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−0.0270%/8h= −29.6% APRpaid last 24h −0.031%
Price spread now: KuCoin against Extended+0.085%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$570.573% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.128%−$13 on $10k
Price spread, last 7 days−0.116%−$12 · spread now +0.085%, 7d avg +0.059%
Together, before fees−0.244%+ Points / potential airdropExtended: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.026% dearer against Extended than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.059%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.128% in total) that is about 34 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.7559−0.0024get 0.0003% / 1h28m 53s$5.3M$5.1M25x
ShortKuCoin LITUSDTM4.7600−0.0294pay 0.0147% / 4h2h 28m$5.3M$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
−$56.7
Price spread: +0.085% → +0.059%
$2.62
Slippage, 4 orders
−$40.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$111.38
Costs to cover
0.573%
Break-even
never at this rate
Slippage from Extended: live order book, 5 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 Extended live order book, 5 min ago0.10 bp4.5 bp −$526.4 bp −$264doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago8.56 bp27.0 bp −$27148.6 bp −$1,486doesn'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
Deribit LIT_USDC-PERPETUAL−0.0797%1h4.7693+0.280%$42K$40K10xas long as short
Gate LIT_USDT−0.0692%4h4.7610+0.106%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0599%4h4.7616+0.119%$33K$2K10xas long as short
01 Exchange LITUSD−0.0568%1h4.7510−0.104%$33K$4K5xas long as short
Phemex LITUSDT−0.0510%4h4.7640+0.169%$1.3M$2.7M20xas long as short
Backpack LIT_USDC_PERP−0.0407%1h4.7674+0.241%$670K$1.5M5xas long as short
Bullet LIT-USD−0.0374%1h4.7626+0.140%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0310%4h4.7548−0.024%$25.0M$61.8M50xas long as short
Bybit LITUSDT−0.0308%4h4.7571+0.024%$43.1M$30.6M75xas long as short
KuCoin LITUSDTMshort−0.0294%4h4.7600+0.085%$5.3M$1.1M30x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0292%4h4.7463−0.202%$906K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.340%$660K$404K50xas long as short
Phoenix LIT−0.0050%1h4.7537−0.047%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0027%8h4.7460−0.209%$6K$2K5xas long as short
Extended LIT-USDlong−0.0024%1h4.7559long leg$5.3M$5.1M25x
SoDEX LIT-USD−0.0010%1h4.7687+0.268%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7558−0.004%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7715+0.328%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7583+0.049%$818K$2.0M5xas long as short
Nado LIT-PERP+0.0030%1h4.7531−0.060%$2.1M$1.7M10xas long as short
MEXC LIT_USDT+0.0030%4h4.7583+0.050%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0030%4h4.7464−0.201%$289K$312K10xas long as short
Binance LITUSDT+0.0032%4h4.7571+0.025%$75.2M$81.2M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.011%$422$178K5.5xas long as short
Polymarket Perps LIT-USD+0.0034%1h4.7551−0.018%$449K$105K10xas long as short
Bulk LIT-USD+0.0037%1h4.7479−0.169%$119K$6K10xas long as short
Aevo LIT-PERP+0.0048%1h4.7680+0.255%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7750+0.401%$59.8M$30.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7625+0.138%$211.5M$45.1M5xas long as short
Aster LITUSDT+0.0100%4h4.7695+0.285%$12.8M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7538−0.045%$583K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7557−0.005%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7580+0.043%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7490−0.146%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7726+0.351%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7700+0.296%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7582+0.047%$190K$329K30xas long as short
Perpl LIT+0.0112%43m4.7564+0.010%$31K$838K33xas long as short
BloFin LIT-USDT+0.0127%4h4.7666+0.224%$1.5M$2.1M75xas long as short
Aftermath Perps LITUSD+0.0158%1h4.7456−0.218%$12K$199K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0359% / S −0.0155%1h4.7711+0.318%$60K50xas long as short
Lighter RH LIT+0.0368%1h4.7764+0.430%$3.7M$14.2M5xas long as short