Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0289%/8h= +31.6% APRnext payment +$0.36 per $10,000 · paid last 24h +0.084%
Price spread now: GMX against Coinbase International−0.464%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. GMX is 0.464% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.464% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 5.3 days of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International LIT-PERP-INTX4.7608−0.0120get 0.0015% / 1h24m 35s$673K$402K50x
ShortGMX LIT/USD [ETH-USDC]4.7387L +0.0377% / S −0.0169%get 0.0021% / 1h24m 35s$62K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$60.69
Price spread: −0.464% → 0.000%
−$46.38
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$7.68
Costs to cover
0.220%
Break-even
7.9 days
Slippage unknown: Coinbase International: live order book, 54 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 54 min ago10.26 bp15.3 bp −$1553.3 bp −$533doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LIT_USDT−0.0856%4h4.7290−0.669%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0798%1h4.7359−0.523%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0577%4h4.7311−0.624%$32K$2K10xas long as short
01 Exchange LITUSD−0.0568%1h4.7193−0.872%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0393%4h4.7285−0.679%$25.7M$63.7M50xas long as short
Phemex LITUSDT−0.0347%4h4.7350−0.543%$1.4M$2.7M20xas long as short
Bullet LIT-USD−0.0334%1h4.7261−0.729%$85K$80K20xas long as short
KuCoin LITUSDTM−0.0216%4h4.7272−0.706%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTXlong−0.0120%1h4.7608long leg$673K$402K50x
GRVT LIT_USDT_Perp−0.0094%4h4.7510−0.206%$903K$1.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0050%1h4.7369−0.503%$206K$353K5xas long as short
Bybit LITUSDT−0.0020%4h4.7256−0.740%$42.6M$30.0M75xas long as short
Perpl LIT0.0000%43m4.7265−0.722%$31K$840K33xas long as short
dYdX LIT-USD+0.0001%1h4.7273−0.703%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7412−0.413%$35K150xas long as short
RISEx LIT/USDC+0.0012%1h4.7292−0.664%$814K$2.1M5xas long as short
Paradex LIT-USD-PERP+0.0022%8h4.7228−0.799%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.907%$422$178K5.5xas long as short
edgeX LITUSDC+0.0086%4h4.7392−0.454%$288K$312K10xas long as short
MEXC LIT_USDT+0.0094%4h4.7301−0.645%$5.5M$4.1M100xas long as short
Binance LITUSDT+0.0095%4h4.7255−0.742%$75.3M$81.6M75xas long as short
Lighter LIT+0.0096%1h4.7342−0.559%$59.5M$30.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.7270−0.711%$2.2M$1.7M10xas long as short
Aster LITUSDT+0.0100%4h4.7309−0.629%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7290−0.669%$589K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7272−0.706%$120K$456K5xas long as short
Bulk LIT-USD+0.0100%1h4.7353−0.536%$118K$4K10xas long as short
Bitget LITUSDT+0.0100%4h4.7270−0.711%$6.7M$2.8M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7364−0.513%$672K$1.4M5xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7460−0.312%$56K$77K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7287−0.675%$447K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7394−0.450%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7337−0.570%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7374−0.492%$982$466K5xas long as short
HTX LIT-USDT+0.0100%4h4.7454−0.324%$190K$337K30xas long as short
Extended LIT-USD+0.0104%1h4.7235−0.783%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7342−0.560%$148K$44K3xas long as short
Lighter RH LIT+0.0184%1h4.7332−0.580%$3.7M$13.9M5xas long as short
Aftermath Perps LITUSD+0.0189%1h4.7464−0.303%$13K$203K10xas long as short
Hyperliquid LIT+0.0191%1h4.7354−0.534%$212.4M$44.9M5xas long as short
BloFin LIT-USDT+0.0338%4h4.7320−0.606%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]shortL +0.0377% / S −0.0169%1h4.7387−0.464%$62K50x