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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRnext payment $0.23 per $10,000 · paid last 24h −0.048%
Price spread now: Coinbase International against Arcus−0.181%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.248%−$25 on $10k
Price spread, last 3 days (all we have)+0.556%+$56 · spread now −0.181%, 7d avg +0.088%
Together, before fees+0.308%+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.268% cheaper against Arcus than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.088%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus LIT-USD4.75840.0100pay 0.0013% / 1h42m 38s$118K$455K5x
ShortCoinbase International LIT-PERP-INTX4.7498−0.0088pay 0.0011% / 1h42m 38s$672K$402K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. 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
−$39.48
Price spread: −0.181% → +0.088%
−$26.82
Slippage, 4 orders
−$50.3
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$131.1
Costs to cover
0.648%
Break-even
never at this rate
Slippage from Arcus: live order book, 31 min ago; Coinbase International: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 31 min ago5.61 bp8.0 bp −$813.9 bp −$139doesn't fitdoesn't fit
Sell Coinbase International live order book, 31 min ago6.60 bp17.9 bp −$1856.7 bp −$567doesn't fitdoesn't fit

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−0.0639%1h4.7523−0.129%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0512%4h4.7471−0.237%$32K$2K10xas long as short
01 Exchange LITUSD−0.0400%1h4.7432−0.319%$33K$4K5xas long as short
Gate LIT_USDT−0.0366%4h4.7530−0.113%$2.8M$4.4M50xas long as short
Bullet LIT-USD−0.0324%1h4.7464−0.252%$85K$77K20xas long as short
OKX LIT-USDT-SWAP−0.0255%4h4.7515−0.145%$25.8M$64.1M50xas long as short
Phemex LITUSDT−0.0149%4h4.7510−0.156%$1.4M$2.7M20xas long as short
KuCoin LITUSDTM−0.0146%4h4.7490−0.198%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTXshort−0.0088%1h4.7498−0.181%$672K$402K50x
Backpack LIT_USDC_PERP−0.0070%1h4.7549−0.074%$685K$1.4M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.7328−0.538%$205K$361K5xas long as short
ApeX Omni LITUSDT−0.0028%1h4.7370−0.450%$56K$77K50xas long as short
Perpl LIT0.0000%43m4.7500−0.176%$31K$860K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7511−0.154%$35K150xas long as short
dYdX LIT-USD+0.0007%1h4.7561−0.048%$34K5xas long as short
GRVT LIT_USDT_Perp+0.0024%4h4.7420−0.345%$899K$1.8M10xas long as short
Nado LIT-PERP+0.0028%1h4.7435−0.313%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.958%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0041%8h4.7490−0.197%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7577−0.015%$59.5M$29.6M5xas long as short
Aster LITUSDT+0.0100%4h4.7606+0.046%$12.7M$2.3M50xas long as short
Pacifica LIT+0.0100%1h4.7537−0.099%$590K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7503−0.171%$75.8M$81.3M75xas long as short
Bybit LITUSDT+0.0100%4h4.7509−0.158%$42.8M$29.9M75xas long as short
Arcus LIT-USDlong+0.0100%1h4.7584long leg$118K$455K5x
Bulk LIT-USD+0.0100%1h4.7141−0.931%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7493−0.191%$5.7M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7600+0.034%$6.8M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7332−0.531%$288K$312K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7496−0.185%$449K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7557−0.057%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7403−0.380%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7515−0.145%$994$463K5xas long as short
HTX LIT-USDT+0.0100%4h4.7481−0.216%$189K$347K30xas long as short
Lighter RH LIT+0.0104%1h4.7589+0.011%$3.7M$13.7M5xas long as short
Extended LIT-USD+0.0104%1h4.7549−0.074%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7497−0.183%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7624+0.083%$812K$2.0M5xas long as short
Hyperliquid LIT+0.0205%1h4.7609+0.053%$213.5M$44.9M5xas long as short
Aftermath Perps LITUSD+0.0324%1h4.7365−0.460%$10K$205K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7509−0.158%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0384% / S −0.0176%1h4.7510−0.156%$63K50xas long as short