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+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.024%
Price spread now: Bybit against OKX+0.065%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.111%+$11 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.065%, 7d avg −0.003%
Together, before fees+0.039%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.069% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX LIT-USDT-SWAP4.7429−0.0288get 0.0144% / 4h2h 56m$25.2M$60.6M50x
ShortBybit LITUSDT4.7460−0.0238pay 0.0119% / 4h2h 56m$42.9M$30.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
$10.46
Price spread: +0.065% → −0.003%
$6.87
Slippage, 4 orders
−$39.93
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$43.6
Costs to cover
0.609%
Break-even
36.2 days
Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 3 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 OKX live order book, 3 min ago0.53 bp9.1 bp −$928.9 bp −$289doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago2.10 bp18.6 bp −$1945.0 bp −$450294.6 bp −$29.5Kdoesn'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−0.0855%1h4.7472+0.090%$42K$40K10xas long as short
01 Exchange LITUSD−0.0744%1h4.7443+0.030%$33K$4K5xas long as short
Orderly PERP_LIT_USDC−0.0563%4h4.7428−0.002%$32K$2K10xas long as short
Phemex LITUSDT−0.0470%4h4.7450+0.044%$1.3M$2.7M20xas long as short
Backpack LIT_USDC_PERP−0.0457%1h4.7496+0.141%$667K$1.5M5xas long as short
Bullet LIT-USD−0.0367%1h4.7480+0.108%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0326%4h4.7470+0.086%$5.3M$1.1M30xas long as short
OKX LIT-USDT-SWAPlong−0.0288%4h4.7429long leg$25.2M$60.6M50x
Gate LIT_USDT−0.0270%4h4.7500+0.150%$2.8M$4.5M50xas long as short
GRVT LIT_USDT_Perp−0.0262%4h4.7620+0.403%$902K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDTshort−0.0238%4h4.7460+0.065%$42.9M$30.1M75x
ApeX Omni LITUSDT−0.0230%1h4.7610+0.382%$56K$78K50xas long as short
SoDEX LIT-USD−0.0229%1h4.7475+0.097%$984$473K5xas long as short
Nado LIT-PERP−0.0161%1h4.7534+0.222%$2.1M$1.7M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.8452+2.157%$668K$408K50xas long as short
Phoenix LIT−0.0067%1h4.7677+0.523%$246K$321K5xas long as short
Polymarket Perps LIT-USD−0.0038%1h4.7518+0.188%$449K$104K10xas long as short
Extended LIT-USD−0.0032%1h4.7469+0.085%$5.3M$5.2M25xas long as short
Paradex LIT-USD-PERP−0.0019%8h4.7489+0.128%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7600+0.361%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7525+0.202%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7548+0.250%$816K$2.0M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.288%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0056%4h4.7431+0.004%$5.9M$4.2M100xas long as short
Binance LITUSDT+0.0056%4h4.7432+0.006%$74.9M$80.7M75xas long as short
edgeX LITUSDC+0.0066%4h4.7648+0.462%$290K$310K10xas long as short
Aevo LIT-PERP+0.0072%1h4.7458+0.061%$148K$44K3xas long as short
Bulk LIT-USD+0.0088%1h4.7627+0.417%$119K$7K10xas long as short
Hyperliquid LIT+0.0100%1h4.7487+0.122%$211.0M$44.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7534+0.221%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7571+0.299%$597K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7513+0.177%$118K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7470+0.086%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7514+0.180%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7545+0.245%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7680+0.529%$190K$331K30xas long as short
Perpl LIT+0.0112%43m4.7535+0.224%$31K$843K33xas long as short
Lighter LIT+0.0128%1h4.7564+0.285%$59.6M$29.5M5xas long as short
Lighter RH LIT+0.0144%1h4.7566+0.289%$3.7M$14.0M5xas long as short
Aftermath Perps LITUSD+0.0151%1h4.7719+0.612%$11K$198K10xas long as short
BloFin LIT-USDT+0.0224%4h4.7493+0.135%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7520+0.192%$60K50xas long as short