LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h −0.067%

Price spread now: Coinbase International against Binance−0.124%53s7-day average +0.141% · you buy dearer than you sell

Net, funding: paid 7d − costs−$141as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.585% of the position

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.822%−$82 on $10k

Price spread, last 4 days (all we have)+0.589%+$59 · spread now −0.124%, 7d avg +0.141%

Together, before fees−0.233%−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Coinbase International is 0.265% cheaper against Binance than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.141%). Swap the legs. The two prices were read 53 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	Binance LITUSDT	4.7359	0.0100	pay 0.0050% / 4h	2h 42m	$76.0M	$77.5M	75x
Short	Coinbase International LIT-PERP-INTX	4.7300	−0.0448	pay 0.0056% / 1h	42m 26s	$612K	$358K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$115.08
Price spread: −0.124% → +0.141%: −$26.47
Slippage, 4 orders: −$38.49
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$200.04
Costs to cover: 0.585%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Coinbase International: live order book, 6 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 Binance live order book, 15 min ago	0.21 bp	13.0 bp −$13	26.3 bp −$263	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	7.20 bp	16.1 bp −$16	58.2 bp −$582	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-INTXshort	−0.0448%	1h	4.7300	−0.124%	$612K	$358K	50x
Orderly PERP_LIT_USDC	−0.0384%	4h	4.7318	−0.087%	$32K	$1K	10x	as long as short
Phemex LITUSDT	−0.0313%	4h	4.7290	−0.146%	$1.4M	$2.8M	20x	as long as short
01 Exchange LITUSD	−0.0312%	1h	4.7297	−0.131%	$31K	$5K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0218%	4h	4.7321	−0.081%	$897K	$1.8M	10x	as long as short
Bullet LIT-USD	−0.0156%	1h	4.7358	−0.001%	$85K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0143%	4h	4.7368	+0.019%	$25.4M	$60.7M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0134%	1h	4.7387	+0.059%	$42K	$40K	10x	as long as short
Bybit LITUSDT	−0.0122%	4h	4.7362	+0.006%	$41.3M	$28.6M	75x	as long as short
Phoenix LIT	−0.0017%	1h	4.7396	+0.078%	$204K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7356	−0.006%	$818K	$2.2M	5x	as long as short
KuCoin LITUSDTM	−0.0008%	4h	4.7368	+0.019%	$5.3M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7373	+0.029%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7390	+0.065%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.438%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0092%	8h	4.7309	−0.105%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7386	+0.057%	$59.1M	$27.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7316	−0.092%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7433	+0.156%	$212.1M	$40.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7366	+0.014%	$573K	$1.6M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7359	long leg	$76.0M	$77.5M	75x
Arcus LIT-USD	+0.0100%	1h	4.7373	+0.030%	$119K	$457K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7370	+0.023%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7341	−0.038%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7390	+0.065%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7341	−0.038%	$663K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7412	+0.111%	$290K	$305K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7340	−0.040%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7370	+0.023%	$445K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7399	+0.084%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7320	−0.082%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7379	+0.042%	$1K	$351K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7384	+0.053%	$200K	$348K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7306	−0.112%	$118K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7361	+0.003%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7370	+0.024%	$148K	—	3x	as long as short
Lighter RH LIT	+0.0128%	1h	4.7405	+0.097%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0209%	4h	4.7392	+0.070%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7290	−0.146%	$1.6M	$1.9M	75x	as long as short
Aftermath Perps LITUSD	+0.0413%	1h	4.7404	+0.094%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7382	+0.048%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7386	+0.058%	$31K	$705K	33x	as long as short