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

LIT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0234%/8h= −25.6% APRnext payment $1.17 per $10,000 · paid last 24h −0.049%
Price spread now: KuCoin against Aster−0.190%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$730.725% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.085%−$8 on $10k
Price spread, last 7 days+0.035%+$4 · spread now −0.190%, 7d avg −0.055%
Together, before fees−0.049%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.135% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.055%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.085% in total (about -5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.17 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
LongAster LITUSDT4.71340.0100pay 0.0050% / 4h2h 45m$12.6M$2.1M50x
ShortKuCoin LITUSDTM4.7044−0.0134pay 0.0067% / 4h2h 45m$5.2M$1.1M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
−$49.14
Price spread: −0.190% → −0.055%
−$13.5
Slippage, 4 orders
−$52.54
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$135.18
Costs to cover
0.725%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 7 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 Aster live order book, 3 min ago1.80 bp8.5 bp −$921.9 bp −$219doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago5.21 bp28.5 bp −$29133.9 bp −$1,339doesn'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−0.0582%1h4.7086−0.101%$41K$40K10xas long as short
01 Exchange LITUSD−0.0568%1h4.7023−0.235%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0466%4h4.7025−0.230%$32K$2K10xas long as short
Bullet LIT-USD−0.0403%1h4.7050−0.177%$84K$72K20xas long as short
Backpack LIT_USDC_PERP−0.0184%1h4.7104−0.063%$683K$1.4M5xas long as short
OKX LIT-USDT-SWAP−0.0173%4h4.7060−0.156%$25.6M$63.9M50xas long as short
Gate LIT_USDT−0.0158%4h4.7060−0.156%$2.8M$4.2M50xas long as short
KuCoin LITUSDTMshort−0.0134%4h4.7044−0.190%$5.2M$1.1M30x
GRVT LIT_USDT_Perp−0.0122%4h4.7120−0.029%$895K$1.8M10xas long as short
Phoenix LIT−0.0102%1h4.7162+0.060%$203K$352K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0080%1h4.7209+0.160%$668K$387K50xas long as short
dYdX LIT-USD0.0000%1h4.7122−0.024%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.7098−0.075%$471150xas long as short
Bulk LIT-USD+0.0028%1h4.6991−0.302%$117K$1K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.923%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0044%8h4.7057−0.162%$7K$2K5xas long as short
RISEx LIT/USDC+0.0081%1h4.7104−0.063%$785K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.7112−0.046%$59.0M$29.2M5xas long as short
Nado LIT-PERP+0.0100%1h4.7042−0.193%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7141+0.015%$211.3M$44.3M5xas long as short
Aster LITUSDTlong+0.0100%4h4.7134long leg$12.6M$2.1M50x
Pacifica LIT+0.0100%1h4.7094−0.084%$584K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7025−0.230%$75.1M$80.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.7048−0.182%$42.3M$29.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7077−0.120%$116K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7020−0.241%$5.5M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7080−0.114%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.7154+0.043%$287K$306K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7150+0.035%$56K$77K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7060−0.156%$445K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7113−0.043%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7088−0.097%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7070−0.135%$1K$457K5xas long as short
HTX LIT-USDT+0.0100%4h4.7032−0.216%$188K$354K30xas long as short
Phemex LITUSDT+0.0100%4h4.7060−0.156%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7011−0.261%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7040−0.199%$147K3xas long as short
Lighter RH LIT+0.0120%1h4.7165+0.067%$3.7M$13.2M5xas long as short
Aftermath Perps LITUSD+0.0339%1h4.7110−0.050%$9K$209K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7139+0.011%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0403% / S −0.0195%1h4.7099−0.074%$63K50xas long as short
Perpl LIT+0.0447%43m4.7081−0.111%$31K$861K33xas long as short