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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Derive+2.979%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
The price spread pays, funding is against you. Injective is 2.979% dearer against Derive than usual: you sell high and buy low (spread +2.979% now, against zero (this spread has no 7-day history yet)): +$298 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive LIT-PERP4.66500.0100pay 0.0013% / 1h42m 20s$2K6.7x
ShortInjective LIT/USDC PERP4.80400.0033get 0.0004% / 1h42m 20s$422$178K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Derive. 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
−$14
Price spread: +2.979% → 0.000%
$297.9
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$277.88
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; Injective: 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 Derive no order-book sample
Sell Injective no order-book sample
Derive and Injective: 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
01 Exchange LITUSD−0.0512%1h4.6558−0.198%$32K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0511%1h4.6628−0.048%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0392%4h4.6583−0.144%$32K$1K10xas long as short
Bullet LIT-USD−0.0247%1h4.6618−0.070%$83K$68K20xas long as short
Gate LIT_USDT−0.0232%4h4.6670+0.042%$2.7M$4.3M50xas long as short
Backpack LIT_USDC_PERP−0.0229%1h4.6657+0.014%$659K$1.4M5xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848+0.423%$612K$404K50xas long as short
Phemex LITUSDT−0.0131%4h4.6620−0.065%$1.3M$2.8M20xas long as short
Nado LIT-PERP−0.0054%1h4.6616−0.072%$2.1M$1.7M10xas long as short
Extended LIT-USD−0.0048%1h4.6605−0.098%$5.1M$5.0M25xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.6711+0.130%$201K$305K5xas long as short
Bybit LITUSDT−0.0027%4h4.6630−0.043%$41.1M$28.7M75xas long as short
KuCoin LITUSDTM−0.0020%4h4.6681+0.066%$5.2M$1.0M30xas long as short
OKX LIT-USDT-SWAP−0.0003%4h4.6631−0.041%$25.1M$61.1M50xas long as short
dYdX LIT-USD0.0000%1h4.6661+0.023%$33K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6658+0.016%$11K150xas long as short
ApeX Omni LITUSDT+0.0026%1h4.6660+0.021%$56K$76K50xas long as short
Injective LIT/USDC PERPshort+0.0033%1h4.8040+2.979%$422$178K5.5x
Paradex LIT-USD-PERP+0.0064%8h4.6604−0.100%$6K$2K5xas long as short
Polymarket Perps LIT-USD+0.0067%1h4.6631−0.041%$436K$109K10xas long as short
GRVT LIT_USDT_Perp+0.0072%4h4.6672+0.046%$904K$1.8M10xas long as short
RISEx LIT/USDC+0.0073%1h4.6646−0.008%$778K$2.1M5xas long as short
Lighter LIT+0.0096%1h4.6680+0.064%$58.1M$28.5M5xas long as short
Lighter RH LIT+0.0096%1h4.6694+0.094%$3.6M$13.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.6708+0.124%$208.9M$42.0M5xas long as short
Pacifica LIT+0.0100%1h4.6653+0.006%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6608−0.091%$74.5M$79.3M75xas long as short
Arcus LIT-USD+0.0100%1h4.6707+0.122%$121K$455K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6616−0.073%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6650−0.001%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.66500.000%$284K$305K10xas long as short
Derive LIT-PERPlong+0.0100%1h4.6650long leg$2K6.7x
SunX LIT-USDT+0.0100%4h4.6642−0.018%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6649−0.003%$1K$390K5xas long as short
HTX LIT-USDT+0.0100%4h4.6716+0.141%$197K$388K30xas long as short
Bulk LIT-USD+0.0100%1h4.6625−0.054%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6618−0.070%$146K3xas long as short
Aster LITUSDT+0.0186%4h4.6698+0.102%$12.5M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0213%1h4.6718+0.144%$8K$206K10xas long as short
Perpl LIT+0.0335%43m4.6667+0.037%$31K$791K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6592−0.125%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0217%1h4.6674+0.050%$62K50xas long as short