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+0.1372%/8h= +150.2% APRpaid last 24h +0.055%
Price spread now: Pacifica against Bybit−0.034%48s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 7 days+0.113%+$11 · spread now −0.034%, 7d avg +0.030%
Together, before fees+0.197%+ Points / potential airdropPacifica: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.030%). If the spread goes back, that is −$6 on $10k: about 4 hours of funding at the current rate (+$41 a day). At the pace of the last 7 days (+0.084% in total) that is about 5.3 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit LITUSDT4.7216−0.1272get 0.0636% / 4h3h 57m$42.6M$30.4M75x
ShortPacifica LIT4.72000.0100get 0.0013% / 1h57m 51s$586K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$288.15
Price spread: −0.034% → +0.030%
−$6.38
Slippage, 4 orders
−$31.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$231.75
Costs to cover
0.500%
Break-even
1.4 days
Slippage from Bybit: live order book, 1 min ago; Pacifica: 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 Bybit live order book, 1 min ago1.06 bp14.5 bp −$1457.3 bp −$573doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago1.80 bp12.7 bp −$13doesn'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
Bybit LITUSDTlong−0.1272%4h4.7216long leg$42.6M$30.4M75x
01 Exchange LITUSD−0.0776%1h4.7147−0.146%$33K$4K5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0774%1h4.7218+0.004%$41K$40K10xas long as short
Phemex LITUSDT−0.0739%4h4.7220+0.008%$1.4M$2.7M20xas long as short
Gate LIT_USDT−0.0550%4h4.7270+0.114%$2.8M$4.4M50xas long as short
Orderly PERP_LIT_USDC−0.0538%4h4.7143−0.155%$32K$2K10xas long as short
Bullet LIT-USD−0.0497%1h4.7199−0.035%$84K$77K20xas long as short
OKX LIT-USDT-SWAP−0.0315%4h4.7224+0.017%$25.7M$64.1M50xas long as short
Polymarket Perps LIT-USD−0.0271%1h4.7217+0.002%$446K$105K10xas long as short
Backpack LIT_USDC_PERP−0.0252%1h4.7271+0.116%$681K$1.4M5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin LITUSDTM−0.0172%4h4.7202−0.030%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7414+0.419%$670K$402K50xas long as short
GRVT LIT_USDT_Perp−0.0086%4h4.7292+0.160%$906K$1.8M10xas long as short
Phoenix LIT−0.0050%1h4.7276+0.127%$205K$351K5xas long as short
dYdX LIT-USD0.0000%1h4.7223+0.016%$34K5xas long as short
Perpl LIT0.0000%43m4.7232+0.034%$31K$854K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7264+0.101%$35K150xas long as short
Paradex LIT-USD-PERP+0.0025%8h4.7133−0.176%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.745%$422$178K5.5xas long as short
SoDEX LIT-USD+0.0079%1h4.7233+0.036%$999$471K5xas long as short
Lighter LIT+0.0096%1h4.7268+0.110%$59.1M$29.4M5xas long as short
Nado LIT-PERP+0.0100%1h4.7185−0.066%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7322+0.225%$212.3M$45.1M5xas long as short
Aster LITUSDT+0.0100%4h4.7269+0.111%$12.6M$2.4M50xas long as short
Pacifica LITshort+0.0100%1h4.7200−0.034%$586K$1.7M10x
Binance LITUSDT+0.0100%4h4.7227+0.023%$75.3M$82.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7210−0.013%$117K$459K5xas long as short
Bulk LIT-USD+0.0100%1h4.7190−0.055%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.72160.000%$5.6M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7260+0.093%$6.7M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7287+0.151%$288K$311K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7340+0.263%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7257+0.086%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7185−0.066%$4K$1.2M20xas long as short
HTX LIT-USDT+0.0100%4h4.7400+0.390%$189K$347K30xas long as short
Extended LIT-USD+0.0104%1h4.7216+0.001%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7230+0.029%$148K$44K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7255+0.083%$796K$2.1M5xas long as short
Lighter RH LIT+0.0128%1h4.7295+0.167%$3.7M$13.6M5xas long as short
Aftermath Perps LITUSD+0.0227%1h4.7329+0.240%$13K$203K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7163−0.112%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0381% / S −0.0173%1h4.7249+0.069%$62K50xas long as short