Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.060%

Price spread now: Pacifica against Hyperliquid−0.059%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on Hyperliquid Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.240%−$24 on $10k

Price spread, last 7 days−0.036%−$4 · spread now −0.059%, 7d avg −0.074%

Together, before fees−0.276%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board−$28 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid LIT	4.7703	0.0100	pay 0.0013% / 1h	19m 05s	$212.0M	$45.1M	5x
Short	Pacifica LIT	4.7675	0.0100	get 0.0013% / 1h	19m 05s	$588K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee HyperliquidbpFee PacificabpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → −0.074%: $1.55
Slippage, 4 orders: −$19
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$34.44
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 5 min ago; Pacifica: live order book, 5 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 Hyperliquid live order book, 5 min ago	0.10 bp	7.0 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 5 min ago	3.47 bp	9.3 bp −$9	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
Deribit LIT_USDC-PERPETUAL	−0.0966%	1h	4.7630	−0.152%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0612%	4h	4.7640	−0.132%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0611%	4h	4.7593	−0.231%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0562%	4h	4.7590	−0.237%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7596	−0.224%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0341%	1h	4.7626	−0.161%	$86K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0325%	4h	4.7636	−0.140%	$25.1M	$62.2M	50x	as long as short
Bybit LITUSDT	−0.0296%	4h	4.7640	−0.132%	$43.1M	$30.6M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0296%	4h	4.7469	−0.491%	$906K	$1.9M	10x	as long as short
KuCoin LITUSDTM	−0.0290%	4h	4.7656	−0.099%	$5.3M	$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
Backpack LIT_USDC_PERP	−0.0285%	1h	4.7664	−0.082%	$669K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.038%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7583	−0.252%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0020%	8h	4.7627	−0.159%	$6K	$2K	5x	as long as short
Aftermath Perps LITUSD	−0.0009%	1h	4.7589	−0.238%	$12K	$199K	10x	as long as short
SoDEX LIT-USD	−0.0005%	1h	4.7620	−0.174%	$1K	$487K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7699	−0.009%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7682	−0.045%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7659	−0.093%	$830K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0014%	1h	4.7629	−0.154%	$2.2M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0031%	1h	4.7642	−0.128%	$450K	$105K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.706%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0038%	4h	4.7597	−0.222%	$290K	$311K	10x	as long as short
MEXC LIT_USDT	+0.0044%	4h	4.7602	−0.212%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0044%	4h	4.7620	−0.174%	$75.4M	$81.3M	75x	as long as short
Extended LIT-USD	+0.0064%	1h	4.7609	−0.197%	$5.3M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.7621	−0.171%	$149K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7706	+0.006%	$59.8M	$30.1M	5x	as long as short
Hyperliquid LITlong	+0.0100%	1h	4.7703	long leg	$212.0M	$45.1M	5x
Aster LITUSDT	+0.0100%	4h	4.7700	−0.005%	$12.8M	$2.5M	50x	as long as short
Pacifica LITshort	+0.0100%	1h	4.7675	−0.059%	$588K	$1.8M	10x
Arcus LIT-USD	+0.0100%	1h	4.7633	−0.147%	$117K	$449K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7650	−0.111%	$6.8M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7680	−0.048%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7670	−0.068%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7664	−0.082%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7721	+0.038%	$191K	$329K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7454	−0.522%	$119K	$6K	10x	as long as short
Perpl LIT	+0.0112%	43m	4.7676	−0.056%	$32K	$839K	33x	as long as short
BloFin LIT-USDT	+0.0178%	4h	4.7633	−0.147%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0359% / S −0.0155%	1h	4.7677	−0.054%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0424%	1h	4.7722	+0.040%	$3.7M	$14.2M	5x	as long as short