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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0053%/8h= −5.8% APRnext payment $0.07 per $10,000 · paid last 24h +0.007%
Price spread now: Phoenix against gTrade (Gains Network)+0.037%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. Phoenix is 0.037% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LIT/USD4.7420L +0.0003% / S −0.0003%pay 0.0000% / 1h32m 41s$35K150x
ShortPhoenix LIT4.7438−0.0050pay 0.0006% / 1h32m 41s$246K$321K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
−$11.2
Price spread: +0.037% → 0.000%
$3.69
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$24.51
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 53 min ago. 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 Phoenix live order book, 53 min ago2.07 bp16.1 bp −$1650.2 bp −$502doesn't fitdoesn't fit
gTrade (Gains Network): 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
Deribit LIT_USDC-PERPETUAL−0.1061%1h4.7396−0.052%$42K$40K10xas long as short
Gate LIT_USDT−0.0712%4h4.7340−0.170%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0594%4h4.7323−0.206%$32K$2K10xas long as short
01 Exchange LITUSD−0.0584%1h4.7359−0.130%$33K$4K5xas long as short
Backpack LIT_USDC_PERP−0.0458%1h4.7395−0.054%$666K$1.5M5xas long as short
Phemex LITUSDT−0.0446%4h4.7360−0.128%$1.3M$2.7M20xas long as short
Bullet LIT-USD−0.0387%1h4.7368−0.110%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0308%4h4.7390−0.064%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0304%4h4.7340−0.171%$891K$1.9M10xas long as short
OKX LIT-USDT-SWAP−0.0303%4h4.7321−0.210%$24.9M$61.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0295%4h4.7321−0.210%$42.8M$30.5M75xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7487+0.139%$657K$402K50xas long as short
Phoenix LITshort−0.0050%1h4.7438+0.037%$246K$321K5x
Extended LIT-USD−0.0040%1h4.7318−0.216%$5.2M$5.1M25xas long as short
SoDEX LIT-USD−0.0034%1h4.7375−0.096%$984$487K5xas long as short
Paradex LIT-USD-PERP−0.0031%8h4.7399−0.045%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7465+0.094%$34K5xas long as short
gTrade (Gains Network) LIT/USDlongL +0.0003% / S −0.0003%1h4.7420long leg$35K150x
RISEx LIT/USDC+0.0009%1h4.7418−0.005%$816K$2.0M5xas long as short
Bulk LIT-USD+0.0018%1h4.7345−0.159%$119K$6K10xas long as short
Polymarket Perps LIT-USD+0.0022%1h4.7414−0.014%$448K$105K10xas long as short
MEXC LIT_USDT+0.0026%4h4.7321−0.210%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0026%4h4.7302−0.250%$74.7M$81.0M75xas long as short
edgeX LITUSDC+0.0029%4h4.7317−0.219%$288K$311K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.306%$422$178K5.5xas long as short
Aevo LIT-PERP+0.0040%1h4.7364−0.118%$148K$44K3xas long as short
Nado LIT-PERP+0.0054%1h4.7390−0.064%$2.1M$1.7M10xas long as short
Lighter LIT+0.0096%1h4.7403−0.037%$59.4M$30.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7364−0.119%$210.6M$44.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7412−0.018%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7461+0.085%$586K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7407−0.028%$117K$447K5xas long as short
Bitget LITUSDT+0.0100%4h4.7380−0.085%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7400−0.043%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7429+0.017%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7426+0.012%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7453+0.069%$190K$329K30xas long as short
BloFin LIT-USDT+0.0106%4h4.7380−0.085%$1.5M$2.0M75xas long as short
Perpl LIT+0.0112%43m4.7454+0.071%$31K$841K33xas long as short
Aftermath Perps LITUSD+0.0192%1h4.7438+0.037%$11K$198K10xas long as short
Lighter RH LIT+0.0344%1h4.7479+0.123%$3.7M$14.2M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7418−0.004%$59K50xas long as short