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+0.0448%/8h= +49.0% APRnext payment +$0.56 per $10,000 · paid last 24h +0.088%
Price spread now: Derive against Bullet+0.113%7-day average · you sell dearer than you buy
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 3 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 for this trade now. Funding pays +$13 a day on $10k at the current rate, and Derive is 0.113% dearer against Bullet than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet LIT-USD4.7588−0.0348get 0.0043% / 1h14m 15s$86K$81K20x
ShortDerive LIT-PERP4.76420.0100get 0.0013% / 1h14m 15s$2K$1K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Bullet. 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
$93.99
Price spread: +0.113% → 0.000%
$11.32
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Derive: 3 bp × 2 orders
−$6
Net
$91.31
Costs to cover
0.140%
Break-even
0.2 days
Slippage unknown: Bullet: no order-book sample; Derive: 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 Bullet no order-book sample
Sell Derive no order-book sample
Bullet and Derive: 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-PERPETUAL−0.1225%1h4.7603+0.032%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0611%4h4.7535−0.111%$33K$2K10xas long as short
Phemex LITUSDT−0.0587%4h4.7580−0.017%$1.3M$2.7M20xas long as short
Gate LIT_USDT−0.0562%4h4.7610+0.046%$2.8M$4.5M50xas long as short
01 Exchange LITUSD−0.0560%1h4.7536−0.109%$33K$4K5xas long as short
Bullet LIT-USDlong−0.0348%1h4.7588long leg$86K$81K20x
OKX LIT-USDT-SWAP−0.0336%4h4.7596+0.017%$25.1M$62.3M50xas long as short
Bybit LITUSDT−0.0294%4h4.7610+0.046%$43.0M$30.7M75xas long as short
KuCoin LITUSDTM−0.0280%4h4.7654+0.139%$5.3M$1.1M30xas long as short
GRVT LIT_USDT_Perp−0.0250%4h4.7582−0.013%$901K$1.9M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack LIT_USDC_PERP−0.0237%1h4.7629+0.086%$669K$1.5M5xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7721+0.280%$660K$404K50xas long as short
Aftermath Perps LITUSD−0.0075%1h4.7593+0.010%$12K$199K10xas long as short
Phoenix LIT−0.0050%1h4.7660+0.151%$247K$321K5xas long as short
SoDEX LIT-USD−0.0031%1h4.7597+0.019%$1K$487K5xas long as short
Paradex LIT-USD-PERP−0.0023%8h4.7558−0.062%$6K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7646+0.121%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7664+0.160%$35K150xas long as short
RISEx LIT/USDC+0.0009%1h4.7636+0.100%$830K$2.0M5xas long as short
Polymarket Perps LIT-USD+0.0020%1h4.7597+0.019%$449K$105K10xas long as short
Nado LIT-PERP+0.0022%1h4.7577−0.022%$2.2M$1.7M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.950%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0044%4h4.7574−0.029%$5.8M$4.2M100xas long as short
Binance LITUSDT+0.0045%4h4.7569−0.041%$75.3M$81.5M75xas long as short
edgeX LITUSDC+0.0046%4h4.7599+0.023%$290K$312K10xas long as short
Aevo LIT-PERP+0.0064%1h4.7574−0.029%$149K$44K3xas long as short
Lighter LIT+0.0096%1h4.7673+0.179%$59.8M$30.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.7680+0.193%$212.4M$45.5M5xas long as short
Aster LITUSDT+0.0100%4h4.7663+0.158%$12.7M$2.5M50xas long as short
Pacifica LIT+0.0100%1h4.7638+0.105%$587K$1.8M10xas long as short
Arcus LIT-USD+0.0100%1h4.7599+0.023%$117K$449K5xas long as short
Bitget LITUSDT+0.0100%4h4.7610+0.046%$6.8M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7650+0.130%$56K$78K50xas long as short
Derive LIT-PERPshort+0.0100%1h4.7642+0.113%$2K$1K6.7x
SunX LIT-USDT+0.0100%4h4.7615+0.057%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7651+0.132%$191K$329K30xas long as short
Bulk LIT-USD+0.0100%1h4.7454−0.282%$119K$6K10xas long as short
Extended LIT-USD+0.0104%1h4.7583−0.010%$5.3M$5.2M25xas long as short
Perpl LIT+0.0112%43m4.7631+0.091%$31K$839K33xas long as short
BloFin LIT-USDT+0.0182%4h4.7612+0.050%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0358% / S −0.0155%1h4.7642+0.113%$60K50xas long as short
Lighter RH LIT+0.0432%1h4.7698+0.231%$3.7M$14.2M5xas long as short