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−0.0282%/8h= −30.9% APRpaid last 24h −0.055%
Price spread now: Bybit against Pacifica−0.063%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$590.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 7 days−0.001%$0 · spread now −0.063%, 7d avg −0.029%
Together, before fees−0.085%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bybit is 0.033% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LIT4.77900.0100pay 0.0013% / 1h52m 07s$619K$1.6M10x
ShortBybit LITUSDT4.7760−0.0182pay 0.0091% / 4h52m 07s$43.1M$30.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Pacifica. 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
−$59.17
Price spread: −0.063% → −0.029%
−$3.34
Slippage, 4 orders
−$40.09
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$121.6
Costs to cover
0.591%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; Bybit: live order book, 2 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 Pacifica live order book, 2 min ago2.61 bp11.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.05 bp20.4 bp −$2059.5 bp −$595512.2 bp −$51.2Kdoesn'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−0.0992%4h4.7810+0.042%$2.8M$4.5M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0688%1h4.7719−0.148%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0618%4h4.7675−0.241%$33K$2K10xas long as short
01 Exchange LITUSD−0.0480%1h4.7687−0.216%$33K$4K5xas long as short
Phemex LITUSDT−0.0477%4h4.7720−0.146%$1.4M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0449%4h4.7753−0.077%$25.9M$64.2M50xas long as short
Bullet LIT-USD−0.0304%1h4.7704−0.179%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0238%4h4.7771−0.040%$5.3M$1.1M30xas long as short
Bybit LITUSDTshort−0.0182%4h4.7760−0.063%$43.1M$30.0M75x
Coinbase International LIT-PERP-INTX−0.0120%1h4.7920+0.272%$678K$405K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0118%4h4.7864+0.155%$918K$1.8M10xas long as short
Phoenix LIT−0.0050%1h4.7854+0.134%$208K$353K5xas long as short
Aftermath Perps LITUSD−0.0025%1h4.7809+0.040%$13K$203K10xas long as short
dYdX LIT-USD0.0000%1h4.7801+0.024%$34K5xas long as short
Perpl LIT0.0000%43m4.7758−0.068%$32K$841K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7763−0.056%$35K150xas long as short
Paradex LIT-USD-PERP+0.0009%8h4.7720−0.146%$7K$2K5xas long as short
RISEx LIT/USDC+0.0012%1h4.77900.000%$822K$2.1M5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.523%$422$178K5.5xas long as short
edgeX LITUSDC+0.0063%4h4.7869+0.165%$291K$310K10xas long as short
MEXC LIT_USDT+0.0066%4h4.7749−0.086%$5.6M$4.1M100xas long as short
Binance LITUSDT+0.0067%4h4.7735−0.115%$76.0M$81.2M75xas long as short
Polymarket Perps LIT-USD+0.0069%1h4.7752−0.080%$451K$105K10xas long as short
Aevo LIT-PERP+0.0072%1h4.7710−0.167%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7796+0.013%$60.2M$29.7M5xas long as short
Nado LIT-PERP+0.0100%1h4.7765−0.052%$2.2M$1.7M10xas long as short
Aster LITUSDT+0.0100%4h4.7775−0.031%$12.8M$2.4M50xas long as short
Pacifica LITlong+0.0100%1h4.7790long leg$619K$1.6M10x
Arcus LIT-USD+0.0100%1h4.7777−0.027%$121K$455K5xas long as short
Bulk LIT-USD+0.0100%1h4.7566−0.469%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7810+0.042%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7793+0.006%$678K$1.4M5xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7830+0.084%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7751−0.082%$2K$6506.7xas long as short
SunX LIT-USDT+0.0100%4h4.7755−0.073%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7725−0.136%$1K$466K5xas long as short
HTX LIT-USDT+0.0100%4h4.7848+0.121%$191K$329K30xas long as short
Lighter RH LIT+0.0104%1h4.7814+0.050%$3.7M$13.8M5xas long as short
Extended LIT-USD+0.0104%1h4.7710−0.167%$5.3M$5.1M25xas long as short
Hyperliquid LIT+0.0231%1h4.7862+0.151%$214.5M$44.7M5xas long as short
BloFin LIT-USDT+0.0267%4h4.7819+0.061%$1.6M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0378% / S −0.0169%1h4.7752−0.079%$63K50xas long as short