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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1147%/8h= +125.6% APRnext payment +$1.43 per $10,000 · paid last 24h +0.199%
Price spread now: Bulk against Deribit−0.201%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bulk is 0.201% cheaper against Deribit than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 14 hours of funding at the current rate (+$34 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LIT_USDC-PERPETUAL4.7280−0.1047get 0.0131% / 1h54m 32s$41K$40K10x
ShortBulk LIT-USD4.71850.0100get 0.0013% / 1h54m 32s$118K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Deribit. 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
$240.84
Price spread: −0.201% → 0.000%
−$20.07
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$206.77
Costs to cover
0.140%
Break-even
1.0 days
Slippage unknown: Deribit: no order-book sample; Bulk: live order book, 29 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Bulk live order book, 29 min ago0.74 bp8.4 bp −$818.1 bp −$18157.0 bp −$5,705doesn't fit
Deribit: 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 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-PERPETUALlong−0.1047%1h4.7280long leg$41K$40K10x
Gate LIT_USDT−0.0796%4h4.7320+0.085%$2.8M$4.4M50xas long as short
Orderly PERP_LIT_USDC−0.0630%4h4.7247−0.070%$32K$2K10xas long as short
Phemex LITUSDT−0.0598%4h4.7270−0.021%$1.3M$2.8M20xas long as short
OKX LIT-USDT-SWAP−0.0400%4h4.7227−0.112%$25.2M$62.2M50xas long as short
Bullet LIT-USD−0.0381%1h4.7293+0.029%$85K$81K20xas long as short
01 Exchange LITUSD−0.0344%1h4.7242−0.080%$33K$4K5xas long as short
Bybit LITUSDT−0.0293%4h4.7260−0.042%$42.7M$30.7M75xas long as short
KuCoin LITUSDTM−0.0290%4h4.7311+0.066%$5.2M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0212%4h4.7290+0.021%$899K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0207%1h4.7288+0.018%$10K$202K10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.933%$660K$404K50xas long as short
Backpack LIT_USDC_PERP−0.0124%1h4.7313+0.070%$665K$1.5M5xas long as short
Nado LIT-PERP−0.0123%1h4.7318+0.082%$2.1M$1.7M10xas long as short
RISEx LIT/USDC−0.0082%1h4.7325+0.096%$788K$2.1M5xas long as short
Phoenix LIT−0.0050%1h4.7306+0.055%$246K$327K5xas long as short
Paradex LIT-USD-PERP−0.0018%8h4.7278−0.003%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7355+0.159%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7344+0.136%$35K150xas long as short
edgeX LITUSDC+0.0032%4h4.7254−0.054%$287K$309K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.608%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0040%4h4.7250−0.063%$5.7M$4.2M100xas long as short
Binance LITUSDT+0.0044%4h4.7233−0.099%$74.9M$81.6M75xas long as short
Aevo LIT-PERP+0.0056%1h4.7296+0.034%$148K$44K3xas long as short
ApeX Omni LITUSDT+0.0091%1h4.7310+0.064%$55K$78K50xas long as short
Lighter LIT+0.0096%1h4.7363+0.176%$59.5M$29.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7360+0.169%$211.1M$44.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7332+0.111%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7319+0.083%$582K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7277−0.006%$116K$449K5xas long as short
Bulk LIT-USDshort+0.0100%1h4.7185−0.201%$118K$5K10x
Bitget LITUSDT+0.0100%4h4.7300+0.043%$6.7M$2.7M20xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7342+0.131%$447K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7335+0.116%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7323+0.091%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7305+0.053%$1K$484K5xas long as short
HTX LIT-USDT+0.0100%4h4.7392+0.237%$190K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7262−0.038%$5.2M$5.2M25xas long as short
BloFin LIT-USDT+0.0164%4h4.7285+0.011%$1.5M$2.1M75xas long as short
Perpl LIT+0.0335%43m4.7364+0.178%$31K$841K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0357% / S −0.0155%1h4.7343+0.134%$59K50xas long as short
Lighter RH LIT+0.0536%1h4.7389+0.231%$3.7M$13.5M5xas long as short