Settings8H · net · $10k
Funding arb · Price arb /

COIN

RWAall COIN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.034%
Price spread now: KuCoin against Lighter RH−0.071%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1491.493% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.153%+$15 on $10k
Price spread, last 7 days+0.074%+$7 · spread now −0.071%, 7d avg +0.031%
Together, before fees+0.227%+ Points / potential airdropLighter RH: Points live · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.102% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.031%). If the spread goes back, that is −$10 on $10k: about 5.0 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH COIN195.890.0032pay 0.0004% / 1h24m 09s$461K$1.5M10x
ShortKuCoin COINUSDTM195.750.0100get 0.0100% / 8h1h 24m$986K$136K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter RH. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14.28
Price spread: −0.071% → +0.031%
−$10.25
Slippage, 4 orders
−$137.25
Fee Lighter RH: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$145.22
Costs to cover
1.493%
Break-even
78.2 days
Slippage from Lighter RH: live order book, 3 min ago; KuCoin: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.28 bp3.7 bp −$410.1 bp −$101doesn't fitdoesn't fit
Sell KuCoin live order book, 55 min ago18.42 bp37.5 bp −$38doesn't fitdoesn't fitdoesn't fit

COIN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget COINUSDT−0.0693%8h196.00+0.056%$6.3M$10.6M20xas long as short
Injective COIN/USDC PERP−0.0440%1h195.60−0.148%$43K$48K30xas long as short
Vest COIN-USD-PERP−0.0099%1h195.34−0.281%$322K25xas long as short
Aster COINUSDT0.0000%8h195.77−0.063%$342K$890K20xas long as short
Extended COIN_24_5-USD0.0000%1h195.89−0.001%$116K$790K10xas long as short
Binance COINUSDT0.0000%8h195.98+0.047%$15.0M$82.2M20xas long as short
Bybit COINUSDT0.0000%8h195.93+0.020%$4.7M$6.2M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h195.92+0.015%$3.0M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h195.98+0.046%$1.2M$7.4M50xas long as short
Variational Omni COIN0.0000%8h195.90+0.005%$711K$973Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COIN_USDT_Perp0.0000%8h195.71−0.092%$12K$2.7M10xas long as short
Lighter RH COINlong+0.0032%1h195.89long leg$461K$1.5M10x
Arcus COIN-USD+0.0040%1h195.82−0.036%$15K$54K5xas long as short
QFEX COIN-USD+0.0045%1h195.85−0.020%$1.3M$2.9M10xas long as short
tradeXYZ xyz:COIN+0.0050%1h195.83−0.031%$15.2M$13.2M10xas long as short
Polymarket Perps COIN-USD+0.0050%1h195.77−0.061%$130K$1.4M10xas long as short
SoDEX COIN-USD+0.0050%1h195.94+0.026%$78$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h195.67−0.112%$444K$2.8M10xas long as short
KuCoin COINUSDTMshort+0.0100%8h195.75−0.071%$986K$136K20x
ApeX Omni COINUSDT+0.0100%1h195.53−0.184%$88K$287K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h195.85−0.020%$566$4K10xas long as short
Aevo COIN-PERP+0.0104%1h195.91+0.011%$11610xas long as short
Lighter COIN+0.0112%1h195.89+0.002%$364K$2.3M10xas long as short
BloFin COIN-USDT+0.0120%8h195.99+0.051%$187K$425K20xas long as short
Phoenix COIN+0.0163%1h195.47−0.214%$4K$283K10xas long as short
edgeX COINUSDC+0.0357%4h195.66−0.118%$50K$294K10xas long as short