LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.091%

Price spread now: Hyperliquid against Coinbase International+0.834%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs+$63as in the Funding arb table

Net, price: spread back to 7d avg − costs+$37as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on Coinbase International Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+1.125%+$113 on $10k

Price spread, last 4 days (all we have)−1.797%−$180 · spread now +0.834%, 7d avg −0.029%

Together, before fees−0.672%+ Points / potential airdropHyperliquid: Season 2 · farm board−$67 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.863% dearer against Coinbase International than usual: you sell high and buy low: +$86 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.6800	−0.0024	get 0.0003% / 1h	18m 39s	$611K	$411K	50x
Short	Hyperliquid LIT	4.7190	0.0100	get 0.0013% / 1h	18m 39s	$210.8M	$40.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.834%Rate

Funding earned: $26.04
Price spread: +0.834% → −0.029%: $86.33
Slippage, 4 orders: −$30.67
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $62.71
Costs to cover: 0.497%
Break-even: from the start

Slippage from Coinbase International: live order book, 45 min ago; Hyperliquid: live order book, 5 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, 45 min ago	9.38 bp	15.6 bp −$16	49.5 bp −$495	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 5 min ago	0.53 bp	7.0 bp −$7	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
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7010	+0.450%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0304%	1h	4.7069	+0.575%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.7063	+0.563%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0238%	1h	4.7065	+0.567%	$85K	$68K	20x	as long as short
Gate LIT_USDT	−0.0098%	4h	4.7150	+0.749%	$2.8M	$4.3M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.7084	+0.608%	$202K	$341K	5x	as long as short
Phemex LITUSDT	−0.0031%	4h	4.7100	+0.642%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0024%	1h	4.6800	long leg	$611K	$411K	50x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7096	+0.634%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7181	+0.814%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	+0.0027%	1h	4.7030	+0.492%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.650%	$422	$178K	5.5x	as long as short
OKX LIT-USDT-SWAP	+0.0034%	4h	4.7169	+0.789%	$25.4M	$61.8M	50x	as long as short
KuCoin LITUSDTM	+0.0034%	4h	4.7170	+0.791%	$5.3M	$1.0M	30x	as long as short
GRVT LIT_USDT_Perp	+0.0054%	4h	4.6940	+0.300%	$911K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0075%	8h	4.7123	+0.691%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7182	+0.817%	$58.8M	$28.8M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7181	+0.814%	$797K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7075	+0.590%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LITshort	+0.0100%	1h	4.7190	+0.834%	$210.8M	$40.8M	5x
Pacifica LIT	+0.0100%	1h	4.7164	+0.779%	$583K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7130	+0.706%	$75.0M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7131	+0.708%	$41.8M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7152	+0.753%	$123K	$454K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6864	+0.138%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7134	+0.715%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7170	+0.791%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7178	+0.809%	$694K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7010	+0.450%	$286K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7079	+0.597%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7097	+0.636%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7042	+0.518%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7087	+0.614%	$2K	$403K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7080	+0.599%	$195K	$379K	30x	as long as short
Lighter RH LIT	+0.0104%	1h	4.7203	+0.862%	$3.7M	$13.3M	5x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7133	+0.712%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7052	+0.540%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0172%	1h	4.6992	+0.412%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0203%	4h	4.7200	+0.856%	$12.6M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7044	+0.522%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0415% / S −0.0211%	1h	4.7092	+0.626%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7084	+0.607%	$31K	$814K	33x	as long as short