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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0544%/8h= −59.6% APRnext payment $0.68 per $10,000 · paid last 24h −0.072%
Price spread now: Coinbase International against Extended+0.016%7-day average +0.163% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.958%−$96 on $10k
Price spread, last 4 days (all we have)+0.440%+$44 · spread now +0.016%, 7d avg +0.163%
Together, before fees−0.518%+ Points / potential airdropExtended: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Coinbase International is 0.147% cheaper against Extended than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.163%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.77720.0104pay 0.0013% / 1h3m 19s$5.1M$5.2M25x
ShortCoinbase International LIT-PERP-INTX4.7780−0.0440pay 0.0055% / 1h3m 19s$605K$352K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
−$114.24
Price spread: +0.016% → +0.163%
−$14.66
Slippage, 4 orders
−$38.31
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$182.21
Costs to cover
0.533%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Coinbase International: live order book, 40 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 Extended live order book, 6 min ago0.10 bp4.2 bp −$423.5 bp −$235doesn't fitdoesn't fit
Sell Coinbase International live order book, 40 min ago10.61 bp18.5 bp −$1952.6 bp −$526doesn'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
Coinbase International LIT-PERP-INTXshort−0.0440%1h4.7780+0.016%$605K$352K50x
Orderly PERP_LIT_USDC−0.0363%4h4.7748−0.050%$33K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0321%1h4.7811+0.081%$42K$40K10xas long as short
01 Exchange LITUSD−0.0264%1h4.7780+0.017%$31K$3K5xas long as short
Bullet LIT-USD−0.0192%1h4.7814+0.088%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0134%4h4.7806+0.071%$25.7M$60.4M50xas long as short
GRVT LIT_USDT_Perp−0.0062%4h4.7880+0.226%$886K$2.0M10xas long as short
dYdX LIT-USD0.0000%1h4.7871+0.208%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7846+0.155%$11K150xas long as short
Phoenix LIT+0.0033%1h4.7929+0.329%$206K$301K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective LIT/USDC PERP+0.0033%1h4.8040+0.561%$422$178K5.5xas long as short
Bybit LITUSDT+0.0041%4h4.7800+0.059%$41.4M$28.0M75xas long as short
Backpack LIT_USDC_PERP+0.0050%1h4.7841+0.145%$675K$941K5xas long as short
Paradex LIT-USD-PERP+0.0093%8h4.7784+0.024%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7881+0.228%$59.5M$27.5M5xas long as short
Nado LIT-PERP+0.0100%1h4.7810+0.081%$2.1M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7848+0.160%$769K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7792+0.042%$76.6M$75.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.7835+0.132%$124K$445K5xas long as short
Gate LIT_USDT+0.0100%4h4.7860+0.184%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7798+0.055%$5.8M$4.0M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7869+0.203%$5.5M$992K30xas long as short
Bitget LITUSDT+0.0100%4h4.7850+0.164%$6.8M$2.5M20xas long as short
edgeX LITUSDC+0.0100%4h4.7875+0.217%$293K$304K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7890+0.247%$57K$73K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7815+0.090%$449K$83K10xas long as short
Derive LIT-PERP+0.0100%1h4.7837+0.136%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7817+0.094%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7807+0.074%$1K$335K5xas long as short
HTX LIT-USDT+0.0100%4h4.7969+0.413%$200K$298K30xas long as short
Phemex LITUSDT+0.0100%4h4.7830+0.122%$1.4M$2.8M20xas long as short
Bulk LIT-USD+0.0100%1h4.7895+0.258%$119K$7K10xas long as short
Extended LIT-USDlong+0.0104%1h4.7772long leg$5.1M$5.2M25x
Aevo LIT-PERP+0.0104%1h4.7836+0.134%$150K3xas long as short
RISEx LIT/USDC+0.0148%1h4.7841+0.145%$804K$2.3M5xas long as short
Aster LITUSDT+0.0199%4h4.7897+0.263%$12.8M$1.9M50xas long as short
Hyperliquid LIT+0.0269%1h4.7917+0.304%$216.2M$39.0M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7854+0.172%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0368%1h4.7899+0.266%$3.7M$13.3M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7835+0.132%$64K50xas long as short
Aftermath Perps LITUSD+0.0428%1h4.7904+0.277%$10K$205K10xas long as short
Perpl LIT+0.0447%43m4.7875+0.216%$32K$664K33xas long as short