LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0262%/8h= −28.7% APRnext payment −$1.31 per $10,000 · paid last 24h −0.034%

Price spread now: Gate against KuCoin−0.036%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$120as in the Price arb table

costs, in and out, $10k−$1151.149% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.036%, 7d avg +0.011%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.7817	0.0100	pay 0.0050% / 4h	3h 32m	$5.5M	$901K	30x
Short	Gate LIT_USDT	4.7800	−0.0162	pay 0.0081% / 4h	3h 32m	$2.8M	$4.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.036%Rate

Funding earned: −$55.02
Price spread: −0.036% → +0.011%: −$4.68
Slippage, 4 orders: −$87.91
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$174.6
Costs to cover: 1.149%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Gate: live order book, 6 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, 5 min ago	4.59 bp	26.7 bp −$27	390.8 bp −$3,908	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	1.04 bp	32.9 bp −$33	76.4 bp −$764	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
01 Exchange LITUSD	−0.0496%	1h	4.7715	−0.213%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0426%	4h	4.7979	+0.338%	$894K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0396%	4h	4.7687	−0.272%	$33K	$313	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0323%	1h	4.7819	+0.004%	$42K	$39K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.253%	$607K	$349K	50x	as long as short
Bullet LIT-USD	−0.0228%	1h	4.7723	−0.197%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0167%	4h	4.7737	−0.167%	$25.8M	$58.7M	50x	as long as short
Gate LIT_USDTshort	−0.0162%	4h	4.7800	−0.036%	$2.8M	$4.0M	50x
ApeX Omni LITUSDT	−0.0112%	1h	4.7960	+0.299%	$57K	$75K	50x	as long as short
Bybit LITUSDT	−0.0093%	4h	4.7722	−0.199%	$41.5M	$27.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.7832	+0.032%	$34K	—	5x	as long as short
Backpack LIT_USDC_PERP	+0.0002%	1h	4.7828	+0.023%	$682K	$986K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7853	+0.075%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.8016	+0.416%	$206K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.466%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0047%	1h	4.7735	−0.171%	$2.1M	$1.6M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7817	+0.001%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7881	+0.134%	$59.6M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7892	+0.157%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7802	−0.031%	$215.9M	$38.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7817	0.000%	$672K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7718	−0.206%	$76.7M	$73.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7806	−0.023%	$127K	$420K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7909	+0.192%	$121K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7736	−0.169%	$6.2M	$3.9M	100x	as long as short
KuCoin LITUSDTMlong	+0.0100%	4h	4.7817	long leg	$5.5M	$901K	30x
Bitget LITUSDT	+0.0100%	4h	4.7760	−0.119%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7979	+0.338%	$294K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7788	−0.061%	$445K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8031	+0.448%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7756	−0.128%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7821	+0.008%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8019	+0.422%	$193K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7820	+0.006%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7793	−0.051%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7531	−0.597%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7816	−0.001%	$802K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0275%	4h	4.7809	−0.016%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7807	−0.020%	$32K	$628K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7797	−0.042%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7753	−0.134%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0489%	1h	4.7963	+0.305%	$10K	$201K	10x	as long as short