Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0110%/8h= −12.0% APRpaid last 24h +0.027%

Price spread now: ApeX Omni against Bybit−0.021%99s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.021% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7770	−0.0056	get 0.0028% / 4h	3h 29m	$41.5M	$27.1M	75x
Short	ApeX Omni LITUSDT	4.7760	−0.0166	pay 0.0021% / 1h	29m 55s	$57K	$75K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee ApeX OmnibpOrdersPrice spread, now −0.021%Rate

Funding earned: −$23.01
Price spread: −0.021% → 0.000%: −$2.09
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$46.1
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; ApeX Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	1.05 bp	22.2 bp −$22	59.2 bp −$592	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange LITUSD	−0.0512%	1h	4.7632	−0.289%	$31K	$3K	5x	as long as short
GRVT LIT_USDT_Perp	−0.0426%	4h	4.7979	+0.437%	$894K	$2.0M	10x	as long as short
Orderly PERP_LIT_USDC	−0.0397%	4h	4.7632	−0.289%	$33K	$313	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7938	+0.352%	$607K	$349K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0301%	1h	4.7702	−0.143%	$42K	$39K	10x	as long as short
Gate LIT_USDT	−0.0290%	4h	4.7780	+0.021%	$2.8M	$4.0M	50x	as long as short
Bullet LIT-USD	−0.0232%	1h	4.7679	−0.190%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0168%	4h	4.7760	−0.021%	$25.8M	$58.8M	50x	as long as short
ApeX Omni LITUSDTshort	−0.0166%	1h	4.7760	−0.021%	$57K	$75K	50x
Backpack LIT_USDC_PERP	−0.0078%	1h	4.7759	−0.023%	$681K	$985K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDTlong	−0.0056%	4h	4.7770	long leg	$41.5M	$27.1M	75x
dYdX LIT-USD	0.0000%	1h	4.7622	−0.310%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7759	−0.024%	$35K	—	150x	as long as short
Phoenix LIT	+0.0017%	1h	4.7780	+0.021%	$205K	$288K	5x	as long as short
Nado LIT-PERP	+0.0022%	1h	4.7620	−0.314%	$2.1M	$1.6M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.565%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7694	−0.159%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7769	−0.002%	$59.5M	$26.1M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7788	+0.038%	$3.7M	$12.2M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7800	+0.063%	$215.7M	$38.4M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7744	−0.054%	$671K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7725	−0.094%	$76.7M	$73.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7722	−0.100%	$126K	$419K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7909	+0.290%	$121K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7756	−0.029%	$6.2M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7742	−0.059%	$5.4M	$888K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7780	+0.021%	$6.8M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7803	+0.068%	$293K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7646	−0.260%	$444K	$85K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7720	−0.105%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7685	−0.178%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7775	+0.010%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7836	+0.138%	$192K	$305K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7710	−0.126%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7743	−0.056%	$5.1M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7748	−0.047%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.7758	−0.025%	$796K	$2.4M	5x	as long as short
Aster LITUSDT	+0.0265%	4h	4.7786	+0.033%	$12.8M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.7763	−0.014%	$32K	$629K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7686	−0.176%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7758	−0.024%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0474%	1h	4.7894	+0.260%	$10K	$199K	10x	as long as short