Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0483%/8h= +52.9% APRpaid last 24h +0.115%

Price spread now: ApeX Omni against Orderly−0.473%70s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.473% cheaper against Orderly than usual: you would sell low and buy high (spread −0.473% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$47 on $10k: about 3.3 days of funding at the current rate (+$14 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_LIT_USDC	4.7595	−0.0511	get 0.0255% / 4h	3h 40m	$33K	$2K	10x
Short	ApeX Omni LITUSDT	4.7370	−0.0028	pay 0.0003% / 1h	40m 14s	$56K	$77K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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 OrderlybpFee ApeX OmnibpOrdersPrice spread, now −0.473%Rate

Funding earned: $101.38
Price spread: −0.473% → 0.000%: −$47.27
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $38.1
Costs to cover: 0.160%
Break-even: 4.4 days

Slippage unknown: Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell ApeX Omni no order-book sample	—	—	—	—	—

Orderly 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0878%	1h	4.7632	+0.078%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDClong	−0.0511%	4h	4.7595	long leg	$33K	$2K	10x
01 Exchange LITUSD	−0.0392%	1h	4.7596	+0.002%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0323%	1h	4.7624	+0.060%	$85K	$77K	20x	as long as short
Gate LIT_USDT	−0.0322%	4h	4.7660	+0.137%	$2.8M	$4.4M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0240%	4h	4.7669	+0.155%	$25.9M	$64.4M	50x	as long as short
KuCoin LITUSDTM	−0.0140%	4h	4.7644	+0.103%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7653	+0.121%	$674K	$404K	50x	as long as short
Phemex LITUSDT	−0.0056%	4h	4.7620	+0.053%	$1.4M	$2.7M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.7328	−0.561%	$205K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDTshort	−0.0028%	1h	4.7370	−0.473%	$56K	$77K	50x
Perpl LIT	0.0000%	43m	4.7672	+0.163%	$32K	$860K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7681	+0.180%	$35K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7652	+0.121%	$34K	—	5x	as long as short
Nado LIT-PERP	+0.0017%	1h	4.7635	+0.084%	$2.2M	$1.7M	10x	as long as short
Backpack LIT_USDC_PERP	+0.0022%	1h	4.7680	+0.179%	$687K	$1.4M	5x	as long as short
GRVT LIT_USDT_Perp	+0.0030%	4h	4.7520	−0.158%	$913K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.935%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0043%	8h	4.7633	+0.079%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7709	+0.240%	$59.7M	$29.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7700	+0.221%	$12.8M	$2.3M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7666	+0.149%	$592K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7628	+0.069%	$76.0M	$81.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7642	+0.099%	$42.9M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7639	+0.092%	$118K	$455K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7141	−0.954%	$118K	$1K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7623	+0.059%	$5.7M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7690	+0.200%	$6.8M	$2.8M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7434	−0.339%	$289K	$307K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7644	+0.103%	$450K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7686	+0.191%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7581	−0.029%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7648	+0.111%	$997	$463K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7686	+0.191%	$190K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7625	+0.063%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7650	+0.116%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7657	+0.131%	$813K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0152%	1h	4.7726	+0.275%	$3.7M	$13.7M	5x	as long as short
Hyperliquid LIT	+0.0240%	1h	4.7757	+0.340%	$214.2M	$45.1M	5x	as long as short
Aftermath Perps LITUSD	+0.0339%	1h	4.7496	−0.208%	$10K	$205K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7622	+0.057%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0394% / S −0.0182%	1h	4.7671	+0.160%	$64K	—	50x	as long as short