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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0399%/8h= −43.7% APRnext payment $2.00 per $10,000 · paid last 24h −0.064%
Price spread now: Bybit against Bitget−0.078%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$840.841% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.098%−$10 on $10k
Price spread, last 7 days+0.082%+$8 · spread now −0.078%, 7d avg −0.022%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bybit is 0.056% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.00 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
LongBitget LITUSDT4.72700.0100pay 0.0050% / 4h1h 41m$6.7M$2.7M20x
ShortBybit LITUSDT4.7233−0.0299pay 0.0150% / 4h1h 41m$42.7M$30.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
−$83.89
Price spread: −0.078% → −0.022%
−$5.63
Slippage, 4 orders
−$61.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$173.58
Costs to cover
0.841%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 2 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 Bitget live order book, 1 min ago2.12 bp24.5 bp −$24113.2 bp −$1,132doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.06 bp18.4 bp −$1846.7 bp −$467391.9 bp −$39.2Kdoesn'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
Gate LIT_USDT−0.0988%4h4.72700.000%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0760%1h4.7182−0.186%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0676%1h4.7204−0.140%$663K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0631%4h4.7114−0.330%$32K$2K10xas long as short
01 Exchange LITUSD−0.0544%1h4.7110−0.338%$33K$4K5xas long as short
Phemex LITUSDT−0.0537%4h4.7160−0.233%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0422%4h4.7225−0.095%$25.3M$62.2M50xas long as short
Bullet LIT-USD−0.0349%1h4.7167−0.219%$85K$81K20xas long as short
Bybit LITUSDTshort−0.0299%4h4.7233−0.078%$42.7M$30.4M75x
KuCoin LITUSDTM−0.0290%4h4.7232−0.080%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0223%1h4.7157−0.240%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0200%4h4.7104−0.352%$899K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.955%$660K$388K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7187−0.175%$786K$2.1M5xas long as short
Nado LIT-PERP−0.0049%1h4.7124−0.308%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7125−0.307%$245K$327K5xas long as short
Paradex LIT-USD-PERP−0.0002%8h4.7119−0.320%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7255−0.032%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7232−0.080%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.629%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0054%4h4.7217−0.112%$5.6M$4.2M100xas long as short
edgeX LITUSDC+0.0054%4h4.7112−0.335%$287K$312K10xas long as short
Binance LITUSDT+0.0057%4h4.7218−0.110%$74.9M$81.1M75xas long as short
SoDEX LIT-USD+0.0071%1h4.7175−0.201%$1K$467K5xas long as short
Aevo LIT-PERP+0.0072%1h4.7174−0.203%$148K$44K3xas long as short
Lighter LIT+0.0096%1h4.7288+0.038%$59.4M$29.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7310+0.085%$210.9M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7265−0.011%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7159−0.235%$580K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7164−0.224%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7055−0.455%$118K$5K10xas long as short
Bitget LITUSDTlong+0.0100%4h4.7270long leg$6.7M$2.7M20x
ApeX Omni LITUSDT+0.0100%1h4.7130−0.296%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7163−0.226%$445K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7219−0.108%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.7176−0.199%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7222−0.102%$189K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7191−0.167%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0219%4h4.7141−0.273%$1.5M$2.1M75xas long as short
Perpl LIT+0.0335%43m4.7191−0.167%$32K$839K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7228−0.090%$59K50xas long as short
Lighter RH LIT+0.0400%1h4.7306+0.076%$3.7M$13.6M5xas long as short