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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0704%/8h= −77.1% APRnext payment $0.88 per $10,000 · paid last 24h −0.293%
Price spread now: Deribit against GMX−0.033%7-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
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Deribit is 0.033% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LIT/USD [ETH-USDC]4.6796L +0.0409% / S −0.0206%pay 0.0051% / 1h41m 32s$63K50x
ShortDeribit LIT_USDC-PERPETUAL4.6781−0.0295pay 0.0037% / 1h41m 32s$41K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against GMX. 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
−$147.82
Price spread: −0.033% → 0.000%
−$3.27
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$170.09
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: 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 GMX no order-book sample
Sell Deribit no order-book sample
GMX and Deribit: 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
Orderly PERP_LIT_USDC−0.0394%4h4.6721−0.160%$32K$1K10xas long as short
Bullet LIT-USD−0.0325%1h4.6771−0.053%$84K$68K20xas long as short
Deribit LIT_USDC-PERPETUALshort−0.0295%1h4.6781−0.033%$41K$40K10x
01 Exchange LITUSD−0.0264%1h4.6742−0.116%$33K$4K5xas long as short
Gate LIT_USDT−0.0126%4h4.6750−0.099%$2.7M$4.2M50xas long as short
Phoenix LIT−0.0085%1h4.6728−0.146%$201K$341K5xas long as short
Coinbase International LIT-PERP-INTX−0.0024%1h4.6865+0.148%$658K$372K50xas long as short
KuCoin LITUSDTM−0.0012%4h4.6767−0.062%$5.2M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0010%4h4.6792−0.009%$25.2M$61.5M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6798+0.005%$11K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp+0.0010%4h4.6830+0.072%$909K$1.7M10xas long as short
Phemex LITUSDT+0.0012%4h4.6760−0.077%$1.4M$2.8M20xas long as short
dYdX LIT-USD+0.0014%1h4.6721−0.160%$34K5xas long as short
Backpack LIT_USDC_PERP+0.0028%1h4.6809+0.028%$682K$1.4M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.658%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0057%1h4.6800+0.008%$56K$77K50xas long as short
Paradex LIT-USD-PERP+0.0066%8h4.6713−0.178%$7K$2K5xas long as short
Bulk LIT-USD+0.0089%1h4.6805+0.020%$117K$2K10xas long as short
Lighter LIT+0.0096%1h4.6770−0.056%$58.4M$28.6M5xas long as short
RISEx LIT/USDC+0.0099%1h4.6785−0.024%$780K$2.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.6749−0.100%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6807+0.023%$209.1M$41.2M5xas long as short
Pacifica LIT+0.0100%1h4.6722−0.158%$579K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6749−0.101%$74.3M$78.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.6760−0.077%$41.4M$28.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6776−0.043%$117K$447K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6701−0.203%$5.4M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6820+0.051%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6793−0.008%$285K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6782−0.030%$442K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6799+0.006%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6781−0.032%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6810+0.030%$1K$416K5xas long as short
HTX LIT-USDT+0.0100%4h4.6860+0.137%$194K$379K30xas long as short
Extended LIT-USD+0.0104%1h4.6743−0.114%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6774−0.048%$146K3xas long as short
Lighter RH LIT+0.0160%1h4.6789−0.015%$3.6M$13.1M5xas long as short
Aster LITUSDT+0.0181%4h4.6812+0.034%$12.5M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0259%1h4.6810+0.029%$9K$210K10xas long as short
BloFin LIT-USDT+0.0340%4h4.6811+0.032%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]longL +0.0409% / S −0.0206%1h4.6796long leg$63K50x
Perpl LIT+0.0447%43m4.6806+0.021%$31K$828K33xas long as short