Funding you earn now, next payment 22:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h +0.011%
Price spread now: KuCoin against Coinbase International+0.036%51s7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days+0.889%+$89 on $10k
+Price spread, last 3 days (all we have)−0.191%−$19 · spread now +0.036%, 7d avg −0.108%
=The price spread pays, funding is against you. KuCoin is 0.144% dearer against Coinbase International than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.108%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.889%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International LIT-PERP-INTX | 4.7002 | −0.0152 | get 0.0019% / 1h | 33m 23s | $665K | $397K | 50x |
| Short | KuCoin LITUSDTM | 4.7019 | −0.0290 | pay 0.0145% / 4h | 1h 33m | $5.2M | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$28.98
- Price spread: +0.036% → −0.108%
- $14.43
- Slippage, 4 orders
- −$64.28
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$100.83
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 50 min ago; KuCoin: live order book, 4 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 Coinbase International live order book, 50 min ago | 8.70 bp | 23.1 bp −$23 | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 6.91 bp | 17.4 bp −$17 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.1112% | 4h | 4.7050 | +0.102% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0915% | 1h | 4.7081 | +0.167% | $41K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0743% | 1h | 4.7126 | +0.264% | $662K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0631% | 4h | 4.6963 | −0.083% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.6976 | −0.055% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0534% | 4h | 4.7100 | +0.209% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0438% | 4h | 4.6969 | −0.070% | $25.2M | $61.9M | 50x | as long as short |
| Bullet LIT-USD | −0.0335% | 1h | 4.7010 | +0.016% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0303% | 4h | 4.7030 | +0.060% | $42.5M | $30.3M | 75x | as long as short |
| KuCoin LITUSDTMshort | −0.0290% | 4h | 4.7019 | +0.036% | $5.2M | $1.1M | 30x |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0228% | 1h | 4.7080 | +0.167% | $10K | $201K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0186% | 4h | 4.6990 | −0.026% | $898K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTXlong | −0.0152% | 1h | 4.7002 | long leg | $665K | $397K | 50x | |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7077 | +0.160% | $784K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0038% | 1h | 4.7035 | +0.071% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7044 | +0.089% | $243K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0006% | 8h | 4.7019 | +0.036% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7104 | +0.217% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7080 | +0.167% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.208% | $422 | $178K | 5.5x | as long as short |
| MEXC LIT_USDT | +0.0054% | 4h | 4.7007 | +0.011% | $5.5M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0057% | 4h | 4.6992 | −0.021% | $74.5M | $80.9M | 75x | as long as short |
| edgeX LITUSDC | +0.0057% | 4h | 4.6995 | −0.014% | $286K | $311K | 10x | as long as short |
| SoDEX LIT-USD | +0.0058% | 1h | 4.7085 | +0.177% | $1K | $465K | 5x | as long as short |
| Aevo LIT-PERP | +0.0072% | 1h | 4.7053 | +0.109% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7122 | +0.255% | $59.3M | $29.5M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7077 | +0.160% | $209.9M | $44.2M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7116 | +0.241% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7095 | +0.198% | $579K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7055 | +0.113% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7148 | +0.311% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7080 | +0.166% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7000 | −0.004% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7028 | +0.055% | $444K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7123 | +0.257% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7056 | +0.115% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7047 | +0.096% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7017 | +0.032% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0230% | 4h | 4.6967 | −0.074% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7036 | +0.073% | $31K | $838K | 33x | as long as short |
| Lighter RH LIT | +0.0352% | 1h | 4.7143 | +0.300% | $3.7M | $13.6M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7057 | +0.118% | $59K | — | 50x | as long as short |
Coinbase International LIT-PERP-INTX
KuCoin LITUSDTM
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
RISEx LIT/USDC
Phoenix LIT
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
MEXC LIT_USDT
Binance LITUSDT
edgeX LITUSDC
SoDEX LIT-USD
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
Lighter RH LIT
GMX LIT/USD [ETH-USDC]