Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0360%/8h= +39.4% APRpaid last 24h +0.023%

Price spread now: Pacifica against KuCoin+0.097%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on KuCoin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.097%, 7d avg +0.014%

Together, before fees−0.013%+ Points / potential airdropPacifica: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Pacifica is 0.083% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment. 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	4.7153	−0.0260	get 0.0130% / 4h	1h 13m	$5.2M	$1.1M	30x
Short	Pacifica LIT	4.7199	0.0100	get 0.0013% / 1h	13m 57s	$604K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.097%Rate

Funding earned: $75.6
Price spread: +0.097% → +0.014%: $8.3
Slippage, 4 orders: −$41.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $21.92
Costs to cover: 0.620%
Break-even: 5.0 days

Slippage from KuCoin: live order book, 4 min ago; Pacifica: 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	7.03 bp	22.5 bp −$22	463.4 bp −$4,634	doesn't fit	doesn't fit
Sell Pacifica live order book, 5 min ago	2.35 bp	7.5 bp −$8	doesn't fit	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
Gate LIT_USDT	−0.1254%	4h	4.7210	+0.121%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0751%	1h	4.7230	+0.163%	$663K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0622%	4h	4.7145	−0.017%	$32K	$2K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0607%	1h	4.7201	+0.102%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7143	−0.021%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0513%	4h	4.7170	+0.036%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0471%	4h	4.7177	+0.051%	$25.4M	$62.6M	50x	as long as short
Bullet LIT-USD	−0.0333%	1h	4.7182	+0.061%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0276%	4h	4.7190	+0.078%	$42.6M	$30.2M	75x	as long as short
KuCoin LITUSDTMlong	−0.0260%	4h	4.7153	long leg	$5.2M	$1.1M	30x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0249%	1h	4.7030	−0.261%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0158%	4h	4.6909	−0.517%	$893K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	+0.094%	$668K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7205	+0.110%	$805K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.6887	−0.564%	$203K	$327K	5x	as long as short
Nado LIT-PERP	−0.0006%	1h	4.7165	+0.025%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7193	+0.086%	$34K	—	5x	as long as short
Paradex LIT-USD-PERP	+0.0003%	8h	4.7146	−0.015%	$7K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7231	+0.165%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.881%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0052%	4h	4.6888	−0.563%	$285K	$312K	10x	as long as short
MEXC LIT_USDT	+0.0060%	4h	4.7173	+0.042%	$5.7M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0061%	4h	4.7173	+0.043%	$74.9M	$80.8M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7173	+0.042%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7260	+0.227%	$59.5M	$29.8M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7270	+0.248%	$211.0M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7255	+0.216%	$12.6M	$2.4M	50x	as long as short
Pacifica LITshort	+0.0100%	1h	4.7199	+0.097%	$604K	$1.7M	10x
Arcus LIT-USD	+0.0100%	1h	4.7181	+0.059%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6888	−0.562%	$117K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7240	+0.185%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6920	−0.494%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7194	+0.087%	$446K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7237	+0.179%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7195	+0.089%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7205	+0.110%	$1K	$464K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7245	+0.195%	$189K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7165	+0.026%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0208%	1h	4.7283	+0.276%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0242%	4h	4.7122	−0.066%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7185	+0.069%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0376% / S −0.0169%	1h	4.7232	+0.167%	$62K	—	50x	as long as short