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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.47 per $10,000 · paid last 24h +0.046%
Price spread now: edgeX against KuCoin−0.234%113s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.797% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.234%, 7d avg +0.005%
Together, before fees+0.303%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.238% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of +0.005%). If the spread goes back, that is −$24 on $10k: about 8.5 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.001% in total) that is about years. 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
LongKuCoin LITUSDTM4.68510.0006pay 0.0003% / 4h1h 35m$5.2M$1.1M30x
ShortedgeX LITUSDC4.67420.0100get 0.0050% / 4h1h 35m$285K$304K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$19.74
Price spread: −0.234% → +0.005%
−$23.85
Slippage, 4 orders
−$58.74
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$83.85
Costs to cover
0.797%
Break-even
36.7 days
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 27 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, 2 min ago5.02 bp26.5 bp −$27487.8 bp −$4,878doesn't fitdoesn't fit
Sell edgeX live order book, 27 min ago5.22 bp10.6 bp −$11doesn't fitdoesn'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
Orderly PERP_LIT_USDC−0.0388%4h4.6815−0.077%$32K$1K10xas long as short
Bullet LIT-USD−0.0283%1h4.6850−0.003%$84K$68K20xas long as short
01 Exchange LITUSD−0.0280%1h4.6811−0.085%$33K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0142%1h4.6864+0.027%$41K$40K10xas long as short
Gate LIT_USDT−0.0128%4h4.6900+0.105%$2.7M$4.2M50xas long as short
Phoenix LIT−0.0085%1h4.6842−0.019%$201K$341K5xas long as short
ApeX Omni LITUSDT−0.0027%1h4.6710−0.301%$56K$76K50xas long as short
Coinbase International LIT-PERP-INTX−0.0024%1h4.6865+0.031%$658K$372K50xas long as short
OKX LIT-USDT-SWAP−0.0004%4h4.6867+0.034%$25.3M$61.6M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6887+0.077%$11K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTMlong+0.0006%4h4.6851long leg$5.2M$1.1M30x
dYdX LIT-USD+0.0010%1h4.6881+0.064%$34K5xas long as short
Phemex LITUSDT+0.0019%4h4.6850−0.002%$1.4M$2.8M20xas long as short
GRVT LIT_USDT_Perp+0.0020%4h4.6750−0.216%$907K$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.538%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0069%8h4.6845−0.013%$7K$2K5xas long as short
Backpack LIT_USDC_PERP+0.0078%1h4.6925+0.158%$685K$1.4M5xas long as short
Bulk LIT-USD+0.0089%1h4.6805−0.097%$117K$2K10xas long as short
Lighter LIT+0.0096%1h4.6898+0.100%$58.5M$28.6M5xas long as short
RISEx LIT/USDC+0.0099%1h4.6879+0.061%$781K$2.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.6840−0.023%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6910+0.126%$209.5M$41.0M5xas long as short
Pacifica LIT+0.0100%1h4.6857+0.013%$581K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6836−0.032%$74.5M$78.6M75xas long as short
Bybit LITUSDT+0.0100%4h4.6852+0.002%$41.5M$28.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6871+0.043%$117K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6857+0.013%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6880+0.062%$6.7M$2.6M20xas long as short
edgeX LITUSDCshort+0.0100%4h4.6742−0.234%$285K$304K10x
Polymarket Perps LIT-USD+0.0100%1h4.6857+0.013%$443K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6892+0.087%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6792−0.126%$5K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6875+0.051%$1K$416K5xas long as short
HTX LIT-USDT+0.0100%4h4.6935+0.179%$194K$379K30xas long as short
Extended LIT-USD+0.0104%1h4.6867+0.034%$5.2M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6847−0.008%$146K3xas long as short
Lighter RH LIT+0.0144%1h4.6914+0.134%$3.7M$13.1M5xas long as short
Aster LITUSDT+0.0188%4h4.6947+0.204%$12.6M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0249%1h4.6808−0.093%$9K$207K10xas long as short
BloFin LIT-USDT+0.0340%4h4.6801−0.107%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0411% / S −0.0208%1h4.6890+0.083%$63K50xas long as short
Perpl LIT+0.0447%43m4.6882+0.066%$31K$827K33xas long as short