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

LIT

all LIT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:03 UTC−0.0235%/8h= −25.7% APRpaid last 24h −0.038%
Price spread now: SunX against Perpl−0.231%52s7-day average −0.074% · 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 7 days+0.147%+$15 on $10k
Price spread, last 3 days (all we have)+0.168%+$17 · spread now −0.231%, 7d avg −0.074%
Together, before fees+0.315%+ Points / potential airdropPerpl: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.157% cheaper against Perpl than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.147%, so the current rate has only just turned against you. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.147% in total (about 7.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl LIT4.70430.0335pay 0.0030% / 43m29m 27s$31K$839K33x
ShortSunX LIT-USDT4.69340.0100get 0.0050% / 4h1h 16m$4K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Perpl. 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
−$49.33
Price spread: −0.231% → −0.074%
−$15.71
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$86.84
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: Perpl: no order-book sample; SunX: live order book, 7 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 Perpl no order-book sample
Sell SunX live order book, 7 min ago500.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Perpl: 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
Gate LIT_USDT−0.1290%4h4.7040−0.006%$2.8M$4.5M50xas long as short
Backpack LIT_USDC_PERP−0.0816%1h4.6963−0.169%$660K$1.4M5xas long as short
Deribit LIT_USDC-PERPETUAL−0.0696%1h4.6911−0.279%$41K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0625%4h4.6853−0.403%$32K$2K10xas long as short
01 Exchange LITUSD−0.0576%1h4.7008−0.074%$33K$4K5xas long as short
Phemex LITUSDT−0.0512%4h4.6900−0.303%$1.3M$2.7M20xas long as short
OKX LIT-USDT-SWAP−0.0472%4h4.7038−0.010%$25.3M$62.4M50xas long as short
Bullet LIT-USD−0.0334%1h4.7057+0.029%$84K$81K20xas long as short
Bybit LITUSDT−0.0292%4h4.7070+0.058%$42.5M$30.2M75xas long as short
KuCoin LITUSDTM−0.0272%4h4.6969−0.157%$5.2M$1.1M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps LITUSD−0.0226%1h4.6934−0.231%$10K$202K10xas long as short
GRVT LIT_USDT_Perp−0.0162%4h4.6860−0.388%$895K$1.8M10xas long as short
Coinbase International LIT-PERP-INTX−0.0152%1h4.7197+0.328%$668K$398K50xas long as short
RISEx LIT/USDC−0.0082%1h4.7065+0.048%$794K$2.1M5xas long as short
Phoenix LIT−0.0034%1h4.6887−0.331%$203K$327K5xas long as short
Nado LIT-PERP−0.0018%1h4.7030−0.026%$2.2M$1.7M10xas long as short
Paradex LIT-USD-PERP−0.0001%8h4.6991−0.109%$7K$2K5xas long as short
dYdX LIT-USD0.0000%1h4.7052+0.019%$34K5xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0003%1h4.6941−0.215%$35K150xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+2.120%$422$178K5.5xas long as short
MEXC LIT_USDT+0.0054%4h4.7025−0.038%$5.5M$4.2M100xas long as short
Binance LITUSDT+0.0056%4h4.7029−0.029%$74.7M$80.8M75xas long as short
edgeX LITUSDC+0.0057%4h4.6898−0.307%$285K$311K10xas long as short
Aevo LIT-PERP+0.0072%1h4.6876−0.355%$147K$44K3xas long as short
Lighter LIT+0.0096%1h4.7062+0.041%$59.3M$29.8M5xas long as short
Hyperliquid LIT+0.0100%1h4.7107+0.137%$210.3M$44.3M5xas long as short
Aster LITUSDT+0.0100%4h4.7072+0.063%$12.6M$2.4M50xas long as short
Pacifica LIT+0.0100%1h4.7043+0.001%$602K$1.7M10xas long as short
Arcus LIT-USD+0.0100%1h4.7048+0.011%$117K$450K5xas long as short
Bulk LIT-USD+0.0100%1h4.6888−0.329%$117K$5K10xas long as short
Bitget LITUSDT+0.0100%4h4.7090+0.101%$6.7M$2.7M20xas long as short
ApeX Omni LITUSDT+0.0100%1h4.6930−0.240%$55K$77K50xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7061+0.039%$445K$105K10xas long as short
Derive LIT-PERP+0.0100%1h4.6952−0.193%$2K$6506.7xas long as short
SunX LIT-USDTshort+0.0100%4h4.6934−0.231%$4K$1.2M20x
SoDEX LIT-USD+0.0100%1h4.6895−0.314%$995$464K5xas long as short
HTX LIT-USDT+0.0100%4h4.6951−0.195%$188K$329K30xas long as short
Extended LIT-USD+0.0104%1h4.7015−0.058%$5.2M$5.1M25xas long as short
Lighter RH LIT+0.0216%1h4.7087+0.094%$3.7M$13.8M5xas long as short
BloFin LIT-USDT+0.0216%4h4.6887−0.331%$1.5M$2.0M75xas long as short
Perpl LITlong+0.0335%43m4.7043long leg$31K$839K33x
GMX LIT/USD [ETH-USDC]L +0.0374% / S −0.0169%1h4.6946−0.206%$62K50xas long as short