LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.047%

Price spread now: Extended against Coinbase International+0.107%7-day average −0.171% · you sell dearer than you buy

Net, funding: paid 7d − costs+$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$580.583% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.999%+$100 on $10k

Price spread, last 3 days (all we have)−0.564%−$56 · spread now +0.107%, 7d avg −0.171%

Together, before fees+0.435%+ Points / potential airdropExtended: Active · farm board+$43 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 Extended is 0.278% dearer against Coinbase International than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.171%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7498	−0.0088	get 0.0011% / 1h	42m 36s	$672K	$402K	50x
Short	Extended LIT-USD	4.7549	0.0104	get 0.0013% / 1h	42m 36s	$5.2M	$5.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.107%Rate

Funding earned: $40.32
Price spread: +0.107% → −0.171%: $27.81
Slippage, 4 orders: −$43.32
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $9.8
Costs to cover: 0.583%
Break-even: 5.3 days

Slippage from Coinbase International: live order book, 31 min ago; Extended: 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, 31 min ago	6.60 bp	30.8 bp −$31	78.2 bp −$782	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.32 bp	2.9 bp −$3	20.2 bp −$202	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	−0.0639%	1h	4.7523	+0.052%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0512%	4h	4.7471	−0.057%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0400%	1h	4.7564	+0.139%	$33K	$4K	5x	as long as short
Gate LIT_USDT	−0.0366%	4h	4.7530	+0.067%	$2.8M	$4.4M	50x	as long as short
Bullet LIT-USD	−0.0324%	1h	4.7464	−0.072%	$85K	$77K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0255%	4h	4.7583	+0.179%	$25.8M	$64.2M	50x	as long as short
Phemex LITUSDT	−0.0149%	4h	4.7510	+0.025%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0146%	4h	4.7490	−0.017%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0088%	1h	4.7498	long leg	$672K	$402K	50x
Backpack LIT_USDC_PERP	−0.0070%	1h	4.7549	+0.107%	$685K	$1.4M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.7328	−0.358%	$205K	$361K	5x	as long as short
ApeX Omni LITUSDT	−0.0028%	1h	4.7370	−0.270%	$56K	$77K	50x	as long as short
Perpl LIT	0.0000%	43m	4.7623	+0.263%	$31K	$860K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7511	+0.027%	$35K	—	150x	as long as short
dYdX LIT-USD	+0.0007%	1h	4.7561	+0.132%	$34K	—	5x	as long as short
GRVT LIT_USDT_Perp	+0.0024%	4h	4.7420	−0.165%	$899K	$1.8M	10x	as long as short
Nado LIT-PERP	+0.0033%	1h	4.7565	+0.141%	$2.2M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.141%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0041%	8h	4.7490	−0.016%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7577	+0.166%	$59.5M	$29.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7622	+0.261%	$12.7M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7537	+0.082%	$590K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7560	+0.131%	$75.9M	$81.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7571	+0.153%	$42.9M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7584	+0.181%	$118K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7141	−0.752%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7493	−0.011%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7600	+0.215%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7332	−0.351%	$288K	$312K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7600	+0.215%	$450K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7557	+0.124%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7403	−0.200%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7515	+0.036%	$994	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7481	−0.036%	$189K	$347K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7589	+0.191%	$3.7M	$13.7M	5x	as long as short
Extended LIT-USDshort	+0.0104%	1h	4.7549	+0.107%	$5.2M	$5.2M	25x
Aevo LIT-PERP	+0.0104%	1h	4.7497	−0.002%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7624	+0.264%	$812K	$2.0M	5x	as long as short
Hyperliquid LIT	+0.0212%	1h	4.7681	+0.385%	$213.9M	$44.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0324%	1h	4.7365	−0.280%	$10K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7509	+0.023%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0384% / S −0.0176%	1h	4.7510	+0.024%	$63K	—	50x	as long as short