Funding you earn now, next payment 00:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h +0.007%
Price spread now: Polymarket Perps against KuCoin−0.057%49s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as 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−$700.699% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 3 days (all we have)+0.788%+$79 · spread now −0.057%, 7d avg +0.021%
=Funding pays, the price is against you. Polymarket Perps is 0.078% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.021%). If the spread goes back, that is −$8 on $10k: about 24 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.148%, so the current rate has only just turned in your favour. The two prices were read 49 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 -0.148% in total (about -7.7% a year). A funding rate is set anew for every payment. 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 | 4.7279 | −0.0164 | get 0.0082% / 4h | 1m 36s | $5.2M | $1.1M | 30x |
| Short | Polymarket Perps LIT-USD | 4.7252 | 0.0100 | get 0.0013% / 1h | 1m 36s | $446K | $105K | 10x |
KuCoin LITUSDTM
Polymarket Perps LIT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $55.44
- Price spread: −0.057% → +0.021%
- −$7.81
- Slippage, 4 orders
- −$49.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$22.29
- Costs to cover
- 0.699%
- Break-even
- 9.8 days
Slippage from KuCoin: live order book, 6 min ago; Polymarket Perps: 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, 6 min ago | 6.13 bp | 30.5 bp −$30 | 414.1 bp −$4,141 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 11 min ago | 2.75 bp | 11.9 bp −$12 | 24.3 bp −$243 | 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 | −0.0849% | 1h | 4.7262 | −0.036% | $41K | $40K | 10x | as long as short |
| Gate LIT_USDT | −0.0818% | 4h | 4.7350 | +0.150% | $2.8M | $4.6M | 50x | as long as short |
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7157 | −0.258% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0538% | 4h | 4.7199 | −0.169% | $32K | $2K | 10x | as long as short |
| Bullet LIT-USD | −0.0385% | 1h | 4.7258 | −0.045% | $85K | $77K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0324% | 4h | 4.7330 | +0.108% | $25.7M | $64.1M | 50x | as long as short |
| Phemex LITUSDT | −0.0312% | 4h | 4.7260 | −0.040% | $1.4M | $2.7M | 20x | as long as short |
| KuCoin LITUSDTMlong | −0.0164% | 4h | 4.7279 | long leg | $5.2M | $1.1M | 30x | |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7241 | −0.080% | $668K | $400K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0078% | 4h | 4.7310 | +0.066% | $906K | $1.8M | 10x | as long as short |
Deribit LIT_USDC-PERPETUAL
Gate LIT_USDT
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Bullet LIT-USD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_PerpShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | −0.0050% | 1h | 4.7386 | +0.226% | $205K | $353K | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7263 | −0.033% | $31K | $854K | 33x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7343 | +0.136% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7321 | +0.090% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7344 | +0.138% | $797K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0025% | 8h | 4.7258 | −0.044% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.610% | $422 | $178K | 5.5x | as long as short |
| Bybit LITUSDT | +0.0038% | 4h | 4.7320 | +0.087% | $42.7M | $30.3M | 75x | as long as short |
| Backpack LIT_USDC_PERP | +0.0063% | 1h | 4.7313 | +0.072% | $681K | $1.4M | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7362 | +0.176% | $59.2M | $30.7M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7235 | −0.093% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7334 | +0.117% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7323 | +0.093% | $589K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7295 | +0.034% | $75.4M | $82.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7324 | +0.095% | $117K | $459K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7291 | +0.025% | $118K | $2K | 10x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7286 | +0.015% | $5.6M | $4.2M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7330 | +0.108% | $6.7M | $2.8M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7325 | +0.097% | $288K | $310K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7300 | +0.044% | $55K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USDshort | +0.0100% | 1h | 4.7252 | −0.057% | $446K | $105K | 10x | |
| Derive LIT-PERP | +0.0100% | 1h | 4.7301 | +0.046% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7212 | −0.142% | $5K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7274 | −0.011% | $1K | $471K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7317 | +0.080% | $189K | $346K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7316 | +0.078% | $5.2M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7265 | −0.029% | $148K | $44K | 3x | as long as short |
| Lighter RH LIT | +0.0176% | 1h | 4.7370 | +0.192% | $3.7M | $14.0M | 5x | as long as short |
| Hyperliquid LIT | +0.0185% | 1h | 4.7381 | +0.216% | $212.5M | $45.0M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0197% | 1h | 4.7351 | +0.153% | $13K | $203K | 10x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7250 | −0.061% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0380% / S −0.0172% | 1h | 4.7306 | +0.057% | $63K | — | 50x | as long as short |
Phoenix LIT
Perpl LIT
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
Bybit LITUSDT
Backpack LIT_USDC_PERP
Lighter LIT
Nado LIT-PERP
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Lighter RH LIT
Hyperliquid LIT
Aftermath Perps LITUSD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]