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: SunX against Coinbase International+0.015%7-day average −0.145% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.921%+$92 on $10k

Price spread, last 4 days (all we have)−0.395%−$40 · spread now +0.015%, 7d avg −0.145%

Together, before fees+0.526%+$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and SunX is 0.161% dearer against Coinbase International than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.145%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International LIT-PERP-INTX	4.7780	−0.0344	get 0.0043% / 1h	19m 18s	$605K	$347K	50x
Short	SunX LIT-USDT	4.7787	0.0100	get 0.0050% / 4h	19m 18s	$4K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.015%Rate

Funding earned: $93.24
Price spread: +0.015% → −0.145%: $16.06
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $91.3
Costs to cover: 0.180%
Break-even: 0.1 days

Slippage unknown: Coinbase International: live order book, 19 min ago; SunX: live order book, 3 min ago. Net counts fees only.

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, 19 min ago	5.80 bp	20.9 bp −$21	64.0 bp −$640	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	500.04 bp	doesn't fit	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	−0.0440%	1h	4.7817	+0.077%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0381%	4h	4.7766	−0.029%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTXlong	−0.0344%	1h	4.7780	long leg	$605K	$347K	50x
01 Exchange LITUSD	−0.0304%	1h	4.7803	+0.049%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0219%	1h	4.7826	+0.098%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0160%	4h	4.7822	+0.089%	$25.7M	$59.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0106%	4h	4.7688	−0.192%	$882K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0055%	1h	4.7740	−0.083%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7811	+0.066%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7855	+0.159%	$36K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	+0.0025%	4h	4.7822	+0.089%	$41.5M	$28.1M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.545%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7725	−0.114%	$205K	$293K	5x	as long as short
RISEx LIT/USDC	+0.0064%	1h	4.7848	+0.144%	$797K	$2.3M	5x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7770	−0.021%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7899	+0.250%	$59.7M	$26.8M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7791	+0.024%	$2.2M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7830	+0.105%	$818K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7835	+0.116%	$76.7M	$74.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7839	+0.124%	$126K	$446K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7830	+0.105%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7814	+0.072%	$5.9M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7827	+0.099%	$5.4M	$931K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7850	+0.147%	$6.8M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7830	+0.105%	$682K	$1.0M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7708	−0.150%	$292K	$302K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7838	+0.122%	$446K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7710	−0.146%	$2K	$961	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.7787	+0.015%	$4K	$1.1M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7834	+0.114%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7771	−0.018%	$192K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7800	+0.042%	$1.4M	$2.7M	20x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7777	−0.006%	$119K	$6K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7810	+0.064%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7789	+0.019%	$149K	—	3x	as long as short
Hyperliquid LIT	+0.0222%	1h	4.7894	+0.239%	$216.3M	$38.7M	5x	as long as short
Aster LITUSDT	+0.0237%	4h	4.7850	+0.148%	$12.8M	$2.0M	50x	as long as short
Lighter RH LIT	+0.0240%	1h	4.7936	+0.327%	$3.7M	$12.8M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7807	+0.057%	$1.6M	$2.3M	75x	as long as short
Aftermath Perps LITUSD	+0.0343%	1h	4.7783	+0.007%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0425% / S −0.0217%	1h	4.7833	+0.112%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7866	+0.180%	$32K	$645K	33x	as long as short