Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h +0.002%

Price spread now: ApeX Omni against GRVT−0.485%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.334%+$33 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.485% cheaper against GRVT than usual: you would sell low and buy high (−$48 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.334%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LIT_USDT_Perp	4.6887	0.0100	pay 0.0050% / 4h	27m 57s	$903K	$1.8M	10x
Short	ApeX Omni LITUSDT	4.6660	0.0065	get 0.0008% / 1h	27m 57s	$56K	$76K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee ApeX OmnibpOrdersPrice spread, now −0.485%Rate

Funding earned: −$7.38
Price spread: −0.485% → 0.000%: −$48.47
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$74.84
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, just now; ApeX Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, just now	1.07 bp	12.6 bp −$13	32.5 bp −$325	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0462%	1h	4.6879	−0.018%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0448%	1h	4.6943	+0.119%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6850	−0.079%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0276%	1h	4.6909	+0.046%	$84K	$68K	20x	as long as short
Gate LIT_USDT	−0.0202%	4h	4.6930	+0.091%	$2.7M	$4.3M	50x	as long as short
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	−0.085%	$612K	$398K	50x	as long as short
Extended LIT-USD	−0.0088%	1h	4.6923	+0.077%	$5.1M	$5.0M	25x	as long as short
Bybit LITUSDT	−0.0073%	4h	4.6921	+0.072%	$41.3M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0064%	4h	4.6880	−0.015%	$1.4M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6885	−0.005%	$202K	$305K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack LIT_USDC_PERP	−0.0022%	1h	4.6943	+0.119%	$656K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7011	+0.263%	$34K	—	5x	as long as short
KuCoin LITUSDTM	+0.0002%	4h	4.6933	+0.098%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	+0.0002%	4h	4.6955	+0.144%	$25.2M	$61.6M	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6944	+0.120%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.459%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0048%	1h	4.6958	+0.150%	$2.2M	$1.7M	10x	as long as short
ApeX Omni LITUSDTshort	+0.0065%	1h	4.6660	−0.485%	$56K	$76K	50x
Polymarket Perps LIT-USD	+0.0067%	1h	4.6948	+0.130%	$439K	$110K	10x	as long as short
Paradex LIT-USD-PERP	+0.0071%	8h	4.6931	+0.094%	$6K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6936	+0.105%	$794K	$2.1M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6951	+0.136%	$58.5M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6968	+0.172%	$3.6M	$13.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6992	+0.223%	$210.3M	$42.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6995	+0.230%	$592K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6912	+0.053%	$75.0M	$79.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6966	+0.168%	$115K	$456K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6925	+0.081%	$5.6M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6950	+0.134%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6855	−0.068%	$287K	$306K	10x	as long as short
GRVT LIT_USDT_Perplong	+0.0100%	4h	4.6887	long leg	$903K	$1.8M	10x
Derive LIT-PERP	+0.0100%	1h	4.6908	+0.044%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6921	+0.072%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6885	−0.005%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6973	+0.183%	$199K	$387K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6576	−0.664%	$116K	$1K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6896	+0.018%	$147K	—	3x	as long as short
Aster LITUSDT	+0.0213%	4h	4.6988	+0.215%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0241%	1h	4.6833	−0.115%	$9K	$207K	10x	as long as short
Perpl LIT	+0.0335%	43m	4.6990	+0.218%	$31K	$780K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6927	+0.085%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0419% / S −0.0217%	1h	4.6918	+0.065%	$63K	—	50x	as long as short