Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0252%/8h= +27.6% APRnext payment +$0.32 per $10,000 · paid last 24h +0.032%
Price spread now: Pacifica against Coinbase International−0.210%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs+$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$600.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.929%+$93 on $10k
Price spread, last 3 days (all we have)−0.349%−$35 · spread now −0.210%, 7d avg −0.080%
Together, before fees+0.580%+ Points / potential airdropPacifica: Active · farm board+$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.130% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.080%). If the spread goes back, that is −$13 on $10k: about 41 hours of funding at the current rate (+$8 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7721−0.0152get 0.0019% / 1h13m 23s$660K$404K50x
ShortPacifica LIT4.76210.0100get 0.0013% / 1h13m 23s$587K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$52.92
Price spread: −0.210% → −0.080%
−$13.02
Slippage, 4 orders
−$42.46
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$20.56
Costs to cover
0.605%
Break-even
9.7 days
Slippage from Coinbase International: live order book, 10 min ago; Pacifica: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 10 min ago8.70 bp23.1 bp −$2377.4 bp −$774doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago2.84 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.1225%1h4.7603−0.247%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0611%4h4.7535−0.390%$33K$2K10xas long as short
Phemex LITUSDT−0.0587%4h4.7580−0.296%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0568%1h4.7505−0.453%$33K$4K5xas long as short
Gate LIT_USDT−0.0562%4h4.7590−0.275%$2.8M$4.5M50xas long as short
Bullet LIT-USD−0.0351%1h4.7540−0.379%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0336%4h4.7552−0.355%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0294%4h4.7600−0.254%$43.0M$30.7M75xas long as short
KuCoin LITUSDTM−0.0282%4h4.7643−0.164%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582−0.292%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0237%1h4.7629−0.193%$669K$1.5M5xas long as short
Coinbase International LIT-PERP-INTXlong−0.0152%1h4.7721long leg$660K$404K50x
Aftermath Perps LITUSD−0.0075%1h4.7593−0.269%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7633−0.185%$247K$321K5xas long as short
SoDEX LIT-USD−0.0031%1h4.7597−0.260%$1K$487K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7531−0.398%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7605−0.243%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7664−0.119%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7607−0.240%$824K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0019%1h4.7564−0.329%$449K$105K10xas long as short
Nado LIT-PERP+0.0021%1h4.7556−0.345%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.668%$422$178K5.5xas long as short
Binance LITUSDT+0.0044%4h4.7544−0.371%$75.3M$81.5M75xas long as short
MEXC LIT_USDT+0.0044%4h4.7555−0.348%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0046%4h4.7585−0.286%$289K$312K10xas long as short
Aevo LIT-PERP+0.0064%1h4.7574−0.308%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7658−0.132%$59.7M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7639−0.172%$212.3M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7652−0.145%$12.7M$2.5M50xas long as short
Pacifica LITshort+0.0100%1h4.7621−0.210%$587K$1.8M10x
Arcus LIT-USD+0.0100%1h4.7581−0.294%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7600−0.254%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7600−0.254%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7642−0.166%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7615−0.223%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7651−0.147%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.560%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7556−0.345%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7592−0.271%$31K$841K33xas long as short
BloFin LIT-USDT+0.0182%4h4.7612−0.229%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7642−0.166%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7676−0.095%$3.7M$14.2M5xas long as short