Funding you earn now, next payment 00:00 UTC+0.0334%/8h= +36.6% APRnext payment +$1.67 per $10,000 · paid last 24h +0.032%
Price spread now: Binance against KuCoin+0.047%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.047%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.080% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITUSDTM | 4.7485 | −0.0304 | get 0.0152% / 4h | 2h 31m | $5.3M | $1.1M | 30x |
| Short | Binance LITUSDT | 4.7507 | 0.0030 | get 0.0015% / 4h | 2h 31m | $75.1M | $81.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $70.17
- Price spread: +0.047% → −0.033%
- $8.02
- Slippage, 4 orders
- −$55.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $0.82
- Costs to cover
- 0.774%
- Break-even
- 6.9 days
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 11 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, 1 min ago | 8.56 bp | 21.5 bp −$22 | 410.1 bp −$4,101 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.32 bp | 16.0 bp −$16 | 40.5 bp −$405 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.1075% | 1h | 4.7393 | −0.193% | $42K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0708% | 4h | 4.7530 | +0.095% | $2.8M | $4.5M | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0595% | 4h | 4.7331 | −0.324% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7285 | −0.421% | $33K | $4K | 5x | as long as short |
| Backpack LIT_USDC_PERP | −0.0454% | 1h | 4.7397 | −0.185% | $666K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0440% | 4h | 4.7380 | −0.221% | $1.3M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0388% | 1h | 4.7397 | −0.184% | $85K | $81K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0305% | 4h | 4.7477 | −0.017% | $25.0M | $61.5M | 50x | as long as short |
| KuCoin LITUSDTMlong | −0.0304% | 4h | 4.7485 | long leg | $5.3M | $1.1M | 30x | |
| GRVT LIT_USDT_Perp | −0.0304% | 4h | 4.7340 | −0.306% | $891K | $1.9M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0283% | 4h | 4.7512 | +0.057% | $43.1M | $30.5M | 75x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7487 | +0.003% | $657K | $402K | 50x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7438 | −0.099% | $246K | $321K | 5x | as long as short |
| Extended LIT-USD | −0.0040% | 1h | 4.7540 | +0.115% | $5.2M | $5.1M | 25x | as long as short |
| SoDEX LIT-USD | −0.0037% | 1h | 4.7385 | −0.211% | $989 | $487K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0031% | 8h | 4.7295 | −0.401% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7355 | −0.273% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7425 | −0.127% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0009% | 1h | 4.7363 | −0.256% | $815K | $2.0M | 5x | as long as short |
| Polymarket Perps LIT-USD | +0.0016% | 1h | 4.7316 | −0.356% | $447K | $105K | 10x | as long as short |
| Bulk LIT-USD | +0.0018% | 1h | 4.7345 | −0.294% | $119K | $6K | 10x | as long as short |
| MEXC LIT_USDT | +0.0026% | 4h | 4.7553 | +0.143% | $5.9M | $4.2M | 100x | as long as short |
| edgeX LITUSDC | +0.0029% | 4h | 4.7317 | −0.355% | $288K | $311K | 10x | as long as short |
| Binance LITUSDTshort | +0.0030% | 4h | 4.7507 | +0.047% | $75.1M | $81.1M | 75x | |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.169% | $422 | $178K | 5.5x | as long as short |
| Aevo LIT-PERP | +0.0040% | 1h | 4.7373 | −0.235% | $148K | $44K | 3x | as long as short |
| Nado LIT-PERP | +0.0055% | 1h | 4.7311 | −0.365% | $2.1M | $1.7M | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7457 | −0.059% | $59.5M | $30.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7402 | −0.174% | $210.6M | $44.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7435 | −0.105% | $12.7M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7365 | −0.253% | $585K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7334 | −0.318% | $117K | $447K | 5x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7540 | +0.116% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7400 | −0.179% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7432 | −0.113% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7437 | −0.101% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7391 | −0.198% | $190K | $329K | 30x | as long as short |
| BloFin LIT-USDT | +0.0106% | 4h | 4.7380 | −0.221% | $1.5M | $2.0M | 75x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7369 | −0.245% | $31K | $841K | 33x | as long as short |
| Aftermath Perps LITUSD | +0.0198% | 1h | 4.7404 | −0.170% | $12K | $199K | 10x | as long as short |
| Lighter RH LIT | +0.0336% | 1h | 4.7466 | −0.040% | $3.7M | $14.2M | 5x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0358% / S −0.0155% | 1h | 4.7437 | −0.102% | $59K | — | 50x | as long as short |
KuCoin LITUSDTM
Binance LITUSDT
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
01 Exchange LITUSD
Backpack LIT_USDC_PERP
Phemex LITUSDT
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Bybit LITUSDT
Coinbase International LIT-PERP-INTX
Phoenix LIT
Extended LIT-USD
SoDEX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Polymarket Perps LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
edgeX LITUSDC
Injective LIT/USDC PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bitget LITUSDT
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
BloFin LIT-USDT
Aftermath Perps LITUSD
Lighter RH LIT
GMX LIT/USD [ETH-USDC]