Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0250%/8h= +27.4% APRpaid last 24h +0.087%

Price spread now: Extended against OKX−0.076%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.295%+$29 on $10k

Price spread, last 7 days+0.089%+$9 · spread now −0.076%, 7d avg −0.047%

Together, before fees+0.384%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.029% cheaper against OKX than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LIT-USDT-SWAP	4.7353	−0.0306	get 0.0153% / 4h	2h 43m	$25.0M	$61.0M	50x
Short	Extended LIT-USD	4.7317	−0.0056	pay 0.0007% / 1h	43m 28s	$5.2M	$5.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee OKXbpFee ExtendedbpOrdersPrice spread, now −0.076%Rate

Funding earned: $52.57
Price spread: −0.076% → −0.047%: −$2.91
Slippage, 4 orders: −$12.36
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $22.3
Costs to cover: 0.274%
Break-even: 4.0 days

Slippage from OKX: live order book, 5 min ago; Extended: 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 OKX live order book, 5 min ago	0.11 bp	5.1 bp −$5	28.0 bp −$280	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.11 bp	4.9 bp −$5	23.3 bp −$233	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	−0.0919%	1h	4.7233	−0.253%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0656%	1h	4.7353	0.000%	$33K	$4K	5x	as long as short
Gate LIT_USDT	−0.0642%	4h	4.7300	−0.112%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0639%	1h	4.7284	−0.146%	$664K	$1.5M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0580%	4h	4.7141	−0.448%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0401%	4h	4.7230	−0.260%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0326%	4h	4.7276	−0.163%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAPlong	−0.0306%	4h	4.7353	long leg	$25.0M	$61.0M	50x
GRVT LIT_USDT_Perp	−0.0294%	4h	4.7170	−0.387%	$888K	$1.9M	10x	as long as short
Bullet LIT-USD	−0.0281%	1h	4.7212	−0.297%	$85K	$81K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0270%	4h	4.7360	+0.015%	$42.8M	$30.5M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7349	−0.009%	$653K	$399K	50x	as long as short
Nado LIT-PERP	−0.0099%	1h	4.7340	−0.027%	$2.1M	$1.7M	10x	as long as short
Extended LIT-USDshort	−0.0056%	1h	4.7317	−0.076%	$5.2M	$5.1M	25x
Phoenix LIT	−0.0050%	1h	4.7209	−0.304%	$244K	$321K	5x	as long as short
SoDEX LIT-USD	−0.0047%	1h	4.7225	−0.270%	$979	$484K	5x	as long as short
Paradex LIT-USD-PERP	−0.0028%	8h	4.7286	−0.142%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7328	−0.053%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7265	−0.186%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7364	+0.024%	$815K	$2.0M	5x	as long as short
MEXC LIT_USDT	+0.0030%	4h	4.7296	−0.120%	$5.8M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0030%	4h	4.7330	−0.049%	$74.8M	$80.9M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.451%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0037%	4h	4.7163	−0.401%	$287K	$312K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7192	−0.340%	$148K	$44K	3x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	+0.093%	$119K	$7K	10x	as long as short
Polymarket Perps LIT-USD	+0.0087%	1h	4.7360	+0.015%	$447K	$105K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7375	+0.046%	$59.4M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7349	−0.008%	$210.4M	$44.7M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7370	+0.035%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7339	−0.030%	$594K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7313	−0.084%	$117K	$445K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7370	+0.036%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7220	−0.281%	$55K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7253	−0.211%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7236	−0.247%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7233	−0.253%	$188K	$327K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7208	−0.307%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0131%	4h	4.7166	−0.395%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7341	−0.024%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0376%	1h	4.7389	+0.076%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0387% / S −0.0190%	1h	4.7258	−0.201%	$59K	—	50x	as long as short