Funding you earn now, next payment 06:40 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.093%
Price spread now: Perpl against KuCoin+0.016%47s7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now +0.016%, 7d avg −0.009%
=Together, before fees+0.118%+ Points / potential airdropPerpl: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.025% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment. 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 | KuCoin LITUSDTM | 4.7853 | 0.0100 | pay 0.0050% / 4h | 59m 39s | $5.5M | $984K | 30x |
| Short | Perpl LIT | 4.7861 | 0.0447 | get 0.0040% / 43m | 5m 39s | $32K | $664K | 33x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $72.77
- Price spread: +0.016% → −0.009%
- $2.52
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $49.49
- Costs to cover
- 0.258%
- Break-even
- 2.2 days
Slippage unknown: KuCoin: live order book, 8 min ago; Perpl: no order-book sample. 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 KuCoin live order book, 8 min ago | 5.33 bp | 32.4 bp −$32 | 422.9 bp −$4,229 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit LIT_USDC-PERPETUAL | −0.0534% | 1h | 4.7817 | −0.075% | $42K | $40K | 10x | as long as short |
| Coinbase International LIT-PERP-INTX | −0.0440% | 1h | 4.7780 | −0.153% | $605K | $352K | 50x | as long as short |
| 01 Exchange LITUSD | −0.0408% | 1h | 4.7761 | −0.192% | $31K | $3K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0364% | 4h | 4.7759 | −0.196% | $33K | $1K | 10x | as long as short |
| Bullet LIT-USD | −0.0197% | 1h | 4.7818 | −0.073% | $86K | $66K | 20x | as long as short |
| OKX LIT-USDT-SWAP | −0.0137% | 4h | 4.7792 | −0.127% | $25.7M | $60.3M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0074% | 4h | 4.7770 | −0.174% | $884K | $2.0M | 10x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7841 | −0.025% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0002% | 1h | 4.7867 | +0.030% | $11K | — | 150x | as long as short |
| Bybit LITUSDT | +0.0033% | 4h | 4.7790 | −0.132% | $41.4M | $28.0M | 75x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix LIT | +0.0033% | 1h | 4.7845 | −0.017% | $205K | $301K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +0.391% | $422 | $178K | 5.5x | as long as short |
| Backpack LIT_USDC_PERP | +0.0036% | 1h | 4.7846 | −0.015% | $675K | $941K | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0094% | 8h | 4.7791 | −0.131% | $7K | $2K | 5x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7867 | +0.029% | $59.5M | $26.3M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7796 | −0.120% | $2.1M | $1.6M | 10x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7831 | −0.046% | $768K | $1.8M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7778 | −0.157% | $76.6M | $75.2M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7825 | −0.059% | $126K | $446K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7741 | −0.234% | $119K | $7K | 10x | as long as short |
| Gate LIT_USDT | +0.0100% | 4h | 4.7840 | −0.027% | $2.8M | $4.1M | 50x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7786 | −0.140% | $5.8M | $3.8M | 100x | as long as short |
| KuCoin LITUSDTMlong | +0.0100% | 4h | 4.7853 | long leg | $5.5M | $984K | 30x | |
| Bitget LITUSDT | +0.0100% | 4h | 4.7820 | −0.069% | $6.8M | $2.5M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.7753 | −0.208% | $292K | $304K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7740 | −0.236% | $57K | $73K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7821 | −0.067% | $449K | $83K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7837 | −0.033% | $2K | $961 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7774 | −0.165% | $4K | $1.1M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7826 | −0.056% | $1K | $333K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7861 | +0.017% | $199K | $298K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7810 | −0.090% | $1.4M | $2.8M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7777 | −0.160% | $5.1M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7804 | −0.103% | $149K | — | 3x | as long as short |
| RISEx LIT/USDC | +0.0148% | 1h | 4.7843 | −0.020% | $797K | $2.3M | 5x | as long as short |
| Aster LITUSDT | +0.0189% | 4h | 4.7845 | −0.017% | $12.8M | $1.9M | 50x | as long as short |
| Hyperliquid LIT | +0.0211% | 1h | 4.7877 | +0.050% | $216.0M | $39.0M | 5x | as long as short |
| BloFin LIT-USDT | +0.0340% | 4h | 4.7763 | −0.188% | $1.6M | $2.3M | 75x | as long as short |
| Lighter RH LIT | +0.0368% | 1h | 4.7874 | +0.044% | $3.7M | $13.3M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0424% | 1h | 4.7860 | +0.014% | $9K | $205K | 10x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0425% / S −0.0217% | 1h | 4.7858 | +0.011% | $64K | — | 50x | as long as short |
| Perpl LITshort | +0.0447% | 43m | 4.7861 | +0.016% | $32K | $664K | 33x |
KuCoin LITUSDTM
Deribit LIT_USDC-PERPETUAL
Coinbase International LIT-PERP-INTX
01 Exchange LITUSD
Bullet LIT-USD
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
gTrade (Gains Network) LIT/USD
Bybit LITUSDT
Phoenix LIT
Injective LIT/USDC PERP
Backpack LIT_USDC_PERP
Paradex LIT-USD-PERP
Lighter LIT
Pacifica LIT
Binance LITUSDT
Bulk LIT-USD
Gate LIT_USDT
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
RISEx LIT/USDC
Aster LITUSDT
Hyperliquid LIT
BloFin LIT-USDT
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]