Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h 0.000%

Price spread now: Extended against Binance+0.014%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 7 days−0.001%$0 · spread now +0.014%, 7d avg −0.026%

Together, before fees+0.141%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.040% dearer against Binance than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.026%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.141%, 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	Binance LITUSDT	4.7483	0.0056	pay 0.0028% / 4h	2h 57m	$75.0M	$80.7M	75x
Short	Extended LIT-USD	4.7490	−0.0032	pay 0.0004% / 1h	57m 16s	$5.3M	$5.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$18.49
Price spread: +0.014% → −0.026%: $3.99
Slippage, 4 orders: −$19.24
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$48.75
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Binance: live order book, just now; Extended: live order book, 2 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, just now	0.32 bp	10.8 bp −$11	43.3 bp −$433	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.10 bp	4.2 bp −$4	29.4 bp −$294	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	−0.0827%	1h	4.7501	+0.038%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0752%	1h	4.7457	−0.055%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0563%	4h	4.7435	−0.101%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0505%	4h	4.7470	−0.027%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0483%	1h	4.7528	+0.095%	$667K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0378%	1h	4.7506	+0.048%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0324%	4h	4.7529	+0.097%	$5.3M	$1.1M	30x	as long as short
SoDEX LIT-USD	−0.0323%	1h	4.7490	+0.015%	$986	$474K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0289%	4h	4.7513	+0.063%	$25.2M	$60.8M	50x	as long as short
Gate LIT_USDT	−0.0268%	4h	4.7550	+0.141%	$2.8M	$4.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0262%	4h	4.7620	+0.289%	$902K	$1.9M	10x	as long as short
Bybit LITUSDT	−0.0241%	4h	4.7502	+0.040%	$42.9M	$30.1M	75x	as long as short
ApeX Omni LITUSDT	−0.0230%	1h	4.7610	+0.267%	$56K	$78K	50x	as long as short
Nado LIT-PERP	−0.0209%	1h	4.7510	+0.057%	$2.1M	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.041%	$668K	$408K	50x	as long as short
Polymarket Perps LIT-USD	−0.0128%	1h	4.7536	+0.112%	$449K	$104K	10x	as long as short
Phoenix LIT	−0.0067%	1h	4.7677	+0.409%	$246K	$321K	5x	as long as short
Extended LIT-USDshort	−0.0032%	1h	4.7490	+0.014%	$5.3M	$5.2M	25x
Paradex LIT-USD-PERP	−0.0020%	8h	4.7502	+0.040%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7560	+0.162%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7539	+0.117%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7573	+0.190%	$817K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.173%	$422	$178K	5.5x	as long as short
Binance LITUSDTlong	+0.0056%	4h	4.7483	long leg	$75.0M	$80.7M	75x
MEXC LIT_USDT	+0.0058%	4h	4.7475	−0.017%	$6.0M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0066%	4h	4.7648	+0.348%	$290K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7488	+0.010%	$149K	$44K	3x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	+0.303%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7548	+0.137%	$211.3M	$44.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7574	+0.193%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7578	+0.200%	$597K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7551	+0.143%	$118K	$449K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7530	+0.099%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7547	+0.135%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7510	+0.057%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7680	+0.415%	$190K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7562	+0.166%	$31K	$843K	33x	as long as short
Aftermath Perps LITUSD	+0.0151%	1h	4.7757	+0.577%	$11K	$198K	10x	as long as short
Lighter LIT	+0.0152%	1h	4.7585	+0.215%	$59.7M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7596	+0.238%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0224%	4h	4.7493	+0.021%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0389% / S −0.0190%	1h	4.7536	+0.112%	$60K	—	50x	as long as short