Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Lighter RH against KuCoin+0.111%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$150.147% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 7 days−0.101%−$10 · spread now +0.111%, 7d avg +0.024%
=Together, before fees−0.004%+ Points / potential airdropLighter RH: Points live · farm board$0 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 RH is 0.088% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ETHUSDTM | 2,775.7 | 0.0100 | pay 0.0100% / 8h | 1h 45m | $424.8M | $737.8M | 100x |
| Short | Lighter RH ETH | 2,778.8 | 0.0096 | get 0.0012% / 1h | 45m 48s | $25.4M | $120.8M | 50x |
KuCoin ETHUSDTM
Lighter RH ETHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: +0.111% → +0.024%
- $8.78
- Slippage, 4 orders
- −$2.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$6.77
- Costs to cover
- 0.147%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Lighter RH: live order book, 3 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, 3 min ago | 0.02 bp | 6.2 bp −$6 | 7.7 bp −$77 | 10.5 bp −$1,045 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.19 bp | 1.3 bp −$1 | 2.7 bp −$27 | 5.9 bp −$590 | 50.5 bp −$25.3K |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl ETH | −0.0447% | 43m | 2,773.9 | −0.062% | $289K | $6.9M | 8.3x | as long as short |
| RISEx ETH/USDC | −0.0085% | 1h | 2,773.4 | −0.083% | $5.8M | $12.0M | 25x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,775.3 | −0.013% | $5K | $2K | 50x | as long as short |
| Injective ETH/USDC PERP | −0.0041% | 1h | 2,762.7 | −0.467% | $119K | $22.5M | 52x | as long as short |
| 01 Exchange ETHUSD | −0.0040% | 1h | 2,773.8 | −0.067% | $169K | $1.2M | 50x | as long as short |
| Aftermath Perps ETHUSD | −0.0007% | 1h | 2,773.3 | −0.085% | $29K | $22K | 20x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,777.3 | +0.059% | $12.7M | $45.5M | 50x | as long as short |
| Phoenix ETH | 0.0000% | 1h | 2,772.5 | −0.114% | $884K | $3.7M | 25x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0006% / S −0.0006% | 1h | 2,775.1 | −0.022% | $22.4M | — | 200x | as long as short |
| Phemex ETHUSDT | +0.0014% | 8h | 2,775 | −0.024% | $267.3M | $65.6M | 150x | as long as short |
Perpl ETH
RISEx ETH/USDC
Hotstuff ETH-PERP
Injective ETH/USDC PERP
01 Exchange ETHUSD
Aftermath Perps ETHUSD
dYdX ETH-USD
Phoenix ETH
gTrade (Gains Network) ETH/USD
Phemex ETHUSDTShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ETH-USDC | +0.0017% | 8h | 2,774.8 | −0.031% | — | $17.4M | — | as long as short |
| OKX ETH-USDT-SWAP | +0.0020% | 8h | 2,776.3 | +0.023% | $1.71B | $11.83B | 100x | as long as short |
| GMX ETH/USD [ETH-USDC] | L +0.0028% / S +0.0009% | 1h | 2,775 | −0.025% | $13.2M | — | 200x | as long as short |
| Aster ETHUSDT | +0.0031% | 8h | 2,776.1 | +0.015% | $256.7M | $990.7M | 200x | as long as short |
| Bullet ETH-USD | +0.0035% | 1h | 2,774.1 | −0.056% | $181K | $1.8M | 20x | as long as short |
| Nado ETH-PERP | +0.0038% | 1h | 2,773.6 | −0.075% | $14.3M | $118.0M | 50x | as long as short |
| Aevo ETH-PERP | +0.0048% | 1h | 2,773.3 | −0.086% | $5.0M | $636K | 20x | as long as short |
| MEXC ETH_USDT | +0.0053% | 8h | 2,777 | +0.048% | $1.61B | $2.64B | 500x | as long as short |
| Binance ETHUSDT | +0.0054% | 8h | 2,777 | +0.048% | $6.45B | $17.13B | 150x | as long as short |
| Bitget ETHUSDT | +0.0073% | 8h | 2,776.1 | +0.017% | $2.10B | $3.10B | 150x | as long as short |
| Deribit ETH-PERPETUAL | +0.0074% | 1h | 2,776.8 | +0.042% | $258.4M | $223.0M | 50x | as long as short |
| Hibachi ETH/USDT-P | +0.0080% | 1h | 2,775.2 | −0.018% | $287K | $1.5M | 20x | as long as short |
| Gate ETH_USDT | +0.0081% | 8h | 2,775.3 | −0.012% | $3.29B | $9.56B | 200x | as long as short |
| SoDEX ETH-USD | +0.0095% | 1h | 2,775.2 | −0.017% | $55.3M | $228.7M | 40x | as long as short |
| HTX ETH-USDT | +0.0095% | 8h | 2,774.3 | −0.048% | $1.08B | $1.32B | 200x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,776.6 | +0.034% | $115.2M | $496.4M | 50x | as long as short |
| Lighter RH ETHshort | +0.0096% | 1h | 2,778.8 | +0.111% | $25.4M | $120.8M | 50x | |
| Jupiter Perps ETH-PERP | L +0.0096% / S +0.0048% | 1h | 2,774.9 | −0.027% | — | $41.3M | 500x | as long as short |
| Bybit ETHUSDT | +0.0099% | 8h | 2,776.8 | +0.040% | $2.52B | $4.60B | 150x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,777 | +0.050% | $16.0M | $10.6M | 50x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,773.4 | −0.081% | $480K | $2.8M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,777.7 | +0.073% | $3.19B | $2.38B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,777.3 | +0.059% | $31.3M | $295.5M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,775.9 | +0.009% | $2.8M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,775.3 | −0.012% | $2.8M | $17.4M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,770.6 | −0.182% | $166.0M | $246.3M | 25x | as long as short |
| KuCoin ETHUSDTMlong | +0.0100% | 8h | 2,775.7 | long leg | $424.8M | $737.8M | 100x | |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,775.4 | −0.010% | $15.3M | $44.0M | 50x | as long as short |
| Variational Omni ETH | +0.0100% | 8h | 2,770.1 | −0.201% | $135.6M | $326.7M | — | as long as short |
| edgeX ETHUSDC | +0.0100% | 4h | 2,770.7 | −0.180% | $179.6M | $779.4M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,771.6 | −0.145% | $161.2M | $94.7M | 50x | as long as short |
| ApeX Omni ETHUSDT | +0.0100% | 1h | 2,771 | −0.169% | $8.7M | $32.7M | 100x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,774.6 | −0.038% | $21.4M | $57.9M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,774.2 | −0.053% | — | $1.1M | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,775.2 | −0.017% | $10.8M | $7.7M | 50x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,777.3 | +0.059% | $42.7M | $29.3M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,773.7 | −0.072% | $973K | $14.0M | 100x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,774.6 | −0.039% | $31.4M | $74.6M | 50x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0104% | 1h | 2,776.8 | +0.040% | $60.1M | $4.60B | 50x | as long as short |
| Kalshi KXETHPERP | +0.0108% | 8h | 2,775.3 | −0.013% | $8.6M | $673.4M | 4.9x | as long as short |
| Orderly PERP_ETH_USDC | +0.0139% | 8h | 2,777.6 | +0.068% | $32.6M | $12.0M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0170% | 1h | 2,776.5 | +0.032% | $86.2M | $330.5M | 100x | as long as short |
| BloFin ETH-USDT | +0.0172% | 8h | 2,772.8 | −0.102% | $285.2M | $194.7M | 150x | as long as short |
| Reya ETHRUSDPERP | +0.0188% | 1h | 2,773.8 | −0.068% | $7.4M | $1.1M | 25x | as long as short |
| Bluefin ETH-PERP | +0.0275% | 1h | 2,775.4 | −0.010% | $21K | $24K | 25x | as long as short |
BingX ETH-USDC
OKX ETH-USDT-SWAP
GMX ETH/USD [ETH-USDC]
Aster ETHUSDT
Bullet ETH-USD
Nado ETH-PERP
Aevo ETH-PERP
MEXC ETH_USDT
Binance ETHUSDT
Bitget ETHUSDT
Deribit ETH-PERPETUAL
Hibachi ETH/USDT-P
Gate ETH_USDT
SoDEX ETH-USD
HTX ETH-USDT
Lighter ETH
Jupiter Perps ETH-PERP
Bybit ETHUSDT
Paradex ETH-USD-PERP
Katana Perps ETH-USD
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Backpack ETH_USDC_PERP
Variational Omni ETH
edgeX ETHUSDC
GRVT ETH_USDT_Perp
ApeX Omni ETHUSDT
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Derive ETH-PERP
SunX ETH-USDT
Extended ETH-USD
Coinbase International ETH-PERP-INTX
Kalshi KXETHPERP
Orderly PERP_ETH_USDC
Kraken Futures PF_ETHUSD
BloFin ETH-USDT
Reya ETHRUSDPERP
Bluefin ETH-PERP