Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0532%/8h= +58.3% APRpaid last 24h +0.130%

Price spread now: BloFin against Coinbase International+0.418%58s7-day average −0.190% · you sell dearer than you buy

Net, funding: paid 7d − costs+$61as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.606% of the position

Long on Coinbase International Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+1.217%+$122 on $10k

Price spread, last 4 days (all we have)−1.148%−$115 · spread now +0.418%, 7d avg −0.190%

Together, before fees+0.069%+$7 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 BloFin is 0.608% dearer against Coinbase International than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of −0.190%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.6904	−0.0192	get 0.0024% / 1h	1m 33s	$613K	$352K	50x
Short	BloFin LIT-USDT	4.7100	0.0340	get 0.0170% / 4h	1m 33s	$1.5M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BloFinbpOrdersPrice spread, now +0.418%Rate

Funding earned: $111.72
Price spread: +0.418% → −0.190%: $60.82
Slippage, 4 orders: −$38.57
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $111.97
Costs to cover: 0.606%
Break-even: from the start

Slippage from Coinbase International: live order book, 57 min ago; BloFin: live order book, 1 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 Coinbase International live order book, 57 min ago	7.27 bp	20.6 bp −$21	71.1 bp −$711	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	2.02 bp	9.6 bp −$10	doesn't fit	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	−0.0419%	1h	4.7066	+0.345%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7099	+0.416%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7014	+0.235%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0293%	1h	4.7108	+0.435%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0192%	1h	4.6904	long leg	$613K	$352K	50x
Gate LIT_USDT	−0.0122%	4h	4.7140	+0.503%	$2.7M	$4.3M	50x	as long as short
Phemex LITUSDT	−0.0104%	4h	4.7050	+0.311%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0101%	4h	4.7130	+0.482%	$41.3M	$28.9M	75x	as long as short
Phoenix LIT	−0.0034%	1h	4.7099	+0.416%	$203K	$305K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7192	+0.613%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7136	+0.495%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0010%	4h	4.7141	+0.506%	$25.3M	$61.3M	50x	as long as short
KuCoin LITUSDTM	+0.0016%	4h	4.7116	+0.452%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.422%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0066%	1h	4.7120	+0.461%	$2.2M	$1.7M	10x	as long as short
Backpack LIT_USDC_PERP	+0.0066%	1h	4.7094	+0.405%	$663K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0067%	1h	4.7080	+0.375%	$56K	$76K	50x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.7104	+0.426%	$6K	$2K	5x	as long as short
Extended LIT-USD	+0.0072%	1h	4.7122	+0.464%	$5.2M	$5.0M	25x	as long as short
Aftermath Perps LITUSD	+0.0073%	1h	4.7095	+0.408%	$10K	$204K	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.7166	+0.558%	$786K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7184	+0.597%	$58.8M	$29.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7218	+0.670%	$3.8M	$13.5M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7207	+0.646%	$210.8M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7157	+0.540%	$576K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7123	+0.468%	$75.4M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7152	+0.529%	$118K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	+0.329%	$120K	$4K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7129	+0.480%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7150	+0.525%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7105	+0.430%	$288K	$305K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7089	+0.395%	$906K	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7138	+0.499%	$441K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7095	+0.408%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7069	+0.352%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7075	+0.365%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7133	+0.488%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7056	+0.325%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7180	+0.589%	$31K	$760K	33x	as long as short
Aster LITUSDT	+0.0244%	4h	4.7192	+0.614%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.7100	+0.418%	$1.5M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7140	+0.504%	$65K	—	50x	as long as short