Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.043%

Price spread now: Coinbase International against HTX+0.567%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$1081.075% of the position

Long on HTX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.993%−$99 on $10k

Price spread, last 3 days (all we have)−0.514%−$51 · spread now +0.567%, 7d avg −0.019%

Together, before fees−1.507%−$151 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.586% dearer against HTX than usual: you sell high and buy low (spread +0.567% now, against its 7-day average of −0.019%): +$59 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX LIT-USDT	4.6931	0.0100	pay 0.0050% / 4h	1h 18m	$188K	$329K	30x
Short	Coinbase International LIT-PERP-INTX	4.7197	−0.0152	pay 0.0019% / 1h	18m 46s	$668K	$398K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against HTX. 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 HTXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.567%Rate

Funding earned: −$52.92
Price spread: +0.567% → −0.019%: $58.65
Slippage, 4 orders: −$85.54
Fee HTX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$101.81
Costs to cover: 1.075%
Break-even: never at this rate

Slippage from HTX: live order book, 64 min ago; Coinbase International: live order book, 64 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 HTX live order book, 64 min ago	18.14 bp	29.4 bp −$29	252.4 bp −$2,524	doesn't fit	doesn't fit
Sell Coinbase International live order book, 64 min ago	8.70 bp	19.8 bp −$20	59.0 bp −$590	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
Gate LIT_USDT	−0.1300%	4h	4.6880	−0.109%	$2.8M	$4.5M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0834%	1h	4.6908	−0.049%	$659K	$1.4M	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0722%	1h	4.6871	−0.127%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0626%	4h	4.6812	−0.254%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.6819	−0.239%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0511%	4h	4.6860	−0.151%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0473%	4h	4.6830	−0.215%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0332%	1h	4.6862	−0.147%	$84K	$81K	20x	as long as short
Bybit LITUSDT	−0.0305%	4h	4.6847	−0.179%	$42.3M	$30.2M	75x	as long as short
KuCoin LITUSDTM	−0.0282%	4h	4.6899	−0.068%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0217%	1h	4.6961	+0.064%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0164%	4h	4.6884	−0.101%	$896K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0152%	1h	4.7197	+0.567%	$668K	$398K	50x
RISEx LIT/USDC	−0.0082%	1h	4.6902	−0.062%	$785K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0034%	1h	4.6852	−0.167%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.6914	−0.036%	$243K	$327K	5x	as long as short
Paradex LIT-USD-PERP	−0.0006%	8h	4.6839	−0.197%	$7K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6914	−0.035%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.6907	−0.051%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.363%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0052%	4h	4.6822	−0.232%	$74.3M	$80.9M	75x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.6835	−0.205%	$5.5M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0057%	4h	4.6898	−0.069%	$285K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0064%	1h	4.6860	−0.151%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.6931	0.000%	$59.1M	$29.8M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6922	−0.019%	$209.5M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.6901	−0.064%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.6908	−0.050%	$601K	$1.7M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6887	−0.094%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6888	−0.092%	$117K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6880	−0.109%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.6930	−0.002%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6885	−0.098%	$443K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6916	−0.032%	$2K	$650	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6875	−0.119%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6859	−0.153%	$989	$464K	5x	as long as short
HTX LIT-USDTlong	+0.0100%	4h	4.6931	long leg	$188K	$329K	30x
Extended LIT-USD	+0.0104%	1h	4.6833	−0.208%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0208%	4h	4.6839	−0.196%	$1.5M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0232%	1h	4.6953	+0.047%	$3.7M	$13.8M	5x	as long as short
Perpl LIT	+0.0335%	43m	4.6879	−0.111%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0374% / S −0.0169%	1h	4.6909	−0.046%	$62K	—	50x	as long as short