Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.051%

Price spread now: Coinbase International against SunX+0.193%7-day average +0.162% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.960%−$96 on $10k

Price spread, last 3 days (all we have)+0.187%+$19 · spread now +0.193%, 7d avg +0.162%

Together, before fees−0.773%−$77 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.031% dearer against SunX than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of +0.162%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.960% in total) that is about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7118	0.0100	pay 0.0050% / 4h	2h 31m	$4K	$1.2M	20x
Short	Coinbase International LIT-PERP-INTX	4.7209	−0.0080	pay 0.0010% / 1h	31m 47s	$668K	$387K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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 SunXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.193%Rate

Funding earned: −$37.8
Price spread: +0.193% → +0.162%: $3.11
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$52.69
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 2 min ago; Coinbase International: live order book, 36 min ago. Net counts fees only.

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 SunX live order book, 2 min ago	500.07 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 36 min ago	9.24 bp	20.0 bp −$20	62.2 bp −$622	doesn't fit	doesn't fit

LIT on 41 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
01 Exchange LITUSD	−0.0608%	1h	4.7026	−0.195%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0540%	1h	4.7077	−0.087%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0462%	4h	4.7014	−0.221%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0439%	1h	4.7060	−0.122%	$84K	$73K	20x	as long as short
Gate LIT_USDT	−0.0204%	4h	4.7080	−0.081%	$2.8M	$4.3M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0157%	4h	4.7049	−0.146%	$25.5M	$63.7M	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7080	−0.081%	$5.2M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0136%	4h	4.7050	−0.144%	$904K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	−0.0112%	1h	4.7030	−0.187%	$56K	$77K	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.6823	−0.626%	$202K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTXshort	−0.0080%	1h	4.7209	+0.193%	$668K	$387K	50x
Backpack LIT_USDC_PERP	−0.0076%	1h	4.7076	−0.089%	$679K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7102	−0.033%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7105	−0.027%	$471	—	150x	as long as short
Phemex LITUSDT	+0.0015%	4h	4.7050	−0.144%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0030%	1h	4.6912	−0.438%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.957%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0035%	8h	4.7032	−0.182%	$7K	$2K	5x	as long as short
SoDEX LIT-USD	+0.0076%	1h	4.7078	−0.085%	$1K	$450K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7133	+0.032%	$788K	$2.0M	5x	as long as short
Bybit LITUSDT	+0.0094%	4h	4.7022	−0.204%	$42.2M	$29.7M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7108	−0.021%	$59.0M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7122	+0.008%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7075	−0.091%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7113	−0.011%	$210.8M	$43.9M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7123	+0.011%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7082	−0.076%	$584K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7007	−0.236%	$75.0M	$80.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7089	−0.062%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7021	−0.206%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7080	−0.081%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6972	−0.310%	$286K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7086	−0.068%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7121	+0.006%	$2K	—	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7118	long leg	$4K	$1.2M	20x
HTX LIT-USDT	+0.0100%	4h	4.7215	+0.206%	$189K	$354K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7028	−0.192%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7051	−0.143%	$147K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0291%	1h	4.7012	−0.225%	$9K	$212K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0405% / S −0.0198%	1h	4.7093	−0.053%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7112	−0.013%	$31K	$862K	33x	as long as short