Funding you earn now, next payment 08:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.77 per $10,000 · paid last 24h −0.031%
Price spread now: BloFin against KuCoin+0.453%725s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1561.558% of the position
Funding, last 7 days−0.122%−$12 on $10k
+Price spread, last 3 days (all we have)−0.476%−$48 · spread now +0.453%, 7d avg +0.033%
=The price spread pays, funding is against you. BloFin is 0.420% dearer against KuCoin than usual: you sell high and buy low (spread +0.453% now, against its 7-day average of +0.033%): +$42 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days. The two prices were read 725 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 | KuCoin LITEUSDTM | 958.41 | 0.0100 | pay 0.0100% / 8h | 6h 37m | $518K | $39K | 20x |
| Short | BloFin LITE-USDT | 962.75 | 0.0023 | get 0.0023% / 8h | 6h 37m | $227K | $236K | 20x |
KuCoin LITEUSDTM
BloFin LITE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$16.25
- Price spread: +0.453% → +0.033%
- $42.03
- Slippage, 4 orders
- −$131.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$130.01
- Costs to cover
- 1.558%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 23 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, 1 min ago | 23.03 bp | 72.2 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 23 min ago | 0.57 bp | 10.1 bp −$10 | 14.8 bp −$148 | 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 | −0.0232% | 1h | 965.50 | +0.740% | $111K | $195K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 959.77 | +0.142% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 958.43 | +0.002% | $1.9M | $1.6M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 958.16 | −0.026% | $3.8M | $17.7M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 958.60 | +0.020% | $8.0M | $5.9M | 50x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 958.58 | +0.018% | $2.8M | $2.8M | 20x | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 959.74 | +0.138% | $326 | $194K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 958.30 | −0.011% | $586 | $3.9M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 958.65 | +0.025% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 958.81 | +0.042% | $1.5M | $683K | 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-USDTshort | +0.0023% | 8h | 962.75 | +0.453% | $227K | $236K | 20x | |
| QFEX LITE-USD | +0.0028% | 1h | 958.37 | −0.004% | $1.1M | $5.1M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 958.20 | −0.022% | $27K | $101K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 957.65 | −0.079% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 958.49 | +0.008% | $75K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 958.17 | −0.025% | $23K | $10K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.05 | +0.171% | $168K | $165K | 10x | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 958.41 | long leg | $518K | $39K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.34 | +0.097% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 958.52 | +0.011% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 958.52 | +0.012% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0115% | 1h | 958.15 | −0.027% | $19K | $37K | 10x | as long as short |
| edgeX LITEUSDC | +0.0170% | 4h | 959.42 | +0.106% | $70K | $454K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0204% | 1h | 958.40 | −0.001% | $7.2M | $5.1M | 10x | as long as short |
| Variational Omni LITE | +0.0207% | 8h | 960.81 | +0.250% | $241K | $122K | — | as long as short |
| Binance LITEUSDT | +0.0316% | 8h | 958.23 | −0.019% | $13.8M | $44.2M | 25x | as long as short |
| Extended LITE-USD | +0.0320% | 1h | 958.07 | −0.035% | $10K | $202K | 10x | as long as short |
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC
tradeXYZ xyz:LITE
Variational Omni LITE
Binance LITEUSDT
Extended LITE-USD