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 Bitget−0.250%7-day average +0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$810.812% of the position

Long on Bitget Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.931%−$93 on $10k

Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.250%, 7d avg +0.077%

Together, before fees−0.523%−$52 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.328% cheaper against Bitget than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.077%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LITUSDT	4.7120	0.0100	pay 0.0050% / 4h	1h 34m	$6.7M	$2.7M	20x
Short	Coinbase International LIT-PERP-INTX	4.7002	−0.0152	pay 0.0019% / 1h	34m 04s	$665K	$397K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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 BitgetbpFee Coinbase InternationalbpOrdersPrice spread, now −0.250%Rate

Funding earned: −$52.92
Price spread: −0.250% → +0.077%: −$32.75
Slippage, 4 orders: −$59.22
Fee Bitget: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$166.89
Costs to cover: 0.812%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Coinbase International: live order book, 49 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 Bitget live order book, 4 min ago	2.12 bp	19.5 bp −$20	99.2 bp −$992	doesn't fit	doesn't fit
Sell Coinbase International live order book, 49 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	−0.1100%	4h	4.7080	−0.085%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0915%	1h	4.7081	−0.083%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0743%	1h	4.7126	+0.013%	$662K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0629%	4h	4.7020	−0.212%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.6951	−0.359%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0534%	4h	4.7100	−0.042%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0434%	4h	4.7056	−0.136%	$25.2M	$62.0M	50x	as long as short
Bullet LIT-USD	−0.0341%	1h	4.7065	−0.117%	$85K	$80K	20x	as long as short
Bybit LITUSDT	−0.0300%	4h	4.7090	−0.064%	$42.6M	$30.3M	75x	as long as short
KuCoin LITUSDTM	−0.0290%	4h	4.7064	−0.119%	$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	−0.0227%	1h	4.7085	−0.074%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0184%	4h	4.7051	−0.147%	$898K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0152%	1h	4.7002	−0.250%	$665K	$397K	50x
RISEx LIT/USDC	−0.0082%	1h	4.7074	−0.098%	$784K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0038%	1h	4.7039	−0.171%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7117	−0.006%	$244K	$327K	5x	as long as short
Paradex LIT-USD-PERP	−0.0007%	8h	4.7023	−0.205%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7074	−0.097%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7152	+0.067%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.952%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0056%	4h	4.7046	−0.157%	$74.6M	$80.9M	75x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.7067	−0.112%	$5.6M	$4.2M	100x	as long as short
SoDEX LIT-USD	+0.0058%	1h	4.7085	−0.074%	$1K	$465K	5x	as long as short
edgeX LITUSDC	+0.0060%	4h	4.7056	−0.135%	$286K	$311K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7053	−0.141%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7134	+0.030%	$59.3M	$29.5M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7142	+0.047%	$210.2M	$44.2M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7155	+0.075%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7092	−0.060%	$579K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7061	−0.125%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7148	+0.059%	$118K	$5K	10x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.7120	long leg	$6.7M	$2.7M	20x
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	+0.021%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7085	−0.074%	$445K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7123	+0.006%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7056	−0.136%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7047	−0.155%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7056	−0.136%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0230%	4h	4.6967	−0.325%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7073	−0.100%	$31K	$838K	33x	as long as short
Lighter RH LIT	+0.0352%	1h	4.7160	+0.085%	$3.7M	$13.6M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7143	+0.049%	$59K	—	50x	as long as short