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+0.0522%/8h= +57.2% APRnext payment +$2.61 per $10,000 · paid last 24h +0.136%
Price spread now: BloFin against Bybit−0.083%52s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.403%+$40 on $10k
Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.083%, 7d avg −0.041%
Together, before fees+0.465%+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.042% cheaper against Bybit than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.041%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.403% in total) that is about 17 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.7180−0.0303get 0.0152% / 4h1h 42m$42.6M$30.5M75x
ShortBloFin LIT-USDT4.71410.0219get 0.0109% / 4h1h 42m$1.5M$2.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$109.62
Price spread: −0.083% → −0.041%
−$4.18
Slippage, 4 orders
−$39.84
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$42.6
Costs to cover
0.628%
Break-even
4.3 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 6 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, 1 min ago1.06 bp21.4 bp −$2159.8 bp −$598doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago2.76 bp10.8 bp −$1117.7 bp −$177doesn'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
Gate LIT_USDT−0.0988%4h4.7160−0.042%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0760%1h4.7182+0.004%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0666%1h4.7174−0.013%$663K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0631%4h4.7114−0.140%$32K$2K10xas long as short
01 Exchange LITUSD−0.0544%1h4.7110−0.148%$33K$4K5xas long as short
Phemex LITUSDT−0.0540%4h4.7140−0.085%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0422%4h4.7166−0.030%$25.3M$62.1M50xas long as short
Bullet LIT-USD−0.0349%1h4.7167−0.029%$85K$81K20xas long as short
Bybit LITUSDTlong−0.0303%4h4.7180long leg$42.6M$30.5M75x
KuCoin LITUSDTM−0.0290%4h4.7202+0.047%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0223%1h4.7157−0.049%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0200%4h4.7104−0.162%$899K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.147%$660K$388K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7187+0.015%$786K$2.1M5xas long as short
Nado LIT-PERP−0.0049%1h4.7124−0.118%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7125−0.117%$245K$327K5xas long as short
Paradex LIT-USD-PERP−0.0002%8h4.7119−0.130%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7145−0.075%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7232+0.111%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.823%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0054%4h4.7137−0.091%$5.6M$4.2M100xas long as short
edgeX LITUSDC+0.0054%4h4.7112−0.145%$287K$312K10xas long as short
Binance LITUSDT+0.0057%4h4.7166−0.030%$74.8M$81.1M75xas long as short
SoDEX LIT-USD+0.0071%1h4.7175−0.011%$1K$467K5xas long as short
Aevo LIT-PERP+0.0072%1h4.7174−0.012%$148K$44K3xas long as short
Lighter LIT+0.0096%1h4.7197+0.036%$59.3M$29.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7230+0.107%$210.5M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7214+0.072%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7159−0.045%$580K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7164−0.034%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7055−0.265%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7190+0.021%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7130−0.106%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7163−0.036%$445K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7219+0.083%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.7176−0.008%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7222+0.089%$189K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7159−0.044%$5.2M$5.1M25xas long as short
BloFin LIT-USDTshort+0.0219%4h4.7141−0.083%$1.5M$2.1M75x
Perpl LIT+0.0335%43m4.7191+0.024%$32K$839K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7228+0.101%$59K50xas long as short
Lighter RH LIT+0.0384%1h4.7220+0.085%$3.7M$13.5M5xas long as short