Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against KuCoin−0.050%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.308%−$31 · spread now −0.050%, 7d avg +0.029%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.079% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITEUSDTM | 958.98 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $526K | $42K | 20x |
| Short | OKX LITE-USDT-SWAP | 958.50 | 0 | get 0.0000% / 8h | 5h 29m | $3.8M | $17.6M | 25x |
KuCoin LITEUSDTM
OKX LITE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.050% → +0.029%
- −$7.86
- Slippage, 4 orders
- −$135.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$185.98
- Costs to cover
- 1.571%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 69 min ago; OKX: live order book, 4 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, 69 min ago | 23.03 bp | 72.2 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.94 bp | 7.0 bp −$7 | 21.0 bp −$210 | 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 | −0.0144% | 1h | 957.56 | −0.148% | $106K | $198K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.49 | +0.157% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.54 | −0.046% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAPshort | 0.0000% | 8h | 958.50 | −0.050% | $3.8M | $17.6M | 25x | |
| Gate LITE_USDT | 0.0000% | 8h | 959.10 | +0.013% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.52 | −0.048% | $2.6M | $2.9M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.10 | +0.013% | $307 | $187K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.20 | +0.023% | $769 | $3.8M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 959.20 | +0.023% | $19K | $37K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.73 | +0.078% | $7K | $32K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 959.43 | +0.047% | $1.5M | $688K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 958.98 | 0.000% | $1.1M | $4.8M | 10x | as long as short |
| BloFin LITE-USDT | +0.0020% | 8h | 959.11 | +0.014% | $224K | $236K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.33 | +0.036% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 958.87 | −0.011% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.39 | +0.043% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.22 | +0.025% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.29 | +0.032% | $71K | $268K | 10x | as long as short |
| Variational Omni LITE | +0.0059% | 8h | 958.77 | −0.022% | $266K | $147K | — | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 958.98 | long leg | $526K | $42K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.22 | +0.025% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.34 | +0.038% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.08 | +0.010% | — | — | 10x | as long as short |
| Extended LITE-USD | +0.0144% | 1h | 959.10 | +0.013% | $13K | $202K | 10x | as long as short |
| Binance LITEUSDT | +0.0147% | 8h | 958.39 | −0.061% | $12.7M | $46.7M | 25x | as long as short |
| tradeXYZ xyz:LITE | +0.0203% | 1h | 958.76 | −0.023% | $7.1M | $5.4M | 10x | as long as short |
| edgeX LITEUSDC | +0.0982% | 4h | 958.56 | −0.043% | $69K | $455K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
Variational Omni LITE
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Extended LITE-USD
Binance LITEUSDT
tradeXYZ xyz:LITE
edgeX LITEUSDC