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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0429%/8h= +47.0% APRnext payment +$2.14 per $10,000 · paid last 24h +0.065%
Price spread now: Bitget against Bybit+0.085%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.754% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.092%+$9 on $10k
Price spread, last 7 days−0.100%−$10 · spread now +0.085%, 7d avg +0.024%
Together, before fees−0.008%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bitget is 0.060% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.024%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.092% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.7260−0.0329get 0.0164% / 4h3h 54m$41.4M$28.9M75x
ShortBitget LITUSDT4.73000.0100get 0.0050% / 4h3h 54m$6.8M$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$90.05
Price spread: +0.085% → +0.024%
$6.02
Slippage, 4 orders
−$52.38
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
$20.69
Costs to cover
0.754%
Break-even
5.4 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.06 bp17.6 bp −$1857.2 bp −$572doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago3.19 bp20.0 bp −$20107.5 bp −$1,075doesn't fitdoesn't fit

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
ApeX Omni LITUSDT−0.0659%1h4.7030−0.487%$56K$76K50xas long as short
Nado LIT-PERP−0.0658%1h4.7004−0.543%$2.2M$1.7M10xas long as short
Orderly PERP_LIT_USDC−0.0390%4h4.7017−0.514%$32K$1K10xas long as short
01 Exchange LITUSD−0.0368%1h4.6966−0.622%$33K$3K5xas long as short
Backpack LIT_USDC_PERP−0.0332%1h4.7136−0.262%$662K$1.4M5xas long as short
Bybit LITUSDTlong−0.0329%4h4.7260long leg$41.4M$28.9M75x
Coinbase International LIT-PERP-INTX−0.0304%1h4.6904−0.753%$613K$352K50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0262%1h4.7091−0.359%$41K$40K10xas long as short
Phemex LITUSDT−0.0246%4h4.7080−0.381%$1.4M$2.8M20xas long as short
Bullet LIT-USD−0.0225%1h4.7047−0.451%$84K$68K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0126%4h4.6975−0.603%$904K$1.7M10xas long as short
Phoenix LIT−0.0034%1h4.7003−0.544%$202K$299K5xas long as short
OKX LIT-USDT-SWAP−0.0010%4h4.72600.000%$25.4M$61.6M50xas long as short
RISEx LIT/USDC−0.0008%1h4.7247−0.027%$807K$2.2M5xas long as short
dYdX LIT-USD0.0000%1h4.7291+0.067%$34K5xas long as short
KuCoin LITUSDTM+0.0002%4h4.7199−0.129%$5.3M$1.0M30xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7090−0.360%$11K150xas long as short
Aftermath Perps LITUSD+0.0032%1h4.7059−0.425%$10K$204K10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.650%$422$178K5.5xas long as short
Extended LIT-USD+0.0040%1h4.7242−0.039%$5.2M$5.0M25xas long as short
Paradex LIT-USD-PERP+0.0070%8h4.7234−0.055%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7283+0.049%$58.9M$28.0M5xas long as short
Hyperliquid LIT+0.0100%1h4.7269+0.019%$211.0M$42.0M5xas long as short
Pacifica LIT+0.0100%1h4.7247−0.027%$577K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7235−0.054%$75.7M$79.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.7237−0.049%$118K$451K5xas long as short
Gate LIT_USDT+0.0100%4h4.7210−0.106%$2.7M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7240−0.042%$5.7M$3.8M100xas long as short
Bitget LITUSDTshort+0.0100%4h4.7300+0.085%$6.8M$2.6M20x
edgeX LITUSDC+0.0100%4h4.6995−0.561%$287K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7042−0.461%$440K$109K10xas long as short
Derive LIT-PERP+0.0100%1h4.7111−0.315%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6991−0.569%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7100−0.339%$1K$385K5xas long as short
HTX LIT-USDT+0.0100%4h4.6909−0.743%$198K$360K30xas long as short
Bulk LIT-USD+0.0100%1h4.7192−0.145%$118K$8K10xas long as short
Aevo LIT-PERP+0.0104%1h4.7052−0.439%$147K3xas long as short
Perpl LIT+0.0112%43m4.7038−0.469%$31K$760K33xas long as short
Aster LITUSDT+0.0232%4h4.7147−0.240%$12.6M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7102−0.334%$1.6M$1.9M75xas long as short
Lighter RH LIT+0.0376%1h4.7301+0.087%$3.8M$13.1M5xas long as short
GMX LIT/USD [ETH-USDC]L +0.0435% / S −0.0231%1h4.7102−0.334%$65K50xas long as short