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−0.0716%/8h= −78.4% APRnext payment $0.89 per $10,000 · paid last 24h −0.106%
Price spread now: 01 Exchange against Derive−0.149%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
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and 01 Exchange is 0.149% cheaper against Derive than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive LIT-PERP4.68860.0100pay 0.0013% / 1h53m 24s$2K6.7x
Short01 Exchange LITUSD4.6816−0.0616pay 0.0077% / 1h53m 24s$33K$4K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$150.36
Price spread: −0.149% → 0.000%
−$14.93
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$178.29
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Derive and 01 Exchange: 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
01 Exchange LITUSDshort−0.0616%1h4.6816−0.149%$33K$4K5x
Backpack LIT_USDC_PERP−0.0530%1h4.6878−0.017%$679K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0476%4h4.6837−0.105%$32K$2K10xas long as short
Bullet LIT-USD−0.0445%1h4.6872−0.030%$84K$72K20xas long as short
Deribit LIT_USDC-PERPETUAL−0.0375%1h4.6850−0.077%$41K$40K10xas long as short
OKX LIT-USDT-SWAP−0.0179%4h4.68860.000%$25.5M$63.5M50xas long as short
GRVT LIT_USDT_Perp−0.0156%4h4.6820−0.141%$898K$1.8M10xas long as short
KuCoin LITUSDTM−0.0142%4h4.6882−0.009%$5.2M$1.1M30xas long as short
ApeX Omni LITUSDT−0.0135%1h4.6860−0.055%$56K$77K50xas long as short
Gate LIT_USDT−0.0124%4h4.6910+0.051%$2.8M$4.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0102%1h4.6878−0.017%$203K$352K5xas long as short
Coinbase International LIT-PERP-INTX−0.0080%1h4.6919+0.071%$664K$385K50xas long as short
dYdX LIT-USD0.0000%1h4.6882−0.007%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S 0.0000%1h4.6928+0.090%$470150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.461%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0040%8h4.6833−0.113%$7K$2K5xas long as short
RISEx LIT/USDC+0.0081%1h4.6896+0.022%$781K$2.0M5xas long as short
Lighter LIT+0.0096%1h4.6914+0.060%$58.8M$29.1M5xas long as short
Bulk LIT-USD+0.0096%1h4.6903+0.037%$117K$1K10xas long as short
Nado LIT-PERP+0.0100%1h4.6900+0.030%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6962+0.162%$210.4M$44.2M5xas long as short
Aster LITUSDT+0.0100%4h4.6916+0.064%$12.6M$2.1M50xas long as short
Pacifica LIT+0.0100%1h4.6875−0.023%$581K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6866−0.042%$74.9M$80.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.68860.000%$42.1M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.6848−0.081%$116K$448K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6866−0.043%$5.4M$4.0M100xas long as short
Bitget LITUSDT+0.0100%4h4.6910+0.051%$6.7M$2.7M20xas long as short
edgeX LITUSDC+0.0100%4h4.6902+0.033%$286K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6896+0.021%$443K$104K10xas long as short
Derive LIT-PERPlong+0.0100%1h4.6886long leg$2K6.7x
SunX LIT-USDT+0.0100%4h4.68860.000%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6850−0.077%$1K$458K5xas long as short
HTX LIT-USDT+0.0100%4h4.6902+0.034%$187K$354K30xas long as short
Phemex LITUSDT+0.0100%4h4.6850−0.077%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.6814−0.153%$5.1M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6818−0.144%$146K3xas long as short
Lighter RH LIT+0.0232%1h4.6928+0.090%$3.7M$13.2M5xas long as short
Aftermath Perps LITUSD+0.0290%1h4.7031+0.310%$10K$208K10xas long as short
BloFin LIT-USDT+0.0340%4h4.6793−0.198%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0401% / S −0.0193%1h4.6917+0.066%$63K50xas long as short
Perpl LIT+0.0447%43m4.6882−0.009%$31K$858K33xas long as short