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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0049%/8h= −5.3% APRpaid last 24h +0.023%
Price spread now: Injective against KuCoin+0.633%7-day average −9.288% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−15.518%−$1,552 · spread now +0.633%, 7d avg −9.288%
Together, before fees−15.561%−$1,556 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 9.920% dearer against KuCoin than usual: you sell high and buy low (spread +0.633% now, against its 7-day average of −9.288%): +$992 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 months. At the pace of the last 7 days (−0.043% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.77380.0082pay 0.0041% / 4h1h 47m$5.4M$992K30x
ShortInjective LIT/USDC PERP4.80400.0033get 0.0004% / 1h47m 09s$422$178K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$10.22
Price spread: +0.633% → −9.288%
$992.05
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$969.81
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago5.76 bp38.4 bp −$38505.8 bp −$5,058doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.0460%1h4.7687−0.108%$42K$40K10xas long as short
Coinbase International LIT-PERP-INTX−0.0440%1h4.7761+0.049%$605K$352K50xas long as short
Orderly PERP_LIT_USDC−0.0383%4h4.7615−0.258%$33K$1K10xas long as short
01 Exchange LITUSD−0.0224%1h4.7731−0.015%$31K$3K5xas long as short
Bullet LIT-USD−0.0199%1h4.7686−0.110%$85K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0174%4h4.7659−0.165%$25.5M$61.4M50xas long as short
GRVT LIT_USDT_Perp−0.0072%4h4.7650−0.185%$882K$2.0M10xas long as short
Backpack LIT_USDC_PERP−0.0072%1h4.7691−0.098%$672K$1.1M5xas long as short
dYdX LIT-USD0.0000%1h4.7781+0.091%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7722−0.032%$11K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT+0.0033%1h4.7792+0.113%$205K$301K5xas long as short
Injective LIT/USDC PERPshort+0.0033%1h4.8040+0.633%$422$178K5.5x
ApeX Omni LITUSDT+0.0063%1h4.7740+0.004%$57K$73K50xas long as short
KuCoin LITUSDTMlong+0.0082%4h4.7738long leg$5.4M$992K30x
Paradex LIT-USD-PERP+0.0093%8h4.7704−0.070%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7740+0.004%$59.4M$27.2M5xas long as short
Phemex LITUSDT+0.0099%4h4.7660−0.163%$1.3M$2.8M20xas long as short
Bybit LITUSDT+0.0099%4h4.7647−0.191%$41.3M$28.6M75xas long as short
Nado LIT-PERP+0.0100%1h4.7745+0.015%$2.1M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7767+0.060%$620K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7641−0.202%$76.3M$76.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7696−0.088%$124K$457K5xas long as short
Bulk LIT-USD+0.0100%1h4.7710−0.059%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7710−0.059%$2.8M$4.1M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7661−0.161%$5.9M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7710−0.059%$6.8M$2.5M20xas long as short
edgeX LITUSDC+0.0100%4h4.7723−0.031%$292K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7699−0.082%$448K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7707−0.065%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7712−0.054%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7690−0.101%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.7801+0.132%$198K$323K30xas long as short
Extended LIT-USD+0.0104%1h4.7662−0.159%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7671−0.141%$149K3xas long as short
Perpl LIT+0.0112%43m4.7735−0.006%$32K$677K33xas long as short
RISEx LIT/USDC+0.0148%1h4.7729−0.019%$796K$2.2M5xas long as short
Aftermath Perps LITUSD+0.0187%1h4.7811+0.153%$9K$214K10xas long as short
Aster LITUSDT+0.0223%4h4.7750+0.025%$12.8M$2.0M50xas long as short
Hyperliquid LIT+0.0297%1h4.7761+0.048%$215.5M$40.4M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7647−0.191%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0376%1h4.7756+0.038%$3.6M$13.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0424% / S −0.0217%1h4.7703−0.073%$64K50xas long as short