Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0636%/8h= −69.6% APRpaid last 24h −0.155%

Price spread now: Coinbase International against BloFin+0.155%58s7-day average +0.159% · you sell dearer than you buy

Net, funding: paid 7d − costs−$188as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.648% of the position

Long on BloFin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−1.229%−$123 on $10k

Price spread, last 4 days (all we have)+0.575%+$58 · spread now +0.155%, 7d avg +0.159%

Together, before fees−0.654%−$65 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.159%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin LIT-USDT	4.8053	0.0340	pay 0.0170% / 4h	1h 55m	$1.6M	$2.3M	75x
Short	Coinbase International LIT-PERP-INTX	4.8127	−0.0296	pay 0.0037% / 1h	55m 28s	$609K	$297K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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 BloFinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.155%Rate

Funding earned: −$133.56
Price spread: +0.155% → +0.159%: −$0.4
Slippage, 4 orders: −$42.81
Fee BloFin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$198.77
Costs to cover: 0.648%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; Coinbase International: live order book, 55 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 BloFin live order book, 6 min ago	0.21 bp	14.2 bp −$14	26.0 bp −$260	doesn't fit	doesn't fit
Sell Coinbase International live order book, 55 min ago	9.64 bp	18.7 bp −$19	66.1 bp −$661	doesn't fit	doesn't fit

LIT on 41 exchanges

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
Orderly PERP_LIT_USDC	−0.0363%	4h	4.8031	−0.046%	$33K	$313	10x	as long as short
01 Exchange LITUSD	−0.0304%	1h	4.8028	−0.052%	$31K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0296%	1h	4.8127	+0.155%	$609K	$297K	50x
Deribit LIT_USDC-PERPETUAL	−0.0133%	1h	4.8085	+0.067%	$42K	$19K	10x	as long as short
Bullet LIT-USD	−0.0081%	1h	4.8056	+0.006%	$86K	$44K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0080%	4h	4.8094	+0.085%	$26.1M	$54.2M	50x	as long as short
Extended LIT-USD	−0.0080%	1h	4.8031	−0.047%	$5.1M	$4.8M	25x	as long as short
ApeX Omni LITUSDT	−0.0026%	1h	4.7900	−0.318%	$58K	$78K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8069	+0.033%	$35K	—	5x	as long as short
Phoenix LIT	0.0000%	1h	4.8185	+0.275%	$207K	$268K	5x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7974	−0.165%	$36K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0006%	4h	4.8044	−0.020%	$893K	$1.9M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.027%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0068%	4h	4.8060	+0.015%	$41.7M	$24.8M	75x	as long as short
Gate LIT_USDT	+0.0072%	4h	4.8060	+0.015%	$2.8M	$3.6M	50x	as long as short
Pacifica LIT	+0.0092%	1h	4.8061	+0.017%	$640K	$1.5M	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8107	+0.112%	$60.0M	$23.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0098%	8h	4.8044	−0.019%	$7K	$1K	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8053	−0.001%	$2.1M	$1.5M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8115	+0.129%	$217.4M	$34.9M	5x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8055	+0.004%	$77.5M	$65.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8066	+0.027%	$132K	$358K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8088	+0.073%	$157K	$37K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8053	0.000%	$6.3M	$3.5M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8076	+0.048%	$5.5M	$678K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8050	−0.006%	$6.9M	$2.2M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8060	+0.015%	$685K	$869K	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7942	−0.231%	$294K	$300K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8063	+0.021%	$448K	$80K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8034	−0.040%	$4K	$1.0M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8027	−0.054%	$4K	$297K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8018	−0.073%	$193K	$269K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8090	+0.077%	$1.4M	$2.7M	20x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8071	+0.037%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0176%	1h	4.8073	+0.041%	$808K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0288%	4h	4.8096	+0.089%	$12.9M	$1.8M	50x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.8053	long leg	$1.6M	$2.3M	75x
Lighter RH LIT	+0.0360%	1h	4.8129	+0.158%	$3.8M	$11.2M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.8070	+0.035%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8072	+0.039%	$29K	$561K	33x	as long as short
Aftermath Perps LITUSD	+0.0475%	1h	4.8044	−0.018%	$9K	$183K	10x	as long as short