LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h +0.032%

Price spread now: KuCoin against Phemex+0.071%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1271.273% of the position

Long on Phemex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.131%+$13 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.071%, 7d avg +0.053%

Together, before fees+0.189%+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.131%, 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	Phemex LITUSDT	4.8210	0.0079	pay 0.0040% / 4h	2h 04m	$1.4M	$2.8M	20x
Short	KuCoin LITUSDTM	4.8244	0.0068	get 0.0034% / 4h	2h 04m	$5.4M	$1.0M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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 PhemexbpFee KuCoinbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$2.38
Price spread: +0.071% → +0.053%: $1.8
Slippage, 4 orders: −$103.27
Fee Phemex: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$127.85
Costs to cover: 1.273%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; KuCoin: live order book, 4 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 Phemex live order book, 4 min ago	6.20 bp	27.9 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	7.54 bp	31.0 bp −$31	152.9 bp −$1,529	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.8177	−0.068%	$610K	$370K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0369%	1h	4.8244	+0.070%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0363%	4h	4.8189	−0.044%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0176%	1h	4.8236	+0.054%	$31K	$3K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0165%	4h	4.8186	−0.050%	$25.9M	$62.6M	50x	as long as short
Bullet LIT-USD	−0.0165%	1h	4.8244	+0.070%	$86K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.8427	+0.450%	$895K	$1.9M	10x	as long as short
Phoenix LIT	−0.0017%	1h	4.8503	+0.608%	$208K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8277	+0.139%	$814K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8321	+0.231%	$35K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8267	+0.119%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.353%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTMshort	+0.0068%	4h	4.8244	+0.071%	$5.4M	$1.0M	30x
Phemex LITUSDTlong	+0.0079%	4h	4.8210	long leg	$1.4M	$2.8M	20x
Paradex LIT-USD-PERP	+0.0094%	8h	4.8246	+0.074%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8259	+0.102%	$60.1M	$28.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8225	+0.031%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8278	+0.141%	$619K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8181	−0.060%	$77.3M	$77.8M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8191	−0.039%	$41.7M	$28.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8270	+0.124%	$120K	$466K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8270	+0.124%	$2.8M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8178	−0.066%	$6.0M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8230	+0.041%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8325	+0.239%	$681K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8409	+0.413%	$296K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8460	+0.519%	$58K	$75K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8230	+0.041%	$453K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8264	+0.112%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8223	+0.027%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8189	−0.044%	$1K	$337K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8336	+0.261%	$201K	$343K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8496	+0.594%	$121K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8222	+0.024%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8225	+0.032%	$151K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0130%	1h	4.8423	+0.442%	$10K	$219K	10x	as long as short
Lighter RH LIT	+0.0176%	1h	4.8281	+0.147%	$3.7M	$13.5M	5x	as long as short
Aster LITUSDT	+0.0243%	4h	4.8278	+0.140%	$12.9M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0306%	1h	4.8324	+0.236%	$218.0M	$41.4M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8330	+0.249%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.8276	+0.137%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8248	+0.079%	$32K	$688K	33x	as long as short