Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0501%/8h= +54.8% APRpaid last 24h +0.166%

Price spread now: KuCoin against Deribit−0.022%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.022% cheaper against Deribit than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7324	−0.0639	get 0.0080% / 1h	18m 18s	$42K	$40K	10x
Short	KuCoin LITUSDTM	4.7314	−0.0138	pay 0.0069% / 4h	2h 18m	$5.3M	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Deribit. 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 DeribitbpFee KuCoinbpOrdersPrice spread, now −0.022%Rate

Funding earned: $105.17
Price spread: −0.022% → 0.000%: −$2.16
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $84.02
Costs to cover: 0.190%
Break-even: 1.4 days

Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	4.53 bp	25.1 bp −$25	143.1 bp −$1,431	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 41 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-PERPETUALlong	−0.0639%	1h	4.7324	long leg	$42K	$40K	10x
01 Exchange LITUSD	−0.0616%	1h	4.7251	−0.155%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0461%	4h	4.7267	−0.121%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0437%	1h	4.7330	+0.012%	$85K	$72K	20x	as long as short
Phemex LITUSDT	−0.0197%	4h	4.7320	−0.009%	$1.4M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	−0.0188%	1h	4.7300	−0.051%	$56K	$77K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0172%	4h	4.7370	+0.097%	$900K	$1.8M	10x	as long as short
KuCoin LITUSDTMshort	−0.0138%	4h	4.7314	−0.022%	$5.3M	$1.1M	30x
OKX LIT-USDT-SWAP	−0.0129%	4h	4.7342	+0.038%	$25.7M	$63.6M	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.7434	+0.232%	$205K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7477	+0.323%	$672K	$373K	50x	as long as short
Bulk LIT-USD	−0.0039%	1h	4.7299	−0.053%	$118K	$1K	10x	as long as short
Gate LIT_USDT	−0.0036%	4h	4.7340	+0.033%	$2.8M	$4.3M	50x	as long as short
Bybit LITUSDT	−0.0015%	4h	4.7310	−0.030%	$42.2M	$29.1M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7411	+0.184%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7368	+0.092%	$474	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7349	+0.053%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.513%	$422	$178K	5.5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7333	+0.019%	$794K	$2.0M	5x	as long as short
SoDEX LIT-USD	+0.0091%	1h	4.7335	+0.023%	$1K	$441K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7440	+0.245%	$59.4M	$29.6M	5x	as long as short
MEXC LIT_USDT	+0.0096%	4h	4.7302	−0.047%	$5.5M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0097%	4h	4.7317	−0.015%	$75.4M	$80.1M	75x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7310	−0.030%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7373	+0.103%	$212.0M	$42.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7367	+0.090%	$588K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7337	+0.027%	$117K	$448K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7340	+0.033%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7376	+0.109%	$687K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7333	+0.018%	$288K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7312	−0.026%	$447K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7356	+0.068%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7349	+0.052%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7334	+0.021%	$189K	$352K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7298	−0.056%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7336	+0.025%	$148K	—	3x	as long as short
Aster LITUSDT	+0.0106%	4h	4.7398	+0.156%	$12.7M	$2.1M	50x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7442	+0.249%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0254%	1h	4.7366	+0.088%	$10K	$210K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0406% / S −0.0199%	1h	4.7366	+0.088%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7358	+0.071%	$31K	$851K	33x	as long as short