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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.031%
Price spread now: BloFin against Hyperliquid−0.288%7-day average −0.155% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 3 days (all we have)+0.075%+$8 · spread now −0.288%, 7d avg −0.155%
Together, before fees+0.178%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.133% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.288% now, against its 7-day average of −0.155%). If the spread goes back, that is −$13 on $10k: about 44 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.102% in total) that is about 9.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid LIT4.72980.0100pay 0.0013% / 1h46m 45s$212.1M$44.8M5x
ShortBloFin LIT-USDT4.71620.0340get 0.0170% / 4h3h 46m$1.6M$2.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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
$50.4
Price spread: −0.288% → −0.155%
−$13.29
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.11
Costs to cover
0.210%
Break-even
4.8 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 7 min ago0.85 bp6.9 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago0.11 bp13.5 bp −$1323.0 bp −$230doesn'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
Gate LIT_USDT−0.0776%4h4.7250−0.101%$2.8M$4.4M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0727%1h4.7158−0.297%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0519%4h4.7125−0.366%$32K$2K10xas long as short
01 Exchange LITUSD−0.0464%1h4.7126−0.364%$33K$4K5xas long as short
Bullet LIT-USD−0.0345%1h4.7144−0.325%$84K$77K20xas long as short
OKX LIT-USDT-SWAP−0.0275%4h4.7268−0.063%$25.6M$63.8M50xas long as short
Backpack LIT_USDC_PERP−0.0175%1h4.7256−0.089%$680K$1.4M5xas long as short
ApeX Omni LITUSDT−0.0170%1h4.7130−0.355%$55K$77K50xas long as short
KuCoin LITUSDTM−0.0166%4h4.7211−0.184%$5.2M$1.1M30xas long as short
Phemex LITUSDT−0.0106%4h4.7170−0.271%$1.4M$2.7M20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0088%1h4.7414+0.244%$670K$402K50xas long as short
GRVT LIT_USDT_Perp−0.0074%4h4.7138−0.339%$894K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7178−0.254%$204K$361K5xas long as short
dYdX LIT-USD0.0000%1h4.7282−0.033%$34K5xas long as short
Perpl LIT0.0000%43m4.7197−0.213%$31K$860K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7211−0.184%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.569%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0037%8h4.7123−0.369%$7K$2K5xas long as short
Nado LIT-PERP+0.0057%1h4.7174−0.261%$2.2M$1.7M10xas long as short
Lighter LIT+0.0096%1h4.7265−0.070%$59.1M$29.5M5xas long as short
Lighter RH LIT+0.0096%1h4.7282−0.034%$3.7M$13.6M5xas long as short
Hyperliquid LITlong+0.0100%1h4.7298long leg$212.1M$44.8M5x
Aster LITUSDT+0.0100%4h4.7268−0.064%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7252−0.097%$587K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7215−0.175%$75.3M$81.4M75xas long as short
Bybit LITUSDT+0.0100%4h4.7234−0.135%$42.6M$30.0M75xas long as short
Arcus LIT-USD+0.0100%1h4.7162−0.288%$116K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7141−0.332%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7223−0.159%$5.6M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7240−0.123%$6.7M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7147−0.320%$287K$311K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7156−0.300%$446K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7207−0.191%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7115−0.387%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7190−0.228%$993$463K5xas long as short
HTX LIT-USDT+0.0100%4h4.7202−0.203%$188K$347K30xas long as short
Extended LIT-USD+0.0104%1h4.7225−0.154%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7189−0.230%$148K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7189−0.230%$794K$2.0M5xas long as short
Aftermath Perps LITUSD+0.0290%1h4.7218−0.169%$10K$205K10xas long as short
BloFin LIT-USDTshort+0.0340%4h4.7162−0.288%$1.6M$2.1M75x
GMX LIT/USD [ETH-USDC]L +0.0382% / S −0.0175%1h4.7184−0.240%$62K50xas long as short