Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h +0.036%

Price spread now: gTrade (Gains Network) against Bybit+0.117%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.117% dearer against Bybit than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7375	0.0046	pay 0.0023% / 4h	2h 27m	$42.4M	$29.3M	75x
Short	gTrade (Gains Network) LIT/USD	4.7431	L +0.0003% / S 0.0000%	pay 0.0000% / 1h	27m 24s	$475	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.117%Rate

Funding earned: −$9.79
Price spread: +0.117% → 0.000%: $11.74
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$19.05
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	1.06 bp	18.9 bp −$19	53.7 bp −$537	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 41 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
01 Exchange LITUSD	−0.0632%	1h	4.7355	−0.042%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0492%	1h	4.7385	+0.021%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0463%	4h	4.7291	−0.177%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0460%	1h	4.7366	−0.019%	$85K	$73K	20x	as long as short
ApeX Omni LITUSDT	−0.0209%	1h	4.7190	−0.391%	$56K	$77K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0180%	4h	4.7111	−0.558%	$906K	$1.8M	10x	as long as short
Gate LIT_USDT	−0.0156%	4h	4.7380	+0.011%	$2.8M	$4.3M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0146%	4h	4.7394	+0.040%	$25.7M	$64.0M	50x	as long as short
KuCoin LITUSDTM	−0.0138%	4h	4.7373	−0.004%	$5.3M	$1.1M	30x	as long as short
Phoenix LIT	−0.0102%	1h	4.7401	+0.055%	$205K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	−0.351%	$668K	$372K	50x	as long as short
Phemex LITUSDT	−0.0074%	4h	4.7360	−0.032%	$1.4M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0001%	1h	4.7435	+0.127%	$685K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7392	+0.036%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USDshort	L +0.0003% / S 0.0000%	1h	4.7431	+0.117%	$475	—	150x
Bulk LIT-USD	+0.0030%	1h	4.6912	−0.978%	$117K	$1K	10x	as long as short
Paradex LIT-USD-PERP	+0.0033%	8h	4.7378	+0.006%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.404%	$422	$178K	5.5x	as long as short
Bybit LITUSDTlong	+0.0046%	4h	4.7375	long leg	$42.4M	$29.3M	75x
SoDEX LIT-USD	+0.0060%	1h	4.7390	+0.032%	$1K	$450K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7430	+0.116%	$790K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7449	+0.156%	$59.4M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7466	+0.192%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7357	−0.038%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7448	+0.154%	$212.3M	$43.9M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7476	+0.213%	$12.7M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7415	+0.084%	$588K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7358	−0.036%	$75.5M	$80.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7407	+0.068%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7364	−0.023%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7420	+0.095%	$6.8M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7142	−0.491%	$287K	$307K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7393	+0.038%	$448K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7401	+0.054%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7308	−0.141%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7217	−0.334%	$189K	$354K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7383	+0.016%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7358	−0.035%	$148K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0268%	1h	4.7176	−0.420%	$9K	$211K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0407% / S −0.0199%	1h	4.7380	+0.011%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7421	+0.098%	$31K	$860K	33x	as long as short