Funding you earn now, next payment 08:00 UTC−0.0298%/8h= −32.6% APRnext payment −$2.98 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against Binance−0.075%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1641.644% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 2 days (all we have)+0.030%+$3 · spread now −0.075%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.042% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.033%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.98 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 | Binance LITEUSDT | 965.48 | 0.0398 | pay 0.0398% / 8h | 7h 32m | $13.9M | $44.3M | 25x |
| Short | KuCoin LITEUSDTM | 964.76 | 0.0100 | get 0.0100% / 8h | 7h 32m | $520K | $38K | 20x |
Binance LITEUSDT
KuCoin LITEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$62.51
- Price spread: −0.075% → −0.033%
- −$4.19
- Slippage, 4 orders
- −$142.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$231.14
- Costs to cover
- 1.644%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 20 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 Binance live order book, 10 min ago | 0.57 bp | 9.4 bp −$9 | 22.7 bp −$227 | 87.9 bp −$8,786 | doesn't fit |
| Sell KuCoin live order book, 20 min ago | 21.41 bp | 82.6 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0096% | 1h | 960.78 | −0.487% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.64 | +0.016% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.79 | +0.032% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.76 | +0.029% | $3.8M | $18.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.22 | −0.027% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 964.73 | −0.078% | $743 | $209K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 964.20 | −0.133% | $640 | $4.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 964.15 | −0.138% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 964.58 | −0.093% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 964.65 | −0.086% | $1.5M | $682K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate LITE_USDT | +0.0012% | 8h | 965.90 | +0.043% | $8.1M | $5.9M | 50x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.64 | +0.017% | $1.1M | $5.2M | 10x | as long as short |
| BloFin LITE-USDT | +0.0027% | 8h | 963.91 | −0.163% | $224K | $237K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.57 | +0.009% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.34 | −0.015% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.85 | +0.038% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 963.49 | −0.206% | $176K | $152K | 10x | as long as short |
| KuCoin LITEUSDTMshort | +0.0100% | 8h | 964.76 | −0.075% | $520K | $38K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 965.49 | +0.001% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.48 | −0.104% | $937 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.33 | −0.119% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0215% | 1h | 964.27 | −0.125% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0306% | 8h | 964.71 | −0.080% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0341% | 1h | 965.87 | +0.040% | $7.3M | $5.0M | 10x | as long as short |
| Binance LITEUSDTlong | +0.0398% | 8h | 965.48 | long leg | $13.9M | $44.3M | 25x | |
| Extended LITE-USD | +0.0400% | 1h | 965.21 | −0.028% | $9K | $209K | 10x | as long as short |
| edgeX LITEUSDC | +0.0876% | 4h | 964.63 | −0.089% | $73K | $464K | 10x | as long as short |
Gate LITE_USDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
edgeX LITEUSDC