Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.044%

Price spread now: KuCoin against Arcus+0.069%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$770.771% of the position

Long on Arcus Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.069%, 7d avg −0.021%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.090% dearer against Arcus than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.021%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 4 days (−0.101% in total) that is about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7678	0.0100	pay 0.0013% / 1h	45m 57s	$124K	$457K	5x
Short	KuCoin LITUSDTM	4.7711	0.0078	get 0.0039% / 4h	1h 45m	$5.4M	$992K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee KuCoinbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$4.62
Price spread: +0.069% → −0.021%: $9.03
Slippage, 4 orders: −$60.63
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$72.73
Costs to cover: 0.771%
Break-even: never at this rate

Slippage from Arcus: live order book, 63 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 63 min ago	3.26 bp	5.9 bp −$6	10.6 bp −$106	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	5.76 bp	24.6 bp −$25	151.1 bp −$1,511	doesn't fit	doesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0568%	1h	4.7649	−0.061%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.175%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0385%	4h	4.7591	−0.182%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0232%	1h	4.7632	−0.096%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0216%	1h	4.7653	−0.052%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0175%	4h	4.7660	−0.038%	$25.5M	$61.4M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0092%	1h	4.7664	−0.029%	$672K	$1.1M	5x	as long as short
GRVT LIT_USDT_Perp	−0.0072%	4h	4.7650	−0.060%	$882K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7680	+0.005%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7695	+0.036%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7792	+0.239%	$205K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.759%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0063%	1h	4.7740	+0.130%	$57K	$73K	50x	as long as short
KuCoin LITUSDTMshort	+0.0078%	4h	4.7711	+0.069%	$5.4M	$992K	30x
Phemex LITUSDT	+0.0091%	4h	4.7640	−0.080%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7654	−0.051%	$7K	$2K	5x	as long as short
Bybit LITUSDT	+0.0093%	4h	4.7650	−0.059%	$41.3M	$28.6M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7712	+0.071%	$59.3M	$27.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7655	−0.048%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7702	+0.050%	$619K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7637	−0.086%	$76.3M	$76.9M	75x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7678	long leg	$124K	$457K	5x
Bulk LIT-USD	+0.0100%	1h	4.7710	+0.067%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7690	+0.025%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7642	−0.076%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7670	−0.017%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7723	+0.094%	$292K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7658	−0.042%	$447K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7676	−0.005%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7657	−0.044%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7670	−0.017%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7801	+0.258%	$198K	$323K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7631	−0.099%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7647	−0.065%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7701	+0.049%	$32K	$677K	33x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7688	+0.022%	$795K	$2.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7789	+0.233%	$9K	$214K	10x	as long as short
Aster LITUSDT	+0.0221%	4h	4.7740	+0.131%	$12.8M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0288%	1h	4.7746	+0.143%	$215.4M	$40.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7647	−0.065%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0368%	1h	4.7735	+0.120%	$3.6M	$13.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7680	+0.005%	$64K	—	50x	as long as short