Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0341%/8hpaid last 24h −0.002%

Price spread now: KuCoin against RISEx−0.264%58s7-day average 0.000% · 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—prices read too far apart to compare

costs, in and out, $10k−$590.587% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.152%−$15 on $10k

Price spread, last 7 days+0.241%+$24 · spread now −0.264%, 7d avg 0.000%

Together, before fees+0.089%+$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.264% cheaper against RISEx than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx LIT/USDC	4.8095	0.0061	pay 0.0008% / 1h	23m 45s	$829K	$2.0M	5x
Short	KuCoin LITUSDTM	4.7968	−0.0280	pay 0.0140% / 4h	23m 45s	$5.3M	$1.1M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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 RISExbpFee KuCoinbpOrdersPrice spread, now −0.264%Rate

Funding earned: −$71.56
Price spread: −0.264% → 0.000%: −$26.45
Slippage, 4 orders: −$40.67
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$156.68
Costs to cover: 0.587%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; KuCoin: live order book, 8 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 RISEx live order book, 4 min ago	2.72 bp	5.9 bp −$6	28.2 bp −$282	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	8.27 bp	21.8 bp −$22	108.4 bp −$1,084	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
01 Exchange LITUSD	−0.0616%	1h	4.8021	−0.154%	$33K	$5K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0567%	1h	4.8047	−0.100%	$33K	$22K	10x	as long as short
Phemex LITUSDT	−0.0506%	4h	4.8010	−0.177%	$1.3M	$2.7M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0459%	4h	4.7956	−0.289%	$33K	$2K	10x	as long as short
Bullet LIT-USD	−0.0423%	1h	4.8036	−0.122%	$87K	$79K	20x	as long as short
Bybit LITUSDT	−0.0356%	4h	4.7944	−0.314%	$43.8M	$29.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0292%	4h	4.7928	−0.347%	$25.6M	$60.5M	50x	as long as short
KuCoin LITUSDTMshort	−0.0280%	4h	4.7968	−0.264%	$5.3M	$1.1M	30x
Gate LIT_USDT	−0.0236%	4h	4.8000	−0.198%	$2.9M	$4.7M	50x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.7870	−0.468%	$59K	$80K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX LIT-USD	−0.0094%	1h	4.8045	−0.104%	$995	$476K	5x	as long as short
Phoenix LIT	−0.0084%	1h	4.7801	−0.611%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8069	−0.055%	$663K	$415K	50x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.8050	−0.094%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8092	−0.006%	$36K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0005%	8h	4.7848	−0.513%	$5K	$1K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0014%	4h	4.7842	−0.525%	$902K	$1.9M	10x	as long as short
Nado LIT-PERP	+0.0035%	1h	4.8069	−0.054%	$2.0M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.697%	$419	$125K	5.5x	as long as short
RISEx LIT/USDClong	+0.0061%	1h	4.8095	long leg	$829K	$2.0M	5x
Backpack LIT_USDC_PERP	+0.0073%	1h	4.8049	−0.096%	$670K	$1.5M	5x	as long as short
Aftermath Perps LITUSD	+0.0083%	1h	4.7862	−0.484%	$11K	$200K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8002	−0.193%	$59.9M	$29.7M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7974	−0.252%	$212.8M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7957	−0.287%	$598K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7893	−0.420%	$75.3M	$80.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8027	−0.141%	$118K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7763	−0.689%	$120K	$5K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7912	−0.380%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7950	−0.301%	$6.9M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7723	−0.773%	$291K	$313K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8075	−0.042%	$454K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8074	−0.044%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8028	−0.139%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8077	−0.037%	$191K	$319K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7962	−0.277%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8014	−0.169%	$150K	$44K	3x	as long as short
Aster LITUSDT	+0.0168%	4h	4.8047	−0.100%	$12.8M	$2.7M	50x	as long as short
Lighter RH LIT	+0.0200%	1h	4.8023	−0.150%	$3.8M	$13.8M	5x	as long as short
Perpl LIT	+0.0223%	43m	4.8095	−0.001%	$32K	$858K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7999	−0.200%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0428% / S −0.0232%	1h	4.8089	−0.012%	$60K	—	50x	as long as short