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−0.0228%/8h= −25.0% APRnext payment $1.14 per $10,000 · paid last 24h −0.067%
Price spread now: Gate against Bitget−0.021%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$990.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 7 days+0.071%+$7 · spread now −0.021%, 7d avg +0.007%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.028% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.109% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LITUSDT4.71400.0100pay 0.0050% / 4h1m 54s$6.7M$2.6M20x
ShortGate LIT_USDT4.7130−0.0128pay 0.0064% / 4h1m 54s$2.7M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
−$47.88
Price spread: −0.021% → +0.007%
−$2.83
Slippage, 4 orders
−$72.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$150.1
Costs to cover
0.994%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 1 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 Bitget live order book, 1 min ago2.12 bp23.9 bp −$24107.1 bp −$1,071doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago2.12 bp28.1 bp −$2874.8 bp −$748doesn'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−0.0419%1h4.7066−0.158%$41K$40K10xas long as short
01 Exchange LITUSD−0.0400%1h4.7014−0.267%$33K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0394%4h4.7014−0.267%$32K$1K10xas long as short
Bullet LIT-USD−0.0295%1h4.7057−0.175%$84K$68K20xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6904−0.501%$613K$352K50xas long as short
Gate LIT_USDTshort−0.0128%4h4.7130−0.021%$2.7M$4.3M50x
Phemex LITUSDT−0.0104%4h4.7050−0.191%$1.3M$2.8M20xas long as short
Bybit LITUSDT−0.0102%4h4.7113−0.057%$41.3M$28.9M75xas long as short
Phoenix LIT−0.0034%1h4.7171+0.066%$203K$305K5xas long as short
dYdX LIT-USD0.0000%1h4.7171+0.066%$34K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7114−0.056%$11K150xas long as short
OKX LIT-USDT-SWAP+0.0010%4h4.7123−0.036%$25.3M$61.3M50xas long as short
KuCoin LITUSDTM+0.0014%4h4.7085−0.117%$5.2M$1.0M30xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.909%$422$178K5.5xas long as short
Backpack LIT_USDC_PERP+0.0066%1h4.7094−0.098%$663K$1.4M5xas long as short
Paradex LIT-USD-PERP+0.0070%8h4.7010−0.275%$6K$2K5xas long as short
Extended LIT-USD+0.0072%1h4.7082−0.123%$5.2M$5.0M25xas long as short
RISEx LIT/USDC+0.0073%1h4.7105−0.074%$785K$2.1M5xas long as short
ApeX Omni LITUSDT+0.0076%1h4.7070−0.148%$56K$76K50xas long as short
Nado LIT-PERP+0.0078%1h4.7070−0.147%$2.2M$1.7M10xas long as short
Aftermath Perps LITUSD+0.0079%1h4.7073−0.143%$10K$204K10xas long as short
Lighter LIT+0.0096%1h4.7137−0.006%$58.7M$29.0M5xas long as short
Lighter RH LIT+0.0096%1h4.7164+0.051%$3.8M$13.5M5xas long as short
Hyperliquid LIT+0.0100%1h4.7195+0.116%$210.7M$42.1M5xas long as short
Pacifica LIT+0.0100%1h4.7100−0.085%$576K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7103−0.078%$75.4M$79.3M75xas long as short
Arcus LIT-USD+0.0100%1h4.7082−0.123%$118K$452K5xas long as short
Bulk LIT-USD+0.0100%1h4.7058−0.174%$120K$4K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7074−0.140%$5.6M$3.9M100xas long as short
Bitget LITUSDTlong+0.0100%4h4.7140long leg$6.7M$2.6M20x
edgeX LITUSDC+0.0100%4h4.7102−0.080%$288K$305K10xas long as short
GRVT LIT_USDT_Perp+0.0100%4h4.7074−0.141%$906K$1.7M10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7066−0.157%$440K$109K10xas long as short
Derive LIT-PERP+0.0100%1h4.7095−0.095%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7069−0.151%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7075−0.138%$1K$387K5xas long as short
HTX LIT-USDT+0.0100%4h4.7133−0.015%$199K$360K30xas long as short
Aevo LIT-PERP+0.0104%1h4.7056−0.178%$147K3xas long as short
Perpl LIT+0.0112%43m4.7126−0.029%$31K$760K33xas long as short
Aster LITUSDT+0.0247%4h4.7149+0.019%$12.6M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7100−0.085%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0436% / S −0.0231%1h4.7104−0.076%$65K50xas long as short