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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1328%/8h= −145.4% APRnext payment $1.66 per $10,000 · paid last 24h −0.199%
Price spread now: Deribit against Bulk−0.034%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Deribit is 0.034% cheaper against Bulk than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk LIT-USD4.74540.0100pay 0.0013% / 1h12m 02s$119K$6K10x
ShortDeribit LIT_USDC-PERPETUAL4.7438−0.1228pay 0.0153% / 1h12m 02s$42K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Bulk. 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
−$278.8
Price spread: −0.034% → 0.000%
−$3.37
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$296.18
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Bulk: live order book, 12 min ago; Deribit: 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 Bulk live order book, 12 min ago0.74 bp4.6 bp −$524.3 bp −$24383.9 bp −$8,394doesn't fit
Sell Deribit no order-book sample
Deribit: 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-PERPETUALshort−0.1228%1h4.7438−0.034%$42K$40K10x
Orderly PERP_LIT_USDC−0.0615%4h4.7384−0.148%$32K$2K10xas long as short
Phemex LITUSDT−0.0603%4h4.7420−0.072%$1.3M$2.7M20xas long as short
01 Exchange LITUSD−0.0568%1h4.7375−0.166%$33K$4K5xas long as short
Gate LIT_USDT−0.0566%4h4.7470+0.034%$2.8M$4.5M50xas long as short
Bullet LIT-USD−0.0356%1h4.7441−0.027%$85K$81K20xas long as short
OKX LIT-USDT-SWAP−0.0345%4h4.7408−0.097%$25.1M$62.1M50xas long as short
Bybit LITUSDT−0.0302%4h4.7420−0.072%$42.9M$30.7M75xas long as short
KuCoin LITUSDTM−0.0288%4h4.7525+0.150%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582+0.270%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0236%1h4.7471+0.036%$667K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.563%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0096%1h4.7553+0.208%$12K$199K10xas long as short
SoDEX LIT-USD−0.0054%1h4.7445−0.019%$1K$487K5xas long as short
Phoenix LIT−0.0050%1h4.7633+0.377%$247K$321K5xas long as short
Paradex LIT-USD-PERP−0.0021%8h4.7419−0.074%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7559+0.220%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7496+0.088%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7486+0.068%$817K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0018%1h4.7456+0.004%$448K$105K10xas long as short
Nado LIT-PERP+0.0018%1h4.7459+0.012%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.235%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0042%4h4.7413−0.086%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0044%4h4.7372−0.173%$75.0M$81.5M75xas long as short
edgeX LITUSDC+0.0046%4h4.7585+0.276%$289K$312K10xas long as short
Aevo LIT-PERP+0.0056%1h4.7416−0.080%$148K$44K3xas long as short
Lighter LIT+0.0096%1h4.7521+0.141%$59.6M$30.2M5xas long as short
Hyperliquid LIT+0.0100%1h4.7501+0.099%$211.7M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7498+0.093%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7497+0.091%$586K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7462+0.017%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7480+0.055%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7600+0.308%$56K$78K50xas long as short
Derive LIT-PERP+0.0100%1h4.7491+0.078%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7467+0.027%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7572+0.249%$190K$329K30xas long as short
Bulk LIT-USDlong+0.0100%1h4.7454long leg$119K$6K10x
Extended LIT-USD+0.0104%1h4.7396−0.122%$5.2M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7488+0.071%$31K$842K33xas long as short
BloFin LIT-USDT+0.0176%4h4.7518+0.135%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7492+0.081%$60K50xas long as short
Lighter RH LIT+0.0424%1h4.7550+0.202%$3.7M$14.2M5xas long as short