Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0281%/8h= +30.7% APRpaid last 24h +0.027%

Price spread now: Paradex against KuCoin−0.158%47s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.158% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.158% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 45 hours of funding at the current rate (+$8 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.6938	−0.0282	get 0.0141% / 4h	1h 20m	$5.2M	$1.1M	30x
Short	Paradex LIT-USD-PERP	4.6864	−0.0001	pay 0.0001% / 8h	1h 20m	$7K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.158%Rate

Funding earned: $58.93
Price spread: −0.158% → 0.000%: −$15.77
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: $27.16
Costs to cover: 0.160%
Break-even: 3.8 days

Slippage unknown: KuCoin: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

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	5.97 bp	23.5 bp −$23	420.6 bp −$4,206	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate LIT_USDT	−0.1284%	4h	4.6920	−0.038%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0836%	1h	4.6922	−0.034%	$659K	$1.4M	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0830%	1h	4.6880	−0.123%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0626%	4h	4.6829	−0.232%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.6852	−0.183%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0519%	4h	4.6900	−0.081%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0466%	4h	4.6874	−0.136%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0327%	1h	4.6868	−0.149%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0307%	4h	4.6890	−0.102%	$42.3M	$30.1M	75x	as long as short
KuCoin LITUSDTMlong	−0.0282%	4h	4.6938	long leg	$5.2M	$1.1M	30x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0214%	1h	4.6997	+0.126%	$10K	$201K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0162%	4h	4.7040	+0.217%	$899K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	+0.552%	$668K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.6944	+0.012%	$783K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0048%	1h	4.6878	−0.127%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7054	+0.247%	$243K	$327K	5x	as long as short
Paradex LIT-USD-PERPshort	−0.0001%	8h	4.6864	−0.158%	$7K	$2K	5x
dYdX LIT-USD	0.0000%	1h	4.6923	−0.031%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.6931	−0.015%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.348%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0055%	4h	4.6848	−0.191%	$74.4M	$80.9M	75x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7028	+0.191%	$286K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.6863	−0.160%	$5.5M	$4.2M	100x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.6860	−0.166%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.6953	+0.032%	$59.1M	$29.8M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6975	+0.079%	$209.7M	$44.2M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.6956	+0.038%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.6927	−0.024%	$577K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6915	−0.049%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6948	+0.022%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6910	−0.060%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7050	+0.239%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6900	−0.081%	$443K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6937	−0.001%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6896	−0.089%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6885	−0.113%	$987	$464K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6976	+0.081%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6866	−0.153%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0224%	1h	4.6969	+0.066%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0228%	4h	4.6867	−0.151%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.6930	−0.017%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0374% / S −0.0169%	1h	4.6916	−0.047%	$62K	—	50x	as long as short