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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Derive+1.229%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
The price spread pays, funding is against you. Injective is 1.229% dearer against Derive than usual: you sell high and buy low (spread +1.229% now, against zero (this spread has no 7-day history yet)): +$123 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive LIT-PERP4.74570.0100pay 0.0013% / 1h40m 22s$2K6.7x
ShortInjective LIT/USDC PERP4.80400.0033get 0.0004% / 1h40m 22s$422$178K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Derive. 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
−$14
Price spread: +1.229% → 0.000%
$122.85
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$102.83
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; Injective: 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 Derive no order-book sample
Sell Injective no order-book sample
Derive and Injective: 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
Coinbase International LIT-PERP-INTX−0.0448%1h4.7300−0.330%$612K$358K50xas long as short
Orderly PERP_LIT_USDC−0.0380%4h4.7229−0.480%$32K$1K10xas long as short
01 Exchange LITUSD−0.0312%1h4.7250−0.436%$31K$5K5xas long as short
Phemex LITUSDT−0.0303%4h4.7420−0.078%$1.4M$2.8M20xas long as short
GRVT LIT_USDT_Perp−0.0218%4h4.7321−0.287%$897K$1.8M10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0165%1h4.7450−0.015%$42K$40K10xas long as short
Bullet LIT-USD−0.0156%1h4.7266−0.402%$85K$68K20xas long as short
OKX LIT-USDT-SWAP−0.0141%4h4.7280−0.373%$25.5M$60.7M50xas long as short
Bybit LITUSDT−0.0091%4h4.7280−0.373%$41.2M$28.6M75xas long as short
Phoenix LIT−0.0017%1h4.7395−0.131%$204K$283K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx LIT/USDC−0.0012%1h4.7301−0.330%$816K$2.2M5xas long as short
KuCoin LITUSDTM−0.0004%4h4.7314−0.301%$5.3M$1.0M30xas long as short
dYdX LIT-USD0.0000%1h4.7321−0.286%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7310−0.310%$11K150xas long as short
Injective LIT/USDC PERPshort+0.0033%1h4.8040+1.229%$422$178K5.5x
Paradex LIT-USD-PERP+0.0092%8h4.7277−0.380%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7344−0.238%$59.0M$27.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7260−0.414%$2.2M$1.6M10xas long as short
Hyperliquid LIT+0.0100%1h4.7358−0.209%$211.8M$40.7M5xas long as short
Pacifica LIT+0.0100%1h4.7330−0.268%$572K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7266−0.402%$75.9M$77.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.7299−0.333%$119K$457K5xas long as short
Gate LIT_USDT+0.0100%4h4.7290−0.352%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7263−0.409%$5.8M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.7340−0.247%$6.8M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7444−0.027%$664K$1.1M5xas long as short
edgeX LITUSDC+0.0100%4h4.7301−0.328%$289K$303K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7310−0.310%$57K$74K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7278−0.377%$444K$87K10xas long as short
Derive LIT-PERPlong+0.0100%1h4.7457long leg$2K6.7x
SunX LIT-USDT+0.0100%4h4.7401−0.118%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7438−0.040%$1K$351K5xas long as short
HTX LIT-USDT+0.0100%4h4.7426−0.065%$201K$347K30xas long as short
Bulk LIT-USD+0.0100%1h4.7306−0.318%$118K$7K10xas long as short
Extended LIT-USD+0.0104%1h4.7257−0.421%$5.2M$4.9M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7270−0.394%$148K3xas long as short
Lighter RH LIT+0.0168%1h4.7365−0.194%$3.7M$13.0M5xas long as short
Aster LITUSDT+0.0212%4h4.7367−0.190%$12.7M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7394−0.133%$1.6M$1.9M75xas long as short
Aftermath Perps LITUSD+0.0418%1h4.7395−0.130%$8K$204K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0438% / S −0.0231%1h4.7288−0.357%$65K50xas long as short
Perpl LIT+0.0447%43m4.7314−0.302%$31K$705K33xas long as short