Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1220%/8h= −133.6% APRpaid last 24h −0.017%

Price spread now: Gate against Pacifica−0.012%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$530.526% of the position

Long on Pacifica Short on Gate

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−0.018%−$2 · spread now −0.012%, 7d avg 0.000%

Together, before fees−0.071%+ Points / potential airdropPacifica: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$37 a day on $10k at the current rate.

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	Pacifica LIT	4.7506	0.0100	pay 0.0013% / 1h	2m 40s	$615K	$1.6M	10x
Short	Gate LIT_USDT	4.7500	−0.1120	pay 0.0560% / 4h	1h 02m	$2.8M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Pacifica. 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 PacificabpFee GatebpOrdersPrice spread, now −0.012%Rate

Funding earned: −$256.2
Price spread: −0.012% → 0.000%: −$1.23
Slippage, 4 orders: −$29.58
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$310.01
Costs to cover: 0.526%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; Gate: live order book, 6 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 Pacifica live order book, 1 min ago	2.31 bp	9.6 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	2.11 bp	20.4 bp −$20	55.9 bp −$559	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_USDTshort	−0.1120%	4h	4.7500	−0.012%	$2.8M	$4.6M	50x
Deribit LIT_USDC-PERPETUAL	−0.0767%	1h	4.7457	−0.104%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0630%	4h	4.7395	−0.233%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0586%	1h	4.7497	−0.018%	$666K	$1.4M	5x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.7503	−0.006%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0497%	4h	4.7460	−0.096%	$1.4M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0461%	4h	4.7489	−0.035%	$25.7M	$63.5M	50x	as long as short
Bullet LIT-USD	−0.0332%	1h	4.7436	−0.147%	$85K	$81K	20x	as long as short
Aftermath Perps LITUSD	−0.0287%	1h	4.7460	−0.097%	$12K	$203K	10x	as long as short
KuCoin LITUSDTM	−0.0238%	4h	4.7464	−0.088%	$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
Bybit LITUSDT	−0.0217%	4h	4.7496	−0.020%	$42.8M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7670	+0.346%	$674K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0130%	4h	4.7540	+0.072%	$905K	$1.8M	10x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7560	+0.114%	$812K	$2.1M	5x	as long as short
Phoenix LIT	−0.0034%	1h	4.7564	+0.123%	$206K	$327K	5x	as long as short
Nado LIT-PERP	−0.0013%	1h	4.7469	−0.078%	$2.2M	$1.7M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7513	+0.016%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7474	−0.066%	$31K	$841K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7487	−0.039%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0006%	8h	4.7468	−0.079%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.125%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7466	−0.084%	$5.7M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7553	+0.100%	$289K	$311K	10x	as long as short
Binance LITUSDT	+0.0057%	4h	4.7498	−0.016%	$75.5M	$81.1M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7458	−0.101%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7522	+0.034%	$59.9M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7552	+0.097%	$212.6M	$44.4M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7520	+0.030%	$12.7M	$2.4M	50x	as long as short
Pacifica LITlong	+0.0100%	1h	4.7506	long leg	$615K	$1.6M	10x
Arcus LIT-USD	+0.0100%	1h	4.7512	+0.013%	$118K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7396	−0.231%	$118K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7510	+0.009%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7500	−0.012%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7454	−0.109%	$448K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7496	−0.021%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7527	+0.045%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7460	−0.096%	$997	$466K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7502	−0.008%	$190K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7484	−0.045%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0176%	1h	4.7547	+0.087%	$3.7M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0224%	4h	4.7420	−0.180%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7476	−0.062%	$62K	—	50x	as long as short