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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.031%
Price spread now: Hyperliquid against BloFin+0.346%47s7-day average +0.155% · 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−0.102%−$10 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.346%, 7d avg +0.155%
Together, before fees−0.236%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.191% dearer against BloFin than usual: you sell high and buy low (spread +0.346% now, against its 7-day average of +0.155%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 7 days (−0.102% in total) that is about 13 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% 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
LongBloFin LIT-USDT4.71620.0340pay 0.0170% / 4h3h 46m$1.6M$2.1M75x
ShortHyperliquid LIT4.73250.0104get 0.0013% / 1h46m 15s$212.3M$44.8M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
−$49.56
Price spread: +0.346% → +0.155%
$19.1
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$51.46
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 2 min ago; Hyperliquid: live order book, 8 min ago. 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 BloFin live order book, 2 min ago0.11 bp16.4 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago0.85 bpdoesn't fitdoesn't fitdoesn'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
Gate LIT_USDT−0.0786%4h4.7270+0.229%$2.8M$4.4M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0665%1h4.7293+0.277%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0517%4h4.7241+0.168%$32K$2K10xas long as short
01 Exchange LITUSD−0.0448%1h4.7291+0.274%$33K$4K5xas long as short
Bullet LIT-USD−0.0339%1h4.7258+0.203%$84K$77K20xas long as short
OKX LIT-USDT-SWAP−0.0271%4h4.7289+0.269%$25.6M$63.8M50xas long as short
ApeX Omni LITUSDT−0.0170%1h4.7130−0.068%$55K$77K50xas long as short
Backpack LIT_USDC_PERP−0.0168%1h4.7328+0.352%$681K$1.4M5xas long as short
KuCoin LITUSDTM−0.0164%4h4.7265+0.218%$5.2M$1.1M30xas long as short
Phemex LITUSDT−0.0114%4h4.7270+0.229%$1.4M$2.7M20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0088%1h4.7414+0.533%$670K$402K50xas long as short
GRVT LIT_USDT_Perp−0.0074%4h4.7138−0.052%$894K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7178+0.034%$204K$361K5xas long as short
dYdX LIT-USD0.0000%1h4.7282+0.255%$34K5xas long as short
Perpl LIT0.0000%43m4.7268+0.225%$31K$860K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7301+0.295%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.862%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0037%8h4.7231+0.146%$7K$2K5xas long as short
Nado LIT-PERP+0.0039%1h4.7255+0.197%$2.2M$1.7M10xas long as short
Lighter LIT+0.0096%1h4.7356+0.411%$59.2M$29.5M5xas long as short
Lighter RH LIT+0.0096%1h4.7388+0.479%$3.7M$13.6M5xas long as short
Aster LITUSDT+0.0100%4h4.7327+0.349%$12.7M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7252+0.191%$587K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7275+0.239%$75.4M$81.3M75xas long as short
Bybit LITUSDT+0.0100%4h4.7286+0.263%$42.6M$30.0M75xas long as short
Arcus LIT-USD+0.0100%1h4.7289+0.269%$117K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7141−0.045%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7262+0.212%$5.6M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7310+0.314%$6.7M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7147−0.033%$287K$311K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7258+0.204%$446K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7310+0.313%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7222+0.127%$5K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7299+0.290%$996$463K5xas long as short
HTX LIT-USDT+0.0100%4h4.7344+0.386%$188K$347K30xas long as short
Hyperliquid LITshort+0.0104%1h4.7325+0.346%$212.3M$44.8M5x
Extended LIT-USD+0.0104%1h4.7275+0.240%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7291+0.274%$148K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7313+0.320%$797K$2.0M5xas long as short
Aftermath Perps LITUSD+0.0289%1h4.7251+0.188%$10K$205K10xas long as short
BloFin LIT-USDTlong+0.0340%4h4.7162long leg$1.6M$2.1M75x
GMX LIT/USD [ETH-USDC]L +0.0383% / S −0.0175%1h4.7307+0.308%$63K50xas long as short