Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.041%

Price spread now: Coinbase International against SunX+0.995%7-day average +0.138% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.998%−$100 on $10k

Price spread, last 3 days (all we have)−0.384%−$38 · spread now +0.995%, 7d avg +0.138%

Together, before fees−1.383%−$138 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.857% dearer against SunX than usual: you sell high and buy low (spread +0.995% now, against its 7-day average of +0.138%): +$86 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.7251	0.0100	pay 0.0050% / 4h	2h 08m	$4K	$1.2M	20x
Short	Coinbase International LIT-PERP-INTX	4.7721	−0.0152	pay 0.0019% / 1h	8m 27s	$660K	$404K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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 SunXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.995%Rate

Funding earned: −$52.92
Price spread: +0.995% → +0.138%: $85.73
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $14.81
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 5 min ago; Coinbase International: live order book, 15 min ago. Net counts fees only.

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 SunX live order book, 5 min ago	500.04 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 15 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
Deribit LIT_USDC-PERPETUAL	−0.1090%	1h	4.7248	−0.007%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0636%	4h	4.7240	−0.023%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0617%	4h	4.7114	−0.290%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0606%	4h	4.7200	−0.108%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0584%	1h	4.7162	−0.188%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0354%	1h	4.7180	−0.150%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0354%	4h	4.7131	−0.254%	$25.0M	$61.9M	50x	as long as short
KuCoin LITUSDTM	−0.0298%	4h	4.7260	+0.019%	$5.2M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0287%	4h	4.7190	−0.129%	$42.7M	$30.7M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0266%	4h	4.7310	+0.125%	$898K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0253%	1h	4.7286	+0.074%	$664K	$1.5M	5x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0152%	1h	4.7721	+0.995%	$660K	$404K	50x
Aftermath Perps LITUSD	−0.0134%	1h	4.7393	+0.300%	$10K	$202K	10x	as long as short
SoDEX LIT-USD	−0.0066%	1h	4.7235	−0.034%	$999	$487K	5x	as long as short
Phoenix LIT	−0.0050%	1h	4.7251	0.000%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0020%	8h	4.7201	−0.106%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7258	+0.015%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7225	−0.055%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7266	+0.031%	$813K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0016%	1h	4.7219	−0.067%	$2.1M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0022%	1h	4.7230	−0.044%	$446K	$105K	10x	as long as short
Binance LITUSDT	+0.0032%	4h	4.7157	−0.200%	$74.7M	$81.6M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.670%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0036%	4h	4.7186	−0.138%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0044%	4h	4.7395	+0.306%	$288K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7205	−0.096%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7287	+0.076%	$59.3M	$30.3M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7303	+0.110%	$210.8M	$45.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7280	+0.062%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7277	+0.055%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7227	−0.051%	$116K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7374	+0.260%	$119K	$6K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7270	+0.040%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7360	+0.231%	$56K	$78K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7282	+0.067%	$2K	$1K	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.7251	long leg	$4K	$1.2M	20x
HTX LIT-USDT	+0.0100%	4h	4.7306	+0.116%	$189K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7215	−0.077%	$5.2M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.7289	+0.079%	$31K	$843K	33x	as long as short
BloFin LIT-USDT	+0.0148%	4h	4.7183	−0.144%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0357% / S −0.0155%	1h	4.7209	−0.089%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0416%	1h	4.7337	+0.182%	$3.7M	$14.3M	5x	as long as short