Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0054%/8hnext payment −$0.27 per $10,000 · paid last 24h +0.032%

Price spread now: Bybit against OKX+0.008%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$500.505% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.008%, 7d avg −0.003%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.114%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX LIT-USDT-SWAP	4.7976	−0.0285	get 0.0142% / 4h	7m 37s	$25.6M	$60.6M	50x
Short	Bybit LITUSDT	4.7980	−0.0339	pay 0.0169% / 4h	7m 37s	$43.7M	$29.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$11.36
Price spread: +0.008% → −0.003%: $1.17
Slippage, 4 orders: −$29.49
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$60.67
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 6 min ago	0.10 bp	11.4 bp −$11	30.5 bp −$305	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.04 bp	8.5 bp −$8	46.9 bp −$469	385.1 bp −$38.5K	doesn't fit

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit LIT_USDC-PERPETUAL	−0.0904%	1h	4.7874	−0.213%	$32K	$22K	10x	as long as short
01 Exchange LITUSD	−0.0648%	1h	4.7919	−0.119%	$33K	$5K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0486%	4h	4.7806	−0.354%	$33K	$2K	10x	as long as short
Phemex LITUSDT	−0.0464%	4h	4.7890	−0.179%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0452%	1h	4.7880	−0.200%	$86K	$79K	20x	as long as short
Bybit LITUSDTshort	−0.0339%	4h	4.7980	+0.008%	$43.7M	$29.6M	75x
OKX LIT-USDT-SWAPlong	−0.0285%	4h	4.7976	long leg	$25.6M	$60.6M	50x
KuCoin LITUSDTM	−0.0244%	4h	4.7934	−0.088%	$5.3M	$1.1M	30x	as long as short
SoDEX LIT-USD	−0.0201%	1h	4.7870	−0.221%	$992	$479K	5x	as long as short
ApeX Omni LITUSDT	−0.0200%	1h	4.7920	−0.117%	$59K	$79K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.0160%	4h	4.7880	−0.200%	$2.8M	$4.7M	50x	as long as short
Phoenix LIT	−0.0084%	1h	4.8011	+0.073%	$248K	$280K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0048%	1h	4.8039	+0.131%	$663K	$415K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0018%	4h	4.7899	−0.159%	$898K	$1.9M	10x	as long as short
Paradex LIT-USD-PERP	−0.0012%	8h	4.7850	−0.263%	$5K	$1K	5x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7920	−0.117%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7917	−0.124%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0038%	1h	4.7760	−0.450%	$419	$125K	5.5x	as long as short
Bulk LIT-USD	+0.0046%	1h	4.7925	−0.107%	$121K	$7K	10x	as long as short
RISEx LIT/USDC	+0.0061%	1h	4.8001	+0.052%	$829K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0090%	1h	4.7888	−0.184%	$2.1M	$1.7M	10x	as long as short
Aftermath Perps LITUSD	+0.0094%	1h	4.7949	−0.057%	$11K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7965	−0.023%	$59.8M	$29.7M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7922	−0.113%	$212.6M	$45.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7933	−0.090%	$597K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7940	−0.075%	$75.3M	$80.2M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7919	−0.119%	$118K	$452K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7886	−0.188%	$6.3M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7940	−0.075%	$6.9M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7904	−0.150%	$670K	$1.5M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7913	−0.131%	$292K	$313K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7910	−0.138%	$452K	$106K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7911	−0.135%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7859	−0.244%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7924	−0.108%	$190K	$328K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7912	−0.134%	$5.4M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7794	−0.380%	$149K	$44K	3x	as long as short
Aster LITUSDT	+0.0151%	4h	4.7933	−0.089%	$12.8M	$2.6M	50x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7982	+0.013%	$3.8M	$13.9M	5x	as long as short
Perpl LIT	+0.0223%	43m	4.7907	−0.145%	$32K	$856K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7844	−0.275%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0428% / S −0.0232%	1h	4.7913	−0.132%	$60K	—	50x	as long as short