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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0493%/8h= +53.9% APRnext payment +$2.46 per $10,000 · paid last 24h +0.084%
Price spread now: Phemex against Orderly+0.088%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 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 for this trade now. Funding pays +$15 a day on $10k at the current rate, and Phemex is 0.088% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_LIT_USDC4.7758−0.0393get 0.0196% / 4h3h 26m$33K$31310x
ShortPhemex LITUSDT4.78000.0100get 0.0050% / 4h3h 26m$1.4M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Orderly. 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
$103.44
Price spread: +0.088% → 0.000%
$8.79
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Phemex: 6 bp × 2 orders
−$12
Net
$94.24
Costs to cover
0.180%
Break-even
0.6 days
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 2 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 Orderly no order-book sample
Sell Phemex live order book, 2 min ago3.14 bp33.8 bp −$34doesn't fitdoesn't fitdoesn't fit
Orderly: 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
GRVT LIT_USDT_Perp−0.0482%4h4.7728−0.063%$881K$2.0M10xas long as short
01 Exchange LITUSD−0.0472%1h4.7892+0.281%$31K$3K5xas long as short
Orderly PERP_LIT_USDClong−0.0393%4h4.7758long leg$33K$31310x
Deribit LIT_USDC-PERPETUAL−0.0321%1h4.7822+0.134%$42K$39K10xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.7938+0.377%$607K$348K50xas long as short
Gate LIT_USDT−0.0258%4h4.7840+0.172%$2.8M$4.0M50xas long as short
Bullet LIT-USD−0.0235%1h4.7825+0.140%$86K$66K20xas long as short
ApeX Omni LITUSDT−0.0170%1h4.7690−0.142%$57K$75K50xas long as short
OKX LIT-USDT-SWAP−0.0160%4h4.7852+0.197%$25.9M$58.8M50xas long as short
Backpack LIT_USDC_PERP−0.0089%1h4.7836+0.163%$682K$985K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit LITUSDT−0.0067%4h4.7843+0.178%$41.6M$27.1M75xas long as short
dYdX LIT-USD0.0000%1h4.7812+0.113%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.7766+0.016%$35K150xas long as short
Phoenix LIT+0.0017%1h4.7718−0.084%$205K$288K5xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+0.590%$422$178K5.5xas long as short
Nado LIT-PERP+0.0040%1h4.7800+0.088%$2.1M$1.6M10xas long as short
Lighter LIT+0.0096%1h4.7843+0.178%$59.6M$26.1M5xas long as short
Lighter RH LIT+0.0096%1h4.7873+0.241%$3.7M$12.2M5xas long as short
Paradex LIT-USD-PERP+0.0096%8h4.7826+0.143%$7K$2K5xas long as short
Hyperliquid LIT+0.0100%1h4.7863+0.220%$216.0M$38.4M5xas long as short
Pacifica LIT+0.0100%1h4.7842+0.177%$650K$1.7M10xas long as short
Binance LITUSDT+0.0100%4h4.7806+0.101%$76.8M$73.1M75xas long as short
Arcus LIT-USD+0.0100%1h4.7853+0.199%$125K$419K5xas long as short
MEXC LIT_USDT+0.0100%4h4.7831+0.153%$6.2M$4.0M100xas long as short
KuCoin LITUSDTM+0.0100%4h4.7828+0.147%$5.4M$867K30xas long as short
Bitget LITUSDT+0.0100%4h4.7830+0.151%$6.8M$2.4M20xas long as short
edgeX LITUSDC+0.0100%4h4.7711−0.098%$292K$304K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7840+0.172%$446K$85K10xas long as short
Derive LIT-PERP+0.0100%1h4.7720−0.080%$2K$9616.7xas long as short
SunX LIT-USDT+0.0100%4h4.7802+0.092%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7830+0.151%$1K$332K5xas long as short
HTX LIT-USDT+0.0100%4h4.7866+0.226%$192K$305K30xas long as short
Phemex LITUSDTshort+0.0100%4h4.7800+0.088%$1.4M$2.7M20x
Bulk LIT-USD+0.0100%1h4.7738−0.042%$121K$2K10xas long as short
Extended LIT-USD+0.0104%1h4.7806+0.101%$5.1M$5.1M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7804+0.097%$149K3xas long as short
RISEx LIT/USDC+0.0118%1h4.7879+0.252%$820K$2.4M5xas long as short
Aster LITUSDT+0.0275%4h4.7867+0.229%$12.8M$2.0M50xas long as short
Perpl LIT+0.0335%43m4.7824+0.139%$32K$627K33xas long as short
BloFin LIT-USDT+0.0340%4h4.7792+0.071%$1.6M$2.3M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0425% / S −0.0217%1h4.7843+0.178%$64K50xas long as short
Aftermath Perps LITUSD+0.0460%1h4.7850+0.193%$10K$197K10xas long as short