Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.085%

Price spread now: Coinbase International against edgeX−0.337%7-day average +0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$600.600% of the position

Long on edgeX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.792%−$79 on $10k

Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.337%, 7d avg +0.109%

Together, before fees−0.423%+ Points / potential airdropedgeX: Active · farm board−$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Coinbase International is 0.445% cheaper against edgeX than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of +0.109%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.7429	0.0100	pay 0.0050% / 4h	1h 08m	$291K	$299K	10x
Short	Coinbase International LIT-PERP-INTX	4.7269	−0.0296	pay 0.0037% / 1h	8m 25s	$599K	$292K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. 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 edgeXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.337%Rate

Funding earned: −$83.16
Price spread: −0.337% → +0.109%: −$44.55
Slippage, 4 orders: −$40.96
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$187.66
Costs to cover: 0.600%
Break-even: never at this rate

Slippage from edgeX: live order book, 38 min ago; Coinbase International: live order book, 38 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 edgeX live order book, 38 min ago	5.21 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 38 min ago	9.85 bp	19.3 bp −$19	56.1 bp −$561	doesn't fit	doesn't fit

LIT on 41 exchanges

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
Orderly PERP_LIT_USDC	−0.0384%	4h	4.7574	+0.306%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0336%	1h	4.7599	+0.359%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0296%	1h	4.7269	−0.337%	$599K	$292K	50x
Gate LIT_USDT	−0.0254%	4h	4.7670	+0.508%	$2.8M	$3.6M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0234%	1h	4.7601	+0.363%	$679K	$868K	5x	as long as short
Bullet LIT-USD	−0.0194%	1h	4.7636	+0.437%	$85K	$44K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0175%	1h	4.7536	+0.226%	$42K	$19K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0068%	4h	4.7478	+0.103%	$880K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0064%	4h	4.7654	+0.475%	$26.0M	$54.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7637	+0.439%	$34K	—	5x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7544	+0.242%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.289%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0053%	1h	4.7420	−0.019%	$57K	$78K	50x	as long as short
Extended LIT-USD	+0.0072%	1h	4.7615	+0.391%	$5.1M	$5.0M	25x	as long as short
Paradex LIT-USD-PERP	+0.0081%	8h	4.7616	+0.395%	$7K	$1K	5x	as long as short
Phoenix LIT	+0.0083%	1h	4.7565	+0.287%	$204K	$268K	5x	as long as short
Bybit LITUSDT	+0.0088%	4h	4.7635	+0.435%	$41.4M	$25.1M	75x	as long as short
Pacifica LIT	+0.0092%	1h	4.7628	+0.421%	$630K	$1.5M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7683	+0.536%	$59.4M	$24.0M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7701	+0.574%	$3.6M	$12.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7615	+0.392%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7687	+0.544%	$215.0M	$34.9M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7630	+0.424%	$76.8M	$66.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7627	+0.418%	$134K	$362K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7547	+0.248%	$158K	$50K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7615	+0.392%	$6.3M	$3.6M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7635	+0.435%	$5.4M	$643K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7650	+0.466%	$6.8M	$2.2M	20x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.7429	long leg	$291K	$299K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7627	+0.418%	$456K	$125K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7490	+0.129%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7597	+0.354%	$4K	$300K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7553	+0.262%	$191K	$256K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7550	+0.255%	$1.4M	$2.7M	20x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7600	+0.361%	$149K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7522	+0.196%	$28K	$545K	33x	as long as short
RISEx LIT/USDC	+0.0176%	1h	4.7662	+0.491%	$802K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0201%	4h	4.7697	+0.565%	$12.8M	$1.7M	50x	as long as short
Aftermath Perps LITUSD	+0.0325%	1h	4.7557	+0.269%	$8K	$190K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7559	+0.274%	$1.6M	$2.4M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0422% / S −0.0217%	1h	4.7515	+0.181%	$63K	—	50x	as long as short