Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0132%/8hpaid last 24h +0.043%

Price spread now: GMX against Bitget−0.052%54s7-day average — · you buy dearer than you sell

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

Long on Bitget Short on GMX

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—needs both histories

Funding pays, the price is against you. GMX is 0.052% cheaper against Bitget than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 31 hours of funding at the current rate (+$4 a day). The two prices were read 54 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	Bitget LITUSDT	4.8030	0.0100	pay 0.0050% / 4h	6m 28s	$6.9M	$2.6M	20x
Short	GMX LIT/USD [ETH-USDC]	4.8005	L +0.0429% / S −0.0232%	get 0.0029% / 1h	6m 28s	$60K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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 BitgetbpFee GMXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $27.76
Price spread: −0.052% → 0.000%: −$5.17
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1.4
Costs to cover: 0.240%
Break-even: 7.4 days

Slippage unknown: Bitget: live order book, 1 min ago; GMX: 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 Bitget live order book, 1 min ago	3.13 bp	24.3 bp −$24	51.3 bp −$513	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
01 Exchange LITUSD	−0.0640%	1h	4.7966	−0.133%	$33K	$5K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0618%	1h	4.7980	−0.104%	$33K	$22K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0485%	4h	4.7897	−0.277%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0451%	4h	4.7930	−0.208%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0447%	1h	4.7993	−0.076%	$87K	$79K	20x	as long as short
Bybit LITUSDT	−0.0335%	4h	4.8022	−0.017%	$43.7M	$29.7M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0284%	4h	4.8004	−0.054%	$25.6M	$60.5M	50x	as long as short
KuCoin LITUSDTM	−0.0244%	4h	4.7968	−0.129%	$5.3M	$1.1M	30x	as long as short
ApeX Omni LITUSDT	−0.0200%	1h	4.7920	−0.229%	$59K	$79K	50x	as long as short
SoDEX LIT-USD	−0.0194%	1h	4.7982	−0.100%	$994	$478K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0154%	4h	4.8000	−0.062%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.7963	−0.139%	$247K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	+0.019%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7899	−0.272%	$898K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0010%	8h	4.7927	−0.214%	$5K	$1K	5x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.8010	−0.043%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8006	−0.051%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.562%	$419	$125K	5.5x	as long as short
Bulk LIT-USD	+0.0046%	1h	4.7925	−0.219%	$121K	$7K	10x	as long as short
RISEx LIT/USDC	+0.0061%	1h	4.8025	−0.010%	$834K	$2.0M	5x	as long as short
Aftermath Perps LITUSD	+0.0080%	1h	4.7962	−0.141%	$11K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.8050	+0.042%	$59.9M	$29.7M	5x	as long as short
Nado LIT-PERP	+0.0098%	1h	4.7990	−0.083%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8039	+0.019%	$213.1M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8037	+0.015%	$599K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7977	−0.111%	$75.4M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7985	−0.094%	$118K	$452K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7978	−0.108%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.8030	long leg	$6.9M	$2.6M	20x
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7997	−0.069%	$671K	$1.5M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7913	−0.243%	$292K	$313K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8021	−0.019%	$453K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8018	−0.024%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7883	−0.306%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7924	−0.221%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7996	−0.070%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7866	−0.341%	$150K	$44K	3x	as long as short
Aster LITUSDT	+0.0160%	4h	4.8057	+0.056%	$12.8M	$2.6M	50x	as long as short
Lighter RH LIT	+0.0184%	1h	4.8065	+0.073%	$3.8M	$13.9M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7956	−0.154%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0429% / S −0.0232%	1h	4.8005	−0.052%	$60K	—	50x
Perpl LIT	+0.0447%	43m	4.8034	+0.007%	$32K	$856K	33x	as long as short