Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h −0.008%

Price spread now: Coinbase International against KuCoin+0.299%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$178as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$880.882% of the position

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.901%−$90 on $10k

Price spread, last 3 days (all we have)+0.310%+$31 · spread now +0.299%, 7d avg +0.095%

Together, before fees−0.592%−$59 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.204% dearer against KuCoin than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.095%. Mind the row above: over the last 7 days funding on this pair cost −0.901%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.7579	−0.0304	get 0.0152% / 4h	2h 25m	$5.3M	$1.1M	30x
Short	Coinbase International LIT-PERP-INTX	4.7721	−0.0152	pay 0.0019% / 1h	25m 32s	$660K	$404K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.299%Rate

Funding earned: $31.92
Price spread: +0.299% → +0.095%: $20.39
Slippage, 4 orders: −$66.21
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$35.9
Costs to cover: 0.882%
Break-even: 14.9 days

Slippage from KuCoin: live order book, 2 min ago; Coinbase International: live order book, 62 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, 2 min ago	9.56 bp	24.7 bp −$25	427.5 bp −$4,275	doesn't fit	doesn't fit
Sell Coinbase International live order book, 62 min ago	7.23 bp	18.2 bp −$18	44.3 bp −$443	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
Deribit LIT_USDC-PERPETUAL	−0.0831%	1h	4.7574	−0.011%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0696%	4h	4.7520	−0.124%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0607%	4h	4.7525	−0.113%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0570%	4h	4.7550	−0.061%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7476	−0.216%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0374%	1h	4.7569	−0.021%	$668K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0363%	1h	4.7554	−0.053%	$86K	$81K	20x	as long as short
Bybit LITUSDT	−0.0341%	4h	4.7520	−0.124%	$43.0M	$30.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0312%	4h	4.7528	−0.107%	$25.0M	$61.9M	50x	as long as short
KuCoin LITUSDTMlong	−0.0304%	4h	4.7579	long leg	$5.3M	$1.1M	30x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0298%	4h	4.7580	+0.002%	$908K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0152%	1h	4.7721	+0.299%	$660K	$404K	50x
Phoenix LIT	−0.0050%	1h	4.7537	−0.088%	$247K	$321K	5x	as long as short
Extended LIT-USD	−0.0024%	1h	4.7500	−0.166%	$5.3M	$5.1M	25x	as long as short
Paradex LIT-USD-PERP	−0.0021%	8h	4.7500	−0.166%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7558	−0.044%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7622	+0.090%	$35K	—	150x	as long as short
SoDEX LIT-USD	+0.0006%	1h	4.7559	−0.042%	$1K	$487K	5x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7552	−0.057%	$818K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0021%	1h	4.7535	−0.092%	$2.1M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0032%	1h	4.7557	−0.046%	$449K	$105K	10x	as long as short
MEXC LIT_USDT	+0.0032%	4h	4.7498	−0.170%	$5.8M	$4.2M	100x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.969%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0033%	4h	4.7572	−0.015%	$289K	$310K	10x	as long as short
Binance LITUSDT	+0.0035%	4h	4.7501	−0.164%	$75.1M	$81.2M	75x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.210%	$119K	$6K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7573	−0.012%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7592	+0.027%	$59.6M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7564	−0.032%	$211.3M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7566	−0.027%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7544	−0.074%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7531	−0.101%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7550	−0.061%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7580	+0.002%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7607	+0.060%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7601	+0.046%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7590	+0.023%	$190K	$329K	30x	as long as short
Aftermath Perps LITUSD	+0.0103%	1h	4.7525	−0.113%	$12K	$199K	10x	as long as short
Perpl LIT	+0.0112%	43m	4.7602	+0.049%	$31K	$838K	33x	as long as short
BloFin LIT-USDT	+0.0136%	4h	4.7567	−0.025%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0358% / S −0.0155%	1h	4.7601	+0.046%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0384%	1h	4.7610	+0.065%	$3.7M	$14.2M	5x	as long as short