Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0138%/8h= −15.1% APRpaid last 24h +0.011%
Price spread now: KuCoin against Coinbase International+0.036%51s7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.889%+$89 on $10k
Price spread, last 3 days (all we have)−0.191%−$19 · spread now +0.036%, 7d avg −0.108%
Together, before fees+0.698%+$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.144% dearer against Coinbase International than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.108%): +$14 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.889%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7002−0.0152get 0.0019% / 1h33m 23s$665K$397K50x
ShortKuCoin LITUSDTM4.7019−0.0290pay 0.0145% / 4h1h 33m$5.2M$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. 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

Funding earned
−$28.98
Price spread: +0.036% → −0.108%
$14.43
Slippage, 4 orders
−$64.28
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$100.83
Costs to cover
0.863%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 50 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 50 min ago8.70 bp23.1 bp −$2377.4 bp −$774doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago6.91 bp17.4 bp −$17125.0 bp −$1,250doesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LIT_USDT−0.1112%4h4.7050+0.102%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0915%1h4.7081+0.167%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0743%1h4.7126+0.264%$662K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0631%4h4.6963−0.083%$32K$2K10xas long as short
01 Exchange LITUSD−0.0568%1h4.6976−0.055%$33K$4K5xas long as short
Phemex LITUSDT−0.0534%4h4.7100+0.209%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0438%4h4.6969−0.070%$25.2M$61.9M50xas long as short
Bullet LIT-USD−0.0335%1h4.7010+0.016%$85K$81K20xas long as short
Bybit LITUSDT−0.0303%4h4.7030+0.060%$42.5M$30.3M75xas long as short
KuCoin LITUSDTMshort−0.0290%4h4.7019+0.036%$5.2M$1.1M30x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0228%1h4.7080+0.167%$10K$201K10xas long as short
GRVT LIT_USDT_Perp−0.0186%4h4.6990−0.026%$898K$1.8M10xas long as short
Coinbase International LIT-PERP-INTXlong−0.0152%1h4.7002long leg$665K$397K50x
RISEx LIT/USDC−0.0082%1h4.7077+0.160%$784K$2.1M5xas long as short
Nado LIT-PERP−0.0038%1h4.7035+0.071%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7044+0.089%$243K$327K5xas long as short
Paradex LIT-USD-PERP−0.0006%8h4.7019+0.036%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7104+0.217%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7080+0.167%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.208%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0054%4h4.7007+0.011%$5.5M$4.2M100xas long as short
Binance LITUSDT+0.0057%4h4.6992−0.021%$74.5M$80.9M75xas long as short
edgeX LITUSDC+0.0057%4h4.6995−0.014%$286K$311K10xas long as short
SoDEX LIT-USD+0.0058%1h4.7085+0.177%$1K$465K5xas long as short
Aevo LIT-PERP+0.0072%1h4.7053+0.109%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7122+0.255%$59.3M$29.5M5xas long as short
Hyperliquid LIT+0.0100%1h4.7077+0.160%$209.9M$44.2M5xas long as short
Aster LITUSDT+0.0100%4h4.7116+0.241%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7095+0.198%$579K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7055+0.113%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7148+0.311%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7080+0.166%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7000−0.004%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7028+0.055%$444K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7123+0.257%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.7056+0.115%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7047+0.096%$188K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7017+0.032%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0230%4h4.6967−0.074%$1.5M$2.1M75xas long as short
Perpl LIT+0.0335%43m4.7036+0.073%$31K$838K33xas long as short
Lighter RH LIT+0.0352%1h4.7143+0.300%$3.7M$13.6M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7057+0.118%$59K50xas long as short