LIT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0292%/8h= −32.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.056%

Price spread now: Coinbase International against Bulk+0.477%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$500.504% of the position

Long on Bulk Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.226%−$23 on $10k

Price spread, last 4 days (all we have)+0.176%+$18 · spread now +0.477%, 7d avg +0.103%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.374% dearer against Bulk than usual: you sell high and buy low (spread +0.477% now, against its 7-day average of +0.103%): +$37 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.6625	0.0100	pay 0.0013% / 1h	43m 12s	$116K	$1K	10x
Short	Coinbase International LIT-PERP-INTX	4.6848	−0.0192	pay 0.0024% / 1h	43m 12s	$612K	$404K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bulk. 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 BulkbpFee Coinbase InternationalbpOrdersPrice spread, now +0.477%Rate

Funding earned: −$61.32
Price spread: +0.477% → +0.103%: $37.41
Slippage, 4 orders: −$33.36
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$74.27
Costs to cover: 0.504%
Break-even: never at this rate

Slippage from Bulk: live order book, 16 min ago; Coinbase International: live order book, 15 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 Bulk live order book, 16 min ago	0.32 bp	5.8 bp −$6	11.8 bp −$118	40.2 bp −$4,024	doesn't fit
Sell Coinbase International live order book, 15 min ago	7.27 bp	16.4 bp −$16	53.2 bp −$532	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
01 Exchange LITUSD	−0.0512%	1h	4.6589	−0.078%	$32K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0511%	1h	4.6628	+0.006%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0390%	4h	4.6606	−0.041%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0237%	1h	4.6641	+0.034%	$83K	$68K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0229%	1h	4.6657	+0.068%	$659K	$1.4M	5x	as long as short
Gate LIT_USDT	−0.0224%	4h	4.6670	+0.096%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTXshort	−0.0192%	1h	4.6848	+0.477%	$612K	$404K	50x
Phemex LITUSDT	−0.0131%	4h	4.6620	−0.011%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	−0.0050%	1h	4.6655	+0.064%	$2.1M	$1.7M	10x	as long as short
Extended LIT-USD	−0.0048%	1h	4.6612	−0.028%	$5.1M	$5.0M	25x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.6711	+0.184%	$201K	$305K	5x	as long as short
Bybit LITUSDT	−0.0027%	4h	4.6640	+0.032%	$41.1M	$28.7M	75x	as long as short
KuCoin LITUSDTM	−0.0018%	4h	4.6686	+0.130%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0003%	4h	4.6637	+0.025%	$25.1M	$61.2M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6721	+0.206%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6684	+0.126%	$11K	—	150x	as long as short
ApeX Omni LITUSDT	+0.0026%	1h	4.6660	+0.074%	$56K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+3.034%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0064%	8h	4.6644	+0.041%	$7K	$2K	5x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.6672	+0.099%	$904K	$1.8M	10x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6676	+0.108%	$778K	$2.1M	5x	as long as short
Polymarket Perps LIT-USD	+0.0076%	1h	4.6654	+0.062%	$436K	$109K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6690	+0.139%	$58.2M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6703	+0.167%	$3.6M	$13.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6718	+0.199%	$208.9M	$42.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6677	+0.111%	$582K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6615	−0.022%	$74.5M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6720	+0.203%	$121K	$455K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6614	−0.024%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6650	+0.053%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6650	+0.054%	$284K	$305K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6650	+0.054%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6642	+0.036%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6649	+0.051%	$1K	$390K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6716	+0.195%	$197K	$388K	30x	as long as short
Bulk LIT-USDlong	+0.0100%	1h	4.6625	long leg	$116K	$1K	10x
Aevo LIT-PERP	+0.0104%	1h	4.6618	−0.016%	$146K	—	3x	as long as short
Aster LITUSDT	+0.0184%	4h	4.6703	+0.167%	$12.5M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0202%	1h	4.6732	+0.229%	$8K	$206K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6679	+0.115%	$31K	$791K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6592	−0.071%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6674	+0.103%	$62K	—	50x	as long as short