Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0731%/8h= −80.0% APRpaid last 24h −0.103%

Price spread now: Orderly against ApeX Omni−0.079%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Orderly is 0.079% cheaper against ApeX Omni than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni LITUSDT	4.7130	0.0100	pay 0.0013% / 1h	43m 21s	$55K	$78K	50x
Short	Orderly PERP_LIT_USDC	4.7093	−0.0631	pay 0.0315% / 4h	1h 43m	$32K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee OrderlybpOrdersPrice spread, now −0.079%Rate

Funding earned: −$153.46
Price spread: −0.079% → 0.000%: −$7.85
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$177.31
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Orderly: no order-book sample. 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

ApeX Omni and Orderly: 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 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
Gate LIT_USDT	−0.0968%	4h	4.7180	+0.106%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0885%	1h	4.7101	−0.061%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0664%	1h	4.7166	+0.076%	$662K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDCshort	−0.0631%	4h	4.7093	−0.079%	$32K	$2K	10x
Phemex LITUSDT	−0.0549%	4h	4.7100	−0.064%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0544%	1h	4.7122	−0.017%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0422%	4h	4.7135	+0.011%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0350%	1h	4.7135	+0.011%	$85K	$81K	20x	as long as short
Bybit LITUSDT	−0.0312%	4h	4.7160	+0.064%	$42.6M	$30.5M	75x	as long as short
KuCoin LITUSDTM	−0.0290%	4h	4.7212	+0.174%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0215%	1h	4.7154	+0.050%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0200%	4h	4.7104	−0.056%	$899K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.254%	$660K	$388K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7200	+0.149%	$786K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0058%	1h	4.7168	+0.080%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7125	−0.011%	$245K	$327K	5x	as long as short
Paradex LIT-USD-PERP	−0.0002%	8h	4.7154	+0.051%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7235	+0.222%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7202	+0.153%	$35K	—	150x	as long as short
SoDEX LIT-USD	+0.0030%	1h	4.7115	−0.032%	$1K	$467K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.931%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7163	+0.070%	$5.6M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0054%	4h	4.7112	−0.039%	$287K	$312K	10x	as long as short
Binance LITUSDT	+0.0055%	4h	4.7144	+0.029%	$74.8M	$81.1M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7108	−0.047%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7248	+0.250%	$59.4M	$29.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7242	+0.238%	$210.6M	$44.8M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7235	+0.223%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7225	+0.202%	$581K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7182	+0.110%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7055	−0.159%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7200	+0.149%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDTlong	+0.0100%	1h	4.7130	long leg	$55K	$78K	50x
Polymarket Perps LIT-USD	+0.0100%	1h	4.7189	+0.125%	$446K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7148	+0.038%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7126	−0.008%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7147	+0.036%	$188K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7165	+0.075%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0217%	4h	4.7085	−0.095%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7193	+0.133%	$32K	$838K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7194	+0.137%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0392%	1h	4.7274	+0.306%	$3.7M	$13.5M	5x	as long as short