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+0.0413%/8h= +45.3% APRnext payment +$2.07 per $10,000 · paid last 24h +0.064%
Price spread now: HTX against Bybit+0.294%7-day average +0.141% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.294%, 7d avg +0.141%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and HTX is 0.154% dearer against Bybit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.141%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.160% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.07 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 LITUSDT4.7596−0.0313get 0.0157% / 4h2h 27m$43.1M$30.6M75x
ShortHTX LIT-USDT4.77360.0100get 0.0050% / 4h2h 27m$191K$329K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$86.81
Price spread: +0.294% → +0.141%
$15.35
Slippage, 4 orders
−$100.99
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$21.83
Costs to cover
1.240%
Break-even
8.8 days
Slippage from Bybit: live order book, 1 min ago; HTX: live order book, 59 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 ago1.05 bp28.7 bp −$2974.2 bp −$742doesn't fitdoesn't fit
Sell HTX live order book, 59 min ago20.73 bp32.5 bp −$33159.8 bp −$1,598doesn'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−0.0956%1h4.7540−0.117%$42K$40K10xas long as short
Gate LIT_USDT−0.0692%4h4.7610+0.029%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0602%4h4.7504−0.193%$33K$2K10xas long as short
01 Exchange LITUSD−0.0568%1h4.7496−0.210%$33K$4K5xas long as short
Phemex LITUSDT−0.0540%4h4.7530−0.139%$1.3M$2.7M20xas long as short
Backpack LIT_USDC_PERP−0.0396%1h4.7595−0.002%$668K$1.5M5xas long as short
Bullet LIT-USD−0.0370%1h4.7535−0.127%$86K$81K20xas long as short
Bybit LITUSDTlong−0.0313%4h4.7596long leg$43.1M$30.6M75x
OKX LIT-USDT-SWAP−0.0313%4h4.7560−0.076%$25.0M$61.9M50xas long as short
KuCoin LITUSDTM−0.0298%4h4.7600+0.008%$5.3M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0292%4h4.7463−0.279%$906K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.263%$660K$404K50xas long as short
Phoenix LIT−0.0050%1h4.7537−0.124%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0024%8h4.7532−0.134%$6K$2K5xas long as short
Extended LIT-USD−0.0024%1h4.7580−0.034%$5.3M$5.1M25xas long as short
SoDEX LIT-USD−0.0006%1h4.7535−0.128%$998$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7598+0.004%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7605+0.019%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7584−0.026%$818K$2.0M5xas long as short
Nado LIT-PERP+0.0027%1h4.7525−0.149%$2.1M$1.7M10xas long as short
MEXC LIT_USDT+0.0030%4h4.7573−0.048%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0030%4h4.7464−0.277%$289K$312K10xas long as short
Polymarket Perps LIT-USD+0.0031%1h4.7544−0.109%$449K$105K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.933%$422$178K5.5xas long as short
Binance LITUSDT+0.0033%4h4.7568−0.059%$75.2M$81.2M75xas long as short
Bulk LIT-USD+0.0037%1h4.7479−0.245%$119K$6K10xas long as short
Aevo LIT-PERP+0.0048%1h4.7599+0.007%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7636+0.084%$59.7M$30.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7650+0.113%$211.6M$45.1M5xas long as short
Aster LITUSDT+0.0100%4h4.7640+0.092%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7605+0.019%$583K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7552−0.092%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7600+0.008%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7490−0.223%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7586−0.022%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7580−0.034%$4K$1.2M20xas long as short
HTX LIT-USDTshort+0.0100%4h4.7736+0.294%$191K$329K30x
Perpl LIT+0.0112%43m4.7587−0.018%$31K$838K33xas long as short
BloFin LIT-USDT+0.0127%4h4.7666+0.147%$1.5M$2.1M75xas long as short
Aftermath Perps LITUSD+0.0142%1h4.7486−0.230%$12K$199K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0359% / S −0.0155%1h4.7583−0.027%$60K50xas long as short
Lighter RH LIT+0.0360%1h4.7652+0.118%$3.7M$14.2M5xas long as short