Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.072%

Price spread now: BloFin against Extended+0.011%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.292%+$29 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.011%, 7d avg −0.011%

Together, before fees+0.153%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.022% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LIT-USD	4.7867	0.0104	pay 0.0013% / 1h	39m 17s	$5.1M	$5.2M	25x
Short	BloFin LIT-USDT	4.7872	0.0340	get 0.0170% / 4h	3h 39m	$1.6M	$2.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.011%Rate

Funding earned: $49.56
Price spread: +0.011% → −0.011%: $2.16
Slippage, 4 orders: −$25.62
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $9.1
Costs to cover: 0.426%
Break-even: 5.7 days

Slippage from Extended: live order book, 5 min ago; BloFin: live order book, 4 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	4.1 bp −$4	25.1 bp −$251	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	1.14 bp	15.6 bp −$16	doesn't fit	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
GRVT LIT_USDT_Perp	−0.0680%	4h	4.8081	+0.447%	$896K	$2.0M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0526%	1h	4.7890	+0.048%	$42K	$39K	10x	as long as short
01 Exchange LITUSD	−0.0496%	1h	4.7832	−0.073%	$31K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7832	−0.073%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7877	+0.020%	$606K	$348K	50x	as long as short
Bullet LIT-USD	−0.0275%	1h	4.7909	+0.087%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0172%	4h	4.7900	+0.069%	$25.9M	$59.2M	50x	as long as short
ApeX Omni LITUSDT	−0.0135%	1h	4.7950	+0.174%	$57K	$75K	50x	as long as short
Bybit LITUSDT	−0.0114%	4h	4.7890	+0.048%	$41.6M	$27.4M	75x	as long as short
Gate LIT_USDT	−0.0092%	4h	4.7930	+0.132%	$2.8M	$4.0M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex LITUSDT	−0.0028%	4h	4.7890	+0.048%	$1.4M	$2.7M	20x	as long as short
Nado LIT-PERP	−0.0005%	1h	4.7920	+0.111%	$2.1M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8012	+0.303%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7929	+0.129%	$36K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.8019	+0.318%	$206K	$288K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.362%	$422	$178K	5.5x	as long as short
Backpack LIT_USDC_PERP	+0.0080%	1h	4.7953	+0.180%	$684K	$987K	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.7922	+0.116%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7960	+0.194%	$59.7M	$26.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7979	+0.234%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7976	+0.228%	$216.7M	$38.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7958	+0.190%	$674K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7871	+0.009%	$76.9M	$73.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7943	+0.159%	$127K	$436K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8200	+0.696%	$122K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7888	+0.044%	$6.2M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8012	+0.303%	$5.5M	$923K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7910	+0.090%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8030	+0.341%	$294K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7970	+0.215%	$447K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8031	+0.342%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7895	+0.059%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7891	+0.050%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8010	+0.299%	$193K	$313K	30x	as long as short
Extended LIT-USDlong	+0.0104%	1h	4.7867	long leg	$5.1M	$5.2M	25x
Aevo LIT-PERP	+0.0104%	1h	4.7891	+0.051%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7959	+0.192%	$799K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0280%	4h	4.7986	+0.248%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7978	+0.232%	$32K	$630K	33x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.7872	+0.011%	$1.6M	$2.3M	75x
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7928	+0.128%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0478%	1h	4.8097	+0.481%	$10K	$201K	10x	as long as short