Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.041%

Price spread now: Coinbase International against Bitget+0.128%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1000.999% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.943%−$94 on $10k

Price spread, last 3 days (all we have)+0.517%+$52 · spread now +0.128%, 7d avg +0.063%

Together, before fees−0.426%−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.066% dearer against Bitget than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.063%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LITUSDT	4.7660	0.0100	pay 0.0050% / 4h	2h 16m	$6.8M	$2.7M	20x
Short	Coinbase International LIT-PERP-INTX	4.7721	−0.0152	pay 0.0019% / 1h	16m 50s	$660K	$404K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$52.92
Price spread: +0.128% → +0.063%: $6.58
Slippage, 4 orders: −$77.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$146.29
Costs to cover: 0.999%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago	4.20 bp	27.7 bp −$28	117.5 bp −$1,175	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	8.70 bp	19.8 bp −$20	59.0 bp −$590	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	−0.0999%	1h	4.7598	−0.131%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0610%	4h	4.7546	−0.239%	$33K	$2K	10x	as long as short
Gate LIT_USDT	−0.0600%	4h	4.7640	−0.042%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0562%	4h	4.7570	−0.189%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7565	−0.199%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0338%	1h	4.7599	−0.128%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0327%	4h	4.7651	−0.019%	$25.1M	$62.3M	50x	as long as short
Bybit LITUSDT	−0.0294%	4h	4.7650	−0.021%	$43.1M	$30.6M	75x	as long as short
KuCoin LITUSDTM	−0.0284%	4h	4.7667	+0.015%	$5.3M	$1.1M	30x	as long as short
Backpack LIT_USDC_PERP	−0.0264%	1h	4.7638	−0.046%	$669K	$1.5M	5x	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	−0.0264%	4h	4.7613	−0.099%	$901K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0152%	1h	4.7721	+0.128%	$660K	$404K	50x
Phoenix LIT	−0.0050%	1h	4.7660	0.000%	$248K	$321K	5x	as long as short
Aftermath Perps LITUSD	−0.0041%	1h	4.7606	−0.114%	$12K	$199K	10x	as long as short
Paradex LIT-USD-PERP	−0.0022%	8h	4.7588	−0.151%	$6K	$2K	5x	as long as short
SoDEX LIT-USD	0.0000%	1h	4.7590	−0.147%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7638	−0.047%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7647	−0.027%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7634	−0.055%	$830K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0016%	1h	4.7604	−0.117%	$2.2M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0026%	1h	4.7606	−0.113%	$450K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.797%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0044%	4h	4.7605	−0.115%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0044%	4h	4.7633	−0.057%	$290K	$311K	10x	as long as short
Binance LITUSDT	+0.0046%	4h	4.7623	−0.078%	$75.4M	$81.4M	75x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7588	−0.152%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7682	+0.046%	$59.8M	$30.1M	5x	as long as short
Extended LIT-USD	+0.0096%	1h	4.7617	−0.089%	$5.3M	$5.2M	25x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7682	+0.046%	$212.2M	$45.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7651	−0.018%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7655	−0.010%	$588K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7621	−0.082%	$117K	$449K	5x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.7660	long leg	$6.8M	$2.7M	20x
ApeX Omni LITUSDT	+0.0100%	1h	4.7680	+0.042%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7636	−0.049%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7629	−0.065%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7684	+0.050%	$191K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.432%	$119K	$6K	10x	as long as short
Perpl LIT	+0.0112%	43m	4.7626	−0.071%	$31K	$839K	33x	as long as short
BloFin LIT-USDT	+0.0184%	4h	4.7575	−0.178%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0358% / S −0.0155%	1h	4.7641	−0.041%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0424%	1h	4.7698	+0.080%	$3.7M	$14.2M	5x	as long as short