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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:03 UTC−0.0627%/8h= −68.6% APRpaid last 24h −0.070%
Price spread now: KuCoin against Perpl+0.106%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.106%, 7d avg +0.009%
Together, before fees−0.023%+ Points / potential airdropPerpl: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.096% dearer against Perpl than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.009%): +$10 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% 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
LongPerpl LIT4.70950.0335pay 0.0030% / 43m16m 04s$32K$838K33x
ShortKuCoin LITUSDTM4.7145−0.0292pay 0.0146% / 4h1h 46m$5.2M$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Perpl. 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
−$131.65
Price spread: +0.106% → +0.009%
$9.65
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$147.8
Costs to cover
0.258%
Break-even
never at this rate
Slippage unknown: Perpl: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Perpl no order-book sample
Sell KuCoin live order book, 2 min ago7.54 bp20.9 bp −$21125.8 bp −$1,258doesn't fitdoesn't fit
Perpl: 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 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−0.0930%4h4.7110+0.031%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0827%1h4.7099+0.007%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0634%4h4.7036−0.126%$32K$2K10xas long as short
Backpack LIT_USDC_PERP−0.0629%1h4.7115+0.042%$662K$1.5M5xas long as short
Phemex LITUSDT−0.0538%4h4.7090−0.011%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0512%1h4.7004−0.194%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0415%4h4.7100+0.010%$25.2M$62.1M50xas long as short
Bullet LIT-USD−0.0350%1h4.7062−0.072%$84K$81K20xas long as short
Bybit LITUSDT−0.0307%4h4.7117+0.046%$42.6M$30.6M75xas long as short
KuCoin LITUSDTMshort−0.0292%4h4.7145+0.106%$5.2M$1.1M30x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0199%1h4.7123+0.059%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0198%4h4.7078−0.035%$899K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.329%$660K$388K50xas long as short
Nado LIT-PERP−0.0097%1h4.7050−0.095%$2.1M$1.7M10xas long as short
RISEx LIT/USDC−0.0082%1h4.7096+0.002%$785K$2.1M5xas long as short
Phoenix LIT−0.0034%1h4.7152+0.121%$245K$327K5xas long as short
SoDEX LIT-USD−0.0010%1h4.7115+0.042%$1K$468K5xas long as short
Paradex LIT-USD-PERP−0.0003%8h4.7063−0.069%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7115+0.043%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7132+0.079%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.006%$422$178K5.5xas long as short
edgeX LITUSDC+0.0042%4h4.7093−0.004%$286K$311K10xas long as short
MEXC LIT_USDT+0.0050%4h4.7070−0.054%$5.6M$4.2M100xas long as short
Binance LITUSDT+0.0054%4h4.7082−0.028%$74.7M$81.3M75xas long as short
Aevo LIT-PERP+0.0064%1h4.7098+0.007%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7162+0.142%$59.3M$29.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7162+0.142%$210.2M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7136+0.087%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7108+0.027%$579K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7073−0.047%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7055−0.085%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7120+0.053%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7060−0.075%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7078−0.037%$445K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7136+0.088%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7087−0.017%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7147+0.110%$189K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7088−0.016%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0204%4h4.7078−0.037%$1.5M$2.1M75xas long as short
Perpl LITlong+0.0335%43m4.7095long leg$32K$838K33x
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7130+0.074%$59K50xas long as short
Lighter RH LIT+0.0416%1h4.7182+0.184%$3.7M$13.5M5xas long as short