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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:14 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.046%
Price spread now: Perpl against Binance+0.101%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 7 days−0.096%−$10 · spread now +0.101%, 7d avg +0.027%
Together, before fees−0.085%+ Points / potential airdropPerpl: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.074% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.027%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.011% in total (about 0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance LITUSDT4.72660.0100pay 0.0050% / 4h2h 40m$75.9M$77.5M75x
ShortPerpl LIT4.73140.0447get 0.0040% / 43m20m 20s$31K$705K33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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

Funding earned
$72.77
Price spread: +0.101% → +0.027%
$7.4
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$56.36
Costs to cover
0.238%
Break-even
1.6 days
Slippage unknown: Binance: live order book, 2 min ago; Perpl: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.11 bp12.3 bp −$1230.3 bp −$303doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International LIT-PERP-INTX−0.0448%1h4.7300+0.072%$612K$358K50xas long as short
Orderly PERP_LIT_USDC−0.0380%4h4.7229−0.078%$32K$1K10xas long as short
01 Exchange LITUSD−0.0312%1h4.7250−0.034%$31K$5K5xas long as short
Phemex LITUSDT−0.0303%4h4.7420+0.326%$1.4M$2.8M20xas long as short
GRVT LIT_USDT_Perp−0.0218%4h4.7321+0.116%$897K$1.8M10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0165%1h4.7450+0.389%$42K$40K10xas long as short
Bullet LIT-USD−0.0156%1h4.72660.000%$85K$68K20xas long as short
OKX LIT-USDT-SWAP−0.0141%4h4.7280+0.030%$25.5M$60.7M50xas long as short
Bybit LITUSDT−0.0091%4h4.7280+0.030%$41.2M$28.6M75xas long as short
Phoenix LIT−0.0017%1h4.7395+0.273%$204K$283K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx LIT/USDC−0.0012%1h4.7301+0.073%$816K$2.2M5xas long as short
KuCoin LITUSDTM−0.0004%4h4.7314+0.102%$5.3M$1.0M30xas long as short
dYdX LIT-USD0.0000%1h4.7321+0.117%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7310+0.093%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.638%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0092%8h4.7277+0.022%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7344+0.165%$59.0M$27.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7260−0.012%$2.2M$1.6M10xas long as short
Hyperliquid LIT+0.0100%1h4.7358+0.195%$211.8M$40.7M5xas long as short
Pacifica LIT+0.0100%1h4.7330+0.135%$572K$1.6M10xas long as short
Binance LITUSDTlong+0.0100%4h4.7266long leg$75.9M$77.5M75x
Arcus LIT-USD+0.0100%1h4.7299+0.070%$119K$457K5xas long as short
Gate LIT_USDT+0.0100%4h4.7290+0.051%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7263−0.006%$5.8M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.7340+0.157%$6.8M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7444+0.377%$664K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.7301+0.074%$289K$303K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7310+0.093%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7278+0.025%$444K$87K10xas long as short
Derive LIT-PERP+0.0100%1h4.7457+0.404%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7401+0.286%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7438+0.364%$1K$351K5xas long as short
HTX LIT-USDT+0.0100%4h4.7426+0.339%$201K$347K30xas long as short
Bulk LIT-USD+0.0100%1h4.7306+0.085%$118K$7K10xas long as short
Extended LIT-USD+0.0104%1h4.7257−0.018%$5.2M$4.9M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7270+0.009%$148K3xas long as short
Lighter RH LIT+0.0168%1h4.7365+0.209%$3.7M$13.0M5xas long as short
Aster LITUSDT+0.0212%4h4.7367+0.214%$12.7M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7394+0.271%$1.6M$1.9M75xas long as short
Aftermath Perps LITUSD+0.0418%1h4.7395+0.274%$8K$204K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0438% / S −0.0231%1h4.7288+0.046%$65K50xas long as short
Perpl LITshort+0.0447%43m4.7314+0.101%$31K$705K33x