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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0158%/8h= −17.3% APRnext payment $0.79 per $10,000 · paid last 24h +0.018%
Price spread now: GRVT against KuCoin−0.574%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1071.071% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.351%−$35 on $10k
Price spread, last 7 days+0.598%+$60 · spread now −0.574%, 7d avg −0.087%
Together, before fees+0.247%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.487% cheaper against KuCoin than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of −0.087%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.86450.0048pay 0.0024% / 4h2h 17m$5.5M$1.0M30x
ShortGRVT LIT_USDT_Perp4.8366−0.0110pay 0.0055% / 4h2h 17m$902K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$33.18
Price spread: −0.574% → −0.087%
−$48.7
Slippage, 4 orders
−$86.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$188.96
Costs to cover
1.071%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; GRVT: live order book, 1 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, 5 min ago7.20 bp33.2 bp −$33489.8 bp −$4,898doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago2.05 bp26.9 bp −$27doesn'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
Coinbase International LIT-PERP-INTX−0.0448%1h4.8470−0.359%$613K$370K50xas long as short
Orderly PERP_LIT_USDC−0.0354%4h4.8660+0.031%$33K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0238%1h4.8713+0.140%$43K$40K10xas long as short
01 Exchange LITUSD−0.0208%1h4.8621−0.049%$32K$4K5xas long as short
Bullet LIT-USD−0.0166%1h4.8669+0.049%$87K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0143%4h4.8597−0.099%$26.2M$62.9M50xas long as short
Phemex LITUSDT−0.0140%4h4.8690+0.093%$1.4M$2.8M20xas long as short
GRVT LIT_USDT_Perpshort−0.0110%4h4.8366−0.574%$902K$1.9M10x
Phoenix LIT−0.0017%1h4.8141−1.036%$207K$283K5xas long as short
RISEx LIT/USDC−0.0012%1h4.8652+0.014%$845K$2.2M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.8640−0.010%$35K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.8711+0.135%$12K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040−1.244%$422$178K5.5xas long as short
KuCoin LITUSDTMlong+0.0048%4h4.8645long leg$5.5M$1.0M30x
Bybit LITUSDT+0.0072%4h4.8604−0.084%$42.2M$28.8M75xas long as short
Paradex LIT-USD-PERP+0.0094%8h4.8620−0.052%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.8641−0.008%$60.6M$28.3M5xas long as short
Nado LIT-PERP+0.0100%1h4.8595−0.102%$2.2M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.8675+0.063%$623K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.8597−0.099%$78.1M$77.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.8680+0.072%$121K$471K5xas long as short
Bulk LIT-USD+0.0100%1h4.7822−1.691%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.8660+0.031%$2.8M$4.3M50xas long as short
MEXC LIT_USDT+0.0100%4h4.8632−0.027%$6.0M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.8660+0.031%$6.9M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.8767+0.251%$683K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.8045−1.232%$294K$304K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.8420−0.463%$58K$75K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8607−0.078%$456K$84K10xas long as short
Derive LIT-PERP+0.0100%1h4.8731+0.176%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.8690+0.093%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8705+0.123%$1K$336K5xas long as short
HTX LIT-USDT+0.0100%4h4.8615−0.062%$202K$342K30xas long as short
Extended LIT-USD+0.0104%1h4.8637−0.016%$5.3M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.8700+0.113%$152K3xas long as short
Lighter RH LIT+0.0176%1h4.8693+0.099%$3.7M$13.3M5xas long as short
Hyperliquid LIT+0.0207%1h4.8697+0.107%$219.5M$41.1M5xas long as short
Aster LITUSDT+0.0229%4h4.8721+0.157%$13.0M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0261%1h4.8071−1.181%$9K$217K10xas long as short
BloFin LIT-USDT+0.0340%4h4.8370−0.565%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0429% / S −0.0217%1h4.8718+0.151%$65K50xas long as short
Perpl LIT+0.0447%43m4.8614−0.063%$35K$686K33xas long as short