Funding you earn now, next payment 00:00 UTC−0.0302%/8h= −33.1% APRnext payment −$1.51 per $10,000 · paid last 24h −0.032%
Price spread now: KuCoin against MEXC+0.088%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$560.565% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.088%, 7d avg +0.037%
=The price spread pays, funding is against you. KuCoin is 0.051% dearer against MEXC than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.037%): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.51 per $10,000. 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 | MEXC LIT_USDT | 4.7521 | 0.0076 | pay 0.0038% / 4h | 39m 26s | $5.6M | $4.1M | 100x |
| Short | KuCoin LITUSDTM | 4.7563 | −0.0226 | pay 0.0113% / 4h | 39m 26s | $5.3M | $1.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- −$63.42
- Price spread: +0.088% → +0.037%
- $5.1
- Slippage, 4 orders
- −$40.48
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$114.8
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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 MEXC live order book, 3 min ago | 0.10 bp | 3.8 bp −$4 | 53.1 bp −$531 | 358.7 bp −$35.9K | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 7.46 bp | 24.5 bp −$24 | 138.2 bp −$1,382 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LIT_USDT | −0.0904% | 4h | 4.7550 | +0.061% | $2.8M | $4.5M | 50x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0860% | 1h | 4.7601 | +0.168% | $42K | $40K | 10x | as long as short |
| Orderly PERP_LIT_USDC | −0.0605% | 4h | 4.7470 | −0.107% | $32K | $2K | 10x | as long as short |
| 01 Exchange LITUSD | −0.0568% | 1h | 4.7477 | −0.093% | $33K | $4K | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0438% | 4h | 4.7524 | +0.006% | $25.8M | $63.9M | 50x | as long as short |
| Phemex LITUSDT | −0.0423% | 4h | 4.7590 | +0.145% | $1.4M | $2.7M | 20x | as long as short |
| Bullet LIT-USD | −0.0316% | 1h | 4.7519 | −0.005% | $85K | $81K | 20x | as long as short |
| KuCoin LITUSDTMshort | −0.0226% | 4h | 4.7563 | +0.088% | $5.3M | $1.1M | 30x | |
| Coinbase International LIT-PERP-INTX | −0.0120% | 1h | 4.7608 | +0.184% | $673K | $402K | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0116% | 4h | 4.7685 | +0.346% | $906K | $1.8M | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit LITUSDT | −0.0113% | 4h | 4.7520 | −0.002% | $42.8M | $30.0M | 75x | as long as short |
| Phoenix LIT | −0.0050% | 1h | 4.7618 | +0.204% | $207K | $353K | 5x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7624 | +0.216% | $34K | — | 5x | as long as short |
| Perpl LIT | 0.0000% | 43m | 4.7544 | +0.048% | $31K | $840K | 33x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S −0.0003% | 1h | 4.7570 | +0.103% | $35K | — | 150x | as long as short |
| RISEx LIT/USDC | +0.0012% | 1h | 4.7582 | +0.128% | $819K | $2.1M | 5x | as long as short |
| Paradex LIT-USD-PERP | +0.0013% | 8h | 4.7519 | −0.005% | $7K | $2K | 5x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.092% | $422 | $178K | 5.5x | as long as short |
| Aftermath Perps LITUSD | +0.0072% | 1h | 4.7708 | +0.393% | $13K | $203K | 10x | as long as short |
| edgeX LITUSDC | +0.0074% | 4h | 4.7649 | +0.270% | $290K | $310K | 10x | as long as short |
| MEXC LIT_USDTlong | +0.0076% | 4h | 4.7521 | long leg | $5.6M | $4.1M | 100x | |
| Binance LITUSDT | +0.0077% | 4h | 4.7503 | −0.038% | $75.6M | $81.4M | 75x | as long as short |
| Aevo LIT-PERP | +0.0088% | 1h | 4.7577 | +0.118% | $149K | $44K | 3x | as long as short |
| Polymarket Perps LIT-USD | +0.0090% | 1h | 4.7533 | +0.025% | $449K | $105K | 10x | as long as short |
| Lighter LIT | +0.0096% | 1h | 4.7600 | +0.166% | $59.9M | $29.8M | 5x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7545 | +0.051% | $2.2M | $1.7M | 10x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7581 | +0.127% | $12.7M | $2.4M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7572 | +0.107% | $592K | $1.7M | 10x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7555 | +0.072% | $120K | $456K | 5x | as long as short |
| Bulk LIT-USD | +0.0100% | 1h | 4.7635 | +0.240% | $119K | $6K | 10x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7530 | +0.019% | $6.7M | $2.8M | 20x | as long as short |
| Backpack LIT_USDC_PERP | +0.0100% | 1h | 4.7610 | +0.187% | $676K | $1.4M | 5x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.7720 | +0.419% | $56K | $77K | 50x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7640 | +0.250% | $2K | $650 | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7642 | +0.255% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7609 | +0.185% | $1K | $466K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7644 | +0.259% | $190K | $329K | 30x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7532 | +0.022% | $5.2M | $5.1M | 25x | as long as short |
| Lighter RH LIT | +0.0144% | 1h | 4.7641 | +0.253% | $3.7M | $13.9M | 5x | as long as short |
| Hyperliquid LIT | +0.0242% | 1h | 4.7617 | +0.202% | $213.5M | $44.8M | 5x | as long as short |
| BloFin LIT-USDT | +0.0304% | 4h | 4.7645 | +0.261% | $1.6M | $2.1M | 75x | as long as short |
| GMX LIT/USD [ETH-USDC] | L +0.0377% / S −0.0169% | 1h | 4.7560 | +0.083% | $62K | — | 50x | as long as short |
MEXC LIT_USDT
KuCoin LITUSDTM
Gate LIT_USDT
Deribit LIT_USDC-PERPETUAL
01 Exchange LITUSD
OKX LIT-USDT-SWAP
Phemex LITUSDT
Bullet LIT-USD
Coinbase International LIT-PERP-INTX
GRVT LIT_USDT_Perp
Bybit LITUSDT
Phoenix LIT
gTrade (Gains Network) LIT/USD
RISEx LIT/USDC
Paradex LIT-USD-PERP
Injective LIT/USDC PERP
Aftermath Perps LITUSD
edgeX LITUSDC
Binance LITUSDT
Polymarket Perps LIT-USD
Lighter LIT
Aster LITUSDT
Pacifica LIT
Bulk LIT-USD
Bitget LITUSDT
Backpack LIT_USDC_PERP
ApeX Omni LITUSDT
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Extended LIT-USD
Lighter RH LIT
Hyperliquid LIT
BloFin LIT-USDT
GMX LIT/USD [ETH-USDC]