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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0407%/8h= +44.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.097%
Price spread now: Derive against Bullet+0.039%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 3 days (all we have)no history yet
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 +$12 a day on $10k at the current rate, and Derive is 0.039% dearer against Bullet than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet LIT-USD4.6876−0.0307get 0.0038% / 1h52m 46s$84K$68K20x
ShortDerive LIT-PERP4.68940.0100get 0.0013% / 1h52m 46s$2K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Bullet. 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
$85.49
Price spread: +0.039% → 0.000%
$3.87
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Derive: 3 bp × 2 orders
−$6
Net
$75.36
Costs to cover
0.140%
Break-even
0.8 days
Slippage unknown: Bullet: no order-book sample; Derive: 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 Bullet no order-book sample
Sell Derive no order-book sample
Bullet and Derive: 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−0.0643%1h4.6861−0.031%$41K$40K10xas long as short
01 Exchange LITUSD−0.0432%1h4.6827−0.105%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0382%4h4.6835−0.087%$32K$1K10xas long as short
Bullet LIT-USDlong−0.0307%1h4.6876long leg$84K$68K20x
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848−0.061%$612K$404K50xas long as short
Gate LIT_USDT−0.0164%4h4.6880+0.009%$2.7M$4.2M50xas long as short
ApeX Omni LITUSDT−0.0152%1h4.6820−0.119%$56K$76K50xas long as short
Phemex LITUSDT−0.0109%4h4.6850−0.055%$1.4M$2.8M20xas long as short
Backpack LIT_USDC_PERP−0.0080%1h4.6893+0.036%$664K$1.4M5xas long as short
Phoenix LIT−0.0034%1h4.6943+0.143%$202K$305K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0014%4h4.6761−0.245%$41.4M$28.5M75xas long as short
KuCoin LITUSDTM−0.0004%4h4.6835−0.087%$5.2M$1.0M30xas long as short
OKX LIT-USDT-SWAP−0.0001%4h4.6770−0.226%$25.2M$61.4M50xas long as short
dYdX LIT-USD0.0000%1h4.6862−0.030%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6908+0.068%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.483%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0058%8h4.6743−0.283%$7K$2K5xas long as short
Polymarket Perps LIT-USD+0.0069%1h4.6910+0.073%$438K$109K10xas long as short
RISEx LIT/USDC+0.0073%1h4.6912+0.077%$782K$2.1M5xas long as short
GRVT LIT_USDT_Perp+0.0076%4h4.6832−0.094%$915K$1.8M10xas long as short
Lighter LIT+0.0096%1h4.6819−0.122%$58.3M$28.5M5xas long as short
Lighter RH LIT+0.0096%1h4.6851−0.053%$3.6M$13.1M5xas long as short
Nado LIT-PERP+0.0100%1h4.6875−0.002%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6916+0.085%$209.7M$41.8M5xas long as short
Pacifica LIT+0.0100%1h4.6800−0.162%$581K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6779−0.208%$74.7M$79.0M75xas long as short
Arcus LIT-USD+0.0100%1h4.6892+0.034%$122K$453K5xas long as short
Bulk LIT-USD+0.0100%1h4.6887+0.023%$117K$97310xas long as short
MEXC LIT_USDT+0.0100%4h4.6800−0.162%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6870−0.013%$6.8M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6847−0.061%$285K$303K10xas long as short
Derive LIT-PERPshort+0.0100%1h4.6894+0.039%$2K6.7x
SunX LIT-USDT+0.0100%4h4.6917+0.087%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6865−0.023%$2K$397K5xas long as short
HTX LIT-USDT+0.0100%4h4.6942+0.141%$198K$388K30xas long as short
Extended LIT-USD+0.0104%1h4.6832−0.093%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6836−0.084%$146K3xas long as short
Aftermath Perps LITUSD+0.0145%1h4.6889+0.029%$8K$206K10xas long as short
Aster LITUSDT+0.0201%4h4.6910+0.073%$12.6M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.6896+0.042%$31K$793K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6895+0.041%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0419% / S −0.0217%1h4.6900+0.050%$63K50xas long as short