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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1331%/8h= −145.8% APRnext payment $1.66 per $10,000 · paid last 24h −0.151%
Price spread now: Deribit against ApeX Omni−0.095%74s7-day average · you buy dearer than you sell
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 5 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 against this trade now: funding costs −$40 a day on $10k at the current rate, and Deribit is 0.095% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni LITUSDT4.71700.0100pay 0.0013% / 1h3m 56s$55K$78K50x
ShortDeribit LIT_USDC-PERPETUAL4.7125−0.1231pay 0.0154% / 1h3m 56s$41K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. 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
−$279.53
Price spread: −0.095% → 0.000%
−$9.54
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$306.07
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Deribit: 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 ApeX Omni no order-book sample
Sell Deribit no order-book sample
ApeX Omni and Deribit: 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-PERPETUALshort−0.1231%1h4.7125−0.095%$41K$40K10x
Gate LIT_USDT−0.0744%4h4.7220+0.106%$2.8M$4.5M50xas long as short
Orderly PERP_LIT_USDC−0.0622%4h4.7067−0.218%$32K$2K10xas long as short
Phemex LITUSDT−0.0602%4h4.7110−0.127%$1.3M$2.8M20xas long as short
01 Exchange LITUSD−0.0600%1h4.7037−0.282%$33K$4K5xas long as short
OKX LIT-USDT-SWAP−0.0374%4h4.7173+0.006%$25.1M$62.0M50xas long as short
Bullet LIT-USD−0.0352%1h4.7111−0.125%$85K$81K20xas long as short
KuCoin LITUSDTM−0.0308%4h4.7224+0.114%$5.2M$1.1M30xas long as short
Bybit LITUSDT−0.0308%4h4.7190+0.042%$42.7M$30.8M75xas long as short
Backpack LIT_USDC_PERP−0.0295%1h4.7193+0.049%$663K$1.5M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT LIT_USDT_Perp−0.0260%4h4.7220+0.107%$896K$1.9M10xas long as short
Aftermath Perps LITUSD−0.0185%1h4.7251+0.173%$10K$202K10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+1.169%$660K$404K50xas long as short
SoDEX LIT-USD−0.0061%1h4.7125−0.095%$1K$487K5xas long as short
Phoenix LIT−0.0050%1h4.7251+0.172%$245K$321K5xas long as short
Paradex LIT-USD-PERP−0.0033%8h4.7069−0.215%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7127−0.091%$34K5xas long as short
Nado LIT-PERP+0.0001%1h4.7100−0.148%$2.1M$1.7M10xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7172+0.004%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7146−0.050%$746K$2.1M5xas long as short
Polymarket Perps LIT-USD+0.0023%1h4.7116−0.114%$445K$105K10xas long as short
Binance LITUSDT+0.0030%4h4.7162−0.017%$74.7M$81.7M75xas long as short
MEXC LIT_USDT+0.0032%4h4.71700.000%$5.8M$4.3M100xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.844%$422$178K5.5xas long as short
edgeX LITUSDC+0.0037%4h4.7229+0.124%$287K$310K10xas long as short
Aevo LIT-PERP+0.0048%1h4.7091−0.167%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7201+0.066%$59.3M$30.4M5xas long as short
Hyperliquid LIT+0.0100%1h4.7226+0.119%$210.4M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7234+0.136%$12.6M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7140−0.064%$581K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7109−0.129%$116K$449K5xas long as short
Bulk LIT-USD+0.0100%1h4.7374+0.432%$119K$6K10xas long as short
Bitget LITUSDT+0.0100%4h4.7210+0.085%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDTlong+0.0100%1h4.7170long leg$55K$78K50x
Derive LIT-PERP+0.0100%1h4.7168−0.005%$2K$1K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7148−0.047%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7177+0.015%$189K$330K30xas long as short
Extended LIT-USD+0.0104%1h4.7199+0.061%$5.2M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7130−0.085%$31K$843K33xas long as short
BloFin LIT-USDT+0.0130%4h4.7101−0.146%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0357% / S −0.0155%1h4.7160−0.021%$59K50xas long as short
Lighter RH LIT+0.0416%1h4.7233+0.134%$3.7M$14.3M5xas long as short