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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: Derive against gTrade (Gains Network)−0.115%55s7-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
Funding pays, the price is against you. Derive is 0.115% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 4.0 days of funding at the current rate (+$3 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LIT/USD4.7202L +0.0003% / S −0.0003%pay 0.0000% / 1h43m 26s$35K150x
ShortDerive LIT-PERP4.71480.0100get 0.0013% / 1h43m 26s$2K$1K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against gTrade (Gains Network). 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
$20.34
Price spread: −0.115% → 0.000%
−$11.5
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
−$7.16
Costs to cover
0.160%
Break-even
9.5 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample
Sell Derive no order-book sample
gTrade (Gains Network) 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 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
Gate LIT_USDT−0.0968%4h4.7180−0.047%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0885%1h4.7101−0.214%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0664%1h4.7166−0.077%$662K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0631%4h4.7093−0.232%$32K$2K10xas long as short
Phemex LITUSDT−0.0549%4h4.7100−0.217%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0544%1h4.7122−0.170%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0422%4h4.7135−0.143%$25.3M$62.1M50xas long as short
Bullet LIT-USD−0.0350%1h4.7135−0.143%$85K$81K20xas long as short
Bybit LITUSDT−0.0312%4h4.7160−0.090%$42.6M$30.5M75xas long as short
KuCoin LITUSDTM−0.0290%4h4.7212+0.021%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0215%1h4.7154−0.103%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0200%4h4.7104−0.209%$899K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.099%$660K$388K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7200−0.005%$786K$2.1M5xas long as short
Nado LIT-PERP−0.0058%1h4.7168−0.074%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7125−0.164%$245K$327K5xas long as short
Paradex LIT-USD-PERP−0.0002%8h4.7154−0.102%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7235+0.069%$34K5xas long as short
gTrade (Gains Network) LIT/USDlongL +0.0003% / S −0.0003%1h4.7202long leg$35K150x
SoDEX LIT-USD+0.0030%1h4.7115−0.185%$1K$467K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.775%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0054%4h4.7163−0.083%$5.6M$4.2M100xas long as short
edgeX LITUSDC+0.0054%4h4.7112−0.192%$287K$312K10xas long as short
Binance LITUSDT+0.0055%4h4.7144−0.124%$74.8M$81.1M75xas long as short
Aevo LIT-PERP+0.0072%1h4.7108−0.200%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7248+0.097%$59.4M$29.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7242+0.084%$210.6M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7235+0.070%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7225+0.049%$581K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7182−0.043%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7055−0.312%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7200−0.005%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7130−0.153%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7189−0.028%$446K$104K10xas long as short
Derive LIT-PERPshort+0.0100%1h4.7148−0.115%$2K$1K6.7x
SunX LIT-USDT+0.0100%4h4.7126−0.162%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7147−0.117%$188K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7165−0.079%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0217%4h4.7085−0.249%$1.5M$2.1M75xas long as short
Perpl LIT+0.0335%43m4.7193−0.020%$32K$838K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7194−0.017%$59K50xas long as short
Lighter RH LIT+0.0392%1h4.7274+0.152%$3.7M$13.5M5xas long as short