Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.001%

Price spread now: Binance against Extended−0.003%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 7 days−0.004%$0 · spread now −0.003%, 7d avg +0.025%

Together, before fees−0.144%+ Points / potential airdropExtended: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.028% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.025%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LIT-USD	4.7382	0.0104	pay 0.0013% / 1h	33m 43s	$5.2M	$5.1M	25x
Short	Binance LITUSDT	4.7380	0.0083	get 0.0042% / 4h	33m 43s	$75.5M	$81.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now −0.003%Rate

Funding earned: −$4.32
Price spread: −0.003% → +0.025%: −$2.82
Slippage, 4 orders: −$17.19
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$39.33
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Binance: live order book, 9 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 Extended live order book, 5 min ago	0.10 bp	3.6 bp −$4	19.1 bp −$191	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.32 bp	12.0 bp −$12	30.9 bp −$309	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	−0.0906%	4h	4.7420	+0.081%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0723%	1h	4.7424	+0.090%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0594%	4h	4.7388	+0.013%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7326	−0.118%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0429%	4h	4.7394	+0.026%	$25.7M	$63.7M	50x	as long as short
Phemex LITUSDT	−0.0382%	4h	4.7420	+0.081%	$1.4M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0336%	1h	4.7427	+0.095%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0216%	4h	4.7454	+0.153%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.478%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0114%	4h	4.7550	+0.355%	$904K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0073%	4h	4.7400	+0.039%	$42.7M	$30.0M	75x	as long as short
Phoenix LIT	−0.0050%	1h	4.7501	+0.252%	$206K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7453	+0.151%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7454	+0.153%	$31K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7473	+0.193%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7415	+0.071%	$816K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0019%	8h	4.7366	−0.032%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.389%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0079%	4h	4.7460	+0.166%	$289K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0082%	4h	4.7386	+0.009%	$5.6M	$4.1M	100x	as long as short
Binance LITUSDTshort	+0.0083%	4h	4.7380	−0.003%	$75.5M	$81.5M	75x
Aevo LIT-PERP	+0.0088%	1h	4.7419	+0.079%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7469	+0.184%	$59.7M	$29.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0097%	1h	4.7584	+0.426%	$13K	$203K	10x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7445	+0.134%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7476	+0.199%	$12.7M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7437	+0.117%	$591K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7401	+0.041%	$120K	$456K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7635	+0.535%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7410	+0.060%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7436	+0.115%	$673K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7530	+0.313%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7445	+0.134%	$448K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7463	+0.172%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7436	+0.115%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7435	+0.112%	$993	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7569	+0.395%	$190K	$329K	30x	as long as short
Extended LIT-USDlong	+0.0104%	1h	4.7382	long leg	$5.2M	$5.1M	25x
Lighter RH LIT	+0.0160%	1h	4.7487	+0.222%	$3.7M	$13.9M	5x	as long as short
Hyperliquid LIT	+0.0210%	1h	4.7494	+0.236%	$212.9M	$44.9M	5x	as long as short
BloFin LIT-USDT	+0.0322%	4h	4.7429	+0.100%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7464	+0.173%	$62K	—	50x	as long as short