Settings8H · net · $10k
Funding arb · Price arb /

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0394%/8h= +43.1% APRpaid last 24h +0.055%
Price spread now: Pacifica against Bybit+0.276%48s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 7 days−0.216%−$22 · spread now +0.276%, 7d avg +0.029%
Together, before fees−0.132%+ Points / potential airdropPacifica: Active · farm board−$13 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 Pacifica is 0.247% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.029%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.7490−0.0294get 0.0147% / 4h2h 12m$42.9M$30.7M75x
ShortPacifica LIT4.76210.0100get 0.0013% / 1h12m 59s$587K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$82.65
Price spread: +0.276% → +0.029%
$24.66
Slippage, 4 orders
−$50.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$37.7
Costs to cover
0.696%
Break-even
3.8 days
Slippage from Bybit: live order book, 6 min ago; Pacifica: live order book, 1 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, 6 min ago2.10 bp28.8 bp −$2966.1 bp −$661doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago2.84 bp10.0 bp −$10doesn'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−0.1249%1h4.7509+0.041%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0613%4h4.7472−0.038%$32K$2K10xas long as short
Phemex LITUSDT−0.0593%4h4.7500+0.021%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0568%1h4.7505+0.032%$33K$4K5xas long as short
Gate LIT_USDT−0.0562%4h4.7530+0.084%$2.8M$4.5M50xas long as short
Bullet LIT-USD−0.0351%1h4.7540+0.106%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0340%4h4.7460−0.063%$25.1M$62.2M50xas long as short
Bybit LITUSDTlong−0.0294%4h4.7490long leg$42.9M$30.7M75x
KuCoin LITUSDTM−0.0282%4h4.7570+0.168%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582+0.194%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0234%1h4.7532+0.088%$668K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.487%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0092%1h4.7570+0.168%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7633+0.301%$247K$321K5xas long as short
SoDEX LIT-USD−0.0041%1h4.7499+0.019%$1K$487K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7531+0.087%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7605+0.243%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7585+0.200%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7607+0.246%$824K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0019%1h4.7564+0.156%$449K$105K10xas long as short
Nado LIT-PERP+0.0021%1h4.7556+0.140%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.158%$422$178K5.5xas long as short
Binance LITUSDT+0.0044%4h4.7438−0.109%$75.1M$81.5M75xas long as short
MEXC LIT_USDT+0.0044%4h4.7473−0.036%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0046%4h4.7585+0.200%$289K$312K10xas long as short
Aevo LIT-PERP+0.0056%1h4.7507+0.035%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7596+0.223%$59.7M$30.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7576+0.181%$212.0M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7560+0.148%$12.7M$2.5M50xas long as short
Pacifica LITshort+0.0100%1h4.7621+0.276%$587K$1.8M10x
Arcus LIT-USD+0.0100%1h4.7581+0.192%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7520+0.063%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7600+0.232%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7563+0.153%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7577+0.183%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7637+0.310%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.076%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7490+0.001%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7592+0.215%$31K$841K33xas long as short
BloFin LIT-USDT+0.0176%4h4.7518+0.059%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7573+0.175%$60K50xas long as short
Lighter RH LIT+0.0424%1h4.7608+0.248%$3.7M$14.2M5xas long as short