Funding you earn now, next payment 22:03 UTC−0.0627%/8h= −68.6% APRpaid last 24h −0.070%
Price spread now: KuCoin against Perpl+0.106%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.106%, 7d avg +0.009%
=Together, before fees−0.023%+ Points / potential airdropPerpl: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.096% dearer against Perpl than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.009%): +$10 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment. 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 | Perpl LIT | 4.7095 | 0.0335 | pay 0.0030% / 43m | 16m 04s | $32K | $838K | 33x |
| Short | KuCoin LITUSDTM | 4.7145 | −0.0292 | pay 0.0146% / 4h | 1h 46m | $5.2M | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Perpl. 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
- −$131.65
- Price spread: +0.106% → +0.009%
- $9.65
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$147.8
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; KuCoin: live order book, 2 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 Perpl no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 2 min ago | 7.54 bp | 20.9 bp −$21 | 125.8 bp −$1,258 | doesn't fit | doesn't fit |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LIT on 42 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0930% | 4h | 4.7110 | +0.031% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0827% | 1h | 4.7099 | +0.007% | $41K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0634% | 4h | 4.7036 | −0.126% | $32K | $2K | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0629% | 1h | 4.7115 | +0.042% | $662K | $1.5M | 5x | as long as short |
| Phemex LITUSDT | −0.0538% | 4h | 4.7090 | −0.011% | $1.3M | $2.7M | 20x | as long as short |
| 01 Exchange LITUSD | −0.0512% | 1h | 4.7004 | −0.194% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0415% | 4h | 4.7100 | +0.010% | $25.2M | $62.1M | 50x | as long as short |
| Bullet LIT-USD | −0.0350% | 1h | 4.7062 | −0.072% | $84K | $81K | 20x | as long as short |
| Bybit LITUSDT | −0.0307% | 4h | 4.7117 | +0.046% | $42.6M | $30.6M | 75x | as long as short |
| KuCoin LITUSDTMshort | −0.0292% | 4h | 4.7145 | +0.106% | $5.2M | $1.1M | 30x |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps LITUSD | −0.0199% | 1h | 4.7123 | +0.059% | $10K | $202K | 10x | as long as short |
| GRVT LIT_USDT_Perp | −0.0198% | 4h | 4.7078 | −0.035% | $899K | $1.9M | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0152% | 1h | 4.7721 | +1.329% | $660K | $388K | 50x | as long as short |
| Nado LIT-PERP | −0.0097% | 1h | 4.7050 | −0.095% | $2.1M | $1.7M | 10x | as long as short |
| RISEx LIT/USDC | −0.0082% | 1h | 4.7096 | +0.002% | $785K | $2.1M | 5x | as long as short |
| Phoenix LIT | −0.0034% | 1h | 4.7152 | +0.121% | $245K | $327K | 5x | as long as short |
| SoDEX LIT-USD | −0.0010% | 1h | 4.7115 | +0.042% | $1K | $468K | 5x | as long as short |
| Paradex LIT-USD-PERP | −0.0003% | 8h | 4.7063 | −0.069% | $6K | $2K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7115 | +0.043% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7132 | +0.079% | $35K | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +2.006% | $422 | $178K | 5.5x | as long as short |
| edgeX LITUSDC | +0.0042% | 4h | 4.7093 | −0.004% | $286K | $311K | 10x | as long as short |
| MEXC LIT_USDT | +0.0050% | 4h | 4.7070 | −0.054% | $5.6M | $4.2M | 100x | as long as short |
| Binance LITUSDT | +0.0054% | 4h | 4.7082 | −0.028% | $74.7M | $81.3M | 75x | as long as short |
| Aevo LIT-PERP | +0.0064% | 1h | 4.7098 | +0.007% | $147K | $44K | 3x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7162 | +0.142% | $59.3M | $29.4M | 5x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7162 | +0.142% | $210.2M | $44.8M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7136 | +0.087% | $12.6M | $2.5M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7108 | +0.027% | $579K | $1.8M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7073 | −0.047% | $116K | $447K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7055 | −0.085% | $118K | $5K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7120 | +0.053% | $6.7M | $2.7M | 20x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7060 | −0.075% | $55K | $78K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7078 | −0.037% | $445K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7136 | +0.088% | $2K | $1K | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7087 | −0.017% | $4K | $1.2M | 20x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7147 | +0.110% | $189K | $330K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7088 | −0.016% | $5.2M | $5.1M | 25x | as long as short |
| BloFin LIT-USDT | +0.0204% | 4h | 4.7078 | −0.037% | $1.5M | $2.1M | 75x | as long as short |
| Perpl LITlong | +0.0335% | 43m | 4.7095 | long leg | $32K | $838K | 33x | |
| GMX LIT/USD [ETH-USDC] | L +0.0356% / S −0.0155% | 1h | 4.7130 | +0.074% | $59K | — | 50x | as long as short |
| Lighter RH LIT | +0.0416% | 1h | 4.7182 | +0.184% | $3.7M | $13.5M | 5x | as long as short |
KuCoin LITUSDTM
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
Backpack LIT_USDC_PERP
Phemex LITUSDT
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Bullet LIT-USD
Bybit LITUSDT
Aftermath Perps LITUSD
GRVT LIT_USDT_Perp
Coinbase International LIT-PERP-INTX
RISEx LIT/USDC
Phoenix LIT
SoDEX LIT-USD
Paradex LIT-USD-PERP
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
edgeX LITUSDC
MEXC LIT_USDT
Binance LITUSDT
Lighter LIT
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
HTX LIT-USDT
Extended LIT-USD
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT