Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.058%
Price spread now: Lighter against KuCoin−0.005%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3203.200% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.005%, 7d avg −0.078%
=Together, before fees+0.029%+ Points / potential airdropLighter: Season 3 · farm board+$3 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 0.073% dearer against KuCoin than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SYRUPUSDTM | 0.2207 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $1.8M | $151K | 25x |
| Short | Lighter SYRUP | 0.2207 | 0.0096 | get 0.0012% / 1h | 47m 05s | $205K | $219K | 5x |
KuCoin SYRUPUSDTM
Lighter SYRUPFunding 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: −0.005% → −0.078%
- $7.34
- Slippage, 4 orders
- −$308.05
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$313.54
- Costs to cover
- 3.200%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Lighter: live order book, 48 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 | 24.63 bp | 119.8 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 48 min ago | 8.82 bp | 32.8 bp −$33 | 594.4 bp −$5,944 | doesn't fit | doesn't fit |
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SYRUPUSD | −0.0415% | 1h | 0.2205 | −0.098% | $39K | $23K | 10x | as long as short |
| BloFin SYRUP-USDT | +0.0095% | 4h | 0.2202 | −0.236% | $422K | $126K | 50x | as long as short |
| Lighter SYRUPshort | +0.0096% | 1h | 0.2207 | −0.005% | $205K | $219K | 5x | |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2205 | −0.116% | $14K | $68K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2202 | −0.222% | $9.0M | $7.5M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2205 | −0.109% | $2.2M | $2.3M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2202 | −0.236% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2203 | −0.208% | $405K | $64K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2202 | −0.236% | $2.8M | $423K | 100x | as long as short |
| KuCoin SYRUPUSDTMlong | +0.0100% | 4h | 0.2207 | long leg | $1.8M | $151K | 25x |
Kraken Futures PF_SYRUPUSD
BloFin SYRUP-USDT
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2204 | −0.145% | $696K | $509K | 20x | as long as short |
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2204 | −0.163% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2207 | −0.017% | $157K | $27K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2202 | −0.218% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0314% / S −0.1301% | 1h | 0.2203 | −0.175% | $2K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0361% | 1h | 0.2206 | −0.041% | $5.4M | $1.9M | 3x | as long as short |
Bitget SYRUPUSDT
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP