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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:40 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.093%
Price spread now: Perpl against KuCoin+0.016%47s7-day average −0.009% · 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+0.025%+$2 on $10k
Price spread, last 7 days+0.094%+$9 · spread now +0.016%, 7d avg −0.009%
Together, before fees+0.118%+ Points / potential airdropPerpl: Active · farm board+$12 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 Perpl is 0.025% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin LITUSDTM4.78530.0100pay 0.0050% / 4h59m 39s$5.5M$984K30x
ShortPerpl LIT4.78610.0447get 0.0040% / 43m5m 39s$32K$664K33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$72.77
Price spread: +0.016% → −0.009%
$2.52
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$49.49
Costs to cover
0.258%
Break-even
2.2 days
Slippage unknown: KuCoin: live order book, 8 min ago; Perpl: 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, 8 min ago5.33 bp32.4 bp −$32422.9 bp −$4,229doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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−0.0534%1h4.7817−0.075%$42K$40K10xas long as short
Coinbase International LIT-PERP-INTX−0.0440%1h4.7780−0.153%$605K$352K50xas long as short
01 Exchange LITUSD−0.0408%1h4.7761−0.192%$31K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0364%4h4.7759−0.196%$33K$1K10xas long as short
Bullet LIT-USD−0.0197%1h4.7818−0.073%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0137%4h4.7792−0.127%$25.7M$60.3M50xas long as short
GRVT LIT_USDT_Perp−0.0074%4h4.7770−0.174%$884K$2.0M10xas long as short
dYdX LIT-USD0.0000%1h4.7841−0.025%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7867+0.030%$11K150xas long as short
Bybit LITUSDT+0.0033%4h4.7790−0.132%$41.4M$28.0M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT+0.0033%1h4.7845−0.017%$205K$301K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.391%$422$178K5.5xas long as short
Backpack LIT_USDC_PERP+0.0036%1h4.7846−0.015%$675K$941K5xas long as short
Paradex LIT-USD-PERP+0.0094%8h4.7791−0.131%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7867+0.029%$59.5M$26.3M5xas long as short
Nado LIT-PERP+0.0100%1h4.7796−0.120%$2.1M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7831−0.046%$768K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7778−0.157%$76.6M$75.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7825−0.059%$126K$446K5xas long as short
Bulk LIT-USD+0.0100%1h4.7741−0.234%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7840−0.027%$2.8M$4.1M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7786−0.140%$5.8M$3.8M100xas long as short
KuCoin LITUSDTMlong+0.0100%4h4.7853long leg$5.5M$984K30x
Bitget LITUSDT+0.0100%4h4.7820−0.069%$6.8M$2.5M20xas long as short
edgeX LITUSDC+0.0100%4h4.7753−0.208%$292K$304K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7740−0.236%$57K$73K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7821−0.067%$449K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7837−0.033%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7774−0.165%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7826−0.056%$1K$333K5xas long as short
HTX LIT-USDT+0.0100%4h4.7861+0.017%$199K$298K30xas long as short
Phemex LITUSDT+0.0100%4h4.7810−0.090%$1.4M$2.8M20xas long as short
Extended LIT-USD+0.0104%1h4.7777−0.160%$5.1M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7804−0.103%$149K3xas long as short
RISEx LIT/USDC+0.0148%1h4.7843−0.020%$797K$2.3M5xas long as short
Aster LITUSDT+0.0189%4h4.7845−0.017%$12.8M$1.9M50xas long as short
Hyperliquid LIT+0.0211%1h4.7877+0.050%$216.0M$39.0M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7763−0.188%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0368%1h4.7874+0.044%$3.7M$13.3M5xas long as short
Aftermath Perps LITUSD+0.0424%1h4.7860+0.014%$9K$205K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7858+0.011%$64K50xas long as short
Perpl LITshort+0.0447%43m4.7861+0.016%$32K$664K33x