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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0338%/8h= −37.0% APRpaid last 24h −0.023%
Price spread now: KuCoin against Pacifica−0.037%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$720.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 7 days−0.019%−$2 · spread now −0.037%, 7d avg −0.014%
Together, before fees−0.047%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.023% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LIT4.79240.0100pay 0.0013% / 1h56m 17s$621K$1.6M10x
ShortKuCoin LITUSDTM4.7906−0.0238pay 0.0119% / 4h56m 17s$5.3M$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Pacifica. 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
−$70.98
Price spread: −0.037% → −0.014%
−$2.3
Slippage, 4 orders
−$51.81
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$145.1
Costs to cover
0.718%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; KuCoin: live order book, 2 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 Pacifica live order book, 3 min ago4.18 bp8.7 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago6.70 bp19.6 bp −$20134.1 bp −$1,341doesn'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
Gate LIT_USDT−0.1052%4h4.7930+0.013%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0707%1h4.7903−0.044%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0621%4h4.7855−0.143%$33K$2K10xas long as short
Phemex LITUSDT−0.0478%4h4.7910−0.029%$1.4M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0453%4h4.7912−0.024%$26.0M$64.3M50xas long as short
01 Exchange LITUSD−0.0416%1h4.7888−0.075%$33K$4K5xas long as short
Bullet LIT-USD−0.0331%1h4.7913−0.023%$86K$81K20xas long as short
KuCoin LITUSDTMshort−0.0238%4h4.7906−0.037%$5.3M$1.1M30x
Bybit LITUSDT−0.0202%4h4.7913−0.022%$43.2M$30.1M75xas long as short
Aftermath Perps LITUSD−0.0122%1h4.7737−0.390%$13K$203K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0120%4h4.7610−0.655%$907K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0120%1h4.7929+0.012%$678K$405K50xas long as short
Phoenix LIT−0.0034%1h4.7829−0.198%$208K$353K5xas long as short
dYdX LIT-USD0.0000%1h4.7913−0.023%$34K5xas long as short
Perpl LIT0.0000%43m4.7923−0.001%$32K$840K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7952+0.059%$35K150xas long as short
Paradex LIT-USD-PERP+0.0006%8h4.7871−0.109%$7K$2K5xas long as short
RISEx LIT/USDC+0.0012%1h4.7938+0.030%$823K$2.1M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.243%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0060%4h4.7899−0.052%$5.7M$4.1M100xas long as short
edgeX LITUSDC+0.0061%4h4.7594−0.688%$290K$309K10xas long as short
Binance LITUSDT+0.0063%4h4.7897−0.056%$76.2M$81.3M75xas long as short
Aevo LIT-PERP+0.0072%1h4.7890−0.069%$150K$44K3xas long as short
Lighter LIT+0.0096%1h4.7983+0.124%$60.4M$29.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7907−0.036%$2.2M$1.7M10xas long as short
Aster LITUSDT+0.0100%4h4.7988+0.134%$12.8M$2.4M50xas long as short
Pacifica LITlong+0.0100%1h4.7924long leg$621K$1.6M10x
Arcus LIT-USD+0.0100%1h4.7935+0.024%$119K$452K5xas long as short
Bulk LIT-USD+0.0100%1h4.7566−0.746%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7940+0.034%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7957+0.069%$674K$1.4M5xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7730−0.404%$56K$77K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7936+0.026%$453K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7950+0.055%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7919−0.010%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7920−0.008%$1K$466K5xas long as short
HTX LIT-USDT+0.0100%4h4.7814−0.229%$191K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7908−0.033%$5.3M$5.1M25xas long as short
Lighter RH LIT+0.0112%1h4.7992+0.142%$3.7M$13.8M5xas long as short
BloFin LIT-USDT+0.0248%4h4.7802−0.254%$1.6M$2.1M75xas long as short
Hyperliquid LIT+0.0300%1h4.8017+0.195%$215.2M$44.8M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0379% / S −0.0169%1h4.7954+0.062%$63K50xas long as short