Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.012%
Price spread now: Binance against KuCoin+0.085%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2102.095% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.085%, 7d avg +0.042%
=The price spread pays, funding is against you. Binance is 0.043% dearer against KuCoin than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.042%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITEUSDTM | 941.07 | 0.0100 | pay 0.0100% / 8h | 6h 16m | $515K | $175K | 20x |
| Short | Binance LITEUSDT | 941.87 | 0 | get 0.0000% / 8h | 6h 16m | $12.0M | $51.4M | 25x |
KuCoin LITEUSDTM
Binance LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.085% → +0.042%
- $4.34
- Slippage, 4 orders
- −$187.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$226.17
- Costs to cover
- 2.095%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 29 min ago; Binance: 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, 29 min ago | 19.13 bp | 89.2 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.48 bp | 14.3 bp −$14 | 29.4 bp −$294 | 90.7 bp −$9,066 | doesn't fit |
LITE on 27 exchanges
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 | −0.0016% | 1h | 940.46 | −0.065% | $93K | $124K | 10x | as long as short |
| BloFin LITE-USDT | −0.0015% | 8h | 941.19 | +0.013% | $216K | $252K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 941.22 | +0.016% | $105K | $30K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 941.72 | +0.069% | $50K | $251K | 10x | as long as short |
| Binance LITEUSDTshort | 0.0000% | 8h | 941.87 | +0.085% | $12.0M | $51.4M | 25x | |
| Bybit LITEUSDT | 0.0000% | 8h | 941.33 | +0.028% | $1.8M | $2.1M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 941.76 | +0.073% | $3.5M | $18.8M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 942.37 | +0.138% | $8.0M | $6.6M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 941.67 | +0.064% | $2.6M | $3.3M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 940.79 | −0.030% | $259K | $129K | — | as long as short |
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Extended LITE-USD
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Bitget LITEUSDT
Variational Omni LITEShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 941.17 | +0.010% | $649 | $191K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 942.40 | +0.141% | $857 | $3.5M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 941.83 | +0.081% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 941.42 | +0.037% | $7K | $30K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 942.11 | +0.111% | $1.5M | $748K | 10x | as long as short |
| QFEX LITE-USD | +0.0008% | 1h | 941.69 | +0.066% | $1.1M | $3.8M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 941.79 | +0.077% | $26K | $102K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 941.07 | 0.000% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 941.82 | +0.080% | $73K | $224K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 940.41 | −0.070% | $32K | $361K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0095% | 1h | 941.89 | +0.087% | $7.6M | $5.7M | 10x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 941.49 | +0.045% | $915 | $3K | 10x | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 941.07 | long leg | $515K | $175K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 939.55 | −0.162% | $16K | $268K | 50x | as long as short |
| SoDEX LITE-USD | +0.0101% | 1h | 941.80 | +0.078% | $23K | $9K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 941.12 | +0.005% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0414% | 4h | 940.63 | −0.047% | $59K | $487K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
tradeXYZ xyz:LITE
Orderly PERP_LITE_USDC_mythos
ApeX Omni LITEUSDT
SoDEX LITE-USD
Aevo LITE-PERP
edgeX LITEUSDC