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+0.0394%/8h= +43.1% APRnext payment +$1.97 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against Bybit+0.021%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1091.091% 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−0.021%−$2 · spread now +0.021%, 7d avg +0.022%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
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 +$1.97 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
LongBybit LITUSDT4.7650−0.0294get 0.0147% / 4h2h 16m$43.1M$30.6M75x
ShortBitget LITUSDT4.76600.0100get 0.0050% / 4h2h 16m$6.8M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$82.74
Price spread: +0.021% → +0.022%
−$0.13
Slippage, 4 orders
−$86.1
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$26.49
Costs to cover
1.091%
Break-even
9.2 days
Slippage from Bybit: live order book, 2 min ago; Bitget: live order book, 1 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 Bybit live order book, 2 min ago2.10 bp28.8 bp −$2966.1 bp −$661doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.20 bp29.3 bp −$29111.8 bp −$1,118doesn't fitdoesn'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
Deribit LIT_USDC-PERPETUAL−0.0999%1h4.7598−0.110%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0610%4h4.7546−0.218%$33K$2K10xas long as short
Gate LIT_USDT−0.0600%4h4.7640−0.021%$2.8M$4.5M50xas long as short
Phemex LITUSDT−0.0562%4h4.7570−0.168%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0560%1h4.7565−0.178%$33K$4K5xas long as short
Bullet LIT-USD−0.0338%1h4.7599−0.107%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0327%4h4.7651+0.002%$25.1M$62.3M50xas long as short
Bybit LITUSDTlong−0.0294%4h4.7650long leg$43.1M$30.6M75x
KuCoin LITUSDTM−0.0284%4h4.7667+0.036%$5.3M$1.1M30xas long as short
Backpack LIT_USDC_PERP−0.0264%1h4.7638−0.025%$669K$1.5M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0264%4h4.7613−0.078%$901K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.149%$660K$404K50xas long as short
Phoenix LIT−0.0050%1h4.7660+0.021%$248K$321K5xas long as short
Aftermath Perps LITUSD−0.0041%1h4.7606−0.093%$12K$199K10xas long as short
Paradex LIT-USD-PERP−0.0022%8h4.7588−0.130%$6K$2K5xas long as short
SoDEX LIT-USD0.0000%1h4.7590−0.126%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7638−0.026%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7647−0.006%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7634−0.034%$830K$2.0M5xas long as short
Nado LIT-PERP+0.0016%1h4.7604−0.097%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0026%1h4.7606−0.092%$450K$105K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.818%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7605−0.094%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0044%4h4.7633−0.036%$290K$311K10xas long as short
Binance LITUSDT+0.0046%4h4.7623−0.057%$75.4M$81.4M75xas long as short
Aevo LIT-PERP+0.0064%1h4.7588−0.131%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7682+0.067%$59.8M$30.1M5xas long as short
Extended LIT-USD+0.0096%1h4.7617−0.068%$5.3M$5.2M25xas long as short
Hyperliquid LIT+0.0100%1h4.7682+0.067%$212.2M$45.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7651+0.003%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7655+0.010%$588K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7621−0.061%$117K$449K5xas long as short
Bitget LITUSDTshort+0.0100%4h4.7660+0.021%$6.8M$2.7M20x
ApeX Omni LITUSDT+0.0100%1h4.7680+0.063%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7636−0.028%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7629−0.044%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7684+0.071%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.411%$119K$6K10xas long as short
Perpl LIT+0.0112%43m4.7626−0.050%$31K$839K33xas long as short
BloFin LIT-USDT+0.0184%4h4.7575−0.157%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7641−0.020%$60K50xas long as short
Lighter RH LIT+0.0424%1h4.7698+0.101%$3.7M$14.2M5xas long as short