Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Derive against Pacifica+0.121%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.121% dearer against Pacifica than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica LIT	4.8098	0.0100	pay 0.0013% / 1h	11m 37s	$603K	$1.8M	10x
Short	Derive LIT-PERP	4.8156	0.0100	get 0.0013% / 1h	11m 37s	$2K	$1K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Pacifica. 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 PacificabpFee DerivebpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → 0.000%: $12.14
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$1.86
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 2 min ago; Derive: 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 Pacifica live order book, 2 min ago	1.97 bp	6.9 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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	−0.0879%	1h	4.8112	+0.029%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0600%	1h	4.7975	−0.256%	$33K	$5K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0555%	4h	4.8048	−0.104%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0476%	4h	4.8070	−0.058%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0433%	1h	4.8073	−0.052%	$87K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0298%	4h	4.8099	+0.002%	$5.4M	$1.1M	30x	as long as short
GRVT LIT_USDT_Perp	−0.0276%	4h	4.8055	−0.090%	$906K	$1.9M	10x	as long as short
ApeX Omni LITUSDT	−0.0257%	1h	4.8070	−0.058%	$56K	$81K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0251%	4h	4.8021	−0.160%	$25.6M	$60.9M	50x	as long as short
SoDEX LIT-USD	−0.0210%	1h	4.8105	+0.015%	$997	$474K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0133%	4h	4.8030	−0.141%	$43.5M	$30.0M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0112%	1h	4.8452	+0.736%	$668K	$408K	50x	as long as short
Gate LIT_USDT	−0.0082%	4h	4.8070	−0.058%	$2.9M	$4.5M	50x	as long as short
Phoenix LIT	−0.0067%	1h	4.8373	+0.572%	$251K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0015%	8h	4.7990	−0.224%	$5K	$1K	5x	as long as short
Injective LIT/USDC PERP	−0.0004%	1h	4.8040	−0.121%	$422	$178K	5.5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8081	−0.036%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8143	+0.094%	$36K	—	150x	as long as short
RISEx LIT/USDC	+0.0014%	1h	4.8066	−0.067%	$825K	$2.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0064%	1h	4.8234	+0.283%	$11K	$199K	10x	as long as short
MEXC LIT_USDT	+0.0078%	4h	4.8046	−0.108%	$6.1M	$4.2M	100x	as long as short
Binance LITUSDT	+0.0080%	4h	4.8009	−0.185%	$75.8M	$80.6M	75x	as long as short
edgeX LITUSDC	+0.0080%	4h	4.8105	+0.014%	$293K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0088%	1h	4.8108	+0.021%	$150K	$44K	3x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8095	−0.005%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8130	+0.067%	$213.9M	$44.7M	5x	as long as short
Pacifica LITlong	+0.0100%	1h	4.8098	long leg	$603K	$1.8M	10x
Arcus LIT-USD	+0.0100%	1h	4.8041	−0.119%	$119K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8064	−0.071%	$120K	$7K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8110	+0.025%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8149	+0.106%	$674K	$1.5M	5x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8112	+0.029%	$454K	$104K	10x	as long as short
Derive LIT-PERPshort	+0.0100%	1h	4.8156	+0.121%	$2K	$1K	6.7x
SunX LIT-USDT	+0.0100%	4h	4.8083	−0.031%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8119	+0.044%	$191K	$324K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8018	−0.165%	$5.3M	$5.2M	25x	as long as short
Perpl LIT	+0.0112%	43m	4.8146	+0.100%	$32K	$841K	33x	as long as short
Aster LITUSDT	+0.0139%	4h	4.8118	+0.042%	$12.9M	$2.5M	50x	as long as short
BloFin LIT-USDT	+0.0320%	4h	4.8054	−0.091%	$1.6M	$2.0M	75x	as long as short
Lighter LIT	+0.0320%	1h	4.8135	+0.077%	$60.3M	$29.8M	5x	as long as short
Lighter RH LIT	+0.0352%	1h	4.8168	+0.146%	$3.8M	$14.0M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0428% / S −0.0232%	1h	4.8140	+0.087%	$60K	—	50x	as long as short