Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.029%

Price spread now: Binance against gTrade (Gains Network)−0.114%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Binance is 0.114% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 6.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LIT/USD	4.7952	L +0.0003% / S −0.0003%	pay 0.0000% / 1h	56m 12s	$35K	—	150x
Short	Binance LITUSDT	4.7897	0.0063	get 0.0031% / 4h	56m 12s	$76.2M	$81.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BinancebpOrdersPrice spread, now −0.114%Rate

Funding earned: $12.51
Price spread: −0.114% → 0.000%: −$11.43
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$18.92
Costs to cover: 0.200%
Break-even: 17.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Binance: live order book, 1 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Binance live order book, 1 min ago	0.21 bp	11.3 bp −$11	31.2 bp −$312	doesn't fit	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.1052%	4h	4.7930	−0.045%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0707%	1h	4.7903	−0.102%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0621%	4h	4.7855	−0.202%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0478%	4h	4.7910	−0.087%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0453%	4h	4.7912	−0.083%	$26.0M	$64.3M	50x	as long as short
01 Exchange LITUSD	−0.0416%	1h	4.7888	−0.133%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0331%	1h	4.7913	−0.081%	$86K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7906	−0.096%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0202%	4h	4.7913	−0.081%	$43.2M	$30.1M	75x	as long as short
Aftermath Perps LITUSD	−0.0122%	1h	4.7737	−0.448%	$13K	$203K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0120%	4h	4.7610	−0.713%	$907K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7929	−0.047%	$678K	$405K	50x	as long as short
Phoenix LIT	−0.0034%	1h	4.7829	−0.256%	$208K	$353K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7913	−0.081%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7923	−0.059%	$32K	$840K	33x	as long as short
gTrade (Gains Network) LIT/USDlong	L +0.0003% / S −0.0003%	1h	4.7952	long leg	$35K	—	150x
Paradex LIT-USD-PERP	+0.0006%	8h	4.7871	−0.168%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7938	−0.029%	$823K	$2.1M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.184%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0060%	4h	4.7899	−0.110%	$5.7M	$4.1M	100x	as long as short
edgeX LITUSDC	+0.0061%	4h	4.7594	−0.747%	$290K	$309K	10x	as long as short
Binance LITUSDTshort	+0.0063%	4h	4.7897	−0.114%	$76.2M	$81.3M	75x
Aevo LIT-PERP	+0.0072%	1h	4.7890	−0.128%	$150K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7983	+0.065%	$60.4M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7907	−0.094%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7988	+0.075%	$12.8M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7924	−0.059%	$621K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7935	−0.035%	$119K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7566	−0.805%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7940	−0.025%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7957	+0.011%	$674K	$1.4M	5x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7730	−0.463%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7936	−0.033%	$453K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7950	−0.004%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7919	−0.068%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7920	−0.066%	$1K	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7814	−0.287%	$191K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7908	−0.092%	$5.3M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7992	+0.084%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0248%	4h	4.7802	−0.312%	$1.6M	$2.1M	75x	as long as short
Hyperliquid LIT	+0.0300%	1h	4.8017	+0.136%	$215.2M	$44.8M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0379% / S −0.0169%	1h	4.7954	+0.004%	$63K	—	50x	as long as short