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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0183%/8h= +20.1% APRpaid last 24h +0.046%
Price spread now: Injective against Gate+2.322%7-day average −9.849% · 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 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−17.607%−$1,761 · spread now +2.322%, 7d avg −9.849%
Together, before fees−17.599%−$1,760 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Injective is 12.171% dearer against Gate than usual: you sell high and buy low: +$1,217 more if the spread goes back to its 7-day average of −9.849%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate LIT_USDT4.6950−0.0150get 0.0075% / 4h54m 31s$2.7M$4.2M50x
ShortInjective LIT/USDC PERP4.80400.0033get 0.0004% / 1h54m 31s$422$178K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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
$38.5
Price spread: +2.322% → −9.849%
$1,217.11
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,240.59
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 4 min ago; Injective: 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 Gate live order book, 4 min ago2.14 bp29.8 bp −$3074.1 bp −$741doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0590%1h4.6838−0.239%$41K$40K10xas long as short
01 Exchange LITUSD−0.0400%1h4.6848−0.217%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0384%4h4.6817−0.283%$32K$1K10xas long as short
Bullet LIT-USD−0.0275%1h4.6835−0.244%$84K$68K20xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848−0.218%$612K$412K50xas long as short
ApeX Omni LITUSDT−0.0152%1h4.6820−0.277%$56K$76K50xas long as short
Gate LIT_USDTlong−0.0150%4h4.6950long leg$2.7M$4.2M50x
Phemex LITUSDT−0.0091%4h4.6820−0.277%$1.4M$2.8M20xas long as short
Phoenix LIT−0.0085%1h4.6835−0.245%$201K$305K5xas long as short
Bybit LITUSDT−0.0012%4h4.6883−0.143%$41.6M$28.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0010%1h4.6883−0.143%$664K$1.4M5xas long as short
dYdX LIT-USD0.0000%1h4.6952+0.004%$34K5xas long as short
OKX LIT-USDT-SWAP+0.0001%4h4.6915−0.075%$25.2M$61.6M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6880−0.149%$11K150xas long as short
KuCoin LITUSDTM+0.0004%4h4.6883−0.143%$5.2M$1.0M30xas long as short
Polymarket Perps LIT-USD+0.0029%1h4.6870−0.170%$438K$109K10xas long as short
Injective LIT/USDC PERPshort+0.0033%1h4.8040+2.322%$422$178K5.5x
Paradex LIT-USD-PERP+0.0057%8h4.6887−0.135%$7K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.6927−0.049%$783K$2.1M5xas long as short
GRVT LIT_USDT_Perp+0.0076%4h4.6832−0.252%$915K$1.8M10xas long as short
Lighter LIT+0.0096%1h4.6963+0.028%$58.5M$28.5M5xas long as short
Lighter RH LIT+0.0096%1h4.6976+0.055%$3.6M$13.1M5xas long as short
Nado LIT-PERP+0.0100%1h4.6880−0.149%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6962+0.026%$209.9M$41.8M5xas long as short
Pacifica LIT+0.0100%1h4.6909−0.087%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6884−0.140%$74.8M$79.0M75xas long as short
Arcus LIT-USD+0.0100%1h4.6916−0.072%$122K$453K5xas long as short
Bulk LIT-USD+0.0100%1h4.6887−0.134%$117K$97310xas long as short
MEXC LIT_USDT+0.0100%4h4.6899−0.109%$5.5M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.6910−0.085%$6.8M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6697−0.539%$284K$303K10xas long as short
Derive LIT-PERP+0.0100%1h4.6879−0.151%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6860−0.192%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6842−0.230%$2K$397K5xas long as short
HTX LIT-USDT+0.0100%4h4.6931−0.040%$198K$388K30xas long as short
Extended LIT-USD+0.0104%1h4.6880−0.148%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6833−0.249%$146K3xas long as short
Aftermath Perps LITUSD+0.0160%1h4.6858−0.195%$8K$206K10xas long as short
Aster LITUSDT+0.0209%4h4.6953+0.007%$12.6M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.6867−0.177%$31K$797K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6836−0.243%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0217%1h4.6869−0.173%$63K50xas long as short