Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1092%/8h= +119.6% APRpaid last 24h +0.017%

Price spread now: Pacifica against Gate+0.073%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.073%, 7d avg 0.000%

Together, before fees+0.010%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Pacifica is 0.074% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of 0.000%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LIT_USDT	4.7230	−0.0992	get 0.0496% / 4h	1h 41m	$2.8M	$4.5M	50x
Short	Pacifica LIT	4.7265	0.0100	get 0.0013% / 1h	41m 35s	$581K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Gate. 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 GatebpFee PacificabpOrdersPrice spread, now +0.073%Rate

Funding earned: $229.32
Price spread: +0.073% → 0.000%: $7.35
Slippage, 4 orders: −$27.53
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $186.14
Costs to cover: 0.505%
Break-even: 1.3 days

Slippage from Gate: live order book, 2 min ago; Pacifica: live order book, 2 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 Gate live order book, 2 min ago	2.12 bp	15.4 bp −$15	49.6 bp −$496	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	4.02 bp	8.4 bp −$8	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
Gate LIT_USDTlong	−0.0992%	4h	4.7230	long leg	$2.8M	$4.5M	50x
Deribit LIT_USDC-PERPETUAL	−0.0760%	1h	4.7182	−0.102%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0676%	1h	4.7204	−0.055%	$663K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0631%	4h	4.7114	−0.246%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0544%	1h	4.7180	−0.106%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0537%	4h	4.7160	−0.148%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0422%	4h	4.7173	−0.121%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0349%	1h	4.7167	−0.134%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0299%	4h	4.7218	−0.025%	$42.7M	$30.4M	75x	as long as short
KuCoin LITUSDTM	−0.0288%	4h	4.7263	+0.070%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0223%	1h	4.7157	−0.155%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0200%	4h	4.7104	−0.268%	$899K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.040%	$660K	$388K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7258	+0.059%	$787K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0042%	1h	4.7179	−0.109%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7125	−0.222%	$245K	$327K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7255	+0.053%	$34K	—	5x	as long as short
Paradex LIT-USD-PERP	+0.0001%	8h	4.7205	−0.052%	$6K	$2K	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7232	+0.005%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.715%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0055%	4h	4.7164	−0.140%	$287K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7215	−0.032%	$5.6M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7203	−0.058%	$74.9M	$81.1M	75x	as long as short
SoDEX LIT-USD	+0.0071%	1h	4.7175	−0.116%	$1K	$467K	5x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7174	−0.118%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7288	+0.123%	$59.4M	$29.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7310	+0.169%	$210.9M	$44.8M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7262	+0.068%	$12.6M	$2.5M	50x	as long as short
Pacifica LITshort	+0.0100%	1h	4.7265	+0.073%	$581K	$1.8M	10x
Arcus LIT-USD	+0.0100%	1h	4.7234	+0.008%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	−0.174%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7270	+0.085%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−0.212%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7163	−0.142%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7219	−0.023%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7176	−0.114%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7222	−0.017%	$189K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7210	−0.043%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0219%	4h	4.7141	−0.188%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7191	−0.082%	$32K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7228	−0.005%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0400%	1h	4.7306	+0.161%	$3.7M	$13.6M	5x	as long as short