Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.043%

Price spread now: Extended against KuCoin−0.192%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$650.645% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.145%+$14 on $10k

Price spread, last 7 days+0.318%+$32 · spread now −0.192%, 7d avg −0.061%

Together, before fees+0.463%+ Points / potential airdropExtended: Active · farm board+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.130% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.192% now, against its 7-day average of −0.061%). If the spread goes back, that is −$13 on $10k: about 3.7 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.7436	−0.0014	get 0.0007% / 4h	2h 48m	$5.3M	$1.0M	30x
Short	Extended LIT-USD	4.7345	0.0104	get 0.0013% / 1h	48m 57s	$5.2M	$4.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.192%Rate

Funding earned: $24.78
Price spread: −0.192% → −0.061%: −$13.03
Slippage, 4 orders: −$47.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$52.77
Costs to cover: 0.645%
Break-even: 21.9 days

Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 5 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 KuCoin live order book, 4 min ago	6.91 bp	28.2 bp −$28	448.1 bp −$4,481	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.53 bp	5.4 bp −$5	23.2 bp −$232	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	−0.0486%	1h	4.7354	−0.172%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.7300	−0.286%	$612K	$358K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.7306	−0.274%	$32K	$1K	10x	as long as short
Phemex LITUSDT	−0.0377%	4h	4.7350	−0.181%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0352%	1h	4.7336	−0.211%	$31K	$5K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0190%	4h	4.7507	+0.150%	$909K	$1.8M	10x	as long as short
Bullet LIT-USD	−0.0188%	1h	4.7358	−0.164%	$85K	$67K	20x	as long as short
Bybit LITUSDT	−0.0160%	4h	4.7370	−0.139%	$41.3M	$28.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0132%	4h	4.7361	−0.158%	$25.5M	$60.6M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.7656	+0.464%	$205K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTMlong	−0.0014%	4h	4.7436	long leg	$5.3M	$1.0M	30x
RISEx LIT/USDC	−0.0012%	1h	4.7404	−0.067%	$819K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7411	−0.052%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7415	−0.044%	$31K	$705K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7398	−0.081%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.273%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0091%	8h	4.7343	−0.196%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7407	−0.061%	$59.1M	$27.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7362	−0.157%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7437	+0.002%	$212.0M	$40.6M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7395	−0.086%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7358	−0.164%	$76.0M	$77.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7396	−0.084%	$115K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7722	+0.603%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7400	−0.076%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7357	−0.167%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7390	−0.097%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7383	−0.112%	$664K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7544	+0.227%	$291K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7560	+0.261%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7388	−0.101%	$445K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7386	−0.106%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7355	−0.171%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7349	−0.183%	$1K	$349K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7417	−0.040%	$200K	$348K	30x	as long as short
Extended LIT-USDshort	+0.0104%	1h	4.7345	−0.192%	$5.2M	$4.9M	25x
Aevo LIT-PERP	+0.0104%	1h	4.7350	−0.181%	$148K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7435	−0.002%	$3.7M	$12.9M	5x	as long as short
Aster LITUSDT	+0.0226%	4h	4.7435	−0.002%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7368	−0.143%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0429%	1h	4.7489	+0.112%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0438% / S −0.0231%	1h	4.7389	−0.099%	$66K	—	50x	as long as short