LITE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0311%/8h= +34.1% APRnext payment +$3.11 per $10,000 · paid last 24h −0.030%

Price spread now: GRVT against KuCoin+0.073%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1851.848% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 3 days (all we have)+0.065%+$7 · spread now +0.073%, 7d avg +0.029%

Together, before fees−0.017%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and GRVT is 0.044% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.11 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 LITEUSDTM	960.29	0.0100	pay 0.0100% / 8h	23m 29s	$517K	$38K	20x
Short	GRVT LITE_USDT_Perp	960.99	0.0411	get 0.0411% / 8h	23m 29s	$894	$227K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee GRVTbpOrdersPrice spread, now +0.073%Rate

Funding earned: $65.31
Price spread: +0.073% → +0.029%: $4.41
Slippage, 4 orders: −$163.84
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$115.12
Costs to cover: 1.848%
Break-even: 19.3 days

Slippage from KuCoin: live order book, 39 min ago; GRVT: live order book, 54 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, 39 min ago	15.63 bp	84.0 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 54 min ago	2.14 bp	9.8 bp −$10	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	−0.0064%	1h	958.20	−0.218%	$115K	$228K	10x	as long as short
BloFin LITE-USDT	−0.0028%	8h	961.04	+0.078%	$224K	$235K	20x	as long as short
Aster LITEUSDT	0.0000%	8h	960.71	+0.044%	$108K	$17K	20x	as long as short
Bybit LITEUSDT	0.0000%	8h	960.81	+0.054%	$1.9M	$1.8M	25x	as long as short
OKX LITE-USDT-SWAP	0.0000%	8h	960.78	+0.051%	$3.8M	$18.0M	25x	as long as short
Gate LITE_USDT	0.0000%	8h	961.59	+0.135%	$8.0M	$6.2M	50x	as long as short
Bitget LITEUSDT	0.0000%	8h	960.60	+0.032%	$2.8M	$3.1M	20x	as long as short
SunX LITE-USDT	0.0000%	8h	961.00	+0.074%	$675	$4.2M	10x	as long as short
Deribit LITE_USDC-PERPETUAL	0.0000%	1h	960.72	+0.045%	$19K	$37K	10x	as long as short
HTX LITE-USDT	0.0000%	8h	961.35	+0.110%	$7K	$31K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITEUSDT	0.0000%	8h	961.46	+0.122%	$1.5M	$683K	10x	as long as short
QFEX LITE-USD	+0.0033%	1h	960.84	+0.057%	$1.1M	$5.3M	10x	as long as short
Vest LITE-USD-PERP	+0.0046%	1h	960.41	+0.012%	—	$3K	10x	as long as short
Polymarket Perps LITE-USD	+0.0050%	1h	961.07	+0.081%	$30K	$490K	10x	as long as short
Ondo Perps LITE-USD.P	+0.0050%	1h	960.01	−0.029%	$175K	$160K	10x	as long as short
KuCoin LITEUSDTMlong	+0.0100%	8h	960.29	long leg	$517K	$38K	20x
Orderly PERP_LITE_USDC_mythos	+0.0100%	8h	960.97	+0.071%	$934	$3K	10x	as long as short
Aevo LITE-PERP	+0.0104%	1h	961.06	+0.080%	—	—	10x	as long as short
Lighter LITE	+0.0144%	1h	961.02	+0.076%	$27K	$102K	10x	as long as short
SoDEX LITE-USD	+0.0171%	1h	960.94	+0.068%	$23K	$10K	10x	as long as short
Variational Omni LITE	+0.0196%	8h	960.73	+0.046%	$241K	$142K	—	as long as short
Extended LITE-USD	+0.0320%	1h	960.73	+0.046%	$9K	$209K	10x	as long as short
Binance LITEUSDT	+0.0325%	8h	961.17	+0.092%	$13.8M	$45.1M	25x	as long as short
GRVT LITE_USDT_Perpshort	+0.0411%	8h	960.99	+0.073%	$894	$227K	10x
tradeXYZ xyz:LITE	+0.0468%	1h	961.40	+0.116%	$7.2M	$5.1M	10x	as long as short
ApeX Omni LITEUSDT	+0.0480%	1h	960.34	+0.005%	$16K	$265K	50x	as long as short
edgeX LITEUSDC	+0.0876%	4h	960.91	+0.065%	$70K	$459K	10x	as long as short