Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h −0.023%
Price spread now: KuCoin against Injective−0.589%85s7-day average +9.288% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+15.475%+$1,547 · spread now −0.589%, 7d avg +9.288%
=Funding pays, the price is against you. KuCoin is 9.877% cheaper against Injective than usual: you would sell low and buy high (spread −0.589% now, against its 7-day average of +9.288%). If the spread goes back, that is −$988 on $10k: about 23 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.043% in total) that is about years. The two prices were read 85 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 | Injective LIT/USDC PERP | 4.8040 | 0.0033 | pay 0.0004% / 1h | 47m 42s | $422 | $178K | 5.5x |
| Short | KuCoin LITUSDTM | 4.7757 | 0.0082 | get 0.0041% / 4h | 1h 47m | $5.4M | $992K | 30x |
Injective LIT/USDC PERP
KuCoin LITUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $10.22
- Price spread: −0.589% → +9.288%
- −$987.69
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$989.49
- Costs to cover
- 0.120%
- Break-even
- 684.7 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 10 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 Injective no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 10 min ago | 6.98 bp | 26.1 bp −$26 | 152.9 bp −$1,529 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.7761 | −0.580% | $605K | $352K | 50x | as long as short |
| Orderly PERP_LIT_USDC | −0.0381% | 4h | 4.7712 | −0.683% | $33K | $1K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0367% | 1h | 4.7770 | −0.561% | $42K | $40K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0224% | 1h | 4.7715 | −0.677% | $31K | $3K | 5x | as long as short |
| Bullet LIT-USD | −0.0183% | 1h | 4.7744 | −0.616% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0173% | 4h | 4.7741 | −0.622% | $25.6M | $61.5M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0072% | 4h | 4.7650 | −0.813% | $882K | $2.0M | 10x | as long as short |
| Backpack LIT_USDC_PERP | −0.0063% | 1h | 4.7755 | −0.593% | $673K | $1.1M | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7781 | −0.538% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7793 | −0.513% | $11K | — | 150x | as long as short |
Coinbase International LIT-PERP-INTX
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
Backpack LIT_USDC_PERP
dYdX LIT-USD
gTrade (Gains Network) LIT/USDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0033% | 1h | 4.7792 | −0.516% | $205K | $301K | 5x | as long as short |
| Injective LIT/USDC PERPlong | +0.0033% | 1h | 4.8040 | long leg | $422 | $178K | 5.5x | |
| KuCoin LITUSDTMshort | +0.0082% | 4h | 4.7757 | −0.589% | $5.4M | $992K | 30x | |
| ApeX Omni LITUSDT | +0.0086% | 1h | 4.7760 | −0.583% | $57K | $75K | 50x | as long as short |
| Phemex LITUSDT | +0.0091% | 4h | 4.7730 | −0.645% | $1.3M | $2.8M | 20x | as long as short |
| Paradex LIT-USD-PERP | +0.0093% | 8h | 4.7755 | −0.593% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7792 | −0.516% | $59.4M | $27.2M | 5x | as long as short |
| Bybit LITUSDT | +0.0099% | 4h | 4.7714 | −0.679% | $41.3M | $28.6M | 75x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7745 | −0.614% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7794 | −0.512% | $620K | $1.7M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7709 | −0.689% | $76.4M | $77.1M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7771 | −0.560% | $124K | $457K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7710 | −0.687% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7730 | −0.645% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7715 | −0.677% | $5.9M | $3.9M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7770 | −0.562% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7755 | −0.593% | $292K | $303K | 10x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7732 | −0.641% | $448K | $83K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7788 | −0.525% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7725 | −0.656% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7767 | −0.568% | $1K | $331K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7801 | −0.498% | $198K | $323K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7692 | −0.724% | $5.1M | $5.2M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7753 | −0.598% | $149K | — | 3x | as long as short |
| Perpl LIT | +0.0112% | 43m | 4.7762 | −0.579% | $32K | $677K | 33x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7782 | −0.538% | $797K | $2.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0185% | 1h | 4.7826 | −0.446% | $9K | $216K | 10x | as long as short |
| Aster LITUSDT | +0.0223% | 4h | 4.7798 | −0.504% | $12.8M | $2.0M | 50x | as long as short |
| Hyperliquid LIT | +0.0298% | 1h | 4.7818 | −0.462% | $215.8M | $40.4M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7737 | −0.631% | $1.6M | $2.3M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7786 | −0.529% | $64K | — | 50x | as long as short |
| Lighter RH LIT | +0.0448% | 1h | 4.7813 | −0.473% | $3.6M | $13.1M | 5x | as long as short |
Phoenix LIT
ApeX Omni LITUSDT
Phemex LITUSDT
Paradex LIT-USD-PERP
Lighter LIT
Bybit LITUSDT
Nado LIT-PERP
Pacifica LIT
Binance LITUSDT
Arcus LIT-USD
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Aevo LIT-PERP
Perpl LIT
RISEx LIT/USDC
Aftermath Perps LITUSD
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]
Lighter RH LIT