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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:38 UTC+0.0471%/8h= +51.5% APRpaid last 24h +0.088%
Price spread now: Perpl against Coinbase International+0.074%50s7-day average −0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.828%+$83 on $10k
Price spread, last 4 days (all we have)−1.164%−$116 · spread now +0.074%, 7d avg −0.107%
Together, before fees−0.336%+ Points / potential airdropPerpl: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Perpl is 0.181% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.107%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.6800−0.0024get 0.0003% / 1h43m 19s$657K$372K50x
ShortPerpl LIT4.68350.0447get 0.0040% / 43m31m 19s$31K$828K33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$98.81
Price spread: +0.074% → −0.107%
$18.14
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$93.15
Costs to cover
0.238%
Break-even
0.4 days
Slippage unknown: Coinbase International: live order book, 20 min ago; Perpl: no order-book sample. Net counts fees only.

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, 20 min ago9.38 bp15.6 bp −$1649.5 bp −$495doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Orderly PERP_LIT_USDC−0.0395%4h4.6752−0.102%$32K$1K10xas long as short
Bullet LIT-USD−0.0330%1h4.6797−0.006%$84K$68K20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0288%1h4.6827+0.059%$41K$40K10xas long as short
01 Exchange LITUSD−0.0280%1h4.6813+0.028%$33K$4K5xas long as short
Gate LIT_USDT−0.0088%4h4.6820+0.043%$2.7M$4.2M50xas long as short
Phoenix LIT−0.0085%1h4.6728−0.153%$201K$341K5xas long as short
Coinbase International LIT-PERP-INTXlong−0.0024%1h4.6800long leg$657K$372K50x
OKX LIT-USDT-SWAP−0.0017%4h4.6843+0.092%$25.3M$61.6M50xas long as short
GRVT LIT_USDT_Perp−0.0016%4h4.6690−0.235%$905K$1.7M10xas long as short
KuCoin LITUSDTM−0.0014%4h4.6794−0.012%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex LITUSDT−0.0006%4h4.6780−0.042%$1.4M$2.8M20xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6834+0.074%$11K150xas long as short
dYdX LIT-USD+0.0015%1h4.6811+0.024%$34K5xas long as short
ApeX Omni LITUSDT+0.0022%1h4.68000.000%$56K$77K50xas long as short
Backpack LIT_USDC_PERP+0.0028%1h4.6862+0.133%$679K$1.4M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.650%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0065%8h4.6793−0.015%$7K$2K5xas long as short
Bulk LIT-USD+0.0089%1h4.6805+0.012%$117K$2K10xas long as short
Lighter LIT+0.0096%1h4.6892+0.197%$58.5M$28.6M5xas long as short
RISEx LIT/USDC+0.0099%1h4.6826+0.055%$780K$2.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.6815+0.032%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6862+0.133%$209.3M$41.2M5xas long as short
Pacifica LIT+0.0100%1h4.6846+0.099%$581K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6798−0.004%$74.3M$78.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.6805+0.011%$41.5M$28.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6798−0.004%$117K$446K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6791−0.019%$5.4M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6840+0.086%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6781−0.041%$285K$306K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6820+0.043%$443K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6845+0.097%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6786−0.029%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6830+0.065%$1K$416K5xas long as short
HTX LIT-USDT+0.0100%4h4.6874+0.159%$194K$379K30xas long as short
Extended LIT-USD+0.0104%1h4.6818+0.038%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6818+0.038%$146K3xas long as short
Lighter RH LIT+0.0136%1h4.6885+0.182%$3.7M$13.1M5xas long as short
Aster LITUSDT+0.0175%4h4.6874+0.159%$12.6M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0258%1h4.6813+0.028%$9K$210K10xas long as short
BloFin LIT-USDT+0.0340%4h4.6784−0.034%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0409% / S −0.0206%1h4.6820+0.043%$63K50xas long as short
Perpl LITshort+0.0447%43m4.6835+0.074%$31K$828K33x