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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0252%/8h= −27.6% APRnext payment $0.32 per $10,000 · paid last 24h −0.040%
Price spread now: Coinbase International against Bulk+0.563%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.211%−$21 on $10k
Price spread, last 3 days (all we have)+0.089%+$9 · spread now +0.563%, 7d avg +0.077%
Together, before fees−0.121%−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.486% dearer against Bulk than usual: you sell high and buy low (spread +0.563% now, against its 7-day average of +0.077%): +$49 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk LIT-USD4.74540.0100pay 0.0013% / 1h14m 41s$119K$6K10x
ShortCoinbase International LIT-PERP-INTX4.7721−0.0152pay 0.0019% / 1h14m 41s$660K$404K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bulk. 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
−$52.92
Price spread: +0.563% → +0.077%
$48.59
Slippage, 4 orders
−$38.9
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$60.23
Costs to cover
0.559%
Break-even
never at this rate
Slippage from Bulk: live order book, 9 min ago; Coinbase International: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bulk live order book, 9 min ago0.74 bp4.6 bp −$524.3 bp −$24383.9 bp −$8,394doesn't fit
Sell Coinbase International live order book, 8 min ago8.70 bp19.8 bp −$2059.0 bp −$590doesn'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
Deribit LIT_USDC-PERPETUAL−0.1042%1h4.7605+0.318%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0611%4h4.7562+0.228%$33K$2K10xas long as short
Gate LIT_USDT−0.0570%4h4.7600+0.308%$2.8M$4.5M50xas long as short
Phemex LITUSDT−0.0568%4h4.7580+0.266%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0560%1h4.7551+0.204%$33K$4K5xas long as short
Bullet LIT-USD−0.0344%1h4.7594+0.295%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0332%4h4.7581+0.268%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0294%4h4.7610+0.329%$43.0M$30.7M75xas long as short
KuCoin LITUSDTM−0.0278%4h4.7645+0.402%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582+0.270%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0244%1h4.7637+0.386%$669K$1.5M5xas long as short
Coinbase International LIT-PERP-INTXshort−0.0152%1h4.7721+0.563%$660K$404K50x
Aftermath Perps LITUSD−0.0067%1h4.7610+0.329%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7660+0.434%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7558+0.220%$6K$2K5xas long as short
SoDEX LIT-USD−0.0020%1h4.7594+0.295%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7646+0.404%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7659+0.432%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7639+0.390%$830K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0021%1h4.7612+0.333%$450K$105K10xas long as short
Nado LIT-PERP+0.0022%1h4.7585+0.276%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.235%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7566+0.236%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0045%4h4.7566+0.235%$75.3M$81.5M75xas long as short
edgeX LITUSDC+0.0046%4h4.7599+0.305%$290K$312K10xas long as short
Aevo LIT-PERP+0.0064%1h4.7581+0.268%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7675+0.466%$59.8M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7686+0.489%$212.4M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7661+0.436%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7638+0.388%$587K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7609+0.327%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7610+0.329%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7650+0.413%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7654+0.421%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7624+0.358%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7651+0.415%$191K$329K30xas long as short
Bulk LIT-USDlong+0.0100%1h4.7454long leg$119K$6K10x
Extended LIT-USD+0.0104%1h4.7573+0.251%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7665+0.445%$32K$839K33xas long as short
BloFin LIT-USDT+0.0182%4h4.7612+0.333%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0359% / S −0.0155%1h4.7651+0.415%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7700+0.518%$3.7M$14.2M5xas long as short