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+0.0153%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.060%
Price spread now: Hyperliquid against RISEx−0.004%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.098%+$10 on $10k
Price spread, last 7 days+0.112%+$11 · spread now −0.004%, 7d avg +0.087%
Together, before fees+0.210%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.091% cheaper against RISEx than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.087%). If the spread goes back, that is −$9 on $10k: about 48 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx LIT/USDC4.78270.0119pay 0.0015% / 1h35m 08s$801K$2.0M5x
ShortHyperliquid LIT4.78250.0272get 0.0034% / 1h35m 08s$214.5M$44.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against RISEx. 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
$32.17
Price spread: −0.004% → +0.087%
−$9.14
Slippage, 4 orders
−$6.35
Fee RISEx: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$1.68
Costs to cover
0.214%
Break-even
6.6 days
Slippage from RISEx: live order book, 4 min ago; Hyperliquid: live order book, 9 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 RISEx live order book, 4 min ago2.09 bp5.2 bp −$519.2 bp −$192doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago0.10 bp4.6 bp −$5doesn'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−0.0899%1h4.7737−0.187%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0512%4h4.7703−0.259%$33K$2K10xas long as short
01 Exchange LITUSD−0.0416%1h4.7744−0.174%$33K$4K5xas long as short
Bullet LIT-USD−0.0352%1h4.7767−0.126%$85K$75K20xas long as short
OKX LIT-USDT-SWAP−0.0227%4h4.7720−0.224%$26.0M$64.4M50xas long as short
KuCoin LITUSDTM−0.0132%4h4.7793−0.071%$5.3M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7831+0.008%$676K$406K50xas long as short
Phoenix LIT−0.0034%1h4.7765−0.130%$208K$361K5xas long as short
ApeX Omni LITUSDT−0.0032%1h4.7760−0.140%$56K$77K50xas long as short
Phemex LITUSDT−0.0030%4h4.7740−0.182%$1.4M$2.7M20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl LIT0.0000%43m4.7837+0.021%$32K$858K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7816−0.023%$35K150xas long as short
dYdX LIT-USD+0.0005%1h4.7822−0.010%$34K5xas long as short
Nado LIT-PERP+0.0015%1h4.7780−0.098%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.445%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0043%8h4.7756−0.149%$7K$2K5xas long as short
GRVT LIT_USDT_Perp+0.0048%4h4.7763−0.133%$918K$1.8M10xas long as short
Lighter LIT+0.0096%1h4.7794−0.069%$59.8M$29.7M5xas long as short
Aster LITUSDT+0.0100%4h4.7870+0.090%$12.8M$2.3M50xas long as short
Pacifica LIT+0.0100%1h4.7819−0.017%$594K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7727−0.209%$76.2M$81.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.7737−0.188%$43.0M$29.9M75xas long as short
Arcus LIT-USD+0.0100%1h4.7815−0.025%$118K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.7740−0.182%$119K$1K10xas long as short
Gate LIT_USDT+0.0100%4h4.7760−0.140%$2.8M$4.5M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7710−0.245%$5.7M$4.2M100xas long as short
Bitget LITUSDT+0.0100%4h4.7760−0.140%$6.8M$2.7M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7751−0.159%$688K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.7664−0.341%$290K$308K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7794−0.069%$452K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.7787−0.084%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7735−0.192%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7745−0.171%$1K$462K5xas long as short
HTX LIT-USDT+0.0100%4h4.7841+0.029%$191K$346K30xas long as short
Extended LIT-USD+0.0104%1h4.7710−0.244%$5.2M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7752−0.157%$149K3xas long as short
RISEx LIT/USDClong+0.0119%1h4.7827long leg$801K$2.0M5x
Lighter RH LIT+0.0176%1h4.7833+0.013%$3.7M$13.7M5xas long as short
Hyperliquid LITshort+0.0272%1h4.7825−0.004%$214.5M$44.2M5x
BloFin LIT-USDT+0.0340%4h4.7713−0.238%$1.6M$2.1M75xas long as short
Aftermath Perps LITUSD+0.0360%1h4.7713−0.239%$10K$205K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0396% / S −0.0183%1h4.7807−0.042%$64K50xas long as short