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+0.0405%/8h= +44.4% APRnext payment +$0.51 per $10,000 · paid last 24h +0.116%
Price spread now: Bullet against Deribit−0.041%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bullet is 0.041% cheaper against Deribit than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit LIT_USDC-PERPETUAL4.7226−0.0713get 0.0089% / 1h55m 43s$41K$40K10x
ShortBullet LIT-USD4.7207−0.0307pay 0.0038% / 1h55m 43s$84K$77K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Deribit. 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
$85.1
Price spread: −0.041% → 0.000%
−$4.09
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bullet: 4 bp × 2 orders
−$8
Net
$66.02
Costs to cover
0.150%
Break-even
1.6 days
Slippage unknown: Deribit: no order-book sample; Bullet: 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 Deribit no order-book sample
Sell Bullet no order-book sample
Deribit and Bullet: 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-PERPETUALlong−0.0713%1h4.7226long leg$41K$40K10x
01 Exchange LITUSD−0.0664%1h4.7150−0.162%$33K$4K5xas long as short
Gate LIT_USDT−0.0576%4h4.7220−0.013%$2.8M$4.4M50xas long as short
Orderly PERP_LIT_USDC−0.0534%4h4.7180−0.098%$32K$2K10xas long as short
OKX LIT-USDT-SWAP−0.0311%4h4.7162−0.136%$25.6M$63.9M50xas long as short
Bullet LIT-USDshort−0.0307%1h4.7207−0.041%$84K$77K20x
Phemex LITUSDT−0.0268%4h4.7230+0.008%$1.4M$2.7M20xas long as short
KuCoin LITUSDTM−0.0176%4h4.7141−0.181%$5.2M$1.1M30xas long as short
Coinbase International LIT-PERP-INTX−0.0088%1h4.7414+0.397%$670K$402K50xas long as short
GRVT LIT_USDT_Perp−0.0086%4h4.7292+0.138%$906K$1.8M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0050%1h4.7209−0.037%$205K$361K5xas long as short
Backpack LIT_USDC_PERP−0.0025%1h4.7253+0.057%$680K$1.4M5xas long as short
dYdX LIT-USD0.0000%1h4.7193−0.071%$34K5xas long as short
Perpl LIT0.0000%43m4.7221−0.011%$31K$857K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7250+0.050%$35K150xas long as short
Polymarket Perps LIT-USD+0.0014%1h4.7202−0.051%$446K$105K10xas long as short
Paradex LIT-USD-PERP+0.0027%8h4.7125−0.214%$7K$2K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.723%$422$178K5.5xas long as short
Bybit LITUSDT+0.0079%4h4.7140−0.183%$42.5M$30.4M75xas long as short
Lighter LIT+0.0096%1h4.7211−0.032%$59.0M$29.4M5xas long as short
Nado LIT-PERP+0.0100%1h4.7205−0.045%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.7228+0.004%$211.8M$45.1M5xas long as short
Aster LITUSDT+0.0100%4h4.7231+0.010%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7184−0.090%$586K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7130−0.204%$75.2M$82.1M75xas long as short
Arcus LIT-USD+0.0100%1h4.7170−0.119%$116K$459K5xas long as short
Bulk LIT-USD+0.0100%1h4.7190−0.077%$118K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7131−0.202%$5.6M$4.1M100xas long as short
Bitget LITUSDT+0.0100%4h4.7210−0.035%$6.7M$2.8M20xas long as short
edgeX LITUSDC+0.0100%4h4.7271+0.094%$288K$312K10xas long as short
ApeX Omni LITUSDT+0.0100%1h4.7340+0.241%$56K$77K50xas long as short
Derive LIT-PERP+0.0100%1h4.7262+0.076%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7183−0.092%$5K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7235+0.018%$999$471K5xas long as short
HTX LIT-USDT+0.0100%4h4.7275+0.103%$189K$347K30xas long as short
Extended LIT-USD+0.0104%1h4.7186−0.085%$5.2M$5.2M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7266+0.084%$148K$44K3xas long as short
RISEx LIT/USDC+0.0119%1h4.7236+0.020%$796K$2.1M5xas long as short
Lighter RH LIT+0.0152%1h4.7231+0.010%$3.7M$13.6M5xas long as short
Aftermath Perps LITUSD+0.0229%1h4.7305+0.166%$13K$203K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7241+0.031%$1.5M$2.1M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0381% / S −0.0173%1h4.7240+0.029%$62K50xas long as short