Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.041%

Price spread now: edgeX against Coinbase International+0.084%7-day average −0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs+$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$620.624% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.889%+$89 on $10k

Price spread, last 3 days (all we have)−0.646%−$65 · spread now +0.084%, 7d avg −0.099%

Together, before fees+0.243%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.182% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.099%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7349	−0.0152	get 0.0019% / 1h	47m 06s	$653K	$399K	50x
Short	edgeX LITUSDC	4.7388	0.0051	get 0.0025% / 4h	2h 47m	$288K	$312K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $42.59
Price spread: +0.084% → −0.099%: $18.23
Slippage, 4 orders: −$43.42
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$1.6
Costs to cover: 0.624%
Break-even: 7.3 days

Slippage from Coinbase International: live order book, 41 min ago; edgeX: live order book, 41 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, 41 min ago	7.23 bp	22.1 bp −$22	51.4 bp −$514	doesn't fit	doesn't fit
Sell edgeX live order book, 41 min ago	5.18 bp	11.6 bp −$12	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	−0.1191%	1h	4.7115	−0.494%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0672%	1h	4.7166	−0.386%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0629%	1h	4.7160	−0.398%	$662K	$1.5M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0577%	4h	4.7059	−0.612%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0552%	4h	4.7130	−0.462%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0414%	4h	4.7150	−0.419%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0328%	4h	4.7105	−0.514%	$5.3M	$1.1M	30x	as long as short
Bullet LIT-USD	−0.0303%	1h	4.7188	−0.340%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0302%	4h	4.7112	−0.500%	$24.9M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0278%	4h	4.7360	+0.023%	$897K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0239%	4h	4.7119	−0.485%	$42.5M	$30.4M	75x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0152%	1h	4.7349	long leg	$653K	$399K	50x
Nado LIT-PERP	−0.0150%	1h	4.7215	−0.282%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0092%	1h	4.7112	−0.500%	$976	$484K	5x	as long as short
Extended LIT-USD	−0.0080%	1h	4.7116	−0.492%	$5.2M	$5.1M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7435	+0.182%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0017%	8h	4.7217	−0.278%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7290	−0.123%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7244	−0.221%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7274	−0.158%	$813K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.460%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0037%	4h	4.7079	−0.569%	$74.4M	$80.9M	75x	as long as short
MEXC LIT_USDT	+0.0040%	4h	4.7093	−0.540%	$5.8M	$4.2M	100x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7110	−0.503%	$147K	$44K	3x	as long as short
edgeX LITUSDCshort	+0.0051%	4h	4.7388	+0.084%	$288K	$312K	10x
Polymarket Perps LIT-USD	+0.0070%	1h	4.7234	−0.242%	$446K	$105K	10x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	+0.102%	$119K	$7K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7209	−0.295%	$59.2M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7149	−0.422%	$209.5M	$44.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7237	−0.236%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7278	−0.149%	$593K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7248	−0.212%	$117K	$442K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7130	−0.462%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7450	+0.214%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7166	−0.386%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7151	−0.417%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7273	−0.160%	$189K	$327K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7268	−0.169%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0147%	4h	4.7025	−0.683%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7458	+0.231%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7221	−0.269%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0387% / S −0.0190%	1h	4.7234	−0.242%	$59K	—	50x	as long as short