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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0548%/8h= +60.0% APRnext payment +$0.68 per $10,000 · paid last 24h +0.067%
Price spread now: Arcus against Coinbase International+0.154%7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.267%+$27 on $10k
Price spread, last 4 days (all we have)−0.451%−$45 · spread now +0.154%, 7d avg −0.083%
Together, before fees−0.183%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Arcus is 0.237% dearer against Coinbase International than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7300−0.0448get 0.0056% / 1h42m 19s$612K$358K50x
ShortArcus LIT-USD4.73730.0100get 0.0013% / 1h42m 19s$119K$457K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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
$115.08
Price spread: +0.154% → −0.083%
$23.67
Slippage, 4 orders
−$34.49
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$89.76
Costs to cover
0.490%
Break-even
1.5 days
Slippage from Coinbase International: live order book, 6 min ago; Arcus: live order book, 6 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 Coinbase International live order book, 6 min ago7.20 bp18.8 bp −$1972.4 bp −$724doesn't fitdoesn't fit
Sell Arcus live order book, 6 min ago3.26 bp8.2 bp −$813.4 bp −$134doesn'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
Coinbase International LIT-PERP-INTXlong−0.0448%1h4.7300long leg$612K$358K50x
Orderly PERP_LIT_USDC−0.0384%4h4.7318+0.038%$32K$1K10xas long as short
Phemex LITUSDT−0.0313%4h4.7290−0.022%$1.4M$2.8M20xas long as short
01 Exchange LITUSD−0.0312%1h4.7297−0.007%$31K$5K5xas long as short
GRVT LIT_USDT_Perp−0.0218%4h4.7321+0.044%$897K$1.8M10xas long as short
Bullet LIT-USD−0.0156%1h4.7358+0.123%$85K$68K20xas long as short
OKX LIT-USDT-SWAP−0.0143%4h4.7368+0.143%$25.4M$60.7M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0134%1h4.7387+0.184%$42K$40K10xas long as short
Bybit LITUSDT−0.0122%4h4.7362+0.131%$41.3M$28.6M75xas long as short
Phoenix LIT−0.0017%1h4.7396+0.203%$204K$283K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx LIT/USDC−0.0012%1h4.7356+0.119%$818K$2.2M5xas long as short
KuCoin LITUSDTM−0.0008%4h4.7368+0.143%$5.3M$1.0M30xas long as short
dYdX LIT-USD0.0000%1h4.7373+0.154%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7390+0.190%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.564%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0092%8h4.7309+0.020%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7386+0.181%$59.1M$27.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7316+0.032%$2.2M$1.6M10xas long as short
Hyperliquid LIT+0.0100%1h4.7433+0.281%$212.1M$40.7M5xas long as short
Pacifica LIT+0.0100%1h4.7366+0.139%$573K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7359+0.124%$76.0M$77.5M75xas long as short
Arcus LIT-USDshort+0.0100%1h4.7373+0.154%$119K$457K5x
Gate LIT_USDT+0.0100%4h4.7370+0.148%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7341+0.086%$5.8M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.7390+0.190%$6.8M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7341+0.086%$663K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.7412+0.235%$290K$305K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7340+0.084%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7370+0.148%$445K$86K10xas long as short
Derive LIT-PERP+0.0100%1h4.7399+0.209%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7320+0.042%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7379+0.167%$1K$351K5xas long as short
HTX LIT-USDT+0.0100%4h4.7384+0.177%$200K$348K30xas long as short
Bulk LIT-USD+0.0100%1h4.7306+0.012%$118K$7K10xas long as short
Extended LIT-USD+0.0104%1h4.7361+0.128%$5.2M$4.9M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7370+0.148%$148K3xas long as short
Lighter RH LIT+0.0128%1h4.7405+0.222%$3.7M$13.0M5xas long as short
Aster LITUSDT+0.0209%4h4.7392+0.194%$12.7M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7290−0.022%$1.6M$1.9M75xas long as short
Aftermath Perps LITUSD+0.0413%1h4.7404+0.218%$8K$204K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0439% / S −0.0231%1h4.7382+0.172%$66K50xas long as short
Perpl LIT+0.0447%43m4.7386+0.182%$31K$705K33xas long as short