Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Phemex−0.076%50s7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.076%, 7d avg −0.055%
=Funding pays, the price is against you. KuCoin is 0.021% cheaper against Phemex than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.055%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex LITEUSDT | 950.42 | 0 | get 0.0000% / 8h | 37m 27s | $1.5M | $737K | 10x |
| Short | KuCoin LITEUSDTM | 949.70 | 0.0100 | get 0.0100% / 8h | 37m 27s | $521K | $43K | 20x |
Phemex LITEUSDT
KuCoin LITEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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: −0.076% → −0.055%
- −$2.06
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$5.06
- Costs to cover
- 0.240%
- Break-even
- 8.7 days
Slippage unknown: Phemex: live order book, 5 min ago; KuCoin: live order book, 66 min ago. Net counts fees only.
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 Phemex live order book, 5 min ago | 3.26 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 66 min ago | 18.51 bp | 49.2 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0139% | 8h | 949.38 | −0.109% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTX | −0.0120% | 1h | 947.41 | −0.317% | $94K | $214K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.98 | −0.046% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 950.11 | −0.033% | $49K | $253K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 950.04 | −0.040% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 950.59 | +0.018% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 950.39 | −0.003% | $3.6M | $18.6M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 950.79 | +0.039% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.07 | +0.069% | $261K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 950.15 | −0.028% | $969 | $194K | 10x | as long as short |
Bitget LITEUSDT
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 949.90 | −0.055% | $730 | $3.7M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 950.57 | +0.016% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDTlong | 0.0000% | 8h | 950.42 | long leg | $1.5M | $737K | 10x | |
| QFEX LITE-USD | +0.0002% | 1h | 950.00 | −0.044% | $1.1M | $3.7M | 10x | as long as short |
| BloFin LITE-USDT | +0.0007% | 8h | 950.29 | −0.014% | $217K | $242K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 950.23 | −0.020% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.57 | −0.089% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 950.40 | −0.002% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.85 | −0.060% | $33K | $353K | 10x | as long as short |
| SoDEX LITE-USD | +0.0065% | 1h | 949.87 | −0.058% | $23K | $9K | 10x | as long as short |
| KuCoin LITEUSDTMshort | +0.0100% | 8h | 949.70 | −0.076% | $521K | $43K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 950.27 | −0.016% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.72 | −0.074% | $923 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 949.66 | −0.080% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0245% | 1h | 950.38 | −0.004% | $7.7M | $6.0M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0266% | 1h | 949.72 | −0.074% | $18K | $41K | 10x | as long as short |
| edgeX LITEUSDC | +0.0796% | 4h | 949.96 | −0.048% | $64K | $472K | 10x | as long as short |
SunX LITE-USDT
HTX LITE-USDT
QFEX LITE-USD
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
SoDEX LITE-USD
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC