Funding you earn now, next payment 09:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h +0.006%
Price spread now: Lighter against KuCoin+0.146%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1551.550% of the position
Funding, last 7 days+0.146%+$15 on $10k
+Price spread, last 4 days (all we have)−0.928%−$93 · spread now +0.146%, 7d avg −0.023%
=Together, before fees−0.782%+ Points / potential airdropLighter: Season 3 · farm board−$78 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.169% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CHIPUSDTM | 0.04802 | 0.0014 | pay 0.0007% / 4h | 3h 42m | $1.0M | $1.1M | 50x |
| Short | Lighter CHIP | 0.04809 | 0.0096 | get 0.0012% / 1h | 42m 34s | $100K | $106K | 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
- $17.22
- Price spread: +0.146% → −0.023%
- $16.93
- Slippage, 4 orders
- −$142.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.83
- Costs to cover
- 1.550%
- Break-even
- 56.1 days
Slippage from KuCoin: live order book, 2 min ago; Lighter: live order book, 28 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, 2 min ago | 8.28 bp | 73.5 bp −$74 | 697.7 bp −$6,977 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 28 min ago | 13.53 bp | 26.6 bp −$27 | 125.7 bp −$1,257 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CHIP_USDC-PERPETUAL | −0.0894% | 1h | 0.04800 | −0.033% | $10K | $23K | 10x | as long as short |
| Phoenix CHIP | −0.0167% | 1h | 0.04835 | +0.687% | $3K | $122K | 5x | as long as short |
| OKX CHIP-USDT-SWAP | −0.0025% | 4h | 0.04803 | +0.021% | $2.2M | $9.6M | 20x | as long as short |
| Aftermath Perps CHIPUSD | −0.0022% | 1h | 0.04829 | +0.560% | $208 | $35K | 5x | as long as short |
| KuCoin CHIPUSDTMlong | +0.0014% | 4h | 0.04802 | long leg | $1.0M | $1.1M | 50x | |
| ApeX Omni CHIPUSDT | +0.0091% | 1h | 0.04830 | +0.583% | $17K | $246K | 50x | as long as short |
| Lighter CHIPshort | +0.0096% | 1h | 0.04809 | +0.146% | $100K | $106K | 3x | |
| Nado CHIP-PERP | +0.0099% | 1h | 0.04804 | +0.031% | $243K | $18K | 5x | as long as short |
| Hyperliquid CHIP | +0.0100% | 1h | 0.04814 | +0.254% | $14.9M | $5.9M | 3x | as long as short |
| Aster CHIPUSDT | +0.0100% | 4h | 0.04808 | +0.120% | $49K | $273K | 5x | as long as short |
Deribit CHIP_USDC-PERPETUAL
Phoenix CHIP
OKX CHIP-USDT-SWAP
Aftermath Perps CHIPUSD
ApeX Omni CHIPUSDT
Nado CHIP-PERP
Hyperliquid CHIP
Aster CHIPUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CHIP | +0.0100% | 1h | 0.04805 | +0.071% | $16K | $4K | 3x | as long as short |
| Binance CHIPUSDT | +0.0100% | 4h | 0.04803 | +0.021% | $14.4M | $26.8M | 50x | as long as short |
| Bybit CHIPUSDT | +0.0100% | 4h | 0.04806 | +0.083% | $11.0M | $9.0M | 20x | as long as short |
| Gate CHIP_USDT | +0.0100% | 4h | 0.04807 | +0.104% | $719K | $1.0M | 50x | as long as short |
| MEXC CHIP_USDT | +0.0100% | 4h | 0.04802 | 0.000% | $1.9M | $1.0M | 50x | as long as short |
| Bitget CHIPUSDT | +0.0100% | 4h | 0.04804 | +0.042% | $2.0M | $3.4M | 50x | as long as short |
| BingX CHIP-USDT | +0.0100% | 4h | 0.04803 | +0.021% | — | $1.9M | — | as long as short |
| Variational Omni CHIP | +0.0100% | 4h | 0.04833 | +0.650% | $932K | $472K | — | as long as short |
| SunX CHIP-USDT | +0.0100% | 4h | 0.04803 | +0.021% | $599 | $1.0M | 10x | as long as short |
| Extended CHIP-USD | +0.0104% | 1h | 0.04799 | −0.057% | $219K | $1.8M | 5x | as long as short |
| BloFin CHIP-USDT | +0.0145% | 4h | 0.04791 | −0.229% | $576K | $117K | 50x | as long as short |
| Backpack CHIP_USDC_PERP | +0.0455% | 1h | 0.04803 | +0.021% | $26K | $207K | 5x | as long as short |
| Coinbase International CHIP-PERP-INTX | +0.0896% | 1h | 0.04867 | +1.354% | $47K | $38K | 50x | as long as short |
Pacifica CHIP
Binance CHIPUSDT
Bybit CHIPUSDT
Gate CHIP_USDT
MEXC CHIP_USDT
Bitget CHIPUSDT
BingX CHIP-USDT
Variational Omni CHIP
SunX CHIP-USDT
Extended CHIP-USD
BloFin CHIP-USDT
Backpack CHIP_USDC_PERP
Coinbase International CHIP-PERP-INTX