Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%
Price spread now: Polymarket Perps against KuCoin+0.072%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1591.595% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.289%+$29 · spread now +0.072%, 7d avg +0.011%
=The price spread pays, funding is against you. Polymarket Perps is 0.062% dearer against KuCoin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.011%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.018% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITEUSDTM | 965.70 | 0.0100 | pay 0.0100% / 8h | 7h 30m | $521K | $38K | 20x |
| Short | Polymarket Perps LITE-USD | 966.40 | 0.0050 | get 0.0006% / 1h | 30m 16s | $75K | $227K | 10x |
KuCoin LITEUSDTM
Polymarket Perps LITE-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
- −$10.5
- Price spread: +0.072% → +0.011%
- $6.2
- Slippage, 4 orders
- −$139.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$163.76
- Costs to cover
- 1.595%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; Polymarket Perps: live order book, 42 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, 22 min ago | 21.41 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 42 min ago | 2.08 bp | 6.1 bp −$6 | 7.8 bp −$78 | 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 | −0.509% | $111K | $212K | 10x | as long as short |
| BloFin LITE-USDT | −0.0002% | 8h | 965.54 | −0.017% | $224K | $237K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 965.83 | +0.014% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.84 | +0.014% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 966.37 | +0.069% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 966.65 | +0.098% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.81 | +0.011% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 964.73 | −0.100% | $743 | $209K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 966.50 | +0.083% | $840 | $4.0M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 966.58 | +0.091% | $7K | $31K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
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 | 966.79 | +0.113% | $1.5M | $682K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.85 | +0.016% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 965.85 | +0.016% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.92 | +0.023% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USDshort | +0.0050% | 1h | 966.40 | +0.072% | $75K | $227K | 10x | |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.43 | −0.028% | $175K | $154K | 10x | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 965.70 | long leg | $521K | $38K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.33 | −0.142% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.83 | +0.013% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 965.83 | +0.014% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0262% | 1h | 966.21 | +0.053% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0296% | 8h | 965.66 | −0.004% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0336% | 1h | 966.81 | +0.115% | $7.3M | $5.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0351% | 1h | 965.89 | +0.020% | $19K | $37K | 10x | as long as short |
| Binance LITEUSDT | +0.0396% | 8h | 966.33 | +0.065% | $13.9M | $44.3M | 25x | as long as short |
| Extended LITE-USD | +0.0400% | 1h | 966.02 | +0.033% | $9K | $209K | 10x | as long as short |
| edgeX LITEUSDC | +0.0876% | 4h | 964.63 | −0.111% | $73K | $464K | 10x | as long as short |
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
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
Deribit LITE_USDC-PERPETUAL
Binance LITEUSDT
Extended LITE-USD
edgeX LITEUSDC