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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.033%
Price spread now: Hyperliquid against Extended+0.243%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.144%+$14 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.243%, 7d avg +0.150%
Together, before fees+0.011%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.094% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.150%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.79160.0104pay 0.0013% / 1h22m 05s$5.3M$4.9M25x
ShortHyperliquid LIT4.80330.0128get 0.0016% / 1h22m 05s$215.2M$40.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$5.09
Price spread: +0.243% → +0.150%
$9.37
Slippage, 4 orders
−$11.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$11.12
Costs to cover
0.256%
Break-even
22.3 days
Slippage from Extended: live order book, 2 min ago; Hyperliquid: live order book, 12 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, 2 min ago0.52 bp4.6 bp −$526.3 bp −$263doesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.32 bp10.1 bp −$10doesn'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
Coinbase International LIT-PERP-INTX−0.0448%1h4.7300−1.286%$612K$347K50xas long as short
Orderly PERP_LIT_USDC−0.0358%4h4.7884−0.068%$33K$1K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0313%1h4.7931+0.031%$42K$40K10xas long as short
01 Exchange LITUSD−0.0240%1h4.7935+0.039%$31K$4K5xas long as short
Phemex LITUSDT−0.0235%4h4.7920+0.007%$1.4M$2.8M20xas long as short
Bullet LIT-USD−0.0176%1h4.7902−0.030%$86K$66K20xas long as short
GRVT LIT_USDT_Perp−0.0150%4h4.7721−0.407%$881K$1.9M10xas long as short
OKX LIT-USDT-SWAP−0.0142%4h4.7974+0.120%$25.7M$61.5M50xas long as short
Phoenix LIT−0.0017%1h4.7786−0.272%$206K$283K5xas long as short
RISEx LIT/USDC−0.0012%1h4.7931+0.031%$827K$2.2M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0010%4h4.7970+0.112%$41.7M$28.6M75xas long as short
dYdX LIT-USD0.0000%1h4.7902−0.029%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7941+0.051%$11K150xas long as short
KuCoin LITUSDTM+0.0032%4h4.7929+0.026%$5.4M$1.0M30xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.258%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0094%8h4.7834−0.171%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7982+0.137%$59.8M$27.9M5xas long as short
Nado LIT-PERP+0.0100%1h4.7889−0.056%$2.2M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7883−0.070%$579K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7959+0.089%$77.1M$76.8M75xas long as short
Arcus LIT-USD+0.0100%1h4.7937+0.043%$119K$461K5xas long as short
Bulk LIT-USD+0.0100%1h4.7822−0.197%$119K$7K10xas long as short
Gate LIT_USDT+0.0100%4h4.7910−0.013%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7926+0.020%$5.9M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7990+0.154%$6.9M$2.5M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7990+0.154%$672K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.7814−0.213%$292K$303K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7810−0.222%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7941+0.051%$450K$84K10xas long as short
Derive LIT-PERP+0.0100%1h4.7958+0.086%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7888−0.059%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7940+0.049%$1K$335K5xas long as short
HTX LIT-USDT+0.0100%4h4.7893−0.049%$199K$346K30xas long as short
Extended LIT-USDlong+0.0104%1h4.7916long leg$5.3M$4.9M25x
Aevo LIT-PERP+0.0104%1h4.7908−0.018%$150K3xas long as short
Hyperliquid LITshort+0.0128%1h4.8033+0.243%$215.2M$40.2M5x
Lighter RH LIT+0.0208%1h4.8007+0.189%$3.7M$13.1M5xas long as short
Aster LITUSDT+0.0220%4h4.8018+0.212%$12.8M$1.9M50xas long as short
Aftermath Perps LITUSD+0.0331%1h4.7750−0.347%$8K$204K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7764−0.318%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0442% / S −0.0231%1h4.7937+0.044%$66K50xas long as short
Perpl LIT+0.0447%43m4.7915−0.003%$32K$683K33xas long as short