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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0299%/8h= −32.7% APRnext payment $1.49 per $10,000 · paid last 24h −0.099%
Price spread now: OKX against edgeX+0.159%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.174%−$17 on $10k
Price spread, last 3 days (all we have)−0.279%−$28 · spread now +0.159%, 7d avg −0.021%
Together, before fees−0.453%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.181% dearer against edgeX than usual: you sell high and buy low (spread +0.159% now, against its 7-day average of −0.021%): +$18 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.0 days. At the pace of the last 7 days (−0.174% in total) that is about 7.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.174% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LITUSDC4.75950.0100pay 0.0050% / 4h3h 14m$290K$309K10x
ShortOKX LIT-USDT-SWAP4.7671−0.0199pay 0.0099% / 4h3h 14m$25.9M$63.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$62.76
Price spread: +0.159% → −0.021%
$18.05
Slippage, 4 orders
−$24.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$87.89
Costs to cover
0.432%
Break-even
never at this rate
Slippage from edgeX: live order book, 58 min ago; OKX: live order book, 4 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, 58 min ago5.19 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 4 min ago0.10 bp9.1 bp −$923.3 bp −$233doesn'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−0.0637%1h4.7757+0.340%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0482%4h4.7696+0.212%$33K$2K10xas long as short
01 Exchange LITUSD−0.0424%1h4.7629+0.071%$33K$4K5xas long as short
Bullet LIT-USD−0.0346%1h4.7724+0.270%$85K$72K20xas long as short
OKX LIT-USDT-SWAPshort−0.0199%4h4.7671+0.159%$25.9M$63.8M50x
ApeX Omni LITUSDT−0.0190%1h4.7640+0.094%$57K$77K50xas long as short
KuCoin LITUSDTM−0.0124%4h4.7728+0.279%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7722+0.267%$675K$391K50xas long as short
GRVT LIT_USDT_Perp−0.0064%4h4.7630+0.073%$911K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7641+0.096%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7719+0.260%$32K$853K33xas long as short
dYdX LIT-USD+0.0003%1h4.7732+0.288%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7770+0.367%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.935%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0047%8h4.7654+0.125%$7K$2K5xas long as short
Nado LIT-PERP+0.0050%1h4.7665+0.147%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0095%1h4.7738+0.300%$451K$104K10xas long as short
Lighter LIT+0.0096%1h4.7715+0.252%$59.7M$30.0M5xas long as short
Aster LITUSDT+0.0100%4h4.7826+0.484%$12.8M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7708+0.237%$591K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7656+0.129%$76.1M$80.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.7662+0.140%$42.9M$29.7M75xas long as short
Arcus LIT-USD+0.0100%1h4.7691+0.201%$118K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7476−0.250%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7700+0.220%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7675+0.168%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7730+0.283%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7769+0.365%$692K$1.4M5xas long as short
edgeX LITUSDClong+0.0100%4h4.7595long leg$290K$309K10x
Derive LIT-PERP+0.0100%1h4.7790+0.409%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7677+0.172%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7741+0.306%$989$453K5xas long as short
HTX LIT-USDT+0.0100%4h4.7716+0.254%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7720+0.262%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7670+0.156%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7778+0.385%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7710+0.240%$795K$2.0M5xas long as short
Lighter RH LIT+0.0184%1h4.7742+0.308%$3.7M$13.7M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7722+0.266%$1.6M$2.0M75xas long as short
Hyperliquid LIT+0.0343%1h4.7773+0.374%$214.5M$43.9M5xas long as short
Aftermath Perps LITUSD+0.0395%1h4.7626+0.066%$9K$203K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0399% / S −0.0188%1h4.7761+0.348%$64K50xas long as short