Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0333%/8h= −36.4% APRpaid last 24h −0.045%

Price spread now: OKX against Coinbase International−0.122%7-day average −0.130% · you buy dearer than you sell

Net, funding: paid 7d − costs+$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on Coinbase International Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.722%+$72 on $10k

Price spread, last 3 days (all we have)−0.110%−$11 · spread now −0.122%, 7d avg −0.130%

Together, before fees+0.612%+$61 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.130%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.722%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7929	−0.0120	get 0.0015% / 1h	55m 38s	$678K	$405K	50x
Short	OKX LIT-USDT-SWAP	4.7871	−0.0453	pay 0.0226% / 4h	55m 38s	$26.0M	$64.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.122%Rate

Funding earned: −$69.84
Price spread: −0.122% → −0.130%: $0.85
Slippage, 4 orders: −$31.44
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$120.43
Costs to cover: 0.514%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 23 min ago; OKX: live order book, 3 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, 23 min ago	10.26 bp	15.3 bp −$15	53.3 bp −$533	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.21 bp	9.4 bp −$9	31.8 bp −$318	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
Gate LIT_USDT	−0.1036%	4h	4.7900	−0.061%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0707%	1h	4.7903	−0.056%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0621%	4h	4.7855	−0.155%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0478%	4h	4.7910	−0.040%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAPshort	−0.0453%	4h	4.7871	−0.122%	$26.0M	$64.3M	50x
01 Exchange LITUSD	−0.0416%	1h	4.7888	−0.086%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0331%	1h	4.7913	−0.034%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7889	−0.084%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0196%	4h	4.7876	−0.111%	$43.2M	$30.1M	75x	as long as short
Aftermath Perps LITUSD	−0.0122%	1h	4.7737	−0.401%	$13K	$203K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0120%	4h	4.7610	−0.666%	$907K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0120%	1h	4.7929	long leg	$678K	$405K	50x
Phoenix LIT	−0.0034%	1h	4.7829	−0.209%	$208K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7872	−0.119%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7923	−0.013%	$32K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7952	+0.047%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0008%	8h	4.7854	−0.157%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7901	−0.059%	$824K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.231%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0061%	4h	4.7594	−0.700%	$290K	$309K	10x	as long as short
MEXC LIT_USDT	+0.0062%	4h	4.7874	−0.116%	$5.7M	$4.1M	100x	as long as short
Binance LITUSDT	+0.0067%	4h	4.7851	−0.164%	$76.1M	$81.3M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7890	−0.081%	$150K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7954	+0.051%	$60.4M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7907	−0.048%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7986	+0.118%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7910	−0.040%	$621K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7887	−0.088%	$119K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7566	−0.758%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7900	−0.061%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7957	+0.058%	$674K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7730	−0.416%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7936	+0.014%	$453K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7950	+0.043%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7919	−0.022%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7920	−0.020%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7814	−0.241%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7857	−0.151%	$5.3M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7971	+0.087%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0248%	4h	4.7802	−0.266%	$1.6M	$2.1M	75x	as long as short
Hyperliquid LIT	+0.0282%	1h	4.7991	+0.129%	$215.1M	$44.8M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0379% / S −0.0169%	1h	4.7954	+0.050%	$63K	—	50x	as long as short