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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0334%/8h= +36.6% APRnext payment +$1.67 per $10,000 · paid last 24h +0.032%
Price spread now: Binance against KuCoin+0.047%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$770.774% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 7 days−0.024%−$2 · spread now +0.047%, 7d avg −0.033%
Together, before fees−0.036%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.080% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.7485−0.0304get 0.0152% / 4h2h 31m$5.3M$1.1M30x
ShortBinance LITUSDT4.75070.0030get 0.0015% / 4h2h 31m$75.1M$81.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$70.17
Price spread: +0.047% → −0.033%
$8.02
Slippage, 4 orders
−$55.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$0.82
Costs to cover
0.774%
Break-even
6.9 days
Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 11 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 KuCoin live order book, 1 min ago8.56 bp21.5 bp −$22410.1 bp −$4,101doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.32 bp16.0 bp −$1640.5 bp −$405doesn'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−0.1075%1h4.7393−0.193%$42K$40K10xas long as short
Gate LIT_USDT−0.0708%4h4.7530+0.095%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0595%4h4.7331−0.324%$32K$2K10xas long as short
01 Exchange LITUSD−0.0584%1h4.7285−0.421%$33K$4K5xas long as short
Backpack LIT_USDC_PERP−0.0454%1h4.7397−0.185%$666K$1.5M5xas long as short
Phemex LITUSDT−0.0440%4h4.7380−0.221%$1.3M$2.7M20xas long as short
Bullet LIT-USD−0.0388%1h4.7397−0.184%$85K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0305%4h4.7477−0.017%$25.0M$61.5M50xas long as short
KuCoin LITUSDTMlong−0.0304%4h4.7485long leg$5.3M$1.1M30x
GRVT LIT_USDT_Perp−0.0304%4h4.7340−0.306%$891K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0283%4h4.7512+0.057%$43.1M$30.5M75xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7487+0.003%$657K$402K50xas long as short
Phoenix LIT−0.0050%1h4.7438−0.099%$246K$321K5xas long as short
Extended LIT-USD−0.0040%1h4.7540+0.115%$5.2M$5.1M25xas long as short
SoDEX LIT-USD−0.0037%1h4.7385−0.211%$989$487K5xas long as short
Paradex LIT-USD-PERP−0.0031%8h4.7295−0.401%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7355−0.273%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7425−0.127%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7363−0.256%$815K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0016%1h4.7316−0.356%$447K$105K10xas long as short
Bulk LIT-USD+0.0018%1h4.7345−0.294%$119K$6K10xas long as short
MEXC LIT_USDT+0.0026%4h4.7553+0.143%$5.9M$4.2M100xas long as short
edgeX LITUSDC+0.0029%4h4.7317−0.355%$288K$311K10xas long as short
Binance LITUSDTshort+0.0030%4h4.7507+0.047%$75.1M$81.1M75x
Injective LIT/USDC PERP+0.0033%1h4.8040+1.169%$422$178K5.5xas long as short
Aevo LIT-PERP+0.0040%1h4.7373−0.235%$148K$44K3xas long as short
Nado LIT-PERP+0.0055%1h4.7311−0.365%$2.1M$1.7M10xas long as short
Lighter LIT+0.0096%1h4.7457−0.059%$59.5M$30.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7402−0.174%$210.6M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7435−0.105%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7365−0.253%$585K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7334−0.318%$117K$447K5xas long as short
Bitget LITUSDT+0.0100%4h4.7540+0.116%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7400−0.179%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7432−0.113%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7437−0.101%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7391−0.198%$190K$329K30xas long as short
BloFin LIT-USDT+0.0106%4h4.7380−0.221%$1.5M$2.0M75xas long as short
Perpl LIT+0.0112%43m4.7369−0.245%$31K$841K33xas long as short
Aftermath Perps LITUSD+0.0198%1h4.7404−0.170%$12K$199K10xas long as short
Lighter RH LIT+0.0336%1h4.7466−0.040%$3.7M$14.2M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7437−0.102%$59K50xas long as short