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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.035%
Price spread now: Perpl against Bitget+0.016%7-day average −0.018% · 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−0.068%−$7 on $10k
Price spread, last 7 days+0.030%+$3 · spread now +0.016%, 7d avg −0.018%
Together, before fees−0.037%+ Points / potential airdropPerpl: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.034% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.068%, 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 -0.068% in total (about -3.5% 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
LongBitget LITUSDT4.69600.0100pay 0.0050% / 4h56m 07s$6.8M$2.6M20x
ShortPerpl LIT4.69680.0447get 0.0040% / 43m27m 07s$31K$797K33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
$72.77
Price spread: +0.016% → −0.018%
$3.44
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
$50.41
Costs to cover
0.258%
Break-even
2.2 days
Slippage unknown: Bitget: live order book, 2 min ago; Perpl: 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 Bitget live order book, 2 min ago3.21 bp28.0 bp −$28138.9 bp −$1,389doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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−0.0508%1h4.6945−0.031%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0383%4h4.6884−0.162%$32K$1K10xas long as short
01 Exchange LITUSD−0.0344%1h4.6896−0.136%$33K$4K5xas long as short
Bullet LIT-USD−0.0273%1h4.6949−0.023%$84K$68K20xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848−0.240%$612K$412K50xas long as short
Gate LIT_USDT−0.0136%4h4.6970+0.021%$2.7M$4.2M50xas long as short
ApeX Omni LITUSDT−0.0103%1h4.6750−0.447%$56K$76K50xas long as short
Phemex LITUSDT−0.0085%4h4.6940−0.043%$1.4M$2.8M20xas long as short
Phoenix LIT−0.0085%1h4.6772−0.400%$201K$288K5xas long as short
Bybit LITUSDT−0.0002%4h4.6930−0.064%$41.6M$28.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX LIT-USD0.0000%1h4.6982+0.047%$34K5xas long as short
OKX LIT-USDT-SWAP+0.0001%4h4.6949−0.023%$25.2M$61.7M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6985+0.052%$11K150xas long as short
KuCoin LITUSDTM+0.0004%4h4.6906−0.115%$5.2M$1.0M30xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.300%$422$178K5.5xas long as short
Backpack LIT_USDC_PERP+0.0042%1h4.6986+0.055%$666K$1.4M5xas long as short
Polymarket Perps LIT-USD+0.0048%1h4.6964+0.009%$439K$109K10xas long as short
Paradex LIT-USD-PERP+0.0056%8h4.6930−0.063%$7K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.69600.000%$783K$2.1M5xas long as short
GRVT LIT_USDT_Perp+0.0078%4h4.6830−0.276%$915K$1.8M10xas long as short
Lighter LIT+0.0096%1h4.6973+0.028%$58.5M$28.5M5xas long as short
Lighter RH LIT+0.0096%1h4.6990+0.064%$3.6M$13.1M5xas long as short
Nado LIT-PERP+0.0100%1h4.6967+0.016%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6997+0.079%$210.1M$41.9M5xas long as short
Pacifica LIT+0.0100%1h4.6946−0.030%$583K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6931−0.062%$74.9M$79.0M75xas long as short
Arcus LIT-USD+0.0100%1h4.6954−0.013%$122K$453K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6920−0.085%$5.5M$3.8M100xas long as short
Bitget LITUSDTlong+0.0100%4h4.6960long leg$6.8M$2.6M20x
edgeX LITUSDC+0.0100%4h4.6710−0.531%$284K$305K10xas long as short
Derive LIT-PERP+0.0100%1h4.6975+0.032%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6956−0.009%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6945−0.032%$2K$397K5xas long as short
HTX LIT-USDT+0.0100%4h4.6747−0.454%$198K$388K30xas long as short
Bulk LIT-USD+0.0100%1h4.6886−0.158%$117K$97310xas long as short
Extended LIT-USD+0.0104%1h4.6925−0.075%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6930−0.064%$147K3xas long as short
Aftermath Perps LITUSD+0.0172%1h4.6863−0.206%$8K$206K10xas long as short
Aster LITUSDT+0.0201%4h4.7033+0.155%$12.6M$2.0M50xas long as short
BloFin LIT-USDT+0.0340%4h4.6795−0.351%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0216%1h4.6986+0.054%$63K50xas long as short
Perpl LITshort+0.0447%43m4.6968+0.016%$31K$797K33x