Funding you earn now, next payment 07:00 UTC−0.0812%/8h= −88.9% APRpaid last 24h −0.228%
Price spread now: KuCoin against Lighter−0.272%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3363.360% of the position
Funding, last 7 days−0.488%−$49 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.272%, 7d avg −0.195%
=Together, before fees−0.522%+ Points / potential airdropLighter: Season 3 · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and KuCoin is 0.077% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.195%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.488% in total (about -25.5% 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 | Lighter CC | 0.1175 | 0.0912 | pay 0.0114% / 1h | 54m 12s | $251K | $170K | 5x |
| Short | KuCoin CCUSDTM | 0.1172 | 0.0100 | get 0.0050% / 4h | 1h 54m | $483K | $104K | 50x |
Lighter CC
KuCoin CCUSDTMFunding 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
- −$170.52
- Price spread: −0.272% → −0.195%
- −$7.72
- Slippage, 4 orders
- −$324.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$514.25
- Costs to cover
- 3.360%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 36 min ago; KuCoin: 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 Lighter live order book, 36 min ago | 17.81 bp | 79.5 bp −$80 | 401.6 bp −$4,016 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 21.30 bp | 132.9 bp −$133 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CCUSDT | −0.0243% | 4h | 0.1169 | −0.451% | $10.7M | $3.8M | 25x | as long as short |
| MEXC CC_USDT | −0.0238% | 4h | 0.1169 | −0.451% | $1.8M | $359K | 100x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.443% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0091% | 8h | 0.1170 | −0.384% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1171 | −0.319% | $5.4M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1171 | −0.366% | $35K | $30K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1169 | −0.460% | $11.0M | $12.0M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1171 | −0.358% | $2.5M | $3.1M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1170 | −0.443% | $359K | $196K | 50x | as long as short |
| KuCoin CCUSDTMshort | +0.0100% | 4h | 0.1172 | −0.272% | $483K | $104K | 50x |
Bybit CCUSDT
MEXC CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1170 | −0.409% | $910K | $779K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1169 | −0.468% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1169 | −0.528% | $15K | $23K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1173 | −0.183% | $598K | $56K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1175 | −0.004% | $88K | $2.8M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1167 | −0.687% | $6K | $33K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1174 | −0.043% | $597K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1168 | −0.536% | $44K | — | 50x | as long as short |
| Lighter CClong | +0.0912% | 1h | 0.1175 | long leg | $251K | $170K | 5x |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]