Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.002%
Price spread now: Lighter against KuCoin−0.214%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1621.622% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now −0.214%, 7d avg −0.032%
=Together, before fees−0.018%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.182% cheaper against KuCoin than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHIPUSDTM | 0.04675 | 0.0100 | pay 0.0050% / 4h | 40m 19s | $978K | $1.1M | 50x |
| Short | Lighter CHIP | 0.04665 | 0.0096 | get 0.0012% / 1h | 40m 19s | $86K | $107K | 3x |
KuCoin CHIPUSDTM
Lighter CHIPFunding 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: −0.214% → −0.032%
- −$18.24
- Slippage, 4 orders
- −$150.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$181.28
- Costs to cover
- 1.622%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 64 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 | 9.62 bp | 61.8 bp −$62 | 665.5 bp −$6,655 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 64 min ago | 10.52 bp | 26.5 bp −$26 | 130.4 bp −$1,304 | doesn't fit | doesn't fit |
CHIP on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CHIP_USDC_PERP | −0.0630% | 1h | 0.04681 | +0.128% | $34K | $245K | 5x | as long as short |
| ApeX Omni CHIPUSDT | −0.0593% | 1h | 0.04671 | −0.086% | $16K | $245K | 50x | as long as short |
| Bybit CHIPUSDT | −0.0529% | 4h | 0.04673 | −0.043% | $10.8M | $9.0M | 20x | as long as short |
| Phoenix CHIP | −0.0510% | 1h | 0.04664 | −0.235% | $3K | $129K | 5x | as long as short |
| Deribit CHIP_USDC-PERPETUAL | −0.0435% | 1h | 0.04671 | −0.081% | $10K | $24K | 10x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0399% | 4h | 0.04667 | −0.171% | $2.0M | $9.5M | 20x | as long as short |
| Aster CHIPUSDT | −0.0105% | 4h | 0.04678 | +0.066% | $51K | $276K | 5x | as long as short |
| Nado CHIP-PERP | −0.0091% | 1h | 0.04671 | −0.086% | $236K | $20K | 5x | as long as short |
| BloFin CHIP-USDT | +0.0062% | 4h | 0.04675 | 0.000% | $561K | $63K | 50x | as long as short |
| Extended CHIP-USD | +0.0064% | 1h | 0.04666 | −0.197% | $213K | $1.9M | 5x | as long as short |
Backpack CHIP_USDC_PERP
ApeX Omni CHIPUSDT
Bybit CHIPUSDT
Phoenix CHIP
Deribit CHIP_USDC-PERPETUAL
OKX CHIP-USDT-SWAP
Aster CHIPUSDT
Nado CHIP-PERP
BloFin CHIP-USDT
Extended CHIP-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CHIP_USDT | +0.0066% | 4h | 0.04669 | −0.128% | $1.8M | $1.2M | 50x | as long as short |
| Binance CHIPUSDT | +0.0067% | 4h | 0.04668 | −0.147% | $14.1M | $26.8M | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04665 | −0.214% | $86K | $107K | 3x | |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04678 | +0.060% | $14.5M | $6.3M | 3x | as long as short |
| Pacifica CHIP | +0.0100% | 1h | 0.04675 | −0.006% | $16K | $3K | 3x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04672 | −0.064% | $686K | $956K | 50x | as long as short |
| KuCoin CHIPUSDTMlong | +0.0100% | 4h | 0.04675 | long leg | $978K | $1.1M | 50x | |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04674 | −0.021% | $2.0M | $3.3M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04668 | −0.150% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04674 | −0.029% | $831K | $529K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04670 | −0.107% | $666 | $1.0M | 10x | as long as short |
| Aftermath Perps CHIPUSD | +0.0280% | 1h | 0.04676 | +0.015% | $132 | $38K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0736% | 1h | 0.04855 | +3.846% | $47K | $42K | 50x | as long as short |
MEXC CHIP_USDT
Binance CHIPUSDT
Hyperliquid CHIP
Pacifica CHIP
Gate CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Aftermath Perps CHIPUSD
Coinbase International CHIP-PERP-INTX