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+0.025%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1931.925% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.025%, 7d avg −0.014%
=The price spread pays, funding is against you. Bybit is 0.039% dearer against KuCoin than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.014%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin LITEUSDTM | 948.84 | 0.0100 | pay 0.0100% / 8h | 3h 16m | $521K | $43K | 20x |
| Short | Bybit LITEUSDT | 949.08 | 0 | get 0.0000% / 8h | 3h 16m | $1.8M | $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: +0.025% → −0.014%
- $3.93
- Slippage, 4 orders
- −$169.51
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$209.58
- Costs to cover
- 1.925%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 57 min ago; Bybit: live order book, 5 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, 57 min ago | 12.35 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.32 bp | 14.8 bp −$15 | 88.4 bp −$884 | 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 | −0.0224% | 1h | 957.73 | +0.937% | $101K | $203K | 10x | as long as short |
| Bitget LITEUSDT | −0.0191% | 8h | 949.42 | +0.061% | $2.6M | $3.0M | 20x | as long as short |
| QFEX LITE-USD | −0.0002% | 1h | 949.18 | +0.036% | $1.1M | $3.5M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 949.60 | +0.080% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.07 | +0.025% | $18K | $209K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 949.44 | +0.063% | $12.3M | $47.2M | 25x | as long as short |
| Bybit LITEUSDTshort | 0.0000% | 8h | 949.08 | +0.025% | $1.8M | $1.7M | 25x | |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 949.33 | +0.052% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 949.80 | +0.101% | $7.9M | $6.3M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 949.92 | +0.114% | $261K | $154K | — | as long as short |
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITEShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 949.58 | +0.078% | $304 | $184K | 10x | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 949.90 | +0.112% | $611 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 947.62 | −0.129% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 949.26 | +0.044% | $1.5M | $701K | 10x | as long as short |
| BloFin LITE-USDT | +0.0004% | 8h | 949.02 | +0.019% | $221K | $234K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 948.13 | −0.075% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 948.72 | −0.013% | — | $3K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0050% | 1h | 949.49 | +0.069% | $7.2M | $5.6M | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 949.35 | +0.054% | $73K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 948.16 | −0.072% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.00 | +0.017% | $34K | $314K | 10x | as long as short |
| edgeX LITEUSDC | +0.0072% | 4h | 949.99 | +0.122% | $64K | $456K | 10x | as long as short |
| KuCoin LITEUSDTMlong | +0.0100% | 8h | 948.84 | long leg | $521K | $43K | 20x | |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 947.97 | −0.092% | $16K | $267K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 948.73 | −0.012% | $922 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 948.42 | −0.045% | — | — | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | +0.1132% | 1h | 949.16 | +0.034% | $18K | $39K | 10x | as long as short |
GRVT LITE_USDT_Perp
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Vest LITE-USD-PERP
tradeXYZ xyz:LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
edgeX LITEUSDC
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
Deribit LITE_USDC-PERPETUAL