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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.047%
Price spread now: Bulk against Coinbase International−0.204%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.219%+$22 on $10k
Price spread, last 3 days (all we have)−0.053%−$5 · spread now −0.204%, 7d avg −0.099%
Together, before fees+0.166%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.105% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.204% now, against its 7-day average of −0.099%). If the spread goes back, that is −$10 on $10k: about 46 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7644−0.0088get 0.0011% / 1h19m 53s$674K$391K50x
ShortBulk LIT-USD4.75470.0096get 0.0012% / 1h19m 53s$119K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
$38.56
Price spread: −0.204% → −0.099%
−$10.46
Slippage, 4 orders
−$48.38
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$37.27
Costs to cover
0.654%
Break-even
13.8 days
Slippage from Coinbase International: live order book, 53 min ago; Bulk: live order book, 54 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, 53 min ago6.60 bp30.8 bp −$3178.2 bp −$782doesn't fitdoesn't fit
Sell Bulk live order book, 54 min ago1.70 bp9.4 bp −$919.6 bp −$19653.7 bp −$5,370doesn'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−0.0762%1h4.7577−0.141%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0497%4h4.7523−0.254%$33K$2K10xas long as short
01 Exchange LITUSD−0.0416%1h4.7603−0.086%$33K$4K5xas long as short
Bullet LIT-USD−0.0351%1h4.7573−0.149%$85K$72K20xas long as short
ApeX Omni LITUSDT−0.0222%1h4.7460−0.387%$57K$77K50xas long as short
OKX LIT-USDT-SWAP−0.0199%4h4.7594−0.105%$25.9M$63.7M50xas long as short
KuCoin LITUSDTM−0.0134%4h4.7563−0.170%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTXlong−0.0088%1h4.7644long leg$674K$391K50x
GRVT LIT_USDT_Perp−0.0078%4h4.7470−0.365%$908K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7514−0.273%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7674+0.061%$32K$855K33xas long as short
dYdX LIT-USD+0.0003%1h4.7642−0.004%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7620−0.051%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.831%$422$178K5.5xas long as short
Nado LIT-PERP+0.0040%1h4.7604−0.083%$2.2M$1.7M10xas long as short
Paradex LIT-USD-PERP+0.0044%8h4.7585−0.125%$7K$2K5xas long as short
Bulk LIT-USDshort+0.0096%1h4.7547−0.204%$119K$1K10x
Lighter LIT+0.0096%1h4.76440.000%$59.6M$29.9M5xas long as short
Polymarket Perps LIT-USD+0.0098%1h4.7632−0.026%$450K$104K10xas long as short
Aster LITUSDT+0.0100%4h4.7663+0.039%$12.7M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7635−0.020%$593K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7576−0.143%$75.9M$80.3M75xas long as short
Bybit LITUSDT+0.0100%4h4.7581−0.133%$42.8M$29.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7628−0.034%$118K$450K5xas long as short
Gate LIT_USDT+0.0100%4h4.7580−0.135%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7575−0.145%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7630−0.030%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7609−0.074%$690K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7466−0.373%$289K$308K10xas long as short
Derive LIT-PERP+0.0100%1h4.7617−0.058%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7625−0.040%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7579−0.137%$986$454K5xas long as short
HTX LIT-USDT+0.0100%4h4.7599−0.095%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7580−0.135%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7566−0.165%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7573−0.149%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7658+0.028%$794K$2.0M5xas long as short
Lighter RH LIT+0.0176%1h4.7667+0.048%$3.7M$13.7M5xas long as short
Hyperliquid LIT+0.0332%1h4.7671+0.056%$214.0M$43.9M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7505−0.292%$1.6M$2.0M75xas long as short
Aftermath Perps LITUSD+0.0387%1h4.7608−0.075%$9K$202K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0398% / S −0.0187%1h4.7615−0.060%$64K50xas long as short