Funding you earn now, next payment 12:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.006%
Price spread now: KuCoin against Lighter−0.037%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.037%, 7d avg −0.021%
=Together, before fees−0.114%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LITE | 948.27 | 0.0032 | pay 0.0004% / 1h | 56m 26s | $27K | $104K | 10x |
| Short | KuCoin LITEUSDTM | 947.92 | 0.0100 | get 0.0100% / 8h | 4h 56m | $518K | $262K | 20x |
Funding 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
- $14.28
- Price spread: −0.037% → −0.021%
- −$1.63
- Slippage, 4 orders
- −$166.41
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$165.77
- Costs to cover
- 1.784%
- Break-even
- 88.3 days
Slippage from Lighter: live order book, 39 min ago; KuCoin: live order book, 39 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, 39 min ago | 0.79 bp | 2.2 bp −$2 | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 39 min ago | 17.53 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
LITE on 27 exchanges
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 LITE_USDC-PERPETUAL | −0.0404% | 1h | 947.25 | −0.108% | $18K | $38K | 10x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 947.63 | −0.067% | $1.1M | $3.8M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.49 | +0.023% | $106K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 947.50 | −0.081% | $45K | $250K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 947.88 | −0.041% | $12.1M | $51.5M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 947.86 | −0.043% | $1.8M | $2.2M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 947.99 | −0.030% | $3.5M | $18.9M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 947.72 | −0.058% | $2.6M | $3.4M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 948.78 | +0.054% | $261K | $119K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 948.10 | −0.018% | $675 | $3.4M | 10x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX LITE-USDT | 0.0000% | 8h | 948.99 | +0.076% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 948.37 | +0.011% | $1.5M | $751K | 10x | as long as short |
| BloFin LITE-USDT | +0.0014% | 8h | 948.64 | +0.039% | $217K | $259K | 20x | as long as short |
| Lighter LITElong | +0.0032% | 1h | 948.27 | long leg | $27K | $104K | 10x | |
| Coinbase International LITE-PERP-INTX | +0.0040% | 1h | 950.35 | +0.219% | $122K | $169K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 947.91 | −0.038% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 948.26 | −0.001% | $7.7M | $5.1M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 947.86 | −0.043% | $69K | $232K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.02 | −0.026% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 948.34 | +0.007% | $32K | $363K | 10x | as long as short |
| Gate LITE_USDT | +0.0080% | 8h | 948.58 | +0.033% | $8.0M | $6.5M | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 947.92 | −0.037% | $921 | $3K | 10x | as long as short |
| KuCoin LITEUSDTMshort | +0.0100% | 8h | 947.92 | −0.037% | $518K | $262K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.34 | +0.007% | $16K | $267K | 50x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 947.76 | −0.054% | — | — | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0471% | 8h | 949.28 | +0.106% | $883 | $191K | 10x | as long as short |
| edgeX LITEUSDC | +0.0620% | 4h | 949.08 | +0.086% | $64K | $488K | 10x | as long as short |
Lighter LITE
KuCoin LITEUSDTM
Deribit LITE_USDC-PERPETUAL
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Coinbase International LITE-PERP-INTX
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Gate LITE_USDT
ApeX Omni LITEUSDT
GRVT LITE_USDT_Perp
edgeX LITEUSDC