Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.067%

Price spread now: Bitget against Coinbase International+0.639%47s7-day average −0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs+$5as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$830.834% of the position

Long on Coinbase International Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.884%+$88 on $10k

Price spread, last 4 days (all we have)−1.001%−$100 · spread now +0.639%, 7d avg −0.075%

Together, before fees−0.118%−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.713% dearer against Coinbase International than usual: you sell high and buy low: +$71 more if the spread goes back to its 7-day average of −0.075%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.8470	−0.0448	get 0.0056% / 1h	15m 20s	$613K	$370K	50x
Short	Bitget LITUSDT	4.8780	0.0100	get 0.0050% / 4h	2h 15m	$7.0M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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 Coinbase InternationalbpFee BitgetbpOrdersPrice spread, now +0.639%Rate

Funding earned: $115.08
Price spread: +0.639% → −0.075%: $71.33
Slippage, 4 orders: −$61.36
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $103.05
Costs to cover: 0.834%
Break-even: 0.7 days

Slippage from Coinbase International: live order book, 33 min ago; Bitget: live order book, 3 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 Coinbase International live order book, 33 min ago	7.20 bp	18.8 bp −$19	72.4 bp −$724	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	6.16 bp	23.5 bp −$24	119.9 bp −$1,199	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
Coinbase International LIT-PERP-INTXlong	−0.0448%	1h	4.8470	long leg	$613K	$370K	50x
Orderly PERP_LIT_USDC	−0.0355%	4h	4.8732	+0.540%	$33K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0202%	1h	4.8680	+0.431%	$43K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0200%	1h	4.8804	+0.688%	$32K	$3K	5x	as long as short
Bullet LIT-USD	−0.0156%	1h	4.8729	+0.534%	$87K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0153%	4h	4.8744	+0.564%	$26.2M	$63.2M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0110%	4h	4.8366	−0.216%	$902K	$1.9M	10x	as long as short
Phemex LITUSDT	−0.0096%	4h	4.8600	+0.267%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0017%	1h	4.8725	+0.525%	$210K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8816	+0.713%	$848K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.8862	+0.807%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8776	+0.630%	$12K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.888%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0056%	4h	4.8815	+0.711%	$5.5M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8790	+0.660%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8810	+0.701%	$60.8M	$28.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8755	+0.587%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8805	+0.690%	$624K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8748	+0.573%	$78.3M	$77.5M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8740	+0.556%	$42.3M	$28.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8805	+0.690%	$121K	$465K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7822	−1.337%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8760	+0.597%	$2.8M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8756	+0.589%	$6.0M	$3.9M	100x	as long as short
Bitget LITUSDTshort	+0.0100%	4h	4.8780	+0.639%	$7.0M	$2.6M	20x
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8632	+0.333%	$685K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.8595	+0.258%	$297K	$305K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.8550	+0.164%	$58K	$75K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8800	+0.680%	$458K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8716	+0.506%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8633	+0.335%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8650	+0.371%	$1K	$333K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8656	+0.383%	$202K	$342K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8792	+0.663%	$5.3M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8681	+0.435%	$152K	—	3x	as long as short
Lighter RH LIT	+0.0176%	1h	4.8848	+0.779%	$3.7M	$13.4M	5x	as long as short
Aftermath Perps LITUSD	+0.0198%	1h	4.8351	−0.245%	$9K	$217K	10x	as long as short
Aster LITUSDT	+0.0230%	4h	4.8805	+0.690%	$13.1M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0239%	1h	4.8869	+0.822%	$220.3M	$41.2M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8639	+0.348%	$1.6M	$2.2M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0430% / S −0.0217%	1h	4.8750	+0.578%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8766	+0.609%	$35K	$689K	33x	as long as short