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+0.0309%/8h= +33.9% APRnext payment +$1.55 per $10,000 · paid last 24h +0.138%
Price spread now: BloFin against Bybit−0.150%112s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$740.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.450%+$45 on $10k
Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.150%, 7d avg −0.052%
Together, before fees+0.589%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.098% cheaper against Bybit than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of −0.052%). If the spread goes back, that is −$10 on $10k: about 25 hours of funding at the current rate (+$9 a day). The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.79100.0031pay 0.0015% / 4h15m 29s$41.5M$27.8M75x
ShortBloFin LIT-USDT4.78380.0340get 0.0170% / 4h15m 29s$1.6M$2.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$64.94
Price spread: −0.150% → −0.052%
−$9.82
Slippage, 4 orders
−$50.67
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$18.56
Costs to cover
0.737%
Break-even
9.0 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago1.04 bp20.4 bp −$2059.3 bp −$593doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.31 bp18.6 bp −$19doesn't fitdoesn'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
Deribit LIT_USDC-PERPETUAL−0.0612%1h4.7859−0.107%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0384%4h4.7870−0.083%$33K$1K10xas long as short
Coinbase International LIT-PERP-INTX−0.0344%1h4.7780−0.272%$605K$347K50xas long as short
01 Exchange LITUSD−0.0296%1h4.7899−0.023%$31K$3K5xas long as short
Bullet LIT-USD−0.0219%1h4.7870−0.083%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0160%4h4.7939+0.061%$25.8M$59.4M50xas long as short
GRVT LIT_USDT_Perp−0.0104%4h4.7820−0.188%$884K$2.0M10xas long as short
ApeX Omni LITUSDT−0.0061%1h4.7840−0.146%$57K$73K50xas long as short
dYdX LIT-USD0.0000%1h4.7960+0.105%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7900−0.020%$36K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDTlong+0.0031%4h4.7910long leg$41.5M$27.8M75x
Injective LIT/USDC PERP+0.0033%1h4.8040+0.271%$422$178K5.5xas long as short
Phoenix LIT+0.0050%1h4.7943+0.069%$206K$293K5xas long as short
RISEx LIT/USDC+0.0064%1h4.7929+0.040%$798K$2.3M5xas long as short
Paradex LIT-USD-PERP+0.0093%8h4.7902−0.017%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7979+0.144%$59.8M$26.8M5xas long as short
Nado LIT-PERP+0.0100%1h4.7885−0.052%$2.2M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7938+0.059%$820K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7903−0.015%$76.8M$73.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7930+0.042%$127K$446K5xas long as short
Gate LIT_USDT+0.0100%4h4.7920+0.021%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7893−0.035%$5.9M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7920+0.021%$5.5M$932K30xas long as short
Bitget LITUSDT+0.0100%4h4.7930+0.042%$6.8M$2.4M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7899−0.023%$683K$1.0M5xas long as short
edgeX LITUSDC+0.0100%4h4.7856−0.112%$293K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7902−0.017%$446K$86K10xas long as short
Derive LIT-PERP+0.0100%1h4.7879−0.065%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7839−0.148%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7874−0.075%$1K$332K5xas long as short
HTX LIT-USDT+0.0100%4h4.7863−0.098%$192K$312K30xas long as short
Phemex LITUSDT+0.0100%4h4.7840−0.146%$1.4M$2.7M20xas long as short
Bulk LIT-USD+0.0100%1h4.7777−0.278%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7908−0.004%$5.1M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7866−0.091%$150K3xas long as short
Hyperliquid LIT+0.0208%1h4.7963+0.111%$216.6M$38.8M5xas long as short
Lighter RH LIT+0.0248%1h4.8006+0.200%$3.7M$12.8M5xas long as short
Aster LITUSDT+0.0252%4h4.8002+0.193%$12.9M$2.0M50xas long as short
BloFin LIT-USDTshort+0.0340%4h4.7838−0.150%$1.6M$2.3M75x
Aftermath Perps LITUSD+0.0375%1h4.7868−0.087%$9K$203K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0426% / S −0.0217%1h4.7895−0.032%$64K50xas long as short
Perpl LIT+0.0447%43m4.7955+0.094%$32K$646K33xas long as short