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−0.0105%/8h= −11.5% APRnext payment $0.13 per $10,000 · paid last 24h +0.002%
Price spread now: Phoenix against gTrade (Gains Network)+0.157%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
The price spread pays, funding is against you. Phoenix is 0.157% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) LIT/USD4.6829L +0.0003% / S −0.0002%pay 0.0000% / 1h55m 10s$11K150x
ShortPhoenix LIT4.6902−0.0102pay 0.0013% / 1h55m 10s$202K$341K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
−$22.08
Price spread: +0.157% → 0.000%
$15.67
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$23.4
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 6 min ago. 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 Phoenix live order book, 6 min ago1.91 bp16.1 bp −$1650.2 bp −$502doesn't fitdoesn't fit
gTrade (Gains Network): 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 41 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
ApeX Omni LITUSDT−0.1086%1h4.6680−0.317%$56K$77K50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0423%1h4.6780−0.104%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0411%4h4.6751−0.166%$32K$1K10xas long as short
01 Exchange LITUSD−0.0288%1h4.6783−0.097%$33K$4K5xas long as short
Bullet LIT-USD−0.0248%1h4.6801−0.060%$84K$67K20xas long as short
Phoenix LITshort−0.0102%1h4.6902+0.157%$202K$341K5x
GRVT LIT_USDT_Perp−0.0076%4h4.6750−0.168%$890K$1.7M10xas long as short
KuCoin LITUSDTM−0.0050%4h4.6817−0.025%$5.2M$1.1M30xas long as short
OKX LIT-USDT-SWAP−0.0046%4h4.6844+0.033%$25.3M$61.4M50xas long as short
Phemex LITUSDT−0.0037%4h4.6800−0.061%$1.4M$2.8M20xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LIT-PERP-INTX−0.0024%1h4.6867+0.083%$663K$366K50xas long as short
Gate LIT_USDT−0.0014%4h4.6830+0.003%$2.7M$4.2M50xas long as short
gTrade (Gains Network) LIT/USDlongL +0.0003% / S −0.0002%1h4.6829long leg$11K150x
Injective LIT/USDC PERP+0.0033%1h4.8040+2.587%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0057%8h4.6795−0.072%$7K$2K5xas long as short
Backpack LIT_USDC_PERP+0.0060%1h4.6886+0.123%$680K$1.3M5xas long as short
dYdX LIT-USD+0.0061%1h4.6872+0.093%$34K5xas long as short
Bulk LIT-USD+0.0076%1h4.6847+0.039%$117K$1K10xas long as short
Lighter LIT+0.0096%1h4.6885+0.120%$58.6M$28.4M5xas long as short
RISEx LIT/USDC+0.0099%1h4.6834+0.012%$781K$2.0M5xas long as short
Nado LIT-PERP+0.0100%1h4.6805−0.051%$2.2M$1.7M10xas long as short
Hyperliquid LIT+0.0100%1h4.6866+0.080%$209.6M$41.4M5xas long as short
Pacifica LIT+0.0100%1h4.6862+0.071%$581K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6811−0.038%$74.5M$78.2M75xas long as short
Bybit LITUSDT+0.0100%4h4.6803−0.055%$41.5M$28.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.6797−0.067%$117K$447K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6804−0.053%$5.4M$3.8M100xas long as short
Bitget LITUSDT+0.0100%4h4.6850+0.046%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6739−0.191%$285K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.6810−0.040%$442K$104K10xas long as short
Derive LIT-PERP+0.0100%1h4.6804−0.052%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6792−0.078%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6805−0.050%$1K$417K5xas long as short
HTX LIT-USDT+0.0100%4h4.6959+0.278%$191K$359K30xas long as short
Extended LIT-USD+0.0104%1h4.6771−0.122%$5.1M$5.0M25xas long as short
Aevo LIT-PERP+0.0104%1h4.6794−0.075%$146K3xas long as short
Aster LITUSDT+0.0147%4h4.6875+0.100%$12.6M$2.0M50xas long as short
Lighter RH LIT+0.0168%1h4.6888+0.127%$3.7M$13.0M5xas long as short
Aftermath Perps LITUSD+0.0290%1h4.6940+0.238%$10K$210K10xas long as short
GMX LIT/USD [ETH-USDC]L +0.0407% / S −0.0204%1h4.6813−0.032%$63K50xas long as short
Perpl LIT+0.0447%43m4.6836+0.016%$31K$833K33xas long as short