Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h −0.015%

Price spread now: KuCoin against gTrade (Gains Network)−0.071%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.071% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 10 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LIT/USD	4.7738	L +0.0003% / S −0.0002%	pay 0.0000% / 1h	25m 54s	$11K	—	150x
Short	KuCoin LITUSDTM	4.7704	0.0026	get 0.0013% / 4h	2h 25m	$5.4M	$1.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee KuCoinbpOrdersPrice spread, now −0.071%Rate

Funding earned: $4.8
Price spread: −0.071% → 0.000%: −$7.14
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$24.34
Costs to cover: 0.220%
Break-even: 42.5 days

Slippage unknown: gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	7.74 bp	24.6 bp −$25	156.7 bp −$1,567	doesn't fit	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−0.917%	$612K	$347K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0359%	4h	4.7666	−0.151%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0297%	1h	4.7723	−0.032%	$42K	$40K	10x	as long as short
Phemex LITUSDT	−0.0295%	4h	4.7690	−0.101%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0240%	1h	4.7711	−0.057%	$31K	$4K	5x	as long as short
Bullet LIT-USD	−0.0175%	1h	4.7697	−0.087%	$85K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0152%	4h	4.7741	+0.007%	$893K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0139%	4h	4.7696	−0.088%	$25.7M	$61.2M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7793	+0.115%	$206K	$283K	5x	as long as short
Bybit LITUSDT	−0.0012%	4h	4.7710	−0.059%	$41.5M	$28.7M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7758	+0.041%	$824K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7840	+0.214%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USDlong	L +0.0003% / S −0.0002%	1h	4.7738	long leg	$11K	—	150x
KuCoin LITUSDTMshort	+0.0026%	4h	4.7704	−0.071%	$5.4M	$1.0M	30x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.632%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.7681	−0.120%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7772	+0.071%	$59.6M	$27.9M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7691	−0.098%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7770	+0.067%	$578K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7663	−0.157%	$76.6M	$76.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7742	+0.008%	$118K	$462K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7462	−0.579%	$118K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7740	+0.004%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7690	−0.101%	$5.9M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7710	−0.059%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7739	+0.002%	$669K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7733	−0.010%	$292K	$302K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7770	+0.067%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7736	−0.004%	$448K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7740	+0.005%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7692	−0.097%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7715	−0.048%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7904	+0.348%	$203K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7652	−0.181%	$5.3M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7704	−0.071%	$149K	—	3x	as long as short
Hyperliquid LIT	+0.0116%	1h	4.7788	+0.105%	$214.0M	$40.8M	5x	as long as short
Lighter RH LIT	+0.0216%	1h	4.7794	+0.117%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0225%	4h	4.7762	+0.050%	$12.8M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7819	+0.169%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0393%	1h	4.7681	−0.119%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0441% / S −0.0231%	1h	4.7730	−0.016%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7752	+0.029%	$32K	$683K	33x	as long as short