Settings8H · net · $10k
Funding arb · Price arb /

LIT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0313%/8h= −34.3% APRnext payment $0.39 per $10,000 · paid last 24h −0.163%
Price spread now: Deribit against gTrade (Gains Network)−0.073%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 4 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and Deribit is 0.073% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LIT/USD4.7670L +0.0003% / S −0.0003%pay 0.0000% / 1h7m 56s$35K150x
ShortDeribit LIT_USDC-PERPETUAL4.7635−0.0310pay 0.0039% / 1h7m 56s$42K$19K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against gTrade (Gains Network). 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
−$65.8
Price spread: −0.073% → 0.000%
−$7.34
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$90.14
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: 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 gTrade (Gains Network) no order-book sample
Sell Deribit no order-book sample
gTrade (Gains Network) and Deribit: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_LIT_USDC−0.0384%4h4.7574−0.202%$33K$31310xas long as short
01 Exchange LITUSD−0.0336%1h4.7599−0.149%$31K$3K5xas long as short
Deribit LIT_USDC-PERPETUALshort−0.0310%1h4.7635−0.073%$42K$19K10x
Coinbase International LIT-PERP-INTX−0.0296%1h4.7269−0.841%$599K$292K50xas long as short
Gate LIT_USDT−0.0254%4h4.7660−0.021%$2.8M$3.6M50xas long as short
Backpack LIT_USDC_PERP−0.0221%1h4.7658−0.026%$680K$868K5xas long as short
Bullet LIT-USD−0.0194%1h4.7636−0.071%$85K$44K20xas long as short
GRVT LIT_USDT_Perp−0.0068%4h4.7478−0.404%$880K$1.9M10xas long as short
OKX LIT-USDT-SWAP−0.0064%4h4.7618−0.110%$26.0M$54.2M50xas long as short
dYdX LIT-USD0.0000%1h4.7637−0.069%$34K5xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDlongL +0.0003% / S −0.0003%1h4.7670long leg$35K150x
Injective LIT/USDC PERP+0.0033%1h4.8040+0.776%$422$178K5.5xas long as short
ApeX Omni LITUSDT+0.0053%1h4.7420−0.525%$57K$78K50xas long as short
Extended LIT-USD+0.0072%1h4.7582−0.184%$5.1M$5.0M25xas long as short
Paradex LIT-USD-PERP+0.0081%8h4.7616−0.113%$7K$1K5xas long as short
Phoenix LIT+0.0083%1h4.7565−0.221%$204K$268K5xas long as short
Bybit LITUSDT+0.0088%4h4.7609−0.128%$41.3M$25.1M75xas long as short
Pacifica LIT+0.0092%1h4.7628−0.088%$630K$1.5M10xas long as short
Lighter LIT+0.0096%1h4.7691+0.044%$59.4M$24.0M5xas long as short
Lighter RH LIT+0.0096%1h4.7698+0.058%$3.6M$12.1M5xas long as short
Nado LIT-PERP+0.0100%1h4.7615−0.116%$2.1M$1.5M10xas long as short
Hyperliquid LIT+0.0100%1h4.7664−0.013%$214.9M$34.9M5xas long as short
Binance LITUSDT+0.0100%4h4.7599−0.150%$76.8M$66.3M75xas long as short
Arcus LIT-USD+0.0100%1h4.7627−0.091%$134K$362K5xas long as short
Bulk LIT-USD+0.0100%1h4.7547−0.259%$158K$50K10xas long as short
MEXC LIT_USDT+0.0100%4h4.7601−0.145%$6.3M$3.6M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7632−0.080%$5.4M$643K30xas long as short
Bitget LITUSDT+0.0100%4h4.7620−0.105%$6.8M$2.2M20xas long as short
edgeX LITUSDC+0.0100%4h4.7429−0.506%$291K$299K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7627−0.091%$456K$125K10xas long as short
Derive LIT-PERP+0.0100%1h4.7664−0.013%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7626−0.093%$4K$1.0M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7650−0.042%$4K$300K5xas long as short
HTX LIT-USDT+0.0100%4h4.7671+0.002%$191K$256K30xas long as short
Phemex LITUSDT+0.0100%4h4.7650−0.042%$1.4M$2.7M20xas long as short
Aevo LIT-PERP+0.0104%1h4.7600−0.147%$149K3xas long as short
Perpl LIT+0.0112%43m4.7522−0.312%$28K$545K33xas long as short
RISEx LIT/USDC+0.0176%1h4.7662−0.018%$802K$2.4M5xas long as short
Aster LITUSDT+0.0201%4h4.7685+0.030%$12.8M$1.7M50xas long as short
Aftermath Perps LITUSD+0.0325%1h4.7557−0.238%$8K$190K10xas long as short
BloFin LIT-USDT+0.0340%4h4.7559−0.233%$1.6M$2.4M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0422% / S −0.0217%1h4.7515−0.326%$63K50xas long as short