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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0300%/8h= +32.9% APRnext payment +$1.50 per $10,000 · paid last 24h +0.032%
Price spread now: edgeX against KuCoin+0.169%68s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 3 days (all we have)−0.127%−$13 · spread now +0.169%, 7d avg −0.002%
Together, before fees−0.139%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.171% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.7569−0.0226get 0.0113% / 4h38m 21s$5.3M$1.1M30x
ShortedgeX LITUSDC4.76490.0074get 0.0037% / 4h38m 21s$290K$310K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$63
Price spread: +0.169% → −0.002%
$17.14
Slippage, 4 orders
−$49.67
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$9.47
Costs to cover
0.707%
Break-even
5.9 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 40 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 ago7.46 bp24.8 bp −$25410.4 bp −$4,104doesn't fitdoesn't fit
Sell edgeX live order book, 40 min ago5.23 bp10.7 bp −$11doesn't fitdoesn'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−0.0900%4h4.7500−0.145%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0792%1h4.7453−0.244%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0603%4h4.7417−0.320%$32K$2K10xas long as short
01 Exchange LITUSD−0.0568%1h4.7461−0.227%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0436%4h4.7457−0.235%$25.8M$63.8M50xas long as short
Phemex LITUSDT−0.0414%4h4.7510−0.124%$1.4M$2.7M20xas long as short
Bullet LIT-USD−0.0323%1h4.7469−0.210%$85K$81K20xas long as short
KuCoin LITUSDTMlong−0.0226%4h4.7569long leg$5.3M$1.1M30x
Coinbase International LIT-PERP-INTX−0.0120%1h4.7608+0.083%$673K$402K50xas long as short
GRVT LIT_USDT_Perp−0.0116%4h4.7685+0.245%$906K$1.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0104%4h4.7460−0.229%$42.8M$30.0M75xas long as short
Phoenix LIT−0.0050%1h4.7618+0.103%$207K$353K5xas long as short
dYdX LIT-USD0.0000%1h4.7574+0.011%$34K5xas long as short
Perpl LIT0.0000%43m4.7540−0.062%$31K$840K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7510−0.123%$35K150xas long as short
RISEx LIT/USDC+0.0012%1h4.7567−0.003%$818K$2.1M5xas long as short
Paradex LIT-USD-PERP+0.0015%8h4.7511−0.123%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.990%$422$178K5.5xas long as short
Aftermath Perps LITUSD+0.0072%1h4.7680+0.232%$13K$203K10xas long as short
edgeX LITUSDCshort+0.0074%4h4.7649+0.169%$290K$310K10x
MEXC LIT_USDT+0.0076%4h4.7491−0.164%$5.6M$4.1M100xas long as short
Binance LITUSDT+0.0079%4h4.7453−0.245%$75.6M$81.4M75xas long as short
Aevo LIT-PERP+0.0088%1h4.7442−0.267%$148K$44K3xas long as short
Polymarket Perps LIT-USD+0.0094%1h4.7526−0.090%$449K$105K10xas long as short
Lighter LIT+0.0096%1h4.7599+0.063%$59.9M$29.8M5xas long as short
Nado LIT-PERP+0.0100%1h4.7525−0.092%$2.2M$1.7M10xas long as short
Aster LITUSDT+0.0100%4h4.7555−0.030%$12.7M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7549−0.042%$592K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7540−0.061%$120K$456K5xas long as short
Bulk LIT-USD+0.0100%1h4.7635+0.139%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7480−0.187%$6.7M$2.8M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7556−0.027%$675K$1.4M5xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7720+0.317%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7488−0.171%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7530−0.082%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7457−0.235%$995$466K5xas long as short
HTX LIT-USDT+0.0100%4h4.7567−0.004%$190K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7447−0.257%$5.2M$5.1M25xas long as short
Lighter RH LIT+0.0152%1h4.7612+0.090%$3.7M$13.9M5xas long as short
Hyperliquid LIT+0.0229%1h4.7587+0.038%$213.4M$44.9M5xas long as short
BloFin LIT-USDT+0.0310%4h4.7502−0.141%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0377% / S −0.0169%1h4.7500−0.146%$62K50xas long as short