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−0.0334%/8h= −36.6% APRnext payment $1.67 per $10,000 · paid last 24h −0.034%
Price spread now: GRVT against edgeX−0.077%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.354%−$35 on $10k
Price spread, last 3 days (all we have)−0.011%−$1 · spread now −0.077%, 7d avg −0.050%
Together, before fees−0.365%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and GRVT is 0.027% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX LITUSDC4.75270.0060pay 0.0030% / 4h2h 53m$289K$310K10x
ShortGRVT LIT_USDT_Perp4.7490−0.0274pay 0.0137% / 4h2h 53m$896K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$70.13
Price spread: −0.077% → −0.050%
−$2.7
Slippage, 4 orders
−$39.8
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$130.63
Costs to cover
0.578%
Break-even
never at this rate
Slippage from edgeX: live order book, 34 min ago; GRVT: live order book, 5 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, 34 min ago5.18 bp10.5 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 5 min ago1.05 bp13.1 bp −$1345.6 bp −$456doesn't fitdoesn'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−0.0847%1h4.7435−0.193%$42K$40K10xas long as short
01 Exchange LITUSD−0.0720%1h4.7407−0.252%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0565%4h4.7362−0.347%$32K$2K10xas long as short
Backpack LIT_USDC_PERP−0.0514%1h4.7486−0.086%$667K$1.5M5xas long as short
Phemex LITUSDT−0.0484%4h4.7440−0.183%$1.3M$2.7M20xas long as short
Bullet LIT-USD−0.0352%1h4.7414−0.237%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0334%4h4.7464−0.132%$5.3M$1.1M30xas long as short
Gate LIT_USDT−0.0332%4h4.7450−0.162%$2.8M$4.5M50xas long as short
OKX LIT-USDT-SWAP−0.0292%4h4.7439−0.185%$25.2M$60.6M50xas long as short
GRVT LIT_USDT_Perpshort−0.0274%4h4.7490−0.077%$896K$1.9M10x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0235%4h4.7480−0.099%$42.9M$30.1M75xas long as short
Nado LIT-PERP−0.0187%1h4.7420−0.224%$2.1M$1.7M10xas long as short
SoDEX LIT-USD−0.0180%1h4.7443−0.177%$983$474K5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.8452+1.947%$668K$408K50xas long as short
Phoenix LIT−0.0067%1h4.7677+0.316%$246K$321K5xas long as short
Extended LIT-USD−0.0048%1h4.7440−0.183%$5.2M$5.2M25xas long as short
Paradex LIT-USD-PERP−0.0017%8h4.7400−0.266%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7460−0.141%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7461−0.139%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7469−0.122%$815K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0030%1h4.7428−0.208%$448K$104K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.080%$422$178K5.5xas long as short
Binance LITUSDT+0.0053%4h4.7425−0.215%$74.9M$80.6M75xas long as short
MEXC LIT_USDT+0.0054%4h4.7423−0.219%$5.9M$4.2M100xas long as short
edgeX LITUSDClong+0.0060%4h4.7527long leg$289K$310K10x
Aevo LIT-PERP+0.0072%1h4.7391−0.286%$148K$44K3xas long as short
ApeX Omni LITUSDT+0.0083%1h4.7490−0.078%$56K$78K50xas long as short
Bulk LIT-USD+0.0088%1h4.7627+0.211%$119K$7K10xas long as short
Hyperliquid LIT+0.0100%1h4.7485−0.088%$211.0M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7487−0.084%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7494−0.068%$596K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7429−0.206%$118K$446K5xas long as short
Bitget LITUSDT+0.0100%4h4.7460−0.141%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7467−0.126%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7472−0.116%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7465−0.130%$189K$331K30xas long as short
Perpl LIT+0.0112%43m4.7486−0.086%$31K$842K33xas long as short
Lighter LIT+0.0120%1h4.7524−0.006%$59.6M$29.5M5xas long as short
Aftermath Perps LITUSD+0.0161%1h4.7644+0.247%$11K$198K10xas long as short
Lighter RH LIT+0.0192%1h4.7525−0.004%$3.7M$14.0M5xas long as short
BloFin LIT-USDT+0.0218%4h4.7425−0.214%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7459−0.143%$60K50xas long as short