ARB: KuCoin → Lighter

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+73%

APR right now

Price gap

+0.033%

between legs

Average spread

+73%

over 24h from our own samples

Over 7 days

+73%

samples: 202

KuCoinLONG

Bid / ask— / —

Mark price0.21462

Volume 24h$10.06M

Open interest$19.33M

Rate+0.0100%

APR+11%

Interval / next payout8h / 18m

KuCoin

LighterSHORT

Bid / ask— / —

Mark price0.21469

Volume 24h$3.59M

Open interest$1.35M

Rate+0.0096%

APR+84%

Interval / next payout1h / 18m

Lighter

Spread from our samples

spread over the period: from 0% to 73% APR, 202 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.