Funding you earn now, next payment 08:00 UTC+0.0588%/8h= +64.4% APRnext payment +$5.88 per $10,000 · paid last 24h +0.023%
Price spread now: KuCoin against Bitget−0.017%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2212.211% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.017%, 7d avg +0.010%
=Funding pays, the price is against you. KuCoin is 0.027% cheaper against Bitget than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.010%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.096% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.88 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 | Bitget LITEUSDT | 948.02 | −0.0488 | get 0.0488% / 8h | 1h 16m | $2.6M | $3.1M | 20x |
| Short | KuCoin LITEUSDTM | 947.86 | 0.0100 | get 0.0100% / 8h | 1h 16m | $520K | $43K | 20x |
Bitget LITEUSDT
KuCoin LITEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- $123.48
- Price spread: −0.017% → +0.010%
- −$2.7
- Slippage, 4 orders
- −$197.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$100.29
- Costs to cover
- 2.211%
- Break-even
- 12.7 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 27 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 Bitget live order book, 1 min ago | 3.16 bp | 12.9 bp −$13 | 26.3 bp −$263 | 44.6 bp −$4,456 | doesn't fit |
| Sell KuCoin live order book, 27 min ago | 18.51 bp | 49.2 bp −$49 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDTlong | −0.0488% | 8h | 948.02 | long leg | $2.6M | $3.1M | 20x | |
| Coinbase International LITE-PERP-INTX | −0.0072% | 1h | 946.65 | −0.145% | $92K | $212K | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 948.54 | +0.055% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 948.17 | +0.015% | $14K | $218K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 948.16 | +0.015% | $12.1M | $49.3M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 948.36 | +0.036% | $1.7M | $1.9M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 948.00 | −0.002% | $3.5M | $18.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.24 | +0.129% | $7.9M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 948.35 | +0.035% | $260K | $154K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.07 | +0.111% | $788 | $195K | 10x | as long as short |
Coinbase International LITE-PERP-INTX
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 949.00 | +0.103% | $869 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 948.98 | +0.101% | $18K | $40K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 949.90 | +0.198% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.49 | +0.155% | $1.5M | $729K | 10x | as long as short |
| BloFin LITE-USDT | +0.0010% | 8h | 949.18 | +0.122% | $214K | $240K | 20x | as long as short |
| QFEX LITE-USD | +0.0012% | 1h | 948.22 | +0.021% | $1.1M | $3.6M | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.47 | +0.047% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.07 | +0.005% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 948.26 | +0.025% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.83 | +0.191% | $32K | $349K | 10x | as long as short |
| KuCoin LITEUSDTMshort | +0.0100% | 8h | 947.86 | −0.017% | $520K | $43K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 948.87 | +0.090% | $16K | $265K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 949.00 | +0.103% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.76 | +0.078% | — | — | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0106% | 1h | 948.56 | +0.057% | $7.7M | $5.9M | 10x | as long as short |
| SoDEX LITE-USD | +0.0289% | 1h | 948.96 | +0.099% | $23K | $9K | 10x | as long as short |
| edgeX LITEUSDC | +0.0416% | 4h | 948.68 | +0.070% | $63K | $473K | 10x | as long as short |
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
QFEX LITE-USD
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
Ondo Perps LITE-USD.P
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
tradeXYZ xyz:LITE
SoDEX LITE-USD
edgeX LITEUSDC