Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:29 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.038%

Price spread now: Perpl against Binance+0.097%7-day average +0.025% · you sell dearer than you buy

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

Long on Binance Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days−0.137%−$14 · spread now +0.097%, 7d avg +0.025%

Together, before fees−0.173%+ Points / potential airdropPerpl: Active · farm board−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Perpl is 0.072% dearer against Binance than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.025%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.037% in total) that is about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITUSDT	4.7209	0.0100	pay 0.0050% / 4h	3h 56m	$75.3M	$82.2M	75x
Short	Perpl LIT	4.7255	0	get 0.0000% / 43m	35m 56s	$31K	$856K	33x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl against Binance. 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 BinancebpFee PerplbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$21
Price spread: +0.097% → +0.025%: $7.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$37.61
Costs to cover: 0.238%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 1 min ago; Perpl: no order-book sample. 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 Binance live order book, 1 min ago	0.63 bp	13.6 bp −$14	33.9 bp −$339	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0786%	4h	4.7250	+0.086%	$2.8M	$4.4M	50x	as long as short
01 Exchange LITUSD	−0.0712%	1h	4.7211	+0.004%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0598%	1h	4.7238	+0.060%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0534%	4h	4.7183	−0.056%	$32K	$2K	10x	as long as short
OKX LIT-USDT-SWAP	−0.0313%	4h	4.7216	+0.014%	$25.6M	$64.0M	50x	as long as short
Bullet LIT-USD	−0.0311%	1h	4.7232	+0.049%	$84K	$77K	20x	as long as short
KuCoin LITUSDTM	−0.0172%	4h	4.7212	+0.006%	$5.2M	$1.1M	30x	as long as short
Backpack LIT_USDC_PERP	−0.0099%	1h	4.7270	+0.129%	$681K	$1.4M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7414	+0.433%	$670K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0086%	4h	4.7292	+0.175%	$906K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps LIT-USD	−0.0064%	1h	4.7262	+0.112%	$447K	$105K	10x	as long as short
Phoenix LIT	−0.0050%	1h	4.7209	0.000%	$205K	$361K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7263	+0.114%	$34K	—	5x	as long as short
Perpl LITshort	0.0000%	43m	4.7255	+0.097%	$31K	$856K	33x
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7292	+0.175%	$35K	—	150x	as long as short
Paradex LIT-USD-PERP	+0.0026%	8h	4.7217	+0.016%	$7K	$2K	5x	as long as short
Phemex LITUSDT	+0.0029%	4h	4.7210	+0.002%	$1.4M	$2.7M	20x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.760%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0048%	4h	4.7220	+0.023%	$42.6M	$30.4M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7273	+0.135%	$59.1M	$29.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7238	+0.062%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7315	+0.224%	$212.2M	$45.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7269	+0.128%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7254	+0.094%	$587K	$1.7M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7209	long leg	$75.3M	$82.2M	75x
Arcus LIT-USD	+0.0100%	1h	4.7254	+0.095%	$117K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7190	−0.041%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7223	+0.029%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7260	+0.108%	$6.7M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7271	+0.130%	$288K	$312K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7340	+0.277%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7272	+0.134%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7229	+0.042%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7228	+0.040%	$997	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7400	+0.404%	$189K	$347K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7201	−0.017%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7271	+0.131%	$148K	$44K	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7281	+0.152%	$796K	$2.1M	5x	as long as short
Aftermath Perps LITUSD	+0.0232%	1h	4.7318	+0.230%	$13K	$203K	10x	as long as short
Lighter RH LIT	+0.0288%	1h	4.7286	+0.163%	$3.7M	$13.6M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7241	+0.067%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0381% / S −0.0173%	1h	4.7275	+0.140%	$63K	—	50x	as long as short