LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.032%

Price spread now: Phemex against KuCoin−0.129%50s7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$131as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1181.179% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.129%, 7d avg −0.055%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Phemex is 0.074% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.055%). Swap the legs. The two prices were read 50 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	4.7982	0.0100	pay 0.0050% / 4h	39m 26s	$5.5M	$938K	30x
Short	Phemex LITUSDT	4.7920	0.0056	get 0.0028% / 4h	39m 26s	$1.4M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.129%Rate

Funding earned: −$9.27
Price spread: −0.129% → −0.055%: −$7.41
Slippage, 4 orders: −$93.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$134.58
Costs to cover: 1.179%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Phemex: live order book, 4 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, 8 min ago	5.53 bp	34.5 bp −$35	407.4 bp −$4,074	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	2.09 bp	26.4 bp −$26	doesn't fit	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	−0.0595%	1h	4.7899	−0.173%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0392%	1h	4.7917	−0.135%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0367%	4h	4.7880	−0.213%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.422%	$605K	$347K	50x	as long as short
Bullet LIT-USD	−0.0261%	1h	4.7933	−0.102%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0149%	4h	4.7952	−0.063%	$25.7M	$59.8M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0102%	4h	4.7990	+0.017%	$892K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0038%	1h	4.7980	−0.004%	$57K	$73K	50x	as long as short
Bybit LITUSDT	−0.0008%	4h	4.7923	−0.123%	$41.7M	$28.0M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7981	−0.002%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7984	+0.005%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.121%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8006	+0.050%	$206K	$293K	5x	as long as short
Phemex LITUSDTshort	+0.0056%	4h	4.7920	−0.129%	$1.4M	$2.7M	20x
RISEx LIT/USDC	+0.0064%	1h	4.7978	−0.008%	$802K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7895	−0.181%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8013	+0.065%	$59.8M	$26.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7944	−0.078%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7988	+0.013%	$771K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7916	−0.138%	$76.8M	$74.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7959	−0.048%	$125K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7931	−0.107%	$119K	$6K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7960	−0.046%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7924	−0.121%	$5.9M	$3.9M	100x	as long as short
KuCoin LITUSDTMlong	+0.0100%	4h	4.7982	long leg	$5.5M	$938K	30x
Bitget LITUSDT	+0.0100%	4h	4.7990	+0.017%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7946	−0.075%	$766K	$945K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7948	−0.072%	$293K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7946	−0.075%	$450K	$82K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7937	−0.094%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7915	−0.140%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7890	−0.192%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8019	+0.077%	$200K	$298K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7902	−0.167%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7917	−0.135%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0152%	1h	4.8029	+0.098%	$3.7M	$12.7M	5x	as long as short
Aster LITUSDT	+0.0190%	4h	4.8029	+0.097%	$12.9M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0250%	1h	4.8028	+0.096%	$216.9M	$38.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0320%	1h	4.7973	−0.019%	$10K	$203K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7946	−0.075%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7968	−0.029%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7970	−0.024%	$32K	$652K	33x	as long as short