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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h +0.016%
Price spread now: Backpack against ApeX Omni+0.100%84s7-day average · you sell dearer than you buy
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 7 days+0.152%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Backpack is 0.100% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.152%, so the current rate has only just turned against you. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITUSDT4.78600.0100pay 0.0013% / 1h8m 07s$57K$73K50x
ShortBackpack LIT_USDC_PERP4.79080.0033get 0.0004% / 1h8m 07s$676K$942K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against ApeX Omni. 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
−$14.06
Price spread: +0.100% → 0.000%
$10.03
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$24.03
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Backpack: live order book, 6 min ago. 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 ApeX Omni no order-book sample
Sell Backpack live order book, 6 min ago0.10 bp5.8 bp −$614.2 bp −$142doesn't fitdoesn't fit
ApeX Omni: 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 41 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−0.0440%1h4.7780−0.168%$605K$352K50xas long as short
Orderly PERP_LIT_USDC−0.0368%4h4.7845−0.031%$33K$1K10xas long as short
01 Exchange LITUSD−0.0272%1h4.7877+0.036%$31K$3K5xas long as short
Bullet LIT-USD−0.0190%1h4.7899+0.081%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0132%4h4.7881+0.044%$25.7M$60.7M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0096%1h4.7918+0.121%$42K$40K10xas long as short
GRVT LIT_USDT_Perp−0.0066%4h4.7881+0.044%$887K$2.0M10xas long as short
dYdX LIT-USD0.0000%1h4.7901+0.086%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7917+0.119%$11K150xas long as short
Backpack LIT_USDC_PERPshort+0.0033%1h4.7908+0.100%$676K$942K5x
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT+0.0033%1h4.7934+0.155%$206K$301K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.376%$422$178K5.5xas long as short
Bybit LITUSDT+0.0072%4h4.7887+0.056%$41.5M$28.0M75xas long as short
Paradex LIT-USD-PERP+0.0093%8h4.7849−0.024%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7959+0.207%$59.6M$27.5M5xas long as short
Nado LIT-PERP+0.0100%1h4.7877+0.037%$2.1M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7902+0.089%$770K$1.8M10xas long as short
Binance LITUSDT+0.0100%4h4.7888+0.059%$76.7M$75.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7895+0.073%$124K$445K5xas long as short
Gate LIT_USDT+0.0100%4h4.7920+0.125%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7892+0.067%$5.9M$4.0M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7904+0.092%$5.5M$1.0M30xas long as short
Bitget LITUSDT+0.0100%4h4.7920+0.125%$6.8M$2.5M20xas long as short
edgeX LITUSDC+0.0100%4h4.7930+0.146%$293K$302K10xas long as short
ApeX Omni LITUSDTlong+0.0100%1h4.7860long leg$57K$73K50x
Polymarket Perps LIT-USD+0.0100%1h4.7894+0.071%$450K$83K10xas long as short
SunX LIT-USDT+0.0100%4h4.7869+0.019%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7912+0.109%$1K$335K5xas long as short
HTX LIT-USDT+0.0100%4h4.7952+0.192%$200K$298K30xas long as short
Phemex LITUSDT+0.0100%4h4.7880+0.042%$1.4M$2.8M20xas long as short
Bulk LIT-USD+0.0100%1h4.7895+0.073%$119K$7K10xas long as short
Extended LIT-USD+0.0104%1h4.7885+0.052%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7896+0.076%$150K3xas long as short
RISEx LIT/USDC+0.0148%1h4.7897+0.078%$811K$2.3M5xas long as short
Aster LITUSDT+0.0199%4h4.7923+0.131%$12.8M$1.9M50xas long as short
Hyperliquid LIT+0.0268%1h4.7992+0.276%$216.5M$39.0M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7875+0.031%$1.6M$2.3M75xas long as short
Lighter RH LIT+0.0360%1h4.7985+0.261%$3.7M$13.3M5xas long as short
Aftermath Perps LITUSD+0.0388%1h4.7958+0.206%$9K$205K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7925+0.136%$64K50xas long as short
Perpl LIT+0.0447%43m4.7953+0.194%$32K$667K33xas long as short