Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.025%

Price spread now: Pacifica against GRVT+0.074%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$360.357% of the position

Long on GRVT Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.394%+$39 on $10k

Price spread, last 7 days+0.179%+$18 · spread now +0.074%, 7d avg +0.104%

Together, before fees+0.573%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.030% cheaper against GRVT than usual: you would sell low and buy high (spread +0.074% now, against its 7-day average of +0.104%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LIT_USDT_Perp	4.7229	−0.0068	get 0.0034% / 4h	11m 21s	$905K	$1.8M	10x
Short	Pacifica LIT	4.7264	0.0100	get 0.0013% / 1h	11m 21s	$588K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.074%Rate

Funding earned: $35.28
Price spread: +0.074% → +0.104%: −$2.99
Slippage, 4 orders: −$18.72
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.43
Costs to cover: 0.357%
Break-even: 7.7 days

Slippage from GRVT: live order book, 2 min ago; Pacifica: live order book, 3 min ago.

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, 2 min ago	1.06 bp	5.6 bp −$6	78.8 bp −$788	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	2.43 bp	9.8 bp −$10	doesn't fit	doesn't fit	doesn't fit

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
Gate LIT_USDT	−0.0820%	4h	4.7290	+0.129%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0805%	1h	4.7245	+0.034%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0544%	4h	4.7199	−0.064%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0536%	1h	4.7136	−0.197%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0347%	1h	4.7245	+0.034%	$84K	$78K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0342%	4h	4.7256	+0.057%	$25.6M	$63.9M	50x	as long as short
Phemex LITUSDT	−0.0303%	4h	4.7260	+0.065%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0176%	4h	4.7265	+0.076%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.803%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perplong	−0.0068%	4h	4.7229	long leg	$905K	$1.8M	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7285	+0.118%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7241	+0.026%	$32K	$852K	33x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7281	+0.111%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7293	+0.135%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7249	+0.042%	$817K	$2.1M	5x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7212	−0.037%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.717%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0036%	4h	4.7257	+0.059%	$42.6M	$30.2M	75x	as long as short
Lighter LIT	+0.0096%	1h	4.7291	+0.131%	$59.1M	$30.6M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7245	+0.033%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7319	+0.190%	$12.6M	$2.4M	50x	as long as short
Pacifica LITshort	+0.0100%	1h	4.7264	+0.074%	$588K	$1.7M	10x
Binance LITUSDT	+0.0100%	4h	4.7225	−0.009%	$75.3M	$82.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7231	+0.004%	$120K	$459K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7316	+0.184%	$118K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7217	−0.026%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7260	+0.065%	$6.7M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7316	+0.184%	$681K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7244	+0.032%	$287K	$309K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7240	+0.023%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7261	+0.067%	$447K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7276	+0.100%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7221	−0.017%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7251	+0.046%	$989	$471K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7251	+0.046%	$189K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7236	+0.014%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7226	−0.007%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0188%	1h	4.7297	+0.143%	$13K	$203K	10x	as long as short
Hyperliquid LIT	+0.0198%	1h	4.7331	+0.215%	$212.3M	$45.0M	5x	as long as short
Lighter RH LIT	+0.0200%	1h	4.7312	+0.175%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7213	−0.034%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0377% / S −0.0169%	1h	4.7276	+0.100%	$62K	—	50x	as long as short