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

LIT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0227%/8h= −24.9% APRpaid last 24h −0.029%
Price spread now: GRVT against Paradex−0.092%51s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · GRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.092% cheaper against Paradex than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex LIT-USD-PERP4.7137−0.0031get 0.0031% / 8h2h 02m$6K$2K5x
ShortGRVT LIT_USDT_Perp4.7093−0.0258pay 0.0129% / 4h2h 02m$894K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Paradex. 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
−$47.69
Price spread: −0.092% → 0.000%
−$9.24
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$69.93
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 1 min ago. 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 Paradex no order-book sample
Sell GRVT live order book, 1 min ago1.06 bp15.6 bp −$1632.5 bp −$325doesn't fitdoesn't fit
Paradex: 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−0.1181%1h4.7169+0.068%$41K$40K10xas long as short
Gate LIT_USDT−0.0782%4h4.7170+0.070%$2.8M$4.6M50xas long as short
Orderly PERP_LIT_USDC−0.0623%4h4.7116−0.044%$32K$2K10xas long as short
01 Exchange LITUSD−0.0600%1h4.7091−0.097%$33K$4K5xas long as short
Phemex LITUSDT−0.0594%4h4.7140+0.007%$1.3M$2.8M20xas long as short
OKX LIT-USDT-SWAP−0.0380%4h4.7146+0.019%$25.1M$62.0M50xas long as short
Bullet LIT-USD−0.0361%1h4.7223+0.183%$85K$81K20xas long as short
Bybit LITUSDT−0.0317%4h4.7160+0.049%$42.6M$30.8M75xas long as short
KuCoin LITUSDTM−0.0308%4h4.7198+0.130%$5.2M$1.1M30xas long as short
Backpack LIT_USDC_PERP−0.0299%1h4.7210+0.155%$663K$1.5M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perpshort−0.0258%4h4.7093−0.092%$894K$1.9M10x
Aftermath Perps LITUSD−0.0196%1h4.7231+0.200%$10K$202K10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.240%$660K$404K50xas long as short
SoDEX LIT-USD−0.0052%1h4.7165+0.060%$1K$487K5xas long as short
Phoenix LIT−0.0050%1h4.7150+0.028%$245K$321K5xas long as short
Paradex LIT-USD-PERPlong−0.0031%8h4.7137long leg$6K$2K5x
Nado LIT-PERP−0.0002%1h4.7146+0.018%$2.1M$1.7M10xas long as short
dYdX LIT-USD0.0000%1h4.7187+0.107%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7210+0.155%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7194+0.121%$756K$2.1M5xas long as short
Polymarket Perps LIT-USD+0.0021%1h4.7170+0.070%$445K$105K10xas long as short
MEXC LIT_USDT+0.0026%4h4.7149+0.026%$5.8M$4.3M100xas long as short
Binance LITUSDT+0.0028%4h4.7126−0.024%$74.7M$81.7M75xas long as short
edgeX LITUSDC+0.0032%4h4.7110−0.057%$287K$311K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.916%$422$178K5.5xas long as short
Aevo LIT-PERP+0.0048%1h4.7126−0.023%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7227+0.191%$59.3M$30.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7243+0.225%$210.6M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7224+0.185%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7180+0.091%$582K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7161+0.051%$116K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.7374+0.503%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7180+0.091%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7130−0.015%$55K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7212+0.158%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7207+0.149%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7177+0.085%$189K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7129−0.017%$5.2M$5.2M25xas long as short
BloFin LIT-USDT+0.0111%4h4.7170+0.070%$1.5M$2.1M75xas long as short
Perpl LIT+0.0112%43m4.7228+0.194%$31K$843K33xas long as short
GMX LIT/USD [ETH-USDC]L +0.0357% / S −0.0155%1h4.7210+0.156%$59K50xas long as short
Lighter RH LIT+0.0416%1h4.7250+0.240%$3.7M$14.3M5xas long as short