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−0.0004%/8h= −0.4% APRpaid last 24h −0.076%
Price spread now: Phemex against Extended−0.026%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$710.708% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.275%−$28 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.026%, 7d avg +0.004%
Together, before fees−0.309%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.030% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended LIT-USD4.79320.0104pay 0.0013% / 1h15m 12s$5.1M$5.2M25x
ShortPhemex LITUSDT4.79200.0100get 0.0050% / 4h15m 12s$1.4M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Extended. 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
−$0.84
Price spread: −0.026% → +0.004%
−$2.99
Slippage, 4 orders
−$53.82
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$74.65
Costs to cover
0.708%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Phemex: 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 Extended live order book, 4 min ago0.10 bp3.4 bp −$320.9 bp −$209doesn't fitdoesn't fit
Sell Phemex live order book, 3 min ago5.23 bp32.0 bp −$32doesn'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−0.0390%1h4.7943+0.022%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0384%4h4.7870−0.130%$33K$1K10xas long as short
Coinbase International LIT-PERP-INTX−0.0344%1h4.7780−0.318%$605K$347K50xas long as short
01 Exchange LITUSD−0.0296%1h4.7899−0.069%$31K$3K5xas long as short
Bullet LIT-USD−0.0217%1h4.7917−0.032%$86K$66K20xas long as short
OKX LIT-USDT-SWAP−0.0160%4h4.7974+0.087%$25.8M$59.5M50xas long as short
GRVT LIT_USDT_Perp−0.0104%4h4.7820−0.234%$884K$2.0M10xas long as short
ApeX Omni LITUSDT−0.0061%1h4.7840−0.192%$57K$73K50xas long as short
dYdX LIT-USD0.0000%1h4.7960+0.059%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7949+0.036%$36K150xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT+0.0031%4h4.7980+0.100%$41.6M$27.8M75xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.225%$422$178K5.5xas long as short
Phoenix LIT+0.0050%1h4.7943+0.022%$206K$293K5xas long as short
RISEx LIT/USDC+0.0064%1h4.7929−0.007%$798K$2.3M5xas long as short
Paradex LIT-USD-PERP+0.0093%8h4.7902−0.063%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.8019+0.181%$59.8M$26.8M5xas long as short
Nado LIT-PERP+0.0100%1h4.7885−0.099%$2.2M$1.6M10xas long as short
Pacifica LIT+0.0100%1h4.7938+0.012%$820K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7969+0.077%$76.9M$73.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7930−0.005%$127K$446K5xas long as short
Gate LIT_USDT+0.0100%4h4.7920−0.026%$2.8M$4.2M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7933+0.002%$5.9M$3.9M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7965+0.068%$5.5M$934K30xas long as short
Bitget LITUSDT+0.0100%4h4.7940+0.016%$6.8M$2.4M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7899−0.069%$683K$1.0M5xas long as short
edgeX LITUSDC+0.0100%4h4.7856−0.159%$293K$303K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7902−0.063%$446K$86K10xas long as short
Derive LIT-PERP+0.0100%1h4.7879−0.112%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7898−0.071%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7950+0.037%$1K$332K5xas long as short
HTX LIT-USDT+0.0100%4h4.7921−0.023%$193K$312K30xas long as short
Phemex LITUSDTshort+0.0100%4h4.7920−0.026%$1.4M$2.7M20x
Bulk LIT-USD+0.0100%1h4.7777−0.324%$119K$6K10xas long as short
Extended LIT-USDlong+0.0104%1h4.7932long leg$5.1M$5.2M25x
Aevo LIT-PERP+0.0104%1h4.7928−0.009%$150K3xas long as short
Hyperliquid LIT+0.0208%1h4.7963+0.064%$216.6M$38.8M5xas long as short
Lighter RH LIT+0.0240%1h4.8045+0.235%$3.7M$12.8M5xas long as short
Aster LITUSDT+0.0252%4h4.8030+0.204%$12.9M$2.0M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7936+0.008%$1.6M$2.3M75xas long as short
Aftermath Perps LITUSD+0.0375%1h4.7868−0.133%$9K$203K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0426% / S −0.0217%1h4.7956+0.050%$64K50xas long as short
Perpl LIT+0.0447%43m4.7955+0.047%$32K$646K33xas long as short