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+0.0334%/8h= +36.6% APRnext payment +$0.42 per $10,000 · paid last 24h −0.036%
Price spread now: ApeX Omni against Backpack+0.143%7-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−0.154%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and ApeX Omni is 0.143% dearer against Backpack than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.154%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.154% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack LIT_USDC_PERP4.7532−0.0234get 0.0029% / 1h12m 40s$668K$1.5M5x
ShortApeX Omni LITUSDT4.76000.0100get 0.0013% / 1h12m 40s$56K$78K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Backpack. 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
$70.11
Price spread: +0.143% → 0.000%
$14.31
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$64.42
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: Backpack: live order book, 1 min ago; ApeX Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 1 min ago0.31 bp5.6 bp −$616.3 bp −$163doesn't fitdoesn't fit
Sell ApeX Omni no order-book sample
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
Deribit LIT_USDC-PERPETUAL−0.1249%1h4.7509−0.048%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0613%4h4.7472−0.126%$32K$2K10xas long as short
Phemex LITUSDT−0.0593%4h4.7500−0.067%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0568%1h4.7505−0.057%$33K$4K5xas long as short
Gate LIT_USDT−0.0562%4h4.7530−0.004%$2.8M$4.5M50xas long as short
Bullet LIT-USD−0.0351%1h4.7540+0.017%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0340%4h4.7457−0.158%$25.1M$62.2M50xas long as short
Bybit LITUSDT−0.0302%4h4.7470−0.130%$42.9M$30.7M75xas long as short
KuCoin LITUSDTM−0.0282%4h4.7570+0.080%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582+0.105%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERPlong−0.0234%1h4.7532long leg$668K$1.5M5x
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.398%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0092%1h4.7570+0.080%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7633+0.212%$247K$321K5xas long as short
SoDEX LIT-USD−0.0041%1h4.7499−0.069%$1K$487K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7531−0.001%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7559+0.056%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7585+0.112%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7607+0.157%$824K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0019%1h4.7564+0.067%$449K$105K10xas long as short
Nado LIT-PERP+0.0021%1h4.7556+0.052%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.069%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0042%4h4.7435−0.204%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0044%4h4.7424−0.227%$75.1M$81.5M75xas long as short
edgeX LITUSDC+0.0046%4h4.7585+0.111%$289K$312K10xas long as short
Aevo LIT-PERP+0.0056%1h4.7507−0.054%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7550+0.038%$59.6M$30.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7549+0.036%$211.9M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7550+0.038%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7497−0.074%$586K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7581+0.103%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7520−0.025%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDTshort+0.0100%1h4.7600+0.143%$56K$78K50x
Derive LIT-PERP+0.0100%1h4.7563+0.064%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7577+0.095%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7637+0.221%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.164%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7490−0.087%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7592+0.126%$31K$841K33xas long as short
BloFin LIT-USDT+0.0176%4h4.7518−0.029%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7573+0.086%$60K50xas long as short
Lighter RH LIT+0.0424%1h4.7570+0.080%$3.7M$14.2M5xas long as short