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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0627%/8h= −68.7% APRpaid last 24h −0.012%
Price spread now: Phemex against ApeX Omni−0.191%7-day average · you buy dearer than you sell
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−0.075%−$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Phemex is 0.191% cheaper against ApeX Omni than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITUSDT4.71300.0100pay 0.0013% / 1h36m 27s$55K$78K50x
ShortPhemex LITUSDT4.7040−0.0527pay 0.0264% / 4h1h 36m$1.3M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
−$131.75
Price spread: −0.191% → 0.000%
−$19.1
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$172.85
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Phemex: live order book, 2 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 Phemex live order book, 2 min ago5.32 bp26.5 bp −$26doesn't fitdoesn'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 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
Gate LIT_USDT−0.1084%4h4.7030−0.212%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0966%1h4.7054−0.162%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0721%1h4.7090−0.085%$661K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0631%4h4.6922−0.441%$32K$2K10xas long as short
01 Exchange LITUSD−0.0560%1h4.6915−0.456%$33K$4K5xas long as short
Phemex LITUSDTshort−0.0527%4h4.7040−0.191%$1.3M$2.7M20x
OKX LIT-USDT-SWAP−0.0432%4h4.6980−0.318%$25.3M$61.9M50xas long as short
Bullet LIT-USD−0.0354%1h4.6982−0.314%$84K$80K20xas long as short
Bybit LITUSDT−0.0300%4h4.7000−0.276%$42.5M$30.3M75xas long as short
KuCoin LITUSDTM−0.0294%4h4.7000−0.276%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0228%1h4.7131+0.002%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0178%4h4.7130−0.001%$900K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.254%$660K$388K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7028−0.215%$784K$2.1M5xas long as short
Nado LIT-PERP−0.0045%1h4.6978−0.321%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7117−0.028%$245K$327K5xas long as short
Paradex LIT-USD-PERP−0.0004%8h4.6974−0.331%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7074−0.119%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7051−0.168%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.931%$422$178K5.5xas long as short
SoDEX LIT-USD+0.0044%1h4.7055−0.159%$1K$467K5xas long as short
Binance LITUSDT+0.0057%4h4.6963−0.354%$74.5M$81.0M75xas long as short
MEXC LIT_USDT+0.0058%4h4.6974−0.331%$5.5M$4.2M100xas long as short
edgeX LITUSDC+0.0060%4h4.7140+0.020%$287K$310K10xas long as short
Aevo LIT-PERP+0.0072%1h4.7050−0.171%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7107−0.049%$59.2M$29.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7065−0.138%$209.8M$44.2M5xas long as short
Aster LITUSDT+0.0100%4h4.7067−0.134%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7060−0.149%$579K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7028−0.216%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7148+0.038%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7020−0.233%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDTlong+0.0100%1h4.7130long leg$55K$78K50x
Polymarket Perps LIT-USD+0.0100%1h4.7008−0.259%$444K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7103−0.057%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.7063−0.142%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7137+0.015%$188K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.6980−0.319%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0233%4h4.7034−0.204%$1.5M$2.0M75xas long as short
Lighter RH LIT+0.0328%1h4.7136+0.013%$3.7M$13.6M5xas long as short
Perpl LIT+0.0335%43m4.7032−0.208%$31K$840K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7024−0.225%$59K50xas long as short