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+0.0426%/8h= +46.6% APRnext payment +$2.13 per $10,000 · paid last 24h +0.032%
Price spread now: Bitget against KuCoin+0.199%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1101.104% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.186%−$19 · spread now +0.199%, 7d avg +0.007%
Together, before fees−0.145%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.192% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 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 LITUSDTM4.7276−0.0326get 0.0163% / 4h2h 43m$5.3M$1.1M30x
ShortBitget LITUSDT4.73700.0100get 0.0050% / 4h2h 43m$6.7M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$89.46
Price spread: +0.199% → +0.007%
$19.19
Slippage, 4 orders
−$86.37
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$1.72
Costs to cover
1.104%
Break-even
7.1 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago9.00 bp30.6 bp −$31442.7 bp −$4,427doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago2.12 bp24.2 bp −$2485.6 bp −$856doesn'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−0.0919%1h4.7233−0.091%$42K$40K10xas long as short
01 Exchange LITUSD−0.0656%1h4.7353+0.163%$33K$4K5xas long as short
Gate LIT_USDT−0.0642%4h4.7300+0.051%$2.8M$4.5M50xas long as short
Backpack LIT_USDC_PERP−0.0639%1h4.7284+0.017%$664K$1.5M5xas long as short
Orderly PERP_LIT_USDC−0.0580%4h4.7141−0.286%$32K$2K10xas long as short
Phemex LITUSDT−0.0401%4h4.7230−0.097%$1.3M$2.7M20xas long as short
KuCoin LITUSDTMlong−0.0326%4h4.7276long leg$5.3M$1.1M30x
OKX LIT-USDT-SWAP−0.0306%4h4.7353+0.163%$25.0M$61.0M50xas long as short
GRVT LIT_USDT_Perp−0.0294%4h4.7170−0.224%$888K$1.9M10xas long as short
Bullet LIT-USD−0.0281%1h4.7212−0.135%$85K$81K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0270%4h4.7360+0.178%$42.8M$30.5M75xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7349+0.154%$653K$399K50xas long as short
Nado LIT-PERP−0.0099%1h4.7340+0.135%$2.1M$1.7M10xas long as short
Extended LIT-USD−0.0056%1h4.7317+0.087%$5.2M$5.1M25xas long as short
Phoenix LIT−0.0050%1h4.7209−0.142%$244K$321K5xas long as short
SoDEX LIT-USD−0.0047%1h4.7225−0.108%$979$484K5xas long as short
Paradex LIT-USD-PERP−0.0028%8h4.7286+0.021%$5K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7328+0.110%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7265−0.024%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7364+0.187%$815K$2.0M5xas long as short
MEXC LIT_USDT+0.0030%4h4.7296+0.042%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0030%4h4.7330+0.114%$74.8M$80.9M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.616%$422$178K5.5xas long as short
edgeX LITUSDC+0.0037%4h4.7163−0.239%$287K$312K10xas long as short
Aevo LIT-PERP+0.0048%1h4.7192−0.178%$148K$44K3xas long as short
Bulk LIT-USD+0.0077%1h4.7397+0.256%$119K$7K10xas long as short
Polymarket Perps LIT-USD+0.0087%1h4.7360+0.178%$447K$105K10xas long as short
Lighter LIT+0.0096%1h4.7375+0.209%$59.4M$29.9M5xas long as short
Hyperliquid LIT+0.0100%1h4.7349+0.154%$210.4M$44.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7370+0.198%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7339+0.133%$594K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7313+0.078%$117K$445K5xas long as short
Bitget LITUSDTshort+0.0100%4h4.7370+0.199%$6.7M$2.7M20x
ApeX Omni LITUSDT+0.0100%1h4.7220−0.118%$55K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7253−0.049%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7236−0.085%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7233−0.091%$188K$327K30xas long as short
Perpl LIT+0.0112%43m4.7208−0.144%$31K$844K33xas long as short
BloFin LIT-USDT+0.0131%4h4.7166−0.233%$1.5M$2.0M75xas long as short
Aftermath Perps LITUSD+0.0185%1h4.7341+0.138%$11K$198K10xas long as short
Lighter RH LIT+0.0376%1h4.7389+0.239%$3.7M$14.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0387% / S −0.0190%1h4.7258−0.038%$59K50xas long as short