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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against GRVT+1.789%113s7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1071.071% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.351%+$35 on $10k
Price spread, last 7 days−1.813%−$181 · spread now +1.789%, 7d avg +0.087%
Together, before fees−1.462%+ Points / potential airdropGRVT: Active · farm board−$146 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 1.702% dearer against GRVT than usual: you sell high and buy low: +$170 more if the spread goes back to its 7-day average of +0.087%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LIT_USDT_Perp4.7790−0.0144get 0.0072% / 4h2h 17m$891K$1.9M10x
ShortKuCoin LITUSDTM4.86450.0048get 0.0024% / 4h2h 17m$5.5M$1.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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
$40.32
Price spread: +1.789% → +0.087%
$170.23
Slippage, 4 orders
−$86.08
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$103.47
Costs to cover
1.071%
Break-even
from the start
Slippage from GRVT: live order book, 1 min ago; KuCoin: live order book, 5 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 GRVT live order book, 1 min ago2.05 bp19.7 bp −$2041.4 bp −$414doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago7.20 bp27.2 bp −$27166.0 bp −$1,660doesn'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
Coinbase International LIT-PERP-INTX−0.0448%1h4.8470+1.424%$613K$370K50xas long as short
Orderly PERP_LIT_USDC−0.0354%4h4.8660+1.820%$33K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0238%1h4.8713+1.931%$43K$40K10xas long as short
01 Exchange LITUSD−0.0216%1h4.8602+1.699%$32K$4K5xas long as short
Bullet LIT-USD−0.0166%1h4.8669+1.839%$87K$66K20xas long as short
GRVT LIT_USDT_Perplong−0.0144%4h4.7790long leg$891K$1.9M10x
OKX LIT-USDT-SWAP−0.0143%4h4.8648+1.795%$26.2M$63.0M50xas long as short
Phemex LITUSDT−0.0140%4h4.8690+1.883%$1.4M$2.8M20xas long as short
Phoenix LIT−0.0017%1h4.8141+0.734%$207K$283K5xas long as short
RISEx LIT/USDC−0.0012%1h4.8608+1.712%$845K$2.2M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.8640+1.779%$35K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.8711+1.927%$12K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.523%$422$178K5.5xas long as short
KuCoin LITUSDTMshort+0.0048%4h4.8645+1.789%$5.5M$1.0M30x
Bybit LITUSDT+0.0072%4h4.8670+1.841%$42.2M$28.8M75xas long as short
Paradex LIT-USD-PERP+0.0094%8h4.8620+1.736%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.8641+1.781%$60.6M$28.3M5xas long as short
Nado LIT-PERP+0.0100%1h4.8610+1.716%$2.2M$1.7M10xas long as short
Pacifica LIT+0.0100%1h4.8675+1.853%$623K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.8649+1.797%$78.2M$77.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.8680+1.862%$121K$471K5xas long as short
Bulk LIT-USD+0.0100%1h4.7822+0.067%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.8680+1.862%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.8632+1.762%$6.0M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.8680+1.862%$6.9M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.8767+2.044%$683K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.8045+0.535%$294K$304K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7750−0.084%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8615+1.726%$457K$84K10xas long as short
Derive LIT-PERP+0.0100%1h4.8731+1.969%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.8690+1.883%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8705+1.915%$1K$336K5xas long as short
HTX LIT-USDT+0.0100%4h4.8615+1.726%$202K$342K30xas long as short
Extended LIT-USD+0.0104%1h4.8653+1.805%$5.3M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.8700+1.904%$152K3xas long as short
Lighter RH LIT+0.0176%1h4.8693+1.890%$3.7M$13.3M5xas long as short
Hyperliquid LIT+0.0207%1h4.8697+1.898%$219.5M$41.1M5xas long as short
Aster LITUSDT+0.0229%4h4.8729+1.966%$13.0M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0261%1h4.8071+0.587%$9K$217K10xas long as short
BloFin LIT-USDT+0.0340%4h4.8370+1.214%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0429% / S −0.0217%1h4.8718+1.942%$65K50xas long as short
Perpl LIT+0.0447%43m4.8614+1.725%$35K$686K33xas long as short