Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.037%

Price spread now: KuCoin against SoDEX+0.066%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$920.916% of the position

Long on SoDEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.087%−$9 on $10k

Price spread, last 3 days (all we have)−0.001%$0 · spread now +0.066%, 7d avg +0.033%

Together, before fees−0.088%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.033% dearer against SoDEX than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.033%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 3 days (−0.087% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX LIT-USD	4.7025	0.0100	pay 0.0013% / 1h	46m 56s	$1K	$457K	5x
Short	KuCoin LITUSDTM	4.7056	−0.0136	pay 0.0068% / 4h	2h 46m	$5.2M	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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 SoDEXbpFee KuCoinbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$49.56
Price spread: +0.066% → +0.033%: $3.28
Slippage, 4 orders: −$71.58
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$137.85
Costs to cover: 0.916%
Break-even: never at this rate

Slippage from SoDEX: live order book, 22 min ago; KuCoin: live order book, 6 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 SoDEX live order book, 22 min ago	0.10 bp	19.8 bp −$20	49.1 bp −$491	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	5.21 bp	28.5 bp −$29	133.9 bp −$1,339	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	−0.0647%	1h	4.7015	−0.022%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.6949	−0.162%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0467%	4h	4.6953	−0.153%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0392%	1h	4.7008	−0.037%	$84K	$72K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0214%	1h	4.7082	+0.121%	$682K	$1.4M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0173%	4h	4.7090	+0.138%	$25.6M	$63.9M	50x	as long as short
Gate LIT_USDT	−0.0170%	4h	4.7080	+0.117%	$2.8M	$4.2M	50x	as long as short
KuCoin LITUSDTMshort	−0.0136%	4h	4.7056	+0.066%	$5.2M	$1.1M	30x
GRVT LIT_USDT_Perp	−0.0122%	4h	4.7120	+0.202%	$895K	$1.8M	10x	as long as short
Phoenix LIT	−0.0102%	1h	4.7162	+0.291%	$203K	$352K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	+0.391%	$668K	$387K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7022	−0.005%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7048	+0.049%	$471	—	150x	as long as short
Bulk LIT-USD	+0.0028%	1h	4.6991	−0.072%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.158%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0043%	8h	4.6967	−0.122%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7035	+0.020%	$784K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7096	+0.151%	$59.0M	$29.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6975	−0.106%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7159	+0.285%	$211.3M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7089	+0.137%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7024	−0.002%	$583K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7051	+0.056%	$75.2M	$80.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7063	+0.081%	$42.3M	$29.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7004	−0.045%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7050	+0.053%	$5.5M	$4.0M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7110	+0.181%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7154	+0.274%	$287K	$306K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7150	+0.266%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6997	−0.060%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7041	+0.033%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7031	+0.013%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USDlong	+0.0100%	1h	4.7025	long leg	$1K	$457K	5x
HTX LIT-USDT	+0.0100%	4h	4.7032	+0.015%	$188K	$354K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7010	−0.032%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7043	+0.038%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6987	−0.080%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7113	+0.187%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0339%	1h	4.7101	+0.162%	$9K	$209K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7139	+0.242%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0402% / S −0.0195%	1h	4.7045	+0.042%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7034	+0.020%	$31K	$861K	33x	as long as short