Funding you earn now, next payment 01:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.191%
Price spread now: Lighter against KuCoin+0.286%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$393as in the Funding arb table
Net, price: spread back to 7d avg − costs−$427as in the Price arb table
costs, in and out, $10k−$4374.370% of the position
Funding, last 7 days+0.444%+$44 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.286%, 7d avg +0.183%
=Together, before fees+0.443%+ Points / potential airdropLighter: Season 3 · farm board+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter is 0.103% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.183%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.444% in total (about 23.2% 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 CCUSDTM | 0.1191 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $499K | $119K | 50x |
| Short | Lighter CC | 0.1194 | 0.0760 | get 0.0095% / 1h | 1m 45s | $236K | $154K | 5x |
KuCoin CCUSDTM
Lighter CCFunding 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
- $138.6
- Price spread: +0.286% → +0.183%
- $10.26
- Slippage, 4 orders
- −$424.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$288.13
- Costs to cover
- 4.370%
- Break-even
- 21.6 days
Slippage from KuCoin: live order book, 51 min ago; Lighter: live order book, 54 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, 51 min ago | 20.30 bp | 214.4 bp −$214 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 54 min ago | 10.54 bp | 11.8 bp −$12 | 241.7 bp −$2,417 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.4522% | 1h | 0.1184 | −0.554% | $6K | $100 | 5.5x | as long as short |
| MEXC CC_USDT | −0.0536% | 4h | 0.1188 | −0.244% | $1.6M | $316K | 100x | as long as short |
| Bybit CCUSDT | −0.0524% | 4h | 0.1189 | −0.151% | $10.8M | $3.8M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0089% | 8h | 0.1193 | +0.161% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1191 | +0.050% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1189 | −0.101% | $11.2M | $11.6M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1189 | −0.118% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1190 | −0.092% | $367K | $214K | 50x | as long as short |
| KuCoin CCUSDTMlong | +0.0100% | 4h | 0.1191 | long leg | $499K | $119K | 50x | |
| Bitget CCUSDT | +0.0100% | 4h | 0.1189 | −0.151% | $938K | $801K | 20x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1189 | −0.101% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1188 | −0.176% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1194 | +0.284% | $608K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1195 | +0.363% | $90K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1191 | +0.051% | $6K | $36K | 6.7x | as long as short |
| Hyperliquid CC | +0.0164% | 1h | 0.1192 | +0.076% | $5.6M | $1.4M | 3x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1194 | +0.286% | $598K | $103K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0452% / S −0.0241% | 1h | 0.1193 | +0.211% | $44K | — | 50x | as long as short |
| Lighter CCshort | +0.0760% | 1h | 0.1194 | +0.286% | $236K | $154K | 5x |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]