LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.035%

Price spread now: KuCoin against Phemex+0.062%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1191.191% of the position

Long on Phemex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 4 days (all we have)+0.175%+$17 · spread now +0.062%, 7d avg +0.049%

Together, before fees+0.300%+$30 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex LITUSDT	4.6930	0.0012	pay 0.0006% / 4h	1h 33m	$1.4M	$2.8M	20x
Short	KuCoin LITUSDTM	4.6959	0.0008	get 0.0004% / 4h	1h 33m	$5.2M	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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 PhemexbpFee KuCoinbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$0.94
Price spread: +0.062% → +0.049%: $1.24
Slippage, 4 orders: −$95.08
Fee Phemex: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$118.78
Costs to cover: 1.191%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; KuCoin: 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 Phemex live order book, 5 min ago	3.21 bp	29.5 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	5.02 bp	32.0 bp −$32	150.2 bp −$1,502	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
Orderly PERP_LIT_USDC	−0.0387%	4h	4.6887	−0.092%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0278%	1h	4.6940	+0.021%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.6939	+0.019%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0125%	1h	4.6952	+0.046%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0124%	4h	4.6990	+0.128%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6850	−0.170%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6954	+0.052%	$659K	$373K	50x	as long as short
ApeX Omni LITUSDT	+0.0002%	1h	4.6780	−0.320%	$56K	$76K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6967	+0.078%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0003%	4h	4.6885	−0.096%	$25.3M	$61.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTMshort	+0.0008%	4h	4.6959	+0.062%	$5.2M	$1.1M	30x
dYdX LIT-USD	+0.0009%	1h	4.6991	+0.129%	$34K	—	5x	as long as short
Phemex LITUSDTlong	+0.0012%	4h	4.6930	long leg	$1.4M	$2.8M	20x
GRVT LIT_USDT_Perp	+0.0026%	4h	4.6810	−0.256%	$908K	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.365%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.6861	−0.146%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6983	+0.113%	$58.6M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6953	+0.050%	$783K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6910	−0.043%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6999	+0.147%	$209.9M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6922	−0.017%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6896	−0.072%	$74.6M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6882	−0.102%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6924	−0.013%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.211%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6917	−0.028%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6970	+0.085%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.6990	+0.128%	$686K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6771	−0.339%	$285K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6946	+0.034%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6966	+0.077%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6913	−0.036%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6958	+0.060%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7001	+0.151%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6942	+0.025%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6874	−0.120%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0136%	1h	4.7010	+0.170%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0197%	4h	4.7033	+0.219%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0246%	1h	4.6848	−0.175%	$9K	$207K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6913	−0.036%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0412% / S −0.0208%	1h	4.6969	+0.084%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6962	+0.069%	$31K	$826K	33x	as long as short