Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.029%

Price spread now: RISEx against KuCoin−0.035%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$680.680% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.179%+$18 on $10k

Price spread, last 7 days+0.106%+$11 · spread now −0.035%, 7d avg −0.002%

Together, before fees+0.285%+$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.002%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.179%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin LITUSDTM	4.8001	0.0100	pay 0.0050% / 4h	47m 29s	$5.5M	$960K	30x
Short	RISEx LIT/USDC	4.7984	0.0064	get 0.0008% / 1h	47m 29s	$803K	$2.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$7.55
Price spread: −0.035% → −0.002%: −$3.3
Slippage, 4 orders: −$50.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$78.86
Costs to cover: 0.680%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; RISEx: live order book, 1 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, 10 min ago	3.98 bp	33.9 bp −$34	420.1 bp −$4,201	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	1.35 bp	4.4 bp −$4	17.3 bp −$173	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
Deribit LIT_USDC-PERPETUAL	−0.0569%	1h	4.7950	−0.106%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7931	−0.146%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0362%	4h	4.7879	−0.254%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0344%	1h	4.7780	−0.461%	$605K	$347K	50x	as long as short
Bullet LIT-USD	−0.0242%	1h	4.7944	−0.118%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0137%	4h	4.7948	−0.110%	$25.7M	$59.9M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0084%	4h	4.8080	+0.165%	$887K	$2.0M	10x	as long as short
Bybit LITUSDT	−0.0005%	4h	4.7970	−0.065%	$41.7M	$28.0M	75x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7960	−0.085%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7992	−0.019%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.081%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8127	+0.262%	$206K	$293K	5x	as long as short
RISEx LIT/USDCshort	+0.0064%	1h	4.7984	−0.035%	$803K	$2.3M	5x
Phemex LITUSDT	+0.0085%	4h	4.7950	−0.106%	$1.4M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7928	−0.152%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7992	−0.019%	$59.7M	$26.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7935	−0.137%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7948	−0.111%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7930	−0.148%	$76.8M	$74.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7963	−0.079%	$125K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8008	+0.015%	$120K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7970	−0.065%	$2.8M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7922	−0.165%	$5.9M	$3.9M	100x	as long as short
KuCoin LITUSDTMlong	+0.0100%	4h	4.8001	long leg	$5.5M	$960K	30x
Bitget LITUSDT	+0.0100%	4h	4.7960	−0.085%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7952	−0.102%	$676K	$885K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7958	−0.090%	$293K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8010	+0.019%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7963	−0.079%	$450K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7984	−0.036%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7937	−0.133%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7965	−0.075%	$1K	$331K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8118	+0.244%	$200K	$298K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7940	−0.126%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7956	−0.094%	$150K	—	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.8005	+0.008%	$3.7M	$12.7M	5x	as long as short
Aster LITUSDT	+0.0178%	4h	4.8024	+0.047%	$12.9M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0292%	1h	4.8030	+0.060%	$216.8M	$39.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8002	+0.002%	$1.6M	$2.3M	75x	as long as short
Aftermath Perps LITUSD	+0.0365%	1h	4.7936	−0.135%	$9K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7988	−0.026%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7989	−0.024%	$32K	$654K	33x	as long as short