Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0444%/8h= +48.6% APRpaid last 24h +0.076%

Price spread now: HTX against Coinbase International−0.031%7-day average +0.023% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$990.995% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.928%+$93 on $10k

Price spread, last 4 days (all we have)−0.256%−$26 · spread now −0.031%, 7d avg +0.023%

Together, before fees+0.671%+$67 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.054% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.023%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$13 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7936	−0.0344	get 0.0043% / 1h	12m 43s	$607K	$348K	50x
Short	HTX LIT-USDT	4.7921	0.0100	get 0.0050% / 4h	12m 43s	$193K	$312K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.031%Rate

Funding earned: $93.24
Price spread: −0.031% → +0.023%: −$5.42
Slippage, 4 orders: −$77.46
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$11.65
Costs to cover: 0.995%
Break-even: 7.9 days

Slippage from Coinbase International: live order book, 25 min ago; HTX: live order book, 24 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, 25 min ago	5.80 bp	20.9 bp −$21	64.0 bp −$640	doesn't fit	doesn't fit
Sell HTX live order book, 24 min ago	20.74 bp	31.8 bp −$32	154.3 bp −$1,543	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
Orderly PERP_LIT_USDC	−0.0383%	4h	4.7955	+0.040%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0344%	1h	4.7936	long leg	$607K	$348K	50x
Deribit LIT_USDC-PERPETUAL	−0.0343%	1h	4.7998	+0.130%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0288%	1h	4.7999	+0.132%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0213%	1h	4.7988	+0.109%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0161%	4h	4.8007	+0.149%	$25.8M	$59.5M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0100%	4h	4.7960	+0.050%	$887K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0010%	1h	4.7920	−0.033%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8020	+0.176%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8020	+0.176%	$36K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.217%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0036%	4h	4.7990	+0.113%	$41.6M	$27.5M	75x	as long as short
Phoenix LIT	+0.0050%	1h	4.8078	+0.297%	$206K	$293K	5x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.8038	+0.213%	$802K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8008	+0.151%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8043	+0.224%	$59.8M	$26.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7971	+0.074%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8020	+0.176%	$821K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7987	+0.107%	$76.9M	$73.8M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8016	+0.167%	$127K	$446K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8010	+0.155%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7971	+0.073%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8002	+0.138%	$5.5M	$935K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8010	+0.155%	$6.8M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8010	+0.155%	$685K	$1.0M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7894	−0.087%	$293K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7999	+0.132%	$447K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8015	+0.165%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7975	+0.082%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8000	+0.134%	$1K	$332K	5x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7921	−0.031%	$193K	$312K	30x
Phemex LITUSDT	+0.0100%	4h	4.8000	+0.134%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7777	−0.331%	$119K	$6K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7988	+0.109%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7977	+0.085%	$150K	—	3x	as long as short
Hyperliquid LIT	+0.0210%	1h	4.8080	+0.301%	$217.3M	$38.8M	5x	as long as short
Lighter RH LIT	+0.0256%	1h	4.8062	+0.263%	$3.7M	$12.8M	5x	as long as short
Aster LITUSDT	+0.0261%	4h	4.8067	+0.274%	$12.9M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7975	+0.082%	$1.6M	$2.3M	75x	as long as short
Aftermath Perps LITUSD	+0.0375%	1h	4.7924	−0.025%	$9K	$203K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.7956	+0.042%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8037	+0.210%	$32K	$645K	33x	as long as short