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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0640%/8h= +70.0% APRnext payment +$0.80 per $10,000 · paid last 24h +0.207%
Price spread now: Derive against Deribit+0.093%7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Derive is 0.093% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LIT_USDC-PERPETUAL4.7077−0.0540get 0.0067% / 1h31m 28s$41K$40K10x
ShortDerive LIT-PERP4.71210.0100get 0.0013% / 1h31m 28s$2K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
$134.31
Price spread: +0.093% → 0.000%
$9.26
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Derive: 3 bp × 2 orders
−$6
Net
$130.57
Costs to cover
0.130%
Break-even
0.2 days
Slippage unknown: Deribit: no order-book sample; Derive: 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 Derive no order-book sample
Deribit and Derive: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange LITUSD−0.0616%1h4.7000−0.164%$33K$4K5xas long as short
Deribit LIT_USDC-PERPETUALlong−0.0540%1h4.7077long leg$41K$40K10x
Orderly PERP_LIT_USDC−0.0464%4h4.7027−0.107%$32K$2K10xas long as short
Bullet LIT-USD−0.0445%1h4.7083+0.011%$84K$73K20xas long as short
Gate LIT_USDT−0.0210%4h4.7080+0.006%$2.8M$4.3M50xas long as short
OKX LIT-USDT-SWAP−0.0156%4h4.7088+0.023%$25.6M$63.6M50xas long as short
GRVT LIT_USDT_Perp−0.0152%4h4.7010−0.143%$904K$1.8M10xas long as short
KuCoin LITUSDTM−0.0146%4h4.7061−0.034%$5.2M$1.1M30xas long as short
ApeX Omni LITUSDT−0.0112%1h4.7030−0.100%$56K$77K50xas long as short
Phoenix LIT−0.0102%1h4.7072−0.011%$203K$352K5xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0080%1h4.7209+0.280%$668K$387K50xas long as short
Backpack LIT_USDC_PERP−0.0076%1h4.7076−0.003%$679K$1.4M5xas long as short
dYdX LIT-USD0.0000%1h4.7102+0.054%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.7128+0.107%$472150xas long as short
Phemex LITUSDT+0.0015%4h4.7050−0.058%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0030%1h4.6912−0.352%$117K$1K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.045%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0034%8h4.6995−0.174%$7K$2K5xas long as short
SoDEX LIT-USD+0.0076%1h4.7078+0.002%$1K$450K5xas long as short
RISEx LIT/USDC+0.0081%1h4.7108+0.065%$788K$2.0M5xas long as short
Bybit LITUSDT+0.0094%4h4.7053−0.051%$42.2M$29.2M75xas long as short
Lighter LIT+0.0096%1h4.7108+0.065%$59.0M$29.5M5xas long as short
Lighter RH LIT+0.0096%1h4.7122+0.095%$3.7M$13.3M5xas long as short
Nado LIT-PERP+0.0100%1h4.7030−0.100%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7161+0.178%$211.0M$43.9M5xas long as short
Aster LITUSDT+0.0100%4h4.7123+0.097%$12.6M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.7056−0.045%$584K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7051−0.055%$75.1M$80.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7061−0.034%$116K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7051−0.056%$5.5M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7090+0.027%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.6972−0.224%$286K$306K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7090+0.027%$445K$104K10xas long as short
Derive LIT-PERPshort+0.0100%1h4.7121+0.093%$2K6.7x
SunX LIT-USDT+0.0100%4h4.7118+0.087%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7215+0.293%$189K$354K30xas long as short
Extended LIT-USD+0.0104%1h4.7043−0.073%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7051−0.057%$147K3xas long as short
Aftermath Perps LITUSD+0.0284%1h4.7028−0.105%$9K$211K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0405% / S −0.0198%1h4.7093+0.033%$63K50xas long as short
Perpl LIT+0.0447%43m4.7103+0.055%$31K$862K33xas long as short