Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0344%/8hnext payment +$1.72 per $10,000 · paid last 24h +0.014%

Price spread now: MEXC against KuCoin+0.023%7-day average −0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$700.703% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.023%, 7d avg −0.037%

Together, before fees−0.087%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and MEXC is 0.060% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.037%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.030% in total (about -1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.72 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	4.7986	−0.0244	get 0.0122% / 4h	4m 48s	$5.3M	$1.1M	30x
Short	MEXC LIT_USDT	4.7997	0.0100	get 0.0050% / 4h	4m 48s	$6.3M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.023%Rate

Funding earned: $72.24
Price spread: +0.023% → −0.037%: $5.99
Slippage, 4 orders: −$54.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: $7.89
Costs to cover: 0.703%
Break-even: 6.2 days

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	7.61 bp	32.5 bp −$33	387.3 bp −$3,873	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.10 bp	14.6 bp −$15	66.1 bp −$661	277.9 bp −$27.8K	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	−0.0769%	1h	4.8031	+0.094%	$33K	$22K	10x	as long as short
01 Exchange LITUSD	−0.0640%	1h	4.7968	−0.038%	$33K	$5K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0486%	4h	4.7960	−0.054%	$33K	$2K	10x	as long as short
Bullet LIT-USD	−0.0447%	1h	4.8009	+0.048%	$87K	$79K	20x	as long as short
Phemex LITUSDT	−0.0439%	4h	4.8030	+0.092%	$1.3M	$2.7M	20x	as long as short
Bybit LITUSDT	−0.0333%	4h	4.8014	+0.058%	$43.7M	$29.7M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0281%	4h	4.7980	−0.013%	$25.6M	$60.5M	50x	as long as short
KuCoin LITUSDTMlong	−0.0244%	4h	4.7986	long leg	$5.3M	$1.1M	30x
ApeX Omni LITUSDT	−0.0210%	1h	4.7940	−0.096%	$59K	$79K	50x	as long as short
SoDEX LIT-USD	−0.0180%	1h	4.8024	+0.079%	$996	$478K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0150%	4h	4.8020	+0.071%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.7963	−0.048%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	+0.110%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7973	−0.026%	$899K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0012%	8h	4.7913	−0.152%	$5K	$1K	5x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7960	−0.053%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8068	+0.170%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.471%	$419	$125K	5.5x	as long as short
Bulk LIT-USD	+0.0046%	1h	4.7925	−0.128%	$121K	$7K	10x	as long as short
RISEx LIT/USDC	+0.0061%	1h	4.8036	+0.105%	$843K	$2.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0080%	1h	4.7970	−0.034%	$11K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8104	+0.246%	$60.0M	$29.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7985	−0.002%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8010	+0.050%	$213.0M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8002	+0.033%	$598K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7983	−0.006%	$75.4M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7980	−0.013%	$118K	$452K	5x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.7997	+0.023%	$6.3M	$4.2M	100x
Bitget LITUSDT	+0.0100%	4h	4.8030	+0.092%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8048	+0.129%	$672K	$1.5M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7913	−0.152%	$292K	$313K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8038	+0.108%	$454K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8073	+0.181%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8002	+0.033%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7997	+0.023%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8022	+0.075%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7973	−0.027%	$150K	$44K	3x	as long as short
Aster LITUSDT	+0.0160%	4h	4.8093	+0.223%	$12.9M	$2.6M	50x	as long as short
Lighter RH LIT	+0.0184%	1h	4.8121	+0.281%	$3.8M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7960	−0.054%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0430% / S −0.0232%	1h	4.8069	+0.172%	$60K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8041	+0.114%	$32K	$857K	33x	as long as short