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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0330%/8h= −36.1% APRnext payment $1.65 per $10,000 · paid last 24h −0.064%
Price spread now: Bybit against edgeX−0.018%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 3 days (all we have)−0.199%−$20 · spread now −0.018%, 7d avg −0.018%
Together, before fees−0.243%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.044% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LITUSDC4.75990.0046pay 0.0023% / 4h2h 15m$290K$312K10x
ShortBybit LITUSDT4.7590−0.0284pay 0.0142% / 4h2h 15m$43.0M$30.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against edgeX. 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
−$69.3
Price spread: −0.018% → −0.018%
−$0.01
Slippage, 4 orders
−$53.14
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$142.45
Costs to cover
0.731%
Break-even
never at this rate
Slippage from edgeX: live order book, 8 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 8 min ago5.16 bp10.5 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.10 bp23.3 bp −$2360.8 bp −$608430.0 bp −$43.0Kdoesn't fit

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-PERPETUAL−0.1042%1h4.7605+0.012%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0611%4h4.7562−0.077%$33K$2K10xas long as short
Gate LIT_USDT−0.0570%4h4.7620+0.045%$2.8M$4.5M50xas long as short
Phemex LITUSDT−0.0568%4h4.7580−0.039%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0560%1h4.7551−0.100%$33K$4K5xas long as short
Bullet LIT-USD−0.0344%1h4.7594−0.010%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0332%4h4.7584−0.031%$25.1M$62.3M50xas long as short
Bybit LITUSDTshort−0.0284%4h4.7590−0.018%$43.0M$30.7M75x
KuCoin LITUSDTM−0.0278%4h4.7656+0.120%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582−0.035%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0244%1h4.7637+0.080%$669K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.257%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0067%1h4.7610+0.024%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7660+0.129%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0024%8h4.7563−0.074%$6K$2K5xas long as short
SoDEX LIT-USD−0.0020%1h4.7594−0.010%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7647+0.100%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7659+0.127%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7639+0.085%$830K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0021%1h4.7612+0.028%$450K$105K10xas long as short
Nado LIT-PERP+0.0022%1h4.7585−0.029%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.927%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7565−0.071%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0045%4h4.7566−0.069%$75.3M$81.4M75xas long as short
edgeX LITUSDClong+0.0046%4h4.7599long leg$290K$312K10x
Aevo LIT-PERP+0.0064%1h4.7581−0.037%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7689+0.190%$59.8M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7701+0.215%$212.4M$45.4M5xas long as short
Aster LITUSDT+0.0100%4h4.7679+0.170%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7640+0.087%$587K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7609+0.021%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7630+0.066%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7650+0.108%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7654+0.115%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7624+0.053%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7651+0.110%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.304%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7579−0.042%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7665+0.140%$32K$839K33xas long as short
BloFin LIT-USDT+0.0182%4h4.7612+0.028%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0359% / S −0.0155%1h4.7651+0.110%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7711+0.236%$3.8M$14.2M5xas long as short