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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.024%
Price spread now: ApeX Omni against Injective−2.227%108s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 2.227% cheaper against Injective than usual: you would sell low and buy high (spread −2.227% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$223 on $10k: about 5 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.009% in total) that is about years. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LIT/USDC PERP4.80400.0033pay 0.0004% / 1h27m 32s$422$178K5.5x
ShortApeX Omni LITUSDT4.69700.0083get 0.0010% / 1h27m 32s$56K$76K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
$10.4
Price spread: −2.227% → 0.000%
−$222.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$222.35
Costs to cover
0.100%
Break-even
156.6 days
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUAL−0.0462%1h4.6879−2.417%$41K$40K10xas long as short
01 Exchange LITUSD−0.0440%1h4.6900−2.373%$33K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0388%4h4.6850−2.477%$32K$1K10xas long as short
Bullet LIT-USD−0.0275%1h4.6891−2.391%$84K$68K20xas long as short
Gate LIT_USDT−0.0196%4h4.6940−2.290%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848−2.482%$612K$398K50xas long as short
Extended LIT-USD−0.0088%1h4.6923−2.325%$5.1M$5.0M25xas long as short
Bybit LITUSDT−0.0073%4h4.6912−2.348%$41.3M$28.9M75xas long as short
Phemex LITUSDT−0.0064%4h4.6880−2.415%$1.4M$2.8M20xas long as short
Phoenix LIT−0.0034%1h4.6885−2.404%$202K$305K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0022%1h4.6943−2.284%$656K$1.4M5xas long as short
dYdX LIT-USD0.0000%1h4.6962−2.245%$34K5xas long as short
OKX LIT-USDT-SWAP+0.0001%4h4.6905−2.363%$25.2M$61.4M50xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6934−2.303%$11K150xas long as short
KuCoin LITUSDTM+0.0006%4h4.6950−2.269%$5.2M$1.0M30xas long as short
Injective LIT/USDC PERPlong+0.0033%1h4.8040long leg$422$178K5.5x
Nado LIT-PERP+0.0051%1h4.6935−2.300%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0065%1h4.6904−2.365%$438K$109K10xas long as short
Paradex LIT-USD-PERP+0.0071%8h4.6925−2.321%$6K$2K5xas long as short
RISEx LIT/USDC+0.0073%1h4.6943−2.283%$794K$2.1M5xas long as short
ApeX Omni LITUSDTshort+0.0083%1h4.6970−2.227%$56K$76K50x
Lighter LIT+0.0096%1h4.6991−2.184%$58.5M$28.8M5xas long as short
Lighter RH LIT+0.0096%1h4.6993−2.179%$3.6M$13.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.6975−2.216%$210.2M$42.3M5xas long as short
Pacifica LIT+0.0100%1h4.6968−2.231%$592K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6917−2.338%$75.0M$79.5M75xas long as short
Arcus LIT-USD+0.0100%1h4.6948−2.273%$115K$456K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6877−2.421%$5.6M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6940−2.290%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6855−2.466%$287K$306K10xas long as short
GRVT LIT_USDT_Perp+0.0100%4h4.6887−2.400%$903K$1.8M10xas long as short
Derive LIT-PERP+0.0100%1h4.6908−2.357%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6921−2.329%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6885−2.404%$1K$387K5xas long as short
HTX LIT-USDT+0.0100%4h4.6973−2.221%$199K$387K30xas long as short
Bulk LIT-USD+0.0100%1h4.6576−3.047%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6896−2.382%$147K3xas long as short
Aster LITUSDT+0.0212%4h4.6988−2.190%$12.6M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0241%1h4.6865−2.447%$9K$207K10xas long as short
Perpl LIT+0.0335%43m4.6947−2.275%$31K$780K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6927−2.317%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0419% / S −0.0217%1h4.6914−2.345%$63K50xas long as short