| GRVT ADA_USDT_Perp | +0.0100% | 8h | 0.2456 | +0.045% | $292K | $3.8M | 10x | as long as short |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2456 | +0.057% | $76K | $895K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2457 | +0.094% | $124K | $1.3M | 10x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2458 | +0.131% | $40K | $4K | 5x | as long as short |
| SunX ADA-USDT | +0.0100% | 8h | 0.2454 | −0.024% | $8K | $756K | 30x | as long as short |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2455 | +0.037% | $338 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2457 | +0.082% | $1.3M | $7.1M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2455 | +0.016% | $47.5M | $7.6M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0104% | 8h | 0.2454 | −0.016% | $21K | $250 | 20x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2453 | −0.069% | $505K | $1.8M | 50x | as long as short |
| Kalshi KXADAPERP | +0.0107% | 8h | 0.2456 | +0.057% | $235K | $7.7M | 3.2x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0144% | 1h | 0.2456 | +0.057% | $381K | $8.4M | 50x | as long as short |
| Hyperliquid ADA | +0.0168% | 1h | 0.2457 | +0.114% | $43.5M | $18.3M | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2457 | +0.098% | $4.5M | $5.9M | 75x | as long as short |
| Phoenix ADA | +0.0228% | 1h | 0.2457 | +0.086% | $3K | $112K | 10x | as long as short |
| Reya ADARUSDPERP | +0.0272% | 1h | 0.2457 | +0.080% | $1K | — | 15x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0279% | 1h | 0.2456 | +0.048% | $6.4M | $14.1M | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0370% / S −0.0295% | 1h | 0.2455 | +0.026% | $87K | — | 100x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0442% | 1h | 0.2458 | +0.122% | $632K | $661K | 50x | as long as short |
Gate ADA_USDT
MEXC ADA_USDT
Bitget ADAUSDT
BingX ADA-USDC
Backpack ADA_USDC_PERP
Variational Omni ADA
edgeX ADAUSDC
GRVT ADA_USDT_Perp
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Derive ADA-PERP
SunX ADA-USDT
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Paradex ADA-USD-PERP
Extended ADA-USD
Kalshi KXADAPERP
Coinbase International ADA-PERP-INTX
Hyperliquid ADA
BloFin ADA-USDT
Phoenix ADA
Reya ADARUSDPERP
Kraken Futures PF_ADAUSD
GMX ADA/USD [WBTC.b-USDC]
Deribit ADA_USDC-PERPETUAL