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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0270%/8h= +29.6% APRnext payment +$1.35 per $10,000 · paid last 24h +0.116%
Price spread now: BloFin against KuCoin−0.036%110s7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.412%+$41 on $10k
Price spread, last 4 days (all we have)−0.071%−$7 · spread now −0.036%, 7d avg −0.071%
Together, before fees+0.341%+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.071%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.76760.0070pay 0.0035% / 4h1h 43m$5.4M$989K30x
ShortBloFin LIT-USDT4.76590.0340get 0.0170% / 4h1h 43m$1.6M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$56.7
Price spread: −0.036% → −0.071%
$3.56
Slippage, 4 orders
−$65.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$28.94
Costs to cover
0.892%
Break-even
10.6 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: 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 KuCoin live order book, 4 min ago5.76 bp38.4 bp −$38505.8 bp −$5,058doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.52 bp11.5 bp −$1226.8 bp −$268doesn'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
Deribit LIT_USDC-PERPETUAL−0.0488%1h4.7647−0.061%$42K$40K10xas long as short
Coinbase International LIT-PERP-INTX−0.0440%1h4.7761+0.179%$605K$352K50xas long as short
Orderly PERP_LIT_USDC−0.0389%4h4.7578−0.206%$33K$1K10xas long as short
01 Exchange LITUSD−0.0264%1h4.7583−0.195%$31K$3K5xas long as short
Bullet LIT-USD−0.0235%1h4.7637−0.082%$85K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0174%4h4.7659−0.036%$25.5M$61.2M50xas long as short
Backpack LIT_USDC_PERP−0.0109%1h4.7654−0.046%$672K$1.1M5xas long as short
GRVT LIT_USDT_Perp−0.0074%4h4.7668−0.018%$880K$2.0M10xas long as short
dYdX LIT-USD0.0000%1h4.7661−0.031%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7680+0.009%$11K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT+0.0033%1h4.7699+0.048%$205K$301K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.763%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0040%1h4.7650−0.055%$57K$73K50xas long as short
KuCoin LITUSDTMlong+0.0070%4h4.7676long leg$5.4M$989K30x
Phemex LITUSDT+0.0070%4h4.7640−0.076%$1.3M$2.8M20xas long as short
Bybit LITUSDT+0.0074%4h4.7650−0.055%$41.3M$28.6M75xas long as short
Paradex LIT-USD-PERP+0.0090%8h4.7593−0.175%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7682+0.013%$59.3M$27.3M5xas long as short
Nado LIT-PERP+0.0100%1h4.7675−0.001%$2.1M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7665−0.023%$619K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7619−0.120%$76.2M$76.7M75xas long as short
Arcus LIT-USD+0.0100%1h4.7637−0.082%$123K$457K5xas long as short
Bulk LIT-USD+0.0100%1h4.7710+0.071%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7670−0.013%$2.8M$4.1M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7623−0.111%$5.8M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7650−0.055%$6.8M$2.5M20xas long as short
edgeX LITUSDC+0.0100%4h4.7649−0.056%$291K$305K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7644−0.067%$447K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7675−0.002%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7654−0.046%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7658−0.038%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.7752+0.159%$198K$321K30xas long as short
Extended LIT-USD+0.0104%1h4.7615−0.129%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7646−0.064%$149K3xas long as short
Perpl LIT+0.0112%43m4.7664−0.026%$31K$677K33xas long as short
RISEx LIT/USDC+0.0148%1h4.7651−0.052%$795K$2.2M5xas long as short
Aftermath Perps LITUSD+0.0184%1h4.7740+0.135%$9K$210K10xas long as short
Aster LITUSDT+0.0214%4h4.7698+0.046%$12.8M$2.0M50xas long as short
Hyperliquid LIT+0.0301%1h4.7729+0.111%$215.3M$40.5M5xas long as short
BloFin LIT-USDTshort+0.0340%4h4.7659−0.036%$1.6M$2.3M75x
Lighter RH LIT+0.0344%1h4.7718+0.088%$3.7M$13.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0424% / S −0.0217%1h4.7671−0.010%$64K50xas long as short