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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0222%/8h= −24.3% APRnext payment $1.11 per $10,000 · paid last 24h −0.054%
Price spread now: OKX against GRVT+0.035%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.768% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.199%+$20 on $10k
Price spread, last 7 days−0.037%−$4 · spread now +0.035%, 7d avg +0.078%
Together, before fees+0.161%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and OKX is 0.043% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.078%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.199%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT LIT_USDT_Perp4.7104−0.0200get 0.0100% / 4h1h 43m$899K$1.9M10x
ShortOKX LIT-USDT-SWAP4.7120−0.0422pay 0.0211% / 4h1h 43m$25.2M$62.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$46.54
Price spread: +0.035% → +0.078%
−$4.31
Slippage, 4 orders
−$57.76
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$127.6
Costs to cover
0.768%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; OKX: live order book, 6 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 ago1.06 bp41.4 bp −$414814.9 bp −$48.1Kdoesn't fitdoesn't fit
Sell OKX live order book, 6 min ago0.11 bp10.2 bp −$1029.7 bp −$297doesn't fitdoesn't fit

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
Gate LIT_USDT−0.0968%4h4.7180+0.162%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0869%1h4.7150+0.098%$41K$40K10xas long as short
Backpack LIT_USDC_PERP−0.0664%1h4.7166+0.133%$662K$1.4M5xas long as short
Orderly PERP_LIT_USDC−0.0631%4h4.7093−0.022%$32K$2K10xas long as short
01 Exchange LITUSD−0.0544%1h4.7122+0.039%$33K$4K5xas long as short
Phemex LITUSDT−0.0540%4h4.7140+0.077%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAPshort−0.0422%4h4.7120+0.035%$25.2M$62.1M50x
Bullet LIT-USD−0.0350%1h4.7135+0.067%$85K$81K20xas long as short
Bybit LITUSDT−0.0312%4h4.7153+0.105%$42.6M$30.5M75xas long as short
KuCoin LITUSDTM−0.0290%4h4.7201+0.207%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0215%1h4.7154+0.106%$10K$202K10xas long as short
GRVT LIT_USDT_Perplong−0.0200%4h4.7104long leg$899K$1.9M10x
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.311%$660K$388K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7200+0.205%$786K$2.1M5xas long as short
Nado LIT-PERP−0.0058%1h4.7168+0.136%$2.1M$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7125+0.046%$245K$327K5xas long as short
Paradex LIT-USD-PERP−0.0002%8h4.7154+0.107%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7235+0.279%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7202+0.210%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.988%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0054%4h4.7135+0.067%$5.6M$4.2M100xas long as short
edgeX LITUSDC+0.0054%4h4.7112+0.017%$287K$312K10xas long as short
Binance LITUSDT+0.0055%4h4.7153+0.104%$74.8M$81.1M75xas long as short
SoDEX LIT-USD+0.0058%1h4.7145+0.088%$1K$467K5xas long as short
Aevo LIT-PERP+0.0072%1h4.7136+0.069%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7231+0.271%$59.4M$29.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7242+0.294%$210.6M$44.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7223+0.253%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7225+0.258%$581K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7182+0.167%$116K$447K5xas long as short
Bulk LIT-USD+0.0100%1h4.7055−0.103%$118K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7200+0.205%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7130+0.056%$55K$78K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7189+0.181%$446K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7193+0.190%$2K$7296.7xas long as short
SunX LIT-USDT+0.0100%4h4.7186+0.175%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7222+0.252%$189K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7128+0.051%$5.2M$5.1M25xas long as short
BloFin LIT-USDT+0.0219%4h4.7141+0.080%$1.5M$2.1M75xas long as short
Perpl LIT+0.0335%43m4.7193+0.189%$32K$838K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0356% / S −0.0155%1h4.7194+0.193%$59K50xas long as short
Lighter RH LIT+0.0384%1h4.7248+0.307%$3.7M$13.5M5xas long as short