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−0.0714%/8h= −78.2% APRnext payment $3.57 per $10,000 · paid last 24h −0.026%
Price spread now: Gate against Binance+0.008%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.008%, 7d avg +0.047%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.038% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.57 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
LongBinance LITUSDT4.75160.0038pay 0.0019% / 4h2h 22m$75.1M$81.3M75x
ShortGate LIT_USDT4.7520−0.0676pay 0.0338% / 4h2h 22m$2.8M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
−$150.04
Price spread: +0.008% → +0.047%
−$3.85
Slippage, 4 orders
−$39.42
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$218.3
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 1 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 Binance live order book, 5 min ago0.21 bp17.1 bp −$1739.5 bp −$395doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago3.16 bp18.5 bp −$1958.5 bp −$585doesn'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−0.1266%1h4.7473−0.090%$42K$40K10xas long as short
Gate LIT_USDTshort−0.0676%4h4.7520+0.008%$2.8M$4.5M50x
Orderly PERP_LIT_USDC−0.0611%4h4.7434−0.173%$32K$2K10xas long as short
Phemex LITUSDT−0.0571%4h4.7450−0.139%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0568%1h4.7487−0.061%$33K$4K5xas long as short
Bullet LIT-USD−0.0356%1h4.7484−0.067%$86K$81K20xas long as short
Backpack LIT_USDC_PERP−0.0348%1h4.7506−0.021%$667K$1.5M5xas long as short
Bybit LITUSDT−0.0328%4h4.7523+0.015%$43.0M$30.6M75xas long as short
OKX LIT-USDT-SWAP−0.0317%4h4.7540+0.051%$25.0M$61.9M50xas long as short
KuCoin LITUSDTM−0.0306%4h4.7533+0.036%$5.3M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0298%4h4.7580+0.135%$908K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.432%$660K$404K50xas long as short
Phoenix LIT−0.0050%1h4.7626+0.232%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7444−0.152%$6K$2K5xas long as short
SoDEX LIT-USD−0.0005%1h4.7475−0.086%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7548+0.068%$34K5xas long as short
Nado LIT-PERP0.0000%1h4.7508−0.017%$2.1M$1.7M10xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7534+0.039%$35K150xas long as short
Extended LIT-USD+0.0008%1h4.7525+0.018%$5.3M$5.1M25xas long as short
RISEx LIT/USDC+0.0009%1h4.7571+0.116%$818K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0029%1h4.7499−0.036%$449K$105K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.103%$422$178K5.5xas long as short
edgeX LITUSDC+0.0033%4h4.7572+0.118%$289K$310K10xas long as short
Bulk LIT-USD+0.0037%1h4.7479−0.077%$119K$6K10xas long as short
MEXC LIT_USDT+0.0038%4h4.7487−0.061%$5.8M$4.2M100xas long as short
Binance LITUSDTlong+0.0038%4h4.7516long leg$75.1M$81.3M75x
Aevo LIT-PERP+0.0048%1h4.7485−0.065%$148K$44K3xas long as short
Aftermath Perps LITUSD+0.0058%1h4.7494−0.047%$12K$199K10xas long as short
Lighter LIT+0.0096%1h4.7580+0.135%$59.6M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7542+0.055%$211.2M$45.0M5xas long as short
Aster LITUSDT+0.0100%4h4.7535+0.040%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7533+0.036%$582K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7542+0.055%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7530+0.029%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7580+0.135%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7529+0.026%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7528+0.025%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7586+0.147%$190K$329K30xas long as short
Perpl LIT+0.0112%43m4.7535+0.041%$31K$838K33xas long as short
BloFin LIT-USDT+0.0154%4h4.7446−0.147%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7530+0.029%$60K50xas long as short
Lighter RH LIT+0.0400%1h4.7578+0.130%$3.7M$14.2M5xas long as short