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: Bybit against KuCoin+0.048%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.048%, 7d avg −0.015%
=The price spread pays, funding is against you. Bybit is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.015%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITEUSDTM | 965.15 | 0.0100 | pay 0.0100% / 8h | 7h 47m | $521K | $39K | 20x |
| Short | Bybit LITEUSDT | 965.61 | 0 | get 0.0000% / 8h | 7h 47m | $1.9M | $1.7M | 25x |
KuCoin LITEUSDTM
Bybit LITEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.048% → −0.015%
- $6.27
- Slippage, 4 orders
- −$149.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$186.92
- Costs to cover
- 1.722%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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, 5 min ago | 21.41 bp | 61.7 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 4.98 bp | 12.3 bp −$12 | 80.3 bp −$803 | 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 | −0.453% | $111K | $221K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 966.00 | +0.088% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 965.61 | +0.048% | $1.9M | $1.7M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 965.69 | +0.056% | $3.8M | $18.0M | 25x | as long as short |
| Bitget LITEUSDT | 0.0000% | 8h | 965.44 | +0.030% | $2.8M | $2.8M | 20x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 965.20 | +0.005% | $1K | $4.1M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 966.12 | +0.101% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 965.82 | +0.069% | $1.5M | $683K | 10x | as long as short |
| QFEX LITE-USD | +0.0014% | 1h | 965.40 | +0.026% | $1.1M | $5.3M | 10x | as long as short |
| BloFin LITE-USDT | +0.0027% | 8h | 965.86 | +0.074% | $223K | $237K | 20x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
OKX LITE-USDT-SWAP
Bitget LITEUSDT
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
QFEX LITE-USD
BloFin LITE-USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LITE-USD-PERP | +0.0046% | 1h | 965.07 | −0.008% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 965.78 | +0.065% | $75K | $228K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 965.86 | +0.074% | $176K | $154K | 10x | as long as short |
| GRVT LITE_USDT_Perp | +0.0055% | 8h | 964.83 | −0.034% | $598 | $222K | 10x | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 965.15 | long leg | $521K | $39K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 964.08 | −0.111% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 965.67 | +0.054% | $939 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 964.82 | −0.034% | — | — | 10x | as long as short |
| Gate LITE_USDT | +0.0117% | 8h | 966.25 | +0.114% | $8.1M | $5.8M | 50x | as long as short |
| Lighter LITE | +0.0136% | 1h | 965.66 | +0.053% | $27K | $101K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.0299% | 1h | 965.82 | +0.069% | $19K | $37K | 10x | as long as short |
| Variational Omni LITE | +0.0314% | 8h | 964.85 | −0.032% | $243K | $141K | — | as long as short |
| Extended LITE-USD | +0.0416% | 1h | 965.72 | +0.059% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0419% | 8h | 965.86 | +0.074% | $13.9M | $44.3M | 25x | as long as short |
| tradeXYZ xyz:LITE | +0.0424% | 1h | 966.38 | +0.127% | $7.3M | $5.0M | 10x | as long as short |
| SoDEX LITE-USD | +0.0524% | 1h | 965.50 | +0.036% | $23K | $10K | 10x | as long as short |
| edgeX LITEUSDC | +0.0813% | 4h | 964.95 | −0.021% | $73K | $463K | 10x | as long as short |
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
GRVT LITE_USDT_Perp
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Gate LITE_USDT
Lighter LITE
Deribit LITE_USDC-PERPETUAL
Variational Omni LITE
Extended LITE-USD
Binance LITEUSDT
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC