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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0251%/8h= +27.5% APRnext payment +$1.25 per $10,000 · paid last 24h +0.064%
Price spread now: HTX against Bybit+0.390%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 3 days (all we have)−0.188%−$19 · spread now +0.390%, 7d avg +0.140%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and HTX is 0.250% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.140%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.160% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.25 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 LITUSDT4.7650−0.0151get 0.0075% / 4h43m 48s$43.0M$30.0M75x
ShortHTX LIT-USDT4.78360.0100get 0.0050% / 4h43m 48s$191K$329K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$52.69
Price spread: +0.390% → +0.140%
$24.99
Slippage, 4 orders
−$77.26
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$22.59
Costs to cover
1.003%
Break-even
10.0 days
Slippage from Bybit: live order book, 5 min ago; HTX: live order book, 34 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, 5 min ago1.05 bp22.1 bp −$2259.9 bp −$599doesn't fitdoesn't fit
Sell HTX live order book, 34 min ago18.91 bp28.3 bp −$28152.7 bp −$1,527doesn'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
Gate LIT_USDT−0.0914%4h4.7760+0.231%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0804%1h4.7747+0.204%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0610%4h4.7702+0.109%$33K$2K10xas long as short
01 Exchange LITUSD−0.0520%1h4.7712+0.130%$33K$4K5xas long as short
Phemex LITUSDT−0.0457%4h4.7740+0.189%$1.4M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0447%4h4.7638−0.025%$25.9M$64.0M50xas long as short
Bullet LIT-USD−0.0283%1h4.7754+0.218%$86K$81K20xas long as short
KuCoin LITUSDTM−0.0240%4h4.7753+0.216%$5.3M$1.1M30xas long as short
Bybit LITUSDTlong−0.0151%4h4.7650long leg$43.0M$30.0M75x
Coinbase International LIT-PERP-INTX−0.0120%1h4.7920+0.566%$678K$405K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0112%4h4.7739+0.186%$907K$1.8M10xas long as short
Phoenix LIT−0.0050%1h4.7853+0.426%$208K$353K5xas long as short
dYdX LIT-USD0.0000%1h4.7802+0.319%$34K5xas long as short
Perpl LIT0.0000%43m4.7784+0.282%$32K$840K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7814+0.344%$35K150xas long as short
RISEx LIT/USDC+0.0012%1h4.7808+0.331%$823K$2.1M5xas long as short
Paradex LIT-USD-PERP+0.0012%8h4.7725+0.156%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.818%$422$178K5.5xas long as short
edgeX LITUSDC+0.0069%4h4.7751+0.212%$291K$311K10xas long as short
Aftermath Perps LITUSD+0.0071%1h4.7820+0.357%$13K$203K10xas long as short
MEXC LIT_USDT+0.0074%4h4.7717+0.141%$5.6M$4.1M100xas long as short
Binance LITUSDT+0.0075%4h4.7640−0.022%$75.9M$81.4M75xas long as short
Aevo LIT-PERP+0.0080%1h4.7759+0.228%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7802+0.319%$60.2M$29.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7735+0.178%$2.2M$1.7M10xas long as short
Aster LITUSDT+0.0100%4h4.7788+0.289%$12.8M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7787+0.287%$604K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7789+0.292%$121K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7741+0.192%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7730+0.168%$6.8M$2.8M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7775+0.262%$678K$1.4M5xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7720+0.147%$56K$77K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7790+0.294%$451K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.7790+0.293%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7762+0.235%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7750+0.210%$1K$466K5xas long as short
HTX LIT-USDTshort+0.0100%4h4.7836+0.390%$191K$329K30x
Extended LIT-USD+0.0104%1h4.7699+0.104%$5.3M$5.1M25xas long as short
Lighter RH LIT+0.0160%1h4.7825+0.367%$3.7M$13.8M5xas long as short
Hyperliquid LIT+0.0227%1h4.7827+0.371%$214.5M$44.8M5xas long as short
BloFin LIT-USDT+0.0301%4h4.7791+0.296%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0378% / S −0.0169%1h4.7791+0.297%$63K50xas long as short