Funding you earn now, next payment 00:00 UTC+0.0511%/8h= +55.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.104%
Price spread now: BloFin against KuCoin−0.198%110s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as 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−$730.733% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 3 days (all we have)+0.111%+$11 · spread now −0.198%, 7d avg −0.058%
=Funding pays, the price is against you. BloFin is 0.140% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.198% now, against its 7-day average of −0.058%). If the spread goes back, that is −$14 on $10k: about 22 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.347% in total) that is about 2.8 days. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.347% in total (about 18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 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 | 4.7035 | −0.0298 | get 0.0149% / 4h | 1h 29m | $5.2M | $1.1M | 30x |
| Short | BloFin LIT-USDT | 4.6942 | 0.0213 | get 0.0106% / 4h | 1h 29m | $1.5M | $2.0M | 75x |
KuCoin LITUSDTM
BloFin LIT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $107.27
- Price spread: −0.198% → −0.058%
- −$13.97
- Slippage, 4 orders
- −$49.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $19.98
- Costs to cover
- 0.733%
- Break-even
- 5.7 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 6.39 bp | 26.6 bp −$27 | 428.2 bp −$4,282 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.43 bp | 8.4 bp −$8 | 19.7 bp −$197 | 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 | −0.1192% | 4h | 4.7040 | +0.011% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0828% | 1h | 4.6981 | −0.114% | $41K | $40K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0789% | 1h | 4.6996 | −0.083% | $660K | $1.4M | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0634% | 4h | 4.6931 | −0.221% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.6950 | −0.181% | $33K | $4K | 5x | as long as short |
| Phemex LITUSDT | −0.0566% | 4h | 4.6940 | −0.202% | $1.3M | $2.7M | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0443% | 4h | 4.6999 | −0.077% | $25.2M | $62.0M | 50x | as long as short |
| Bullet LIT-USD | −0.0333% | 1h | 4.7045 | +0.021% | $85K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0309% | 4h | 4.7001 | −0.072% | $42.5M | $30.2M | 75x | as long as short |
| KuCoin LITUSDTMlong | −0.0298% | 4h | 4.7035 | long leg | $5.2M | $1.1M | 30x |
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
Orderly PERP_LIT_USDC
01 Exchange LITUSD
Phemex LITUSDT
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0227% | 1h | 4.7055 | +0.043% | $10K | $201K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0190% | 4h | 4.6958 | −0.164% | $897K | $1.8M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7094 | +0.126% | $666K | $398K | 50x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7050 | +0.032% | $784K | $2.1M | 5x | as long as short |
| Nado LIT-PERP | −0.0036% | 1h | 4.7047 | +0.027% | $2.1M | $1.7M | 10x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7044 | +0.019% | $243K | $327K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0005% | 8h | 4.6960 | −0.160% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7084 | +0.105% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7100 | +0.139% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.137% | $422 | $178K | 5.5x | as long as short |
| SoDEX LIT-USD | +0.0041% | 1h | 4.6975 | −0.128% | $1K | $465K | 5x | as long as short |
| MEXC LIT_USDT | +0.0050% | 4h | 4.7042 | +0.015% | $5.5M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0051% | 4h | 4.6988 | −0.100% | $74.5M | $80.9M | 75x | as long as short |
| edgeX LITUSDC | +0.0056% | 4h | 4.7033 | −0.004% | $286K | $311K | 10x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.6955 | −0.170% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7062 | +0.057% | $59.2M | $29.6M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7082 | +0.100% | $209.9M | $44.2M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7069 | +0.073% | $12.6M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7026 | −0.019% | $578K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7006 | −0.062% | $117K | $450K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.6948 | −0.184% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7070 | +0.074% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7060 | +0.053% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7048 | +0.028% | $444K | $105K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7028 | −0.015% | $2K | $729 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7015 | −0.043% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7047 | +0.026% | $188K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.6990 | −0.096% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDTshort | +0.0213% | 4h | 4.6942 | −0.198% | $1.5M | $2.0M | 75x | |
| Lighter RH LIT | +0.0288% | 1h | 4.7072 | +0.079% | $3.7M | $13.7M | 5x | as long as short |
| Perpl LIT | +0.0335% | 43m | 4.7071 | +0.077% | $31K | $838K | 33x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7031 | −0.008% | $59K | — | 50x | as long as short |
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Nado LIT-PERP
Phoenix LIT
Paradex LIT-USD-PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
SoDEX LIT-USD
MEXC LIT_USDT
Binance LITUSDT
edgeX LITUSDC
Aevo LIT-PERP
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Arcus LIT-USD
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Perpl LIT
GMX LIT/USD [ETH-USDC]