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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0340%/8h= −37.3% APRnext payment $0.43 per $10,000 · paid last 24h −0.134%
Price spread now: ApeX Omni against GMX−0.219%68s7-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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and ApeX Omni is 0.219% cheaper against GMX than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX LIT/USD [ETH-USDC]4.7023L +0.0435% / S −0.0231%pay 0.0054% / 1h15m 57s$65K50x
ShortApeX Omni LITUSDT4.69200.0095get 0.0012% / 1h15m 57s$56K$76K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
−$71.44
Price spread: −0.219% → 0.000%
−$21.94
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$115.38
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell ApeX Omni no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange LITUSD−0.0400%1h4.6958−0.139%$33K$3K5xas long as short
Orderly PERP_LIT_USDC−0.0393%4h4.6956−0.143%$32K$1K10xas long as short
Bullet LIT-USD−0.0286%1h4.6988−0.074%$84K$68K20xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6904−0.254%$613K$388K50xas long as short
Gate LIT_USDT−0.0132%4h4.6990−0.071%$2.7M$4.3M50xas long as short
Deribit LIT_USDC-PERPETUAL−0.0120%1h4.7017−0.013%$41K$40K10xas long as short
Bybit LITUSDT−0.0083%4h4.6956−0.143%$41.2M$28.8M75xas long as short
Phemex LITUSDT−0.0077%4h4.6970−0.113%$1.3M$2.8M20xas long as short
Phoenix LIT−0.0034%1h4.6998−0.054%$202K$305K5xas long as short
dYdX LIT-USD0.0000%1h4.6972−0.110%$34K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7033+0.020%$11K150xas long as short
Extended LIT-USD+0.0016%1h4.6942−0.172%$5.1M$5.0M25xas long as short
OKX LIT-USDT-SWAP+0.0017%4h4.6984−0.083%$25.3M$61.1M50xas long as short
KuCoin LITUSDTM+0.0022%4h4.6991−0.068%$5.2M$1.0M30xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.162%$422$178K5.5xas long as short
RISEx LIT/USDC+0.0073%1h4.7013−0.022%$792K$2.1M5xas long as short
Paradex LIT-USD-PERP+0.0075%8h4.6928−0.203%$6K$2K5xas long as short
Polymarket Perps LIT-USD+0.0079%1h4.6985−0.081%$439K$109K10xas long as short
Nado LIT-PERP+0.0091%1h4.6965−0.124%$2.2M$1.7M10xas long as short
ApeX Omni LITUSDTshort+0.0095%1h4.6920−0.219%$56K$76K50x
Lighter LIT+0.0096%1h4.7051+0.059%$58.6M$28.8M5xas long as short
Lighter RH LIT+0.0096%1h4.7072+0.104%$3.7M$13.3M5xas long as short
Hyperliquid LIT+0.0100%1h4.7057+0.072%$210.4M$41.9M5xas long as short
Pacifica LIT+0.0100%1h4.6963−0.128%$574K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6961−0.132%$75.2M$79.2M75xas long as short
Arcus LIT-USD+0.0100%1h4.7001−0.047%$117K$454K5xas long as short
Bulk LIT-USD+0.0100%1h4.6895−0.273%$117K$1K10xas long as short
MEXC LIT_USDT+0.0100%4h4.6966−0.122%$5.6M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6990−0.071%$6.7M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7027+0.008%$658K$1.4M5xas long as short
edgeX LITUSDC+0.0100%4h4.6928−0.202%$287K$305K10xas long as short
GRVT LIT_USDT_Perp+0.0100%4h4.6970−0.113%$906K$1.7M10xas long as short
Derive LIT-PERP+0.0100%1h4.7030+0.015%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6995−0.060%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7015−0.017%$1K$385K5xas long as short
HTX LIT-USDT+0.0100%4h4.7051+0.059%$199K$360K30xas long as short
Aevo LIT-PERP+0.0104%1h4.6981−0.089%$147K3xas long as short
Aster LITUSDT+0.0234%4h4.7033+0.021%$12.6M$1.9M50xas long as short
Aftermath Perps LITUSD+0.0262%1h4.6977−0.098%$10K$204K10xas long as short
Perpl LIT+0.0335%43m4.70230.000%$31K$761K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7010−0.028%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]longL +0.0435% / S −0.0231%1h4.7023long leg$65K50x