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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0447%/8h= +48.9% APRnext payment +$2.23 per $10,000 · paid last 24h +0.088%
Price spread now: Binance against OKX+0.004%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.534% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.155%+$15 on $10k
Price spread, last 7 days+0.001%$0 · spread now +0.004%, 7d avg −0.021%
Together, before fees+0.156%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 0.025% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LIT-USDT-SWAP4.7128−0.0403get 0.0202% / 4h1h 53m$25.2M$62.1M50x
ShortBinance LITUSDT4.71300.0044get 0.0022% / 4h1h 53m$74.7M$81.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
$93.86
Price spread: +0.004% → −0.021%
$2.48
Slippage, 4 orders
−$33.43
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$42.91
Costs to cover
0.534%
Break-even
3.8 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.11 bp5.3 bp −$523.9 bp −$239doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago0.11 bp18.3 bp −$1838.0 bp −$380doesn'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
Deribit LIT_USDC-PERPETUAL−0.1162%1h4.7180+0.111%$41K$40K10xas long as short
Gate LIT_USDT−0.0796%4h4.7200+0.153%$2.8M$4.4M50xas long as short
Orderly PERP_LIT_USDC−0.0632%4h4.7155+0.057%$32K$2K10xas long as short
Phemex LITUSDT−0.0593%4h4.7160+0.068%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAPlong−0.0403%4h4.7128long leg$25.2M$62.1M50x
Bullet LIT-USD−0.0358%1h4.7203+0.159%$85K$81K20xas long as short
01 Exchange LITUSD−0.0344%1h4.7242+0.242%$33K$4K5xas long as short
Bybit LITUSDT−0.0293%4h4.7170+0.089%$42.6M$30.7M75xas long as short
KuCoin LITUSDTM−0.0290%4h4.7225+0.206%$5.2M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0212%4h4.7290+0.344%$899K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0204%1h4.7285+0.333%$10K$202K10xas long as short
Backpack LIT_USDC_PERP−0.0179%1h4.7200+0.153%$663K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.259%$660K$404K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7325+0.418%$788K$2.1M5xas long as short
Nado LIT-PERP−0.0070%1h4.7271+0.304%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0050%1h4.7306+0.378%$246K$327K5xas long as short
Paradex LIT-USD-PERP−0.0018%8h4.7278+0.319%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7355+0.482%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7247+0.253%$35K150xas long as short
edgeX LITUSDC+0.0032%4h4.7254+0.268%$287K$309K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.935%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0040%4h4.7147+0.040%$5.6M$4.2M100xas long as short
Binance LITUSDTshort+0.0044%4h4.7130+0.004%$74.7M$81.6M75x
Aevo LIT-PERP+0.0056%1h4.7207+0.169%$148K$44K3xas long as short
ApeX Omni LITUSDT+0.0091%1h4.7310+0.386%$55K$78K50xas long as short
Lighter LIT+0.0096%1h4.7244+0.246%$59.3M$29.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7222+0.200%$210.5M$44.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7228+0.212%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7319+0.405%$582K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7277+0.316%$116K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.7185+0.121%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7210+0.174%$6.7M$2.7M20xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7244+0.246%$446K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7230+0.217%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7207+0.168%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7185+0.121%$1K$479K5xas long as short
HTX LIT-USDT+0.0100%4h4.7236+0.229%$190K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7147+0.040%$5.2M$5.2M25xas long as short
BloFin LIT-USDT+0.0164%4h4.7285+0.333%$1.5M$2.1M75xas long as short
Perpl LIT+0.0335%43m4.7276+0.314%$31K$838K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0357% / S −0.0155%1h4.7245+0.248%$59K50xas long as short
Lighter RH LIT+0.0536%1h4.7249+0.257%$3.7M$13.5M5xas long as short