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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against edgeX−0.290%60s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.512% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.290%, 7d avg −0.033%
Together, before fees+0.099%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.257% cheaper against edgeX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.033%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LITUSDC4.76880.0073pay 0.0037% / 4h2h 58m$290K$312K10x
ShortBinance LITUSDT4.75500.0060get 0.0030% / 4h2h 58m$75.1M$80.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
−$2.77
Price spread: −0.290% → −0.033%
−$25.67
Slippage, 4 orders
−$32.23
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$79.66
Costs to cover
0.512%
Break-even
never at this rate
Slippage from edgeX: live order book, 29 min ago; Binance: live order book, 14 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 edgeX live order book, 29 min ago5.18 bp10.5 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.10 bp12.9 bp −$1333.6 bp −$336doesn'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−0.0973%1h4.7616−0.151%$42K$40K10xas long as short
01 Exchange LITUSD−0.0728%1h4.7500−0.394%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0562%4h4.7569−0.249%$33K$2K10xas long as short
Phemex LITUSDT−0.0479%4h4.7620−0.142%$1.3M$2.7M20xas long as short
Bullet LIT-USD−0.0411%1h4.7561−0.266%$86K$81K20xas long as short
KuCoin LITUSDTM−0.0324%4h4.7640−0.101%$5.3M$1.1M30xas long as short
Polymarket Perps LIT-USD−0.0288%1h4.7581−0.224%$449K$104K10xas long as short
OKX LIT-USDT-SWAP−0.0285%4h4.7563−0.262%$25.3M$60.8M50xas long as short
GRVT LIT_USDT_Perp−0.0274%4h4.7640−0.101%$898K$1.9M10xas long as short
Bybit LITUSDT−0.0263%4h4.7587−0.212%$43.0M$30.1M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LIT_USDT−0.0250%4h4.7630−0.122%$2.8M$4.5M50xas long as short
ApeX Omni LITUSDT−0.0246%1h4.7690+0.004%$56K$79K50xas long as short
SoDEX LIT-USD−0.0202%1h4.7630−0.122%$987$474K5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.8452+1.603%$668K$408K50xas long as short
Nado LIT-PERP−0.0129%1h4.7565−0.258%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0067%1h4.7770+0.172%$247K$317K5xas long as short
Paradex LIT-USD-PERP−0.0021%8h4.7558−0.273%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7640−0.101%$34K5xas long as short
Extended LIT-USD0.0000%1h4.7570−0.248%$5.3M$5.2M25xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7615−0.153%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7610−0.163%$817K$2.0M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.738%$422$178K5.5xas long as short
Backpack LIT_USDC_PERP+0.0045%1h4.7678−0.021%$669K$1.5M5xas long as short
Binance LITUSDTshort+0.0060%4h4.7550−0.290%$75.1M$80.7M75x
MEXC LIT_USDT+0.0060%4h4.7544−0.302%$6.0M$4.2M100xas long as short
Aevo LIT-PERP+0.0072%1h4.7606−0.172%$149K$44K3xas long as short
edgeX LITUSDClong+0.0073%4h4.7688long leg$290K$312K10x
Bulk LIT-USD+0.0088%1h4.7627−0.128%$119K$7K10xas long as short
Hyperliquid LIT+0.0100%1h4.7596−0.193%$211.5M$44.4M5xas long as short
Aster LITUSDT+0.0100%4h4.7672−0.034%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7622−0.138%$597K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7601−0.182%$118K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7600−0.184%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7662−0.055%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7704+0.034%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7750+0.130%$190K$324K30xas long as short
Perpl LIT+0.0112%43m4.7626−0.130%$31K$843K33xas long as short
Aftermath Perps LITUSD+0.0141%1h4.7797+0.228%$11K$198K10xas long as short
Lighter LIT+0.0176%1h4.7663−0.052%$59.8M$29.5M5xas long as short
Lighter RH LIT+0.0216%1h4.7691+0.006%$3.7M$14.0M5xas long as short
BloFin LIT-USDT+0.0246%4h4.7590−0.205%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7648−0.083%$60K50xas long as short