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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.001%
Price spread now: edgeX against Extended+0.551%73s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.140%−$14 on $10k
Price spread, last 3 days (all we have)−0.370%−$37 · spread now +0.551%, 7d avg +0.059%
Together, before fees−0.509%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.492% dearer against Extended than usual: you sell high and buy low (spread +0.551% now, against its 7-day average of +0.059%): +$49 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.71360.0104pay 0.0013% / 1h8m 16s$5.2M$5.2M25x
ShortedgeX LITUSDC4.73950.0044get 0.0022% / 4h2h 08m$288K$310K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
−$12.62
Price spread: +0.551% → +0.059%
$49.21
Slippage, 4 orders
−$15.17
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$7.42
Costs to cover
0.292%
Break-even
from the start
Slippage from Extended: live order book, 6 min ago; edgeX: live order book, 15 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 6 min ago0.10 bp3.9 bp −$428.1 bp −$281doesn't fitdoesn't fit
Sell edgeX live order book, 15 min ago5.16 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit

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
Deribit LIT_USDC-PERPETUAL−0.1217%1h4.7163+0.059%$41K$40K10xas long as short
Gate LIT_USDT−0.0636%4h4.7240+0.221%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0617%4h4.7114−0.046%$32K$2K10xas long as short
Phemex LITUSDT−0.0603%4h4.7140+0.009%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0584%1h4.7162+0.056%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0360%4h4.7149+0.028%$25.0M$61.9M50xas long as short
Bullet LIT-USD−0.0354%1h4.7180+0.094%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0298%4h4.7260+0.264%$5.2M$1.1M30xas long as short
Bybit LITUSDT−0.0287%4h4.7170+0.073%$42.6M$30.7M75xas long as short
GRVT LIT_USDT_Perp−0.0266%4h4.7310+0.370%$898K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0253%1h4.7286+0.319%$664K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.242%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0134%1h4.7393+0.545%$10K$202K10xas long as short
SoDEX LIT-USD−0.0061%1h4.7160+0.052%$1K$487K5xas long as short
Phoenix LIT−0.0050%1h4.7251+0.245%$245K$321K5xas long as short
Paradex LIT-USD-PERP−0.0020%8h4.7201+0.138%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7258+0.260%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7225+0.189%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7266+0.276%$813K$2.0M5xas long as short
Nado LIT-PERP+0.0016%1h4.7219+0.178%$2.1M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0022%1h4.7230+0.200%$446K$105K10xas long as short
Binance LITUSDT+0.0032%4h4.7127−0.018%$74.7M$81.6M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.919%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0036%4h4.7131−0.010%$5.8M$4.2M100xas long as short
edgeX LITUSDCshort+0.0044%4h4.7395+0.551%$288K$310K10x
Aevo LIT-PERP+0.0048%1h4.7149+0.028%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7225+0.189%$59.2M$30.3M5xas long as short
Hyperliquid LIT+0.0100%1h4.7303+0.355%$210.8M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7254+0.250%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7277+0.300%$583K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7227+0.194%$116K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.7374+0.505%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7190+0.115%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7360+0.476%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7206+0.150%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7258+0.259%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7306+0.361%$189K$329K30xas long as short
Extended LIT-USDlong+0.0104%1h4.7136long leg$5.2M$5.2M25x
Perpl LIT+0.0112%43m4.7289+0.324%$31K$843K33xas long as short
BloFin LIT-USDT+0.0148%4h4.7183+0.100%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0357% / S −0.0155%1h4.7209+0.155%$59K50xas long as short
Lighter RH LIT+0.0416%1h4.7256+0.255%$3.7M$14.3M5xas long as short