Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.098%

Price spread now: OKX against Extended+0.059%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.314%−$31 on $10k

Price spread, last 7 days−0.015%−$1 · spread now +0.059%, 7d avg +0.048%

Together, before fees−0.329%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended LIT-USD	4.6962	0.0032	pay 0.0004% / 1h	15m 13s	$5.1M	$5.0M	25x
Short	OKX LIT-USDT-SWAP	4.6990	0.0020	get 0.0010% / 4h	15m 13s	$25.2M	$61.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$2.59
Price spread: +0.059% → +0.048%: $1.07
Slippage, 4 orders: −$15.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$31.52
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	0.21 bp	4.4 bp −$4	24.7 bp −$247	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.21 bp	10.6 bp −$11	33.3 bp −$333	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
01 Exchange LITUSD	−0.0400%	1h	4.6930	−0.069%	$33K	$3K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.6938	−0.052%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0299%	1h	4.6982	+0.042%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0284%	1h	4.6975	+0.027%	$84K	$68K	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6904	−0.124%	$613K	$388K	50x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6980	+0.038%	$2.7M	$4.3M	50x	as long as short
Bybit LITUSDT	−0.0080%	4h	4.6970	+0.016%	$41.2M	$28.8M	75x	as long as short
Phemex LITUSDT	−0.0073%	4h	4.6970	+0.016%	$1.3M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6998	+0.076%	$202K	$305K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7012	+0.105%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7003	+0.086%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAPshort	+0.0020%	4h	4.6990	+0.059%	$25.2M	$61.1M	50x
KuCoin LITUSDTM	+0.0022%	4h	4.7003	+0.087%	$5.2M	$1.0M	30x	as long as short
Extended LIT-USDlong	+0.0032%	1h	4.6962	long leg	$5.1M	$5.0M	25x
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.295%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0071%	1h	4.7010	+0.102%	$56K	$76K	50x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6979	+0.037%	$793K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0076%	8h	4.6915	−0.100%	$6K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0081%	1h	4.6961	−0.003%	$439K	$109K	10x	as long as short
Nado LIT-PERP	+0.0094%	1h	4.6945	−0.037%	$2.2M	$1.7M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7037	+0.159%	$58.6M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7060	+0.208%	$3.7M	$13.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7037	+0.159%	$210.2M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6968	+0.012%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6959	−0.007%	$75.2M	$79.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6974	+0.025%	$117K	$454K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6895	−0.143%	$117K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6961	−0.003%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6990	+0.059%	$6.7M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7027	+0.138%	$658K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6977	+0.030%	$287K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7008	+0.098%	$907K	$1.7M	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7004	+0.088%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6969	+0.014%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6975	+0.027%	$1K	$384K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7051	+0.189%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6968	+0.013%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0236%	4h	4.7033	+0.151%	$12.6M	$1.9M	50x	as long as short
Aftermath Perps LITUSD	+0.0246%	1h	4.6972	+0.020%	$10K	$204K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.7016	+0.115%	$31K	$761K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6973	+0.023%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.7001	+0.083%	$65K	—	50x	as long as short