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

LIT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0394%/8h= −43.1% APRnext payment $1.97 per $10,000 · paid last 24h −0.064%
Price spread now: Bybit against HTX−0.120%7-day average −0.141% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1171.167% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 3 days (all we have)−0.005%$0 · spread now −0.120%, 7d avg −0.141%
Together, before fees−0.165%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.021% dearer against HTX than usual: you sell high and buy low (spread −0.120% now, against its 7-day average of −0.141%): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.160% in total) that is about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.160% in total (about -8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX LIT-USDT4.76840.0100pay 0.0050% / 4h2h 17m$191K$329K30x
ShortBybit LITUSDT4.7627−0.0294pay 0.0147% / 4h2h 17m$43.1M$30.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
−$82.74
Price spread: −0.120% → −0.141%
$2.11
Slippage, 4 orders
−$93.7
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$197.34
Costs to cover
1.167%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Bybit: live order book, 2 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 HTX live order book, 5 min ago18.14 bp29.4 bp −$29252.4 bp −$2,524doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.10 bp23.3 bp −$2360.8 bp −$608430.0 bp −$43.0Kdoesn'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
Deribit LIT_USDC-PERPETUAL−0.0999%1h4.7598−0.181%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0610%4h4.7546−0.289%$33K$2K10xas long as short
Gate LIT_USDT−0.0600%4h4.7610−0.155%$2.8M$4.5M50xas long as short
Phemex LITUSDT−0.0562%4h4.7570−0.239%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0560%1h4.7565−0.250%$33K$4K5xas long as short
Bullet LIT-USD−0.0338%1h4.7599−0.178%$86K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0327%4h4.7623−0.128%$25.1M$62.2M50xas long as short
Bybit LITUSDTshort−0.0294%4h4.7627−0.120%$43.1M$30.6M75x
KuCoin LITUSDTM−0.0284%4h4.7633−0.107%$5.3M$1.1M30xas long as short
Backpack LIT_USDC_PERP−0.0264%1h4.7638−0.096%$669K$1.5M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0264%4h4.7613−0.149%$901K$1.9M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.078%$660K$404K50xas long as short
Phoenix LIT−0.0050%1h4.7660−0.050%$248K$321K5xas long as short
Aftermath Perps LITUSD−0.0041%1h4.7606−0.164%$12K$199K10xas long as short
Paradex LIT-USD-PERP−0.0022%8h4.7588−0.202%$6K$2K5xas long as short
SoDEX LIT-USD0.0000%1h4.7590−0.197%$1K$487K5xas long as short
dYdX LIT-USD0.0000%1h4.7638−0.097%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7647−0.077%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7634−0.105%$830K$2.0M5xas long as short
Nado LIT-PERP+0.0016%1h4.7604−0.168%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0026%1h4.7606−0.164%$450K$105K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.747%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7587−0.203%$5.8M$4.2M100xas long as short
edgeX LITUSDC+0.0044%4h4.7633−0.107%$290K$311K10xas long as short
Binance LITUSDT+0.0046%4h4.7605−0.166%$75.3M$81.4M75xas long as short
Aevo LIT-PERP+0.0064%1h4.7588−0.202%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7682−0.004%$59.8M$30.1M5xas long as short
Extended LIT-USD+0.0096%1h4.7584−0.210%$5.3M$5.2M25xas long as short
Hyperliquid LIT+0.0100%1h4.7682−0.004%$212.2M$45.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7667−0.035%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7655−0.061%$588K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7621−0.132%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7620−0.134%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7680−0.008%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7636−0.100%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7629−0.115%$4K$1.2M20xas long as short
HTX LIT-USDTlong+0.0100%4h4.7684long leg$191K$329K30x
Bulk LIT-USD+0.0100%1h4.7454−0.482%$119K$6K10xas long as short
Perpl LIT+0.0112%43m4.7626−0.122%$31K$839K33xas long as short
BloFin LIT-USDT+0.0184%4h4.7575−0.229%$1.5M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7641−0.091%$60K50xas long as short
Lighter RH LIT+0.0424%1h4.7698+0.029%$3.7M$14.2M5xas long as short