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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0936%/8h= +102.5% APRnext payment +$1.17 per $10,000 · paid last 24h +0.253%
Price spread now: GMX against Deribit+0.102%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$28 a day on $10k at the current rate, and GMX is 0.102% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LIT_USDC-PERPETUAL4.7478−0.0752get 0.0094% / 1h29m 14s$42K$40K10x
ShortGMX LIT/USD [ETH-USDC]4.7527L +0.0395% / S −0.0185%get 0.0023% / 1h29m 14s$64K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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
$196.65
Price spread: +0.102% → 0.000%
$10.18
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$187.83
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: Deribit: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell GMX no order-book sample
Deribit and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit LIT_USDC-PERPETUALlong−0.0752%1h4.7478long leg$42K$40K10x
Orderly PERP_LIT_USDC−0.0514%4h4.7415−0.133%$32K$2K10xas long as short
01 Exchange LITUSD−0.0432%1h4.7524+0.096%$33K$4K5xas long as short
Bullet LIT-USD−0.0365%1h4.7498+0.042%$85K$75K20xas long as short
ApeX Omni LITUSDT−0.0212%1h4.7590+0.235%$57K$77K50xas long as short
OKX LIT-USDT-SWAP−0.0210%4h4.7482+0.008%$25.8M$64.0M50xas long as short
KuCoin LITUSDTM−0.0144%4h4.7473−0.011%$5.2M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0114%4h4.7657+0.376%$906K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7619+0.298%$674K$406K50xas long as short
Phoenix LIT−0.0034%1h4.7684+0.433%$207K$361K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7547+0.145%$31K$855K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7535+0.120%$11K150xas long as short
dYdX LIT-USD+0.0004%1h4.7541+0.132%$34K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.183%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0038%8h4.7473−0.012%$7K$2K5xas long as short
Gate LIT_USDT+0.0038%4h4.7560+0.172%$2.8M$4.5M50xas long as short
Nado LIT-PERP+0.0047%1h4.7475−0.007%$2.2M$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0071%1h4.7514+0.075%$449K$104K10xas long as short
Lighter LIT+0.0096%1h4.7548+0.147%$59.5M$29.8M5xas long as short
Aster LITUSDT+0.0100%4h4.7550+0.151%$12.7M$2.2M50xas long as short
Pacifica LIT+0.0100%1h4.7519+0.086%$591K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7466−0.026%$75.8M$80.9M75xas long as short
Bybit LITUSDT+0.0100%4h4.7466−0.026%$42.7M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7526+0.101%$117K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7740+0.551%$119K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7495+0.035%$5.7M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7530+0.109%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7541+0.132%$689K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7663+0.389%$290K$309K10xas long as short
Derive LIT-PERP+0.0100%1h4.7513+0.072%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7523+0.094%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7489+0.023%$993$459K5xas long as short
HTX LIT-USDT+0.0100%4h4.7569+0.191%$190K$346K30xas long as short
Phemex LITUSDT+0.0100%4h4.7480+0.004%$1.4M$2.7M20xas long as short
Extended LIT-USD+0.0104%1h4.7470−0.017%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7470−0.017%$148K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7558+0.168%$793K$2.0M5xas long as short
Lighter RH LIT+0.0168%1h4.7565+0.183%$3.7M$13.7M5xas long as short
Hyperliquid LIT+0.0276%1h4.7609+0.275%$213.6M$44.2M5xas long as short
BloFin LIT-USDT+0.0340%4h4.7450−0.059%$1.5M$2.1M75xas long as short
Aftermath Perps LITUSD+0.0369%1h4.7655+0.373%$10K$205K10xas long as short
GMX LIT/USD [ETH-USDC]shortL +0.0395% / S −0.0185%1h4.7527+0.102%$64K50x