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+0.0238%/8h= +26.1% APRnext payment +$1.19 per $10,000 · paid last 24h +0.045%
Price spread now: HTX against KuCoin+0.173%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.117%+$12 on $10k
Price spread, last 3 days (all we have)−0.050%−$5 · spread now +0.173%, 7d avg +0.122%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and HTX is 0.050% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.122%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.19 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 LITUSDTM4.7481−0.0138get 0.0069% / 4h3h 22m$5.3M$1.1M30x
ShortHTX LIT-USDT4.75630.0100get 0.0050% / 4h3h 22m$190K$346K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$49.98
Price spread: +0.173% → +0.122%
$5.04
Slippage, 4 orders
−$92.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$61.28
Costs to cover
1.163%
Break-even
15.6 days
Slippage from KuCoin: live order book, 5 min ago; HTX: live order book, 50 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, 5 min ago4.64 bp29.1 bp −$29401.6 bp −$4,016doesn't fitdoesn't fit
Sell HTX live order book, 50 min ago18.14 bp29.1 bp −$29121.5 bp −$1,215doesn'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−0.0705%1h4.7511+0.064%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0503%4h4.7448−0.070%$32K$2K10xas long as short
01 Exchange LITUSD−0.0408%1h4.7467−0.029%$33K$4K5xas long as short
Bullet LIT-USD−0.0350%1h4.7495+0.029%$85K$72K20xas long as short
ApeX Omni LITUSDT−0.0303%1h4.7390−0.192%$57K$77K50xas long as short
OKX LIT-USDT-SWAP−0.0207%4h4.7526+0.095%$25.8M$63.6M50xas long as short
KuCoin LITUSDTMlong−0.0138%4h4.7481long leg$5.3M$1.1M30x
Coinbase International LIT-PERP-INTX−0.0088%1h4.7619+0.292%$674K$406K50xas long as short
GRVT LIT_USDT_Perp−0.0078%4h4.7470−0.022%$908K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7514+0.070%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7534+0.111%$31K$853K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7540+0.125%$11K150xas long as short
dYdX LIT-USD+0.0003%1h4.7540+0.125%$34K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.177%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0042%8h4.7495+0.029%$7K$2K5xas long as short
Nado LIT-PERP+0.0043%1h4.7463−0.037%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0092%1h4.7500+0.040%$449K$104K10xas long as short
Bulk LIT-USD+0.0096%1h4.7547+0.139%$119K$1K10xas long as short
Lighter LIT+0.0096%1h4.7592+0.234%$59.5M$29.9M5xas long as short
Aster LITUSDT+0.0100%4h4.7580+0.208%$12.7M$2.2M50xas long as short
Pacifica LIT+0.0100%1h4.7523+0.088%$591K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7498+0.036%$75.8M$80.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.7520+0.082%$42.8M$29.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7529+0.101%$117K$450K5xas long as short
Gate LIT_USDT+0.0100%4h4.7530+0.103%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7492+0.023%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7540+0.124%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7522+0.086%$688K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7433−0.100%$289K$308K10xas long as short
Derive LIT-PERP+0.0100%1h4.7554+0.154%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7485+0.008%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7515+0.072%$990$459K5xas long as short
HTX LIT-USDTshort+0.0100%4h4.7563+0.173%$190K$346K30x
Phemex LITUSDT+0.0100%4h4.7480−0.002%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7499+0.039%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7490+0.019%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7552+0.150%$792K$2.0M5xas long as short
Lighter RH LIT+0.0168%1h4.7580+0.209%$3.7M$13.7M5xas long as short
Hyperliquid LIT+0.0317%1h4.7595+0.240%$213.6M$43.8M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7486+0.011%$1.6M$2.0M75xas long as short
Aftermath Perps LITUSD+0.0368%1h4.7556+0.159%$9K$202K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0396% / S −0.0186%1h4.7535+0.113%$64K50xas long as short