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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:36 UTC−0.0078%/8h= −8.6% APRpaid last 24h −0.053%
Price spread now: Injective against Perpl+0.899%7-day average −10.783% · you sell dearer than you buy
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−0.002%$0 on $10k
Price spread, last 3 days (all we have)−16.240%−$1,624 · spread now +0.899%, 7d avg −10.783%
Together, before fees−16.242%+ Points / potential airdropPerpl: Active · farm board−$1,624 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 11.682% dearer against Perpl than usual: you sell high and buy low (spread +0.899% now, against its 7-day average of −10.783%): +$1,168 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 months. At the pace of the last 7 days (−0.002% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl LIT4.76120.0112pay 0.0010% / 43m2m 37s$31K$842K33x
ShortInjective LIT/USDC PERP4.80400.0033get 0.0004% / 1h58m 37s$422$178K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Perpl. 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
−$16.44
Price spread: +0.899% → −10.783%
$1,168.24
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$1,137.98
Costs to cover
0.138%
Break-even
from the start
Slippage unknown: Perpl: no order-book sample; Injective: 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 Perpl no order-book sample
Sell Injective no order-book sample
Perpl and Injective: 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
Polymarket Perps LIT-USD−0.0986%1h4.7644+0.067%$450K$104K10xas long as short
Deribit LIT_USDC-PERPETUAL−0.0973%1h4.7616+0.008%$42K$40K10xas long as short
01 Exchange LITUSD−0.0728%1h4.7500−0.235%$33K$4K5xas long as short
Bullet LIT-USD−0.0659%1h4.7586−0.055%$86K$81K20xas long as short
Orderly PERP_LIT_USDC−0.0562%4h4.7569−0.090%$33K$2K10xas long as short
Phemex LITUSDT−0.0479%4h4.7620+0.017%$1.3M$2.7M20xas long as short
KuCoin LITUSDTM−0.0324%4h4.7662+0.105%$5.3M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0285%4h4.7584−0.059%$25.3M$60.8M50xas long as short
GRVT LIT_USDT_Perp−0.0274%4h4.7640+0.058%$898K$1.9M10xas long as short
Bybit LITUSDT−0.0263%4h4.7594−0.038%$43.0M$30.1M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LIT_USDT−0.0250%4h4.7630+0.038%$2.8M$4.5M50xas long as short
ApeX Omni LITUSDT−0.0246%1h4.7690+0.164%$56K$79K50xas long as short
SoDEX LIT-USD−0.0202%1h4.7630+0.038%$987$474K5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.8452+1.765%$668K$408K50xas long as short
Phoenix LIT−0.0067%1h4.7770+0.332%$247K$317K5xas long as short
Paradex LIT-USD-PERP−0.0021%8h4.7558−0.114%$5K$1K5xas long as short
dYdX LIT-USD0.0000%1h4.7640+0.059%$34K5xas long as short
Extended LIT-USD0.0000%1h4.7570−0.089%$5.3M$5.2M25xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7645+0.070%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7610−0.004%$817K$2.0M5xas long as short
Injective LIT/USDC PERPshort+0.0033%1h4.8040+0.899%$422$178K5.5x
Backpack LIT_USDC_PERP+0.0045%1h4.7678+0.139%$669K$1.5M5xas long as short
Binance LITUSDT+0.0060%4h4.7563−0.103%$75.1M$80.7M75xas long as short
MEXC LIT_USDT+0.0060%4h4.7574−0.080%$6.0M$4.2M100xas long as short
Aevo LIT-PERP+0.0072%1h4.7606−0.013%$149K$44K3xas long as short
edgeX LITUSDC+0.0073%4h4.7688+0.160%$290K$312K10xas long as short
Bulk LIT-USD+0.0088%1h4.7627+0.032%$119K$7K10xas long as short
Nado LIT-PERP+0.0100%1h4.7585−0.057%$2.1M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7626+0.029%$211.6M$44.4M5xas long as short
Aster LITUSDT+0.0100%4h4.7658+0.098%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7622+0.021%$597K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7601−0.023%$118K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7610−0.004%$6.7M$2.7M20xas long as short
Derive LIT-PERP+0.0100%1h4.7662+0.104%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7704+0.193%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7750+0.290%$190K$324K30xas long as short
Perpl LITlong+0.0112%43m4.7612long leg$31K$842K33x
Aftermath Perps LITUSD+0.0136%1h4.7831+0.459%$11K$199K10xas long as short
Lighter LIT+0.0176%1h4.7663+0.107%$59.8M$29.5M5xas long as short
Lighter RH LIT+0.0216%1h4.7691+0.166%$3.7M$14.0M5xas long as short
BloFin LIT-USDT+0.0246%4h4.7590−0.046%$1.6M$2.0M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0388% / S −0.0190%1h4.7648+0.076%$60K50xas long as short