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

LIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.044%
Price spread now: Bulk against GRVT−0.162%55s7-day average +0.119% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.113%+$11 on $10k
Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.162%, 7d avg +0.119%
Together, before fees+0.479%+ Points / potential airdropGRVT: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.281% cheaper against GRVT than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of +0.119%). If the spread goes back, that is −$28 on $10k: about 20 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.113% in total) that is about 8.8 days. 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
LongGRVT LIT_USDT_Perp4.69400.0054pay 0.0027% / 4h1h 18m$911K$1.7M10x
ShortBulk LIT-USD4.68640.0100get 0.0013% / 1h18m 08s$117K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$9.66
Price spread: −0.162% → +0.119%
−$28.06
Slippage, 4 orders
−$26.36
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$60.76
Costs to cover
0.424%
Break-even
51.0 days
Slippage from GRVT: live order book, 5 min ago; Bulk: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago1.07 bp13.6 bp −$1433.3 bp −$333doesn't fitdoesn't fit
Sell Bulk live order book, 46 min ago0.11 bp4.9 bp −$511.9 bp −$11943.1 bp −$4,308110.7 bp −$55.3K

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−0.0379%4h4.7096+0.332%$32K$1K10xas long as short
01 Exchange LITUSD−0.0296%1h4.7145+0.437%$33K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0244%1h4.7150+0.447%$41K$40K10xas long as short
Bullet LIT-USD−0.0239%1h4.7139+0.424%$85K$68K20xas long as short
Gate LIT_USDT−0.0092%4h4.7280+0.724%$2.8M$4.3M50xas long as short
Phoenix LIT−0.0085%1h4.7084+0.307%$202K$341K5xas long as short
Phemex LITUSDT−0.0030%4h4.7250+0.660%$1.4M$2.8M20xas long as short
Coinbase International LIT-PERP-INTX−0.0024%1h4.6800−0.299%$611K$411K50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7177+0.505%$11K150xas long as short
dYdX LIT-USD+0.0006%1h4.7181+0.512%$34K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni LITUSDT+0.0027%1h4.7030+0.192%$56K$76K50xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.343%$422$178K5.5xas long as short
KuCoin LITUSDTM+0.0034%4h4.7209+0.573%$5.3M$1.0M30xas long as short
OKX LIT-USDT-SWAP+0.0034%4h4.7262+0.686%$25.5M$62.0M50xas long as short
GRVT LIT_USDT_Perplong+0.0054%4h4.6940long leg$911K$1.7M10x
Paradex LIT-USD-PERP+0.0075%8h4.7123+0.390%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7239+0.637%$58.9M$28.8M5xas long as short
RISEx LIT/USDC+0.0099%1h4.7181+0.513%$797K$2.1M5xas long as short
Nado LIT-PERP+0.0100%1h4.7131+0.408%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7341+0.854%$211.8M$41.0M5xas long as short
Pacifica LIT+0.0100%1h4.7164+0.477%$583K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7244+0.648%$75.2M$78.5M75xas long as short
Bybit LITUSDT+0.0100%4h4.7266+0.695%$41.9M$28.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7152+0.452%$123K$454K5xas long as short
Bulk LIT-USDshort+0.0100%1h4.6864−0.162%$117K$2K10x
MEXC LIT_USDT+0.0100%4h4.7234+0.626%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7310+0.788%$6.7M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7313+0.795%$696K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7010+0.149%$286K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7158+0.464%$446K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7177+0.505%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7121+0.386%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7157+0.462%$2K$403K5xas long as short
HTX LIT-USDT+0.0100%4h4.7363+0.901%$195K$380K30xas long as short
Lighter RH LIT+0.0104%1h4.7306+0.780%$3.7M$13.3M5xas long as short
Extended LIT-USD+0.0104%1h4.7128+0.400%$5.2M$4.9M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7134+0.413%$147K3xas long as short
Aftermath Perps LITUSD+0.0166%1h4.7022+0.174%$9K$205K10xas long as short
Aster LITUSDT+0.0203%4h4.7236+0.631%$12.6M$2.0M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7044+0.222%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0415% / S −0.0212%1h4.7175+0.501%$63K50xas long as short
Perpl LIT+0.0447%43m4.7163+0.476%$31K$814K33xas long as short