Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0256%/8h= +28.0% APRpaid last 24h −0.026%

Price spread now: OKX against Coinbase International+0.393%7-day average −0.143% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$4as in the Price arb table

costs, in and out, $10k−$580.581% of the position

Long on Coinbase International Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.648%+$65 on $10k

Price spread, last 4 days (all we have)−0.625%−$62 · spread now +0.393%, 7d avg −0.143%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.537% dearer against Coinbase International than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of −0.143%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.6877	−0.0304	get 0.0038% / 1h	21m 17s	$607K	$357K	50x
Short	OKX LIT-USDT-SWAP	4.7061	−0.0048	pay 0.0024% / 4h	3h 21m	$25.3M	$60.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.393%Rate

Funding earned: $53.77
Price spread: +0.393% → −0.143%: $53.66
Slippage, 4 orders: −$38.13
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: $49.3
Costs to cover: 0.581%
Break-even: 0.6 days

Slippage from Coinbase International: live order book, 32 min ago; OKX: live order book, 2 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, 32 min ago	9.39 bp	19.9 bp −$20	49.5 bp −$495	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.53 bp	10.2 bp −$10	29.0 bp −$290	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
Deribit LIT_USDC-PERPETUAL	−0.0586%	1h	4.7073	+0.420%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0382%	4h	4.7015	+0.295%	$32K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0304%	1h	4.6877	long leg	$607K	$357K	50x
Bullet LIT-USD	−0.0288%	1h	4.7079	+0.432%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7061	+0.393%	$33K	$3K	5x	as long as short
Phemex LITUSDT	−0.0190%	4h	4.7040	+0.349%	$1.3M	$2.8M	20x	as long as short
Bybit LITUSDT	−0.0121%	4h	4.7092	+0.460%	$41.1M	$28.9M	75x	as long as short
ApeX Omni LITUSDT	−0.0053%	1h	4.6930	+0.114%	$56K	$75K	50x	as long as short
OKX LIT-USDT-SWAPshort	−0.0048%	4h	4.7061	+0.393%	$25.3M	$60.8M	50x
Phoenix LIT	−0.0017%	1h	4.7001	+0.265%	$202K	$299K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7117	+0.513%	$791K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7152	+0.586%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7154	+0.592%	$31K	$744K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7111	+0.500%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0008%	4h	4.7070	+0.413%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.482%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0062%	1h	4.7095	+0.467%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7077	+0.427%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7138	+0.558%	$58.8M	$28.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7170	+0.626%	$210.6M	$41.5M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7120	+0.520%	$573K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7071	+0.415%	$75.5M	$78.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7110	+0.498%	$118K	$449K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7090	+0.455%	$2.7M	$4.3M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7077	+0.428%	$5.7M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7100	+0.477%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7054	+0.378%	$659K	$1.3M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6956	+0.169%	$287K	$304K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7060	+0.391%	$903K	$1.8M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7090	+0.455%	$440K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7115	+0.508%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7084	+0.442%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7085	+0.445%	$1K	$373K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7154	+0.592%	$199K	$359K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6940	+0.135%	$117K	$8K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7049	+0.368%	$5.1M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7060	+0.391%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7161	+0.607%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0247%	4h	4.7167	+0.619%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0308%	1h	4.7111	+0.500%	$9K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6908	+0.067%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7120	+0.519%	$65K	—	50x	as long as short