Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.046%

Price spread now: Arcus against KuCoin−0.019%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on KuCoin Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.096%+$10 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.019%, 7d avg +0.023%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.043% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.023%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.6775	−0.0010	get 0.0005% / 4h	1h 38m	$5.2M	$1.1M	30x
Short	Arcus LIT-USD	4.6766	0.0100	get 0.0013% / 1h	38m 41s	$117K	$447K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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 KuCoinbpFee ArcusbpOrdersPrice spread, now −0.019%Rate

Funding earned: $23.1
Price spread: −0.019% → +0.023%: −$4.26
Slippage, 4 orders: −$60.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$58.18
Costs to cover: 0.770%
Break-even: 24.6 days

Slippage from KuCoin: live order book, 4 min ago; Arcus: live order book, 25 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, 4 min ago	6.63 bp	30.6 bp −$31	490.2 bp −$4,902	doesn't fit	doesn't fit
Sell Arcus live order book, 25 min ago	4.90 bp	7.6 bp −$8	9.7 bp −$97	doesn't fit	doesn't fit

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
Orderly PERP_LIT_USDC	−0.0393%	4h	4.6724	−0.109%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0299%	1h	4.6787	+0.025%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.6709	−0.141%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0147%	1h	4.6776	+0.003%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0138%	4h	4.6790	+0.032%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6842	+0.143%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	+0.193%	$658K	$372K	50x	as long as short
KuCoin LITUSDTMlong	−0.0010%	4h	4.6775	long leg	$5.2M	$1.1M	30x
OKX LIT-USDT-SWAP	−0.0008%	4h	4.6755	−0.043%	$25.3M	$61.5M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6798	+0.049%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	+0.0010%	4h	4.6830	+0.117%	$909K	$1.7M	10x	as long as short
dYdX LIT-USD	+0.0012%	1h	4.6791	+0.034%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0016%	4h	4.6750	−0.053%	$1.4M	$2.8M	20x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.704%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0041%	1h	4.6787	+0.026%	$683K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0057%	1h	4.6800	+0.053%	$56K	$77K	50x	as long as short
Paradex LIT-USD-PERP	+0.0068%	8h	4.6762	−0.027%	$7K	$2K	5x	as long as short
Bulk LIT-USD	+0.0089%	1h	4.6805	+0.065%	$117K	$2K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6843	+0.145%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6763	−0.026%	$779K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6716	−0.125%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6857	+0.175%	$209.3M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6781	+0.013%	$580K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6761	−0.030%	$74.3M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6758	−0.036%	$41.4M	$28.5M	75x	as long as short
Arcus LIT-USDshort	+0.0100%	1h	4.6766	−0.019%	$117K	$447K	5x
MEXC LIT_USDT	+0.0100%	4h	4.6774	−0.002%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6820	+0.096%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6742	−0.072%	$285K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6784	+0.019%	$442K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6800	+0.054%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6712	−0.135%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6740	−0.075%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6822	+0.100%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6752	−0.049%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6763	−0.026%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.6868	+0.199%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0179%	4h	4.6844	+0.148%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0256%	1h	4.6814	+0.084%	$9K	$210K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6735	−0.086%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0410% / S −0.0207%	1h	4.6801	+0.056%	$62K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6826	+0.110%	$31K	$827K	33x	as long as short