Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.067%

Price spread now: HTX against Coinbase International+0.298%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$1041.043% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.938%+$94 on $10k

Price spread, last 4 days (all we have)−0.551%−$55 · spread now +0.298%, 7d avg +0.022%

Together, before fees+0.387%+$39 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 HTX is 0.277% 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 +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.8470	−0.0448	get 0.0056% / 1h	18m 08s	$613K	$370K	50x
Short	HTX LIT-USDT	4.8615	0.0100	get 0.0050% / 4h	2h 18m	$202K	$342K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.298%Rate

Funding earned: $115.08
Price spread: +0.298% → +0.022%: $27.67
Slippage, 4 orders: −$82.29
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $38.45
Costs to cover: 1.043%
Break-even: 4.7 days

Slippage from Coinbase International: live order book, 30 min ago; HTX: live order book, 29 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, 30 min ago	7.20 bp	18.8 bp −$19	72.4 bp −$724	doesn't fit	doesn't fit
Sell HTX live order book, 29 min ago	20.51 bp	34.3 bp −$34	148.6 bp −$1,486	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
Coinbase International LIT-PERP-INTXlong	−0.0448%	1h	4.8470	long leg	$613K	$370K	50x
Orderly PERP_LIT_USDC	−0.0354%	4h	4.8660	+0.391%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0238%	1h	4.8713	+0.501%	$43K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0216%	1h	4.8602	+0.272%	$32K	$4K	5x	as long as short
Bullet LIT-USD	−0.0166%	1h	4.8669	+0.410%	$87K	$66K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0144%	4h	4.7790	−1.404%	$891K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0143%	4h	4.8663	+0.397%	$26.2M	$63.0M	50x	as long as short
Phemex LITUSDT	−0.0140%	4h	4.8690	+0.453%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0017%	1h	4.8141	−0.680%	$207K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8608	+0.284%	$845K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.8471	+0.002%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8711	+0.496%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.888%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0046%	4h	4.8737	+0.550%	$5.5M	$1.0M	30x	as long as short
Bybit LITUSDT	+0.0058%	4h	4.8675	+0.422%	$42.2M	$28.8M	75x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8413	−0.118%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8756	+0.589%	$60.7M	$28.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8610	+0.288%	$2.2M	$1.7M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8465	−0.010%	$620K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8679	+0.430%	$78.2M	$77.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8609	+0.286%	$116K	$465K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7822	−1.337%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8740	+0.556%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8689	+0.451%	$6.1M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8760	+0.597%	$7.0M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8767	+0.612%	$683K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8045	−0.877%	$294K	$304K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7750	−1.486%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8615	+0.298%	$457K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8731	+0.537%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8690	+0.453%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8705	+0.484%	$1K	$336K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.8615	+0.298%	$202K	$342K	30x
Extended LIT-USD	+0.0104%	1h	4.8753	+0.582%	$5.3M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8700	+0.474%	$152K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.8774	+0.626%	$3.7M	$13.3M	5x	as long as short
Hyperliquid LIT	+0.0204%	1h	4.8813	+0.707%	$220.0M	$41.1M	5x	as long as short
Aster LITUSDT	+0.0227%	4h	4.8780	+0.640%	$13.0M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0261%	1h	4.8071	−0.825%	$9K	$217K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8370	−0.207%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0429% / S −0.0217%	1h	4.8718	+0.511%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8614	+0.297%	$35K	$686K	33x	as long as short