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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0367%/8h= +40.2% APRnext payment +$0.46 per $10,000 · paid last 24h +0.118%
Price spread now: Bullet against Deribit−0.093%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. Bullet is 0.093% cheaper against Deribit than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 20 hours of funding at the current rate (+$11 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LIT_USDC-PERPETUAL4.7682−0.0718get 0.0090% / 1h17m 20s$42K$40K10x
ShortBullet LIT-USD4.7638−0.0351pay 0.0044% / 1h17m 20s$85K$72K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$77.03
Price spread: −0.093% → 0.000%
−$9.3
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bullet: 4 bp × 2 orders
−$8
Net
$52.74
Costs to cover
0.150%
Break-even
2.2 days
Slippage unknown: Deribit: no order-book sample; Bullet: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Bullet no order-book sample
Deribit and Bullet: 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−0.0718%1h4.7682long leg$42K$40K10x
Orderly PERP_LIT_USDC−0.0489%4h4.7608−0.155%$33K$2K10xas long as short
01 Exchange LITUSD−0.0424%1h4.7574−0.227%$33K$4K5xas long as short
Bullet LIT-USDshort−0.0351%1h4.7638−0.093%$85K$72K20x
ApeX Omni LITUSDT−0.0216%1h4.7530−0.319%$57K$77K50xas long as short
OKX LIT-USDT-SWAP−0.0202%4h4.7674−0.017%$25.9M$63.8M50xas long as short
KuCoin LITUSDTM−0.0130%4h4.7616−0.138%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7644−0.079%$674K$391K50xas long as short
GRVT LIT_USDT_Perp−0.0064%4h4.7540−0.298%$909K$1.8M10xas long as short
Phoenix LIT−0.0034%1h4.7641−0.086%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7666−0.034%$32K$853K33xas long as short
dYdX LIT-USD+0.0003%1h4.7622−0.125%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7719+0.077%$11K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.751%$422$178K5.5xas long as short
Nado LIT-PERP+0.0043%1h4.7641−0.085%$2.2M$1.7M10xas long as short
Paradex LIT-USD-PERP+0.0045%8h4.7586−0.201%$7K$2K5xas long as short
Polymarket Perps LIT-USD+0.0091%1h4.7656−0.055%$450K$104K10xas long as short
Lighter LIT+0.0096%1h4.7727+0.094%$59.7M$30.0M5xas long as short
Aster LITUSDT+0.0100%4h4.7697+0.031%$12.7M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7642−0.084%$590K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7640−0.088%$76.1M$80.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.7636−0.096%$42.9M$29.7M75xas long as short
Arcus LIT-USD+0.0100%1h4.7641−0.086%$118K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7476−0.432%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7630−0.109%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7619−0.132%$5.6M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7690+0.017%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7622−0.126%$690K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7504−0.374%$289K$308K10xas long as short
Derive LIT-PERP+0.0100%1h4.7715+0.068%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7621−0.128%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7675−0.015%$988$453K5xas long as short
HTX LIT-USDT+0.0100%4h4.7673−0.019%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7620−0.130%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7647−0.073%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7657−0.052%$149K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7668−0.030%$794K$2.0M5xas long as short
Lighter RH LIT+0.0184%1h4.7733+0.107%$3.7M$13.7M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7632−0.105%$1.6M$2.0M75xas long as short
Hyperliquid LIT+0.0342%1h4.7746+0.134%$214.3M$43.9M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0399% / S −0.0188%1h4.7694+0.025%$64K50xas long as short
Aftermath Perps LITUSD+0.0403%1h4.7603−0.165%$9K$203K10xas long as short