Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.012%
Price spread now: Binance against KuCoin−0.043%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.332%+$33 · spread now −0.043%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.085% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITEUSDTM | 942.18 | 0.0100 | pay 0.0100% / 8h | 2h 33m | $517K | $43K | 20x |
| Short | Binance LITEUSDT | 941.77 | 0 | get 0.0000% / 8h | 2h 33m | $12.1M | $48.4M | 25x |
KuCoin LITEUSDTM
Binance LITEUSDTFunding 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
- −$21
- Price spread: −0.043% → +0.041%
- −$8.46
- Slippage, 4 orders
- −$173.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$224.85
- Costs to cover
- 1.954%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 25 min ago; Binance: live order book, 9 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, 25 min ago | 16.29 bp | 98.1 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.06 bp | 13.9 bp −$14 | 29.4 bp −$294 | 86.1 bp −$8,614 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0713% | 8h | 941.62 | −0.059% | $2.6M | $3.0M | 20x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0323% | 1h | 942.34 | +0.017% | $18K | $40K | 10x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 939.25 | −0.311% | $95K | $204K | 10x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 941.40 | −0.083% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 942.71 | +0.056% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 941.34 | −0.089% | $14K | $219K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 941.77 | −0.043% | $12.1M | $48.4M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 942.07 | −0.012% | $1.8M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 941.71 | −0.050% | $3.6M | $17.8M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 941.75 | −0.046% | $7.8M | $6.4M | 50x | as long as short |
Bitget LITEUSDT
Deribit LITE_USDC-PERPETUAL
Coinbase International LITE-PERP-INTX
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LITE | 0.0000% | 8h | 944.21 | +0.215% | $259K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 944.42 | +0.238% | $633 | $190K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 942.30 | +0.013% | $880 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 945.29 | +0.330% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 943.43 | +0.133% | $1.5M | $710K | 10x | as long as short |
| BloFin LITE-USDT | +0.0018% | 8h | 944.98 | +0.297% | $222K | $235K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 942.37 | +0.020% | $24K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 941.10 | −0.115% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 941.52 | −0.070% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 942.74 | +0.059% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 943.81 | +0.173% | $32K | $340K | 10x | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 942.18 | long leg | $517K | $43K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 943.02 | +0.089% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 942.57 | +0.041% | $916 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 942.87 | +0.073% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0109% | 1h | 941.60 | −0.062% | $7.5M | $5.8M | 10x | as long as short |
| edgeX LITEUSDC | +0.0163% | 4h | 944.70 | +0.268% | $60K | $466K | 10x | as long as short |
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
edgeX LITEUSDC