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

LIT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0268%/8h= +29.3% APRpaid last 24h +0.045%
Price spread now: Arcus against KuCoin−0.021%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.084%+$8 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.021%, 7d avg +0.024%
Together, before fees+0.146%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.024%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.084% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.084% in total (about 9.0% 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
LongKuCoin LITUSDTM4.7206−0.0168get 0.0084% / 4h3h 50m$5.2M$1.1M30x
ShortArcus LIT-USD4.71960.0100get 0.0013% / 1h50m 31s$117K$455K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against KuCoin. 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
$56.28
Price spread: −0.021% → +0.024%
−$4.49
Slippage, 4 orders
−$47.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$12.15
Costs to cover
0.639%
Break-even
8.5 days
Slippage from KuCoin: live order book, 7 min ago; Arcus: live order book, 23 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 KuCoin live order book, 7 min ago6.88 bp22.9 bp −$23419.4 bp −$4,194doesn't fitdoesn't fit
Sell Arcus live order book, 23 min ago5.61 bp8.2 bp −$810.5 bp −$105doesn'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−0.0760%4h4.7220+0.030%$2.8M$4.4M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0718%1h4.7164−0.089%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0527%4h4.7111−0.201%$32K$2K10xas long as short
ApeX Omni LITUSDT−0.0508%1h4.7130−0.161%$55K$77K50xas long as short
01 Exchange LITUSD−0.0480%1h4.7179−0.057%$33K$4K5xas long as short
Bullet LIT-USD−0.0303%1h4.7168−0.081%$84K$77K20xas long as short
OKX LIT-USDT-SWAP−0.0294%4h4.7208+0.004%$25.6M$63.7M50xas long as short
KuCoin LITUSDTMlong−0.0168%4h4.7206long leg$5.2M$1.1M30x
Backpack LIT_USDC_PERP−0.0099%1h4.7165−0.087%$679K$1.4M5xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7414+0.440%$670K$402K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITUSDT−0.0047%4h4.7160−0.097%$1.4M$2.7M20xas long as short
GRVT LIT_USDT_Perp−0.0042%4h4.7160−0.097%$903K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7174−0.068%$204K$361K5xas long as short
dYdX LIT-USD0.0000%1h4.7193−0.028%$34K5xas long as short
Perpl LIT0.0000%43m4.7220+0.029%$31K$860K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7211+0.011%$35K150xas long as short
Paradex LIT-USD-PERP+0.0033%8h4.7169−0.079%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.767%$422$178K5.5xas long as short
Nado LIT-PERP+0.0066%1h4.7175−0.066%$2.2M$1.7M10xas long as short
Lighter LIT+0.0096%1h4.7227+0.044%$59.0M$29.4M5xas long as short
Aster LITUSDT+0.0100%4h4.7233+0.057%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7203−0.007%$586K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7169−0.078%$75.2M$81.6M75xas long as short
Bybit LITUSDT+0.0100%4h4.7190−0.034%$42.5M$30.3M75xas long as short
Arcus LIT-USDshort+0.0100%1h4.7196−0.021%$117K$455K5x
Bulk LIT-USD+0.0100%1h4.7190−0.034%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7149−0.121%$5.6M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7210+0.008%$6.7M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7133−0.155%$287K$310K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7205−0.002%$446K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7195−0.024%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7127−0.167%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7182−0.051%$996$471K5xas long as short
HTX LIT-USDT+0.0100%4h4.7200−0.013%$188K$347K30xas long as short
Hyperliquid LIT+0.0103%1h4.7271+0.138%$212.0M$44.8M5xas long as short
Lighter RH LIT+0.0104%1h4.7246+0.085%$3.7M$13.6M5xas long as short
Extended LIT-USD+0.0104%1h4.7185−0.044%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7264+0.124%$148K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7228+0.046%$796K$2.0M5xas long as short
Aftermath Perps LITUSD+0.0274%1h4.7240+0.071%$12K$203K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7121−0.180%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0382% / S −0.0174%1h4.7204−0.004%$62K50xas long as short