Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0404%/8h= +44.2% APRnext payment +$0.51 per $10,000 · paid last 24h +0.096%
Price spread now: Hyperliquid against Coinbase International+0.585%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.094%+$109 on $10k
Price spread, last 4 days (all we have)−1.548%−$155 · spread now +0.585%, 7d avg +0.003%
Together, before fees−0.455%+ Points / potential airdropHyperliquid: Season 2 · farm board−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Hyperliquid is 0.582% dearer against Coinbase International than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7913−0.0304get 0.0038% / 1h18m 04s$607K$336K50x
ShortHyperliquid LIT4.81930.0100get 0.0013% / 1h18m 04s$217.5M$37.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$84.84
Price spread: +0.585% → +0.003%
$58.2
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$124.04
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 15 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 15 min ago10.63 bp22.3 bp −$2259.2 bp −$592doesn't fitdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.21 bpdoesn't fitdoesn't fitdoesn'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
01 Exchange LITUSD−0.0416%1h4.8082+0.353%$31K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0376%4h4.8055+0.296%$33K$31310xas long as short
Coinbase International LIT-PERP-INTXlong−0.0304%1h4.7913long leg$607K$336K50x
Deribit LIT_USDC-PERPETUAL−0.0240%1h4.8103+0.398%$42K$39K10xas long as short
Bullet LIT-USD−0.0226%1h4.8085+0.360%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0151%4h4.8127+0.447%$26.0M$58.6M50xas long as short
GRVT LIT_USDT_Perp−0.0126%4h4.8068+0.324%$894K$2.0M10xas long as short
Gate LIT_USDT−0.0038%4h4.8160+0.516%$2.8M$4.0M50xas long as short
Backpack LIT_USDC_PERP−0.0034%1h4.8153+0.501%$687K$982K5xas long as short
ApeX Omni LITUSDT−0.0015%1h4.8090+0.369%$57K$75K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.8103+0.396%$35K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.8121+0.435%$36K150xas long as short
Phoenix LIT+0.0017%1h4.8083+0.355%$206K$288K5xas long as short
Bybit LITUSDT+0.0029%4h4.8130+0.453%$41.8M$26.8M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.265%$422$178K5.5xas long as short
Nado LIT-PERP+0.0059%1h4.8098+0.385%$2.1M$1.6M10xas long as short
Paradex LIT-USD-PERP+0.0095%8h4.8038+0.260%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.8171+0.538%$60.0M$26.2M5xas long as short
Lighter RH LIT+0.0096%1h4.8202+0.603%$3.7M$12.2M5xas long as short
Hyperliquid LITshort+0.0100%1h4.8193+0.585%$217.5M$37.5M5x
Pacifica LIT+0.0100%1h4.8076+0.340%$651K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.8116+0.424%$77.3M$72.7M75xas long as short
Arcus LIT-USD+0.0100%1h4.8074+0.336%$127K$412K5xas long as short
MEXC LIT_USDT+0.0100%4h4.8118+0.428%$6.3M$4.0M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.8142+0.478%$5.5M$847K30xas long as short
Bitget LITUSDT+0.0100%4h4.8140+0.474%$6.9M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.8062+0.311%$295K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.8096+0.382%$448K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.7720−0.404%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.8067+0.321%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.8105+0.401%$1K$335K5xas long as short
HTX LIT-USDT+0.0100%4h4.8097+0.384%$193K$305K30xas long as short
Phemex LITUSDT+0.0100%4h4.8120+0.432%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0100%1h4.8060+0.307%$122K$2K10xas long as short
Extended LIT-USD+0.0104%1h4.8083+0.356%$5.0M$5.5M25xas long as short
Aevo LIT-PERP+0.0104%1h4.8106+0.402%$150K3xas long as short
RISEx LIT/USDC+0.0118%1h4.8139+0.471%$802K$2.4M5xas long as short
Aster LITUSDT+0.0317%4h4.8205+0.610%$12.9M$1.9M50xas long as short
Perpl LIT+0.0335%43m4.8146+0.487%$32K$620K33xas long as short
BloFin LIT-USDT+0.0340%4h4.8039+0.263%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.8115+0.422%$64K50xas long as short
Aftermath Perps LITUSD+0.0468%1h4.8061+0.309%$9K$195K10xas long as short