Funding you earn now, next payment 08:00 UTC−0.0283%/8h= −31.0% APRnext payment −$2.83 per $10,000 · paid last 24h −0.012%
Price spread now: KuCoin against Binance−0.031%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 2 days (all we have)−0.014%−$1 · spread now −0.031%, 7d avg −0.033%
=The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.83 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 | Binance LITEUSDT | 964.61 | 0.0383 | pay 0.0383% / 8h | 7h 21m | $13.9M | $44.1M | 25x |
| Short | KuCoin LITEUSDTM | 964.31 | 0.0100 | get 0.0100% / 8h | 7h 21m | $520K | $38K | 20x |
Binance LITEUSDT
KuCoin LITEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$59.45
- Price spread: −0.031% → −0.033%
- $0.18
- Slippage, 4 orders
- −$145
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$226.27
- Costs to cover
- 1.670%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 31 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 Binance live order book, 6 min ago | 1.03 bp | 10.4 bp −$10 | 20.5 bp −$205 | 85.1 bp −$8,513 | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 21.41 bp | 82.6 bp −$83 | 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 | −0.0096% | 1h | 960.78 | −0.397% | $111K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 964.43 | −0.018% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 965.15 | +0.056% | $1.9M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 964.62 | +0.001% | $3.8M | $17.9M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 965.09 | +0.050% | $8.1M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 964.45 | −0.016% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 965.37 | +0.079% | $705 | $207K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 964.50 | −0.011% | $783 | $4.0M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 964.95 | +0.035% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.00 | +0.041% | $1.5M | $682K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LITE-USDT | +0.0003% | 8h | 964.41 | −0.021% | $224K | $237K | 20x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 964.55 | −0.006% | $1.1M | $5.2M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 964.62 | +0.001% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 964.57 | −0.004% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 964.70 | +0.009% | $75K | $227K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 964.54 | −0.007% | $176K | $155K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0092% | 1h | 964.55 | −0.006% | $19K | $37K | 10x | as long as short |
| KuCoin LITEUSDTMshort | +0.0100% | 8h | 964.31 | −0.031% | $520K | $38K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.68 | +0.007% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 964.37 | −0.025% | $937 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.47 | −0.014% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0195% | 1h | 964.52 | −0.009% | $23K | $10K | 10x | as long as short |
| Variational Omni LITE | +0.0286% | 8h | 965.82 | +0.126% | $243K | $141K | — | as long as short |
| tradeXYZ xyz:LITE | +0.0291% | 1h | 964.86 | +0.026% | $7.3M | $5.0M | 10x | as long as short |
| Binance LITEUSDTlong | +0.0383% | 8h | 964.61 | long leg | $13.9M | $44.1M | 25x | |
| Extended LITE-USD | +0.0384% | 1h | 964.27 | −0.035% | $9K | $209K | 10x | as long as short |
| edgeX LITEUSDC | +0.0731% | 4h | 964.57 | −0.004% | $73K | $463K | 10x | as long as short |
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
Deribit LITE_USDC-PERPETUAL
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
SoDEX LITE-USD
Variational Omni LITE
tradeXYZ xyz:LITE
Extended LITE-USD
edgeX LITEUSDC