Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.065%

Price spread now: Extended against Bybit−0.045%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$490.491% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.185%+$18 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.045%, 7d avg −0.043%

Together, before fees+0.259%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7440	−0.0239	get 0.0119% / 4h	2h 54m	$42.8M	$30.1M	75x
Short	Extended LIT-USD	4.7419	−0.0048	pay 0.0006% / 1h	54m 09s	$5.2M	$5.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BybitbpFee ExtendedbpOrdersPrice spread, now −0.045%Rate

Funding earned: $40.08
Price spread: −0.045% → −0.043%: −$0.24
Slippage, 4 orders: −$33.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$9.22
Costs to cover: 0.491%
Break-even: 8.6 days

Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 5 min ago	2.10 bp	20.9 bp −$21	68.9 bp −$689	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	0.10 bp	4.2 bp −$4	29.4 bp −$294	doesn't fit	doesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0847%	1h	4.7435	−0.010%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0720%	1h	4.7407	−0.070%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0565%	4h	4.7362	−0.164%	$32K	$2K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0514%	1h	4.7486	+0.097%	$667K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0484%	4h	4.7440	0.000%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0352%	1h	4.7414	−0.055%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0334%	4h	4.7464	+0.051%	$5.3M	$1.1M	30x	as long as short
Gate LIT_USDT	−0.0332%	4h	4.7420	−0.042%	$2.8M	$4.5M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0292%	4h	4.7430	−0.021%	$25.2M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0274%	4h	4.7490	+0.106%	$896K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDTlong	−0.0239%	4h	4.7440	long leg	$42.8M	$30.1M	75x
Nado LIT-PERP	−0.0187%	1h	4.7420	−0.041%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0180%	1h	4.7443	+0.006%	$983	$474K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.134%	$668K	$408K	50x	as long as short
Phoenix LIT	−0.0067%	1h	4.7677	+0.500%	$246K	$321K	5x	as long as short
Extended LIT-USDshort	−0.0048%	1h	4.7419	−0.045%	$5.2M	$5.2M	25x
Paradex LIT-USD-PERP	−0.0017%	8h	4.7400	−0.083%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7510	+0.148%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7461	+0.044%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7469	+0.061%	$815K	$2.0M	5x	as long as short
Polymarket Perps LIT-USD	+0.0030%	1h	4.7428	−0.025%	$448K	$104K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.265%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0053%	4h	4.7406	−0.072%	$74.9M	$80.6M	75x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7412	−0.059%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0060%	4h	4.7527	+0.183%	$289K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7391	−0.103%	$148K	$44K	3x	as long as short
ApeX Omni LITUSDT	+0.0083%	1h	4.7490	+0.105%	$56K	$78K	50x	as long as short
Bulk LIT-USD	+0.0088%	1h	4.7627	+0.394%	$119K	$7K	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7475	+0.074%	$210.9M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7477	+0.078%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7494	+0.115%	$596K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7429	−0.023%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7440	0.000%	$6.7M	$2.7M	20x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7467	+0.057%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7472	+0.067%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7465	+0.053%	$189K	$331K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7486	+0.098%	$31K	$842K	33x	as long as short
Lighter LIT	+0.0120%	1h	4.7517	+0.162%	$59.6M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0160%	1h	4.7529	+0.188%	$3.7M	$14.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0161%	1h	4.7644	+0.430%	$11K	$198K	10x	as long as short
BloFin LIT-USDT	+0.0218%	4h	4.7425	−0.032%	$1.5M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7459	+0.040%	$60K	—	50x	as long as short