Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%

Price spread now: HTX against Extended+0.151%7-day average +0.184% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$760.763% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.151%, 7d avg +0.184%

Together, before fees−0.021%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.033% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.184%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LIT-USD	4.7329	0.0104	pay 0.0013% / 1h	15m 41s	$5.2M	$5.1M	25x
Short	HTX LIT-USDT	4.7400	0.0100	get 0.0050% / 4h	2h 15m	$191K	$360K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee ExtendedbpFee HTXbpOrdersPrice spread, now +0.151%Rate

Funding earned: −$0.84
Price spread: +0.151% → +0.184%: −$3.28
Slippage, 4 orders: −$59.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$80.47
Costs to cover: 0.763%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; HTX: live order book, 52 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 Extended live order book, 3 min ago	1.37 bp	7.3 bp −$7	50.1 bp −$501	doesn't fit	doesn't fit
Sell HTX live order book, 52 min ago	20.87 bp	31.6 bp −$32	162.7 bp −$1,627	doesn't fit	doesn't fit

LIT on 41 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
01 Exchange LITUSD	−0.0616%	1h	4.7195	−0.282%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0462%	4h	4.7182	−0.310%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0423%	1h	4.7244	−0.178%	$85K	$72K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0352%	1h	4.7279	−0.106%	$41K	$40K	10x	as long as short
Phemex LITUSDT	−0.0208%	4h	4.7230	−0.208%	$1.4M	$2.7M	20x	as long as short
GRVT LIT_USDT_Perp	−0.0180%	4h	4.7340	+0.024%	$900K	$1.8M	10x	as long as short
ApeX Omni LITUSDT	−0.0173%	1h	4.7310	−0.039%	$56K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0130%	4h	4.7281	−0.101%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0120%	4h	4.7307	−0.046%	$25.7M	$63.3M	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.7434	+0.223%	$205K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7291	−0.080%	$669K	$372K	50x	as long as short
Bulk LIT-USD	−0.0020%	1h	4.7177	−0.320%	$118K	$1K	10x	as long as short
Bybit LITUSDT	−0.0020%	4h	4.7309	−0.041%	$42.2M	$29.1M	75x	as long as short
Gate LIT_USDT	−0.0010%	4h	4.7310	−0.039%	$2.8M	$4.3M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7341	+0.026%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7287	−0.088%	$473	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0033%	8h	4.7283	−0.096%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.503%	$422	$178K	5.5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7305	−0.050%	$806K	$2.0M	5x	as long as short
MEXC LIT_USDT	+0.0094%	4h	4.7319	−0.020%	$5.5M	$4.1M	100x	as long as short
Lighter LIT	+0.0096%	1h	4.7377	+0.102%	$59.3M	$29.6M	5x	as long as short
Binance LITUSDT	+0.0097%	4h	4.7310	−0.040%	$75.4M	$79.9M	75x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7218	−0.233%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7407	+0.166%	$212.1M	$42.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7324	−0.010%	$587K	$1.6M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7302	−0.056%	$117K	$447K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7350	+0.045%	$6.7M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7342	+0.028%	$686K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7300	−0.060%	$288K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7269	−0.126%	$447K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7307	−0.046%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7282	−0.099%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7270	−0.124%	$1K	$439K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7400	+0.151%	$191K	$360K	30x
Extended LIT-USDlong	+0.0104%	1h	4.7329	long leg	$5.2M	$5.1M	25x
Aevo LIT-PERP	+0.0104%	1h	4.7256	−0.154%	$148K	—	3x	as long as short
Aster LITUSDT	+0.0110%	4h	4.7397	+0.145%	$12.7M	$2.1M	50x	as long as short
Lighter RH LIT	+0.0136%	1h	4.7403	+0.157%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0260%	1h	4.7322	−0.014%	$10K	$210K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0406% / S −0.0199%	1h	4.7267	−0.130%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7268	−0.127%	$31K	$851K	33x	as long as short