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−0.0467%/8h= −51.1% APRnext payment $0.58 per $10,000 · paid last 24h −0.177%
Price spread now: Deribit against Injective−2.942%63s7-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 5 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 −$14 a day on $10k at the current rate, and Deribit is 2.942% cheaper against Injective than usual: you would sell low and buy high (−$294 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective LIT/USDC PERP4.80400.0033pay 0.0004% / 1h41m 59s$422$178K5.5x
ShortDeribit LIT_USDC-PERPETUAL4.6627−0.0434pay 0.0054% / 1h41m 59s$41K$40K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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
−$98.07
Price spread: −2.942% → 0.000%
−$294.21
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$399.31
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Injective: 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 Injective no order-book sample
Sell Deribit no order-book sample
Injective 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 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−0.0512%1h4.6558−3.085%$32K$4K5xas long as short
Deribit LIT_USDC-PERPETUALshort−0.0434%1h4.6627−2.942%$41K$40K10x
Orderly PERP_LIT_USDC−0.0392%4h4.6583−3.033%$32K$1K10xas long as short
Backpack LIT_USDC_PERP−0.0252%1h4.6653−2.887%$659K$1.4M5xas long as short
Bullet LIT-USD−0.0247%1h4.6618−2.961%$83K$68K20xas long as short
Gate LIT_USDT−0.0232%4h4.6660−2.873%$2.7M$4.3M50xas long as short
Coinbase International LIT-PERP-INTX−0.0192%1h4.6848−2.482%$612K$404K50xas long as short
Phemex LITUSDT−0.0135%4h4.6630−2.935%$1.3M$2.8M20xas long as short
Extended LIT-USD−0.0056%1h4.6603−2.992%$5.1M$5.0M25xas long as short
Nado LIT-PERP−0.0054%1h4.6616−2.963%$2.1M$1.7M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LIT−0.0034%1h4.6711−2.766%$201K$305K5xas long as short
Bybit LITUSDT−0.0027%4h4.6605−2.987%$41.1M$28.7M75xas long as short
KuCoin LITUSDTM−0.0020%4h4.6666−2.860%$5.2M$1.0M30xas long as short
OKX LIT-USDT-SWAP−0.0003%4h4.6624−2.948%$25.0M$61.2M50xas long as short
dYdX LIT-USD0.0000%1h4.6661−2.870%$33K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.6658−2.877%$11K150xas long as short
ApeX Omni LITUSDT+0.0026%1h4.6660−2.873%$56K$76K50xas long as short
Injective LIT/USDC PERPlong+0.0033%1h4.8040long leg$422$178K5.5x
Paradex LIT-USD-PERP+0.0064%8h4.6604−2.990%$6K$2K5xas long as short
Polymarket Perps LIT-USD+0.0067%1h4.6631−2.933%$436K$109K10xas long as short
GRVT LIT_USDT_Perp+0.0072%4h4.6672−2.848%$904K$1.8M10xas long as short
RISEx LIT/USDC+0.0073%1h4.6646−2.901%$778K$2.1M5xas long as short
Lighter LIT+0.0096%1h4.6677−2.837%$58.1M$28.5M5xas long as short
Lighter RH LIT+0.0096%1h4.6690−2.810%$3.6M$13.1M5xas long as short
Hyperliquid LIT+0.0100%1h4.6709−2.771%$208.9M$42.0M5xas long as short
Pacifica LIT+0.0100%1h4.6653−2.887%$582K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.6604−2.989%$74.5M$79.4M75xas long as short
Arcus LIT-USD+0.0100%1h4.6707−2.775%$121K$455K5xas long as short
MEXC LIT_USDT+0.0100%4h4.6609−2.979%$5.5M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.6630−2.935%$6.7M$2.6M20xas long as short
edgeX LITUSDC+0.0100%4h4.6650−2.893%$284K$305K10xas long as short
Derive LIT-PERP+0.0100%1h4.6655−2.882%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.6647−2.900%$4K$1.2M20xas long as short
SoDEX LIT-USD+0.0100%1h4.6640−2.914%$1K$390K5xas long as short
HTX LIT-USDT+0.0100%4h4.6716−2.756%$197K$388K30xas long as short
Bulk LIT-USD+0.0100%1h4.6625−2.945%$116K$1K10xas long as short
Aevo LIT-PERP+0.0104%1h4.6617−2.963%$146K3xas long as short
Aster LITUSDT+0.0186%4h4.6696−2.798%$12.5M$2.0M50xas long as short
Aftermath Perps LITUSD+0.0213%1h4.6718−2.753%$8K$206K10xas long as short
Perpl LIT+0.0335%43m4.6667−2.857%$31K$791K33xas long as short
BloFin LIT-USDT+0.0340%4h4.6592−3.014%$1.5M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0418% / S −0.0217%1h4.6650−2.894%$62K50xas long as short