Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0273%/8h= −29.9% APRpaid last 24h −0.091%

Price spread now: OKX against Pacifica+0.100%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Pacifica Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 7 days−0.116%−$12 · spread now +0.100%, 7d avg −0.026%

Together, before fees−0.330%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.126% dearer against Pacifica than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.026%): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 7 days (−0.214% in total) that is about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.7024	0.0100	pay 0.0013% / 1h	47m 18s	$583K	$1.7M	10x
Short	OKX LIT-USDT-SWAP	4.7071	−0.0173	pay 0.0087% / 4h	2h 47m	$25.6M	$63.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Pacifica. 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 PacificabpFee OKXbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$57.39
Price spread: +0.100% → −0.026%: $12.64
Slippage, 4 orders: −$20.38
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.13
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Pacifica: live order book, 7 min ago; OKX: live order book, 1 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 Pacifica live order book, 7 min ago	3.31 bp	8.6 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.43 bp	11.5 bp −$11	29.8 bp −$298	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
Deribit LIT_USDC-PERPETUAL	−0.0647%	1h	4.7015	−0.020%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.6949	−0.159%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0467%	4h	4.6953	−0.151%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0392%	1h	4.7008	−0.035%	$84K	$72K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0196%	1h	4.7079	+0.117%	$682K	$1.4M	5x	as long as short
OKX LIT-USDT-SWAPshort	−0.0173%	4h	4.7071	+0.100%	$25.6M	$63.9M	50x
Gate LIT_USDT	−0.0170%	4h	4.7040	+0.034%	$2.8M	$4.2M	50x	as long as short
KuCoin LITUSDTM	−0.0136%	4h	4.7066	+0.089%	$5.3M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0122%	4h	4.7120	+0.204%	$895K	$1.8M	10x	as long as short
Phoenix LIT	−0.0102%	1h	4.7162	+0.293%	$203K	$352K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	+0.393%	$668K	$387K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7022	−0.003%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7048	+0.051%	$471	—	150x	as long as short
Bulk LIT-USD	+0.0028%	1h	4.6991	−0.070%	$117K	$1K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.161%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0043%	8h	4.6967	−0.120%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7035	+0.022%	$784K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7096	+0.153%	$59.0M	$29.2M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6975	−0.104%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7075	+0.108%	$211.0M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7055	+0.066%	$12.6M	$2.1M	50x	as long as short
Pacifica LITlong	+0.0100%	1h	4.7024	long leg	$583K	$1.7M	10x
Binance LITUSDT	+0.0100%	4h	4.7022	−0.004%	$75.1M	$80.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7070	+0.098%	$42.3M	$29.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7004	−0.043%	$116K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7003	−0.045%	$5.4M	$4.0M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7010	−0.030%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7154	+0.277%	$287K	$306K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7150	+0.268%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6997	−0.057%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7041	+0.036%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7031	+0.015%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7025	+0.002%	$1K	$457K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7032	+0.017%	$188K	$354K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7010	−0.030%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7003	−0.045%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6987	−0.078%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7113	+0.189%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0339%	1h	4.7101	+0.164%	$9K	$209K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7139	+0.245%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0402% / S −0.0195%	1h	4.7045	+0.044%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7034	+0.022%	$31K	$861K	33x	as long as short