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+0.0310%/8h= +34.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.064%
Price spread now: edgeX against Bybit+0.133%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$730.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 3 days (all we have)+0.084%+$8 · spread now +0.133%, 7d avg +0.018%
Together, before fees+0.127%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.115% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.55 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 LITUSDT4.7170−0.0270get 0.0135% / 4h2h 44m$42.6M$30.5M75x
ShortedgeX LITUSDC4.72330.0041get 0.0020% / 4h2h 44m$287K$312K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$65.13
Price spread: +0.133% → +0.018%
$11.51
Slippage, 4 orders
−$53.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$3.37
Costs to cover
0.733%
Break-even
6.6 days
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 43 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, 4 min ago1.06 bp22.1 bp −$2263.0 bp −$630doesn't fitdoesn't fit
Sell edgeX live order book, 43 min ago5.18 bp11.6 bp −$12doesn't fitdoesn'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−0.0817%1h4.7196+0.056%$42K$40K10xas long as short
01 Exchange LITUSD−0.0680%1h4.7131−0.083%$33K$4K5xas long as short
Backpack LIT_USDC_PERP−0.0647%1h4.7203+0.070%$663K$1.5M5xas long as short
Gate LIT_USDT−0.0626%4h4.7150−0.042%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0579%4h4.7132−0.081%$32K$2K10xas long as short
Phemex LITUSDT−0.0401%4h4.7150−0.042%$1.3M$2.7M20xas long as short
KuCoin LITUSDTM−0.0330%4h4.7198+0.059%$5.3M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0304%4h4.7168−0.004%$24.9M$60.7M50xas long as short
GRVT LIT_USDT_Perp−0.0294%4h4.7109−0.130%$893K$1.9M10xas long as short
Bullet LIT-USD−0.0277%1h4.7188+0.038%$85K$81K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDTlong−0.0270%4h4.7170long leg$42.6M$30.5M75x
Coinbase International LIT-PERP-INTX−0.0152%1h4.7349+0.379%$653K$399K50xas long as short
Nado LIT-PERP−0.0129%1h4.7195+0.053%$2.1M$1.7M10xas long as short
Extended LIT-USD−0.0072%1h4.7121−0.105%$5.2M$5.1M25xas long as short
SoDEX LIT-USD−0.0058%1h4.7190+0.042%$978$484K5xas long as short
Phoenix LIT−0.0050%1h4.7209+0.083%$244K$321K5xas long as short
Paradex LIT-USD-PERP−0.0024%8h4.7113−0.121%$5K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7220+0.107%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7228+0.123%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7208+0.081%$812K$2.0M5xas long as short
Binance LITUSDT+0.0033%4h4.7141−0.061%$74.5M$80.9M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.844%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0036%4h4.7145−0.053%$5.8M$4.2M100xas long as short
edgeX LITUSDCshort+0.0041%4h4.7233+0.133%$287K$312K10x
Aevo LIT-PERP+0.0048%1h4.7156−0.029%$147K$44K3xas long as short
Polymarket Perps LIT-USD+0.0075%1h4.7209+0.083%$446K$105K10xas long as short
Bulk LIT-USD+0.0077%1h4.7397+0.481%$119K$7K10xas long as short
Lighter LIT+0.0096%1h4.7250+0.170%$59.2M$29.9M5xas long as short
Hyperliquid LIT+0.0100%1h4.7188+0.038%$209.7M$44.6M5xas long as short
Aster LITUSDT+0.0100%4h4.7214+0.093%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7194+0.051%$592K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7145−0.053%$118K$445K5xas long as short
Bitget LITUSDT+0.0100%4h4.7200+0.064%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7120−0.106%$55K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7225+0.116%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7221+0.108%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7233+0.134%$188K$327K30xas long as short
Perpl LIT+0.0112%43m4.7202+0.069%$31K$844K33xas long as short
BloFin LIT-USDT+0.0131%4h4.7166−0.008%$1.5M$2.0M75xas long as short
Aftermath Perps LITUSD+0.0188%1h4.7368+0.421%$11K$198K10xas long as short
Lighter RH LIT+0.0368%1h4.7278+0.229%$3.7M$14.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0387% / S −0.0190%1h4.7237+0.141%$59K50xas long as short