Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0548%/8h= +60.0% APRpaid last 24h +0.067%

Price spread now: edgeX against Coinbase International+0.976%7-day average −0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs+$24as in the Funding arb table

Net, price: spread back to 7d avg − costs+$51as in the Price arb table

costs, in and out, $10k−$580.578% of the position

Long on Coinbase International Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.822%+$82 on $10k

Price spread, last 4 days (all we have)−1.361%−$136 · spread now +0.976%, 7d avg −0.113%

Together, before fees−0.539%+ Points / potential airdropedgeX: Active · farm board−$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 1.089% dearer against Coinbase International than usual: you sell high and buy low: +$109 more if the spread goes back to its 7-day average of −0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7300	−0.0448	get 0.0056% / 1h	33m 30s	$612K	$347K	50x
Short	edgeX LITUSDC	4.7762	0.0100	get 0.0050% / 4h	2h 33m	$292K	$304K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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 Coinbase InternationalbpFee edgeXbpOrdersPrice spread, now +0.976%Rate

Funding earned: $115.08
Price spread: +0.976% → −0.113%: $108.89
Slippage, 4 orders: −$38.83
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $166.14
Costs to cover: 0.578%
Break-even: from the start

Slippage from Coinbase International: live order book, 15 min ago; edgeX: live order book, 14 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 Coinbase International live order book, 15 min ago	7.20 bp	18.8 bp −$19	72.4 bp −$724	doesn't fit	doesn't fit
Sell edgeX live order book, 14 min ago	5.17 bp	12.3 bp −$12	doesn't fit	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	−0.0645%	1h	4.7428	+0.271%	$42K	$40K	10x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0448%	1h	4.7300	long leg	$612K	$347K	50x
Phemex LITUSDT	−0.0394%	4h	4.7440	+0.296%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0375%	4h	4.7433	+0.281%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0264%	1h	4.7358	+0.122%	$31K	$4K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0212%	4h	4.7640	+0.719%	$888K	$1.9M	10x	as long as short
Bullet LIT-USD	−0.0159%	1h	4.7374	+0.156%	$85K	$68K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0142%	4h	4.7380	+0.169%	$25.5M	$60.7M	50x	as long as short
Bybit LITUSDT	−0.0018%	4h	4.7370	+0.148%	$41.1M	$28.6M	75x	as long as short
Phoenix LIT	−0.0017%	1h	4.7563	+0.556%	$205K	$283K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0012%	1h	4.7428	+0.271%	$818K	$2.2M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7412	+0.237%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7409	+0.230%	$11K	—	150x	as long as short
KuCoin LITUSDTM	+0.0016%	4h	4.7440	+0.296%	$5.3M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.564%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7342	+0.089%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7443	+0.302%	$59.1M	$27.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7395	+0.200%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7468	+0.355%	$212.6M	$40.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7415	+0.243%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7346	+0.097%	$76.0M	$76.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7416	+0.245%	$117K	$462K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7450	+0.317%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7352	+0.110%	$5.8M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7390	+0.190%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7426	+0.266%	$664K	$1.1M	5x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7762	+0.976%	$292K	$304K	10x
ApeX Omni LITUSDT	+0.0100%	1h	4.7780	+1.014%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7382	+0.173%	$445K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7463	+0.345%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7432	+0.279%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7427	+0.268%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7785	+1.025%	$202K	$345K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7306	+0.012%	$118K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7372	+0.153%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7490	+0.402%	$149K	—	3x	as long as short
Lighter RH LIT	+0.0184%	1h	4.7458	+0.334%	$3.7M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0215%	4h	4.7436	+0.287%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7821	+1.101%	$1.6M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0437%	1h	4.7541	+0.510%	$8K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7408	+0.227%	$66K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7409	+0.230%	$31K	$684K	33x	as long as short