Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.8% APRpaid last 24h −0.002%

Price spread now: KuCoin against ApeX Omni+0.096%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.096% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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	ApeX Omni LITUSDT	4.6640	−0.0052	get 0.0007% / 1h	44m 32s	$56K	$76K	50x
Short	KuCoin LITUSDTM	4.6685	−0.0018	pay 0.0009% / 4h	44m 32s	$5.2M	$1.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee KuCoinbpOrdersPrice spread, now +0.096%Rate

Funding earned: $7.22
Price spread: +0.096% → 0.000%: $9.65
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$5.13
Costs to cover: 0.220%
Break-even: 12.0 days

Slippage unknown: ApeX Omni: no order-book sample; KuCoin: live order book, 3 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 3 min ago	6.75 bp	29.5 bp −$29	142.6 bp −$1,426	doesn't fit	doesn't fit

ApeX Omni: 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
01 Exchange LITUSD	−0.0504%	1h	4.6630	−0.021%	$32K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.6621	−0.041%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0235%	1h	4.6667	+0.059%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0214%	4h	4.6690	+0.107%	$2.7M	$4.3M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0199%	1h	4.6678	+0.081%	$661K	$1.4M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.445%	$612K	$404K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0180%	1h	4.6672	+0.069%	$41K	$40K	10x	as long as short
Phemex LITUSDT	−0.0122%	4h	4.6680	+0.086%	$1.3M	$2.8M	20x	as long as short
ApeX Omni LITUSDTlong	−0.0052%	1h	4.6640	long leg	$56K	$76K	50x
Phoenix LIT	−0.0034%	1h	4.6719	+0.169%	$201K	$305K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado LIT-PERP	−0.0031%	1h	4.6681	+0.087%	$2.1M	$1.7M	10x	as long as short
Extended LIT-USD	−0.0024%	1h	4.6653	+0.028%	$5.1M	$5.0M	25x	as long as short
Bybit LITUSDT	−0.0023%	4h	4.6678	+0.081%	$41.2M	$28.7M	75x	as long as short
KuCoin LITUSDTMshort	−0.0018%	4h	4.6685	+0.096%	$5.2M	$1.0M	30x
OKX LIT-USDT-SWAP	−0.0005%	4h	4.6693	+0.114%	$25.1M	$61.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6661	+0.044%	$33K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6698	+0.125%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+3.002%	$422	$178K	5.5x	as long as short
GRVT LIT_USDT_Perp	+0.0062%	4h	4.6701	+0.130%	$904K	$1.8M	10x	as long as short
Paradex LIT-USD-PERP	+0.0064%	8h	4.6641	+0.002%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6703	+0.135%	$779K	$2.1M	5x	as long as short
Polymarket Perps LIT-USD	+0.0088%	1h	4.6680	+0.086%	$436K	$109K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6708	+0.146%	$58.2M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6700	+0.129%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6700	+0.129%	$208.8M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6665	+0.054%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6655	+0.032%	$74.6M	$79.1M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6734	+0.202%	$121K	$455K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6642	+0.004%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6720	+0.172%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6650	+0.022%	$284K	$305K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6684	+0.094%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6716	+0.163%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6664	+0.051%	$1K	$390K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6734	+0.202%	$198K	$388K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6625	−0.032%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6668	+0.060%	$146K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0176%	1h	4.6757	+0.251%	$8K	$206K	10x	as long as short
Aster LITUSDT	+0.0184%	4h	4.6716	+0.163%	$12.5M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.6740	+0.214%	$31K	$794K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6671	+0.066%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6687	+0.102%	$62K	—	50x	as long as short