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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bybit+0.039%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$880.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 7 days−0.075%−$8 · spread now +0.039%, 7d avg +0.018%
Together, before fees−0.038%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.6545−0.0032get 0.0016% / 4h37m 50s$41.0M$28.8M75x
ShortKuCoin LITUSDTM4.6563−0.0012pay 0.0006% / 4h37m 50s$5.2M$1.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$4.27
Price spread: +0.039% → +0.018%
$2.06
Slippage, 4 orders
−$64.94
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$81.6
Costs to cover
0.879%
Break-even
140.7 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 5 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 Bybit live order book, 1 min ago1.07 bp16.5 bp −$1658.7 bp −$587doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago8.90 bp24.1 bp −$24141.2 bp −$1,412doesn'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
01 Exchange LITUSD−0.0520%1h4.6538−0.015%$32K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0393%4h4.6543−0.004%$32K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0288%1h4.6604+0.126%$41K$40K10xas long as short
Bullet LIT-USD−0.0270%1h4.6609+0.137%$83K$68K20xas long as short
Backpack LIT_USDC_PERP−0.0247%1h4.6617+0.155%$658K$1.4M5xas long as short
Gate LIT_USDT−0.0242%4h4.6580+0.075%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848+0.650%$612K$404K50xas long as short
Phemex LITUSDT−0.0124%4h4.6590+0.097%$1.3M$2.8M20xas long as short
Extended LIT-USD−0.0096%1h4.6553+0.018%$5.1M$5.0M25xas long as short
Nado LIT-PERP−0.0053%1h4.6569+0.050%$2.1M$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.6718+0.372%$201K$305K5xas long as short
Bybit LITUSDTlong−0.0032%4h4.6545long leg$41.0M$28.8M75x
KuCoin LITUSDTMshort−0.0012%4h4.6563+0.039%$5.2M$1.0M30x
OKX LIT-USDT-SWAP−0.0003%4h4.6549+0.009%$25.0M$61.1M50xas long as short
dYdX LIT-USD0.0000%1h4.6602+0.122%$33K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6627+0.176%$11K150xas long as short
ApeX Omni LITUSDT+0.0032%1h4.6640+0.204%$56K$76K50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+3.212%$422$178K5.5xas long as short
Polymarket Perps LIT-USD+0.0054%1h4.6618+0.157%$436K$110K10xas long as short
Paradex LIT-USD-PERP+0.0066%8h4.6557+0.026%$6K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.6611+0.143%$777K$2.1M5xas long as short
GRVT LIT_USDT_Perp+0.0074%4h4.6661+0.249%$906K$1.8M10xas long as short
Lighter LIT+0.0096%1h4.6637+0.198%$58.1M$28.6M5xas long as short
Lighter RH LIT+0.0096%1h4.6652+0.230%$3.6M$13.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.6607+0.133%$208.5M$41.9M5xas long as short
Pacifica LIT+0.0100%1h4.6585+0.086%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6550+0.010%$74.4M$79.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6717+0.370%$121K$450K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6564+0.041%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6580+0.075%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6641+0.207%$285K$304K10xas long as short
Derive LIT-PERP+0.0100%1h4.6616+0.153%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6612+0.144%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6600+0.118%$1K$390K5xas long as short
HTX LIT-USDT+0.0100%4h4.6617+0.155%$197K$388K30xas long as short
Bulk LIT-USD+0.0100%1h4.6625+0.172%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6581+0.077%$146K3xas long as short
Aster LITUSDT+0.0181%4h4.6636+0.196%$12.5M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0242%1h4.6677+0.283%$9K$207K10xas long as short
Perpl LIT+0.0335%43m4.6628+0.179%$31K$789K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6557+0.026%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0217%1h4.6627+0.176%$62K50xas long as short