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−0.0275%/8h= −30.2% APRnext payment $1.38 per $10,000 · paid last 24h −0.088%
Price spread now: OKX against edgeX−0.054%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.179%−$18 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.054%, 7d avg −0.020%
Together, before fees−0.245%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.033% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.179% in total (about -9.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.38 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
LongedgeX LITUSDC4.76900.0100pay 0.0050% / 4h1h 45m$292K$304K10x
ShortOKX LIT-USDT-SWAP4.7664−0.0175pay 0.0088% / 4h1h 45m$25.5M$61.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$57.82
Price spread: −0.054% → −0.020%
−$3.32
Slippage, 4 orders
−$24.88
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$105.03
Costs to cover
0.439%
Break-even
never at this rate
Slippage from edgeX: live order book, 62 min ago; OKX: live order book, 3 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 edgeX live order book, 62 min ago5.17 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.31 bp11.2 bp −$1126.3 bp −$263doesn'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−0.0568%1h4.7649−0.085%$42K$40K10xas long as short
Coinbase International LIT-PERP-INTX−0.0440%1h4.7761+0.150%$605K$352K50xas long as short
Orderly PERP_LIT_USDC−0.0385%4h4.7591−0.207%$33K$1K10xas long as short
01 Exchange LITUSD−0.0248%1h4.7629−0.127%$31K$3K5xas long as short
Bullet LIT-USD−0.0216%1h4.7653−0.077%$85K$66K20xas long as short
OKX LIT-USDT-SWAPshort−0.0175%4h4.7664−0.054%$25.5M$61.2M50x
Backpack LIT_USDC_PERP−0.0092%1h4.7664−0.054%$672K$1.1M5xas long as short
GRVT LIT_USDT_Perp−0.0072%4h4.7650−0.084%$882K$2.0M10xas long as short
dYdX LIT-USD0.0000%1h4.7680−0.019%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7695+0.012%$11K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT+0.0033%1h4.7792+0.215%$205K$301K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.735%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0063%1h4.7740+0.106%$57K$73K50xas long as short
KuCoin LITUSDTM+0.0074%4h4.7713+0.049%$5.4M$991K30xas long as short
Bybit LITUSDT+0.0083%4h4.7642−0.100%$41.3M$28.6M75xas long as short
Phemex LITUSDT+0.0091%4h4.7640−0.104%$1.3M$2.8M20xas long as short
Paradex LIT-USD-PERP+0.0092%8h4.7631−0.124%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7715+0.053%$59.3M$27.3M5xas long as short
Nado LIT-PERP+0.0100%1h4.7655−0.072%$2.1M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7695+0.011%$619K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7642−0.100%$76.3M$76.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7670−0.041%$123K$457K5xas long as short
Bulk LIT-USD+0.0100%1h4.7710+0.043%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7690+0.001%$2.8M$4.1M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7640−0.104%$5.9M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7680−0.020%$6.8M$2.5M20xas long as short
edgeX LITUSDClong+0.0100%4h4.7690long leg$292K$304K10x
Polymarket Perps LIT-USD+0.0100%1h4.7658−0.066%$447K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7676−0.029%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7657−0.068%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7670−0.041%$1K$331K5xas long as short
HTX LIT-USDT+0.0100%4h4.7801+0.234%$198K$323K30xas long as short
Extended LIT-USD+0.0104%1h4.7631−0.123%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7647−0.089%$149K3xas long as short
Perpl LIT+0.0112%43m4.7701+0.025%$32K$677K33xas long as short
RISEx LIT/USDC+0.0148%1h4.7674−0.032%$795K$2.2M5xas long as short
Aftermath Perps LITUSD+0.0185%1h4.7789+0.209%$9K$214K10xas long as short
Aster LITUSDT+0.0217%4h4.7732+0.089%$12.8M$2.0M50xas long as short
Hyperliquid LIT+0.0289%1h4.7737+0.099%$215.3M$40.4M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7647−0.089%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0368%1h4.7742+0.110%$3.6M$13.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0424% / S −0.0217%1h4.7680−0.019%$64K50xas long as short