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+0.0510%/8h= +55.9% APRnext payment +$0.64 per $10,000 · paid last 24h +0.056%
Price spread now: Aftermath Perps against Phoenix+0.031%63s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.302%+$30 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.031%, 7d avg −0.007%
Together, before fees+0.290%+$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aftermath Perps is 0.038% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.007%. 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
LongPhoenix LIT4.7286−0.0017get 0.0002% / 1h0m 06s$203K$299K5x
ShortAftermath Perps LITUSD4.73010.0494get 0.0062% / 1h0m 06s$9K$204K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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
$107.2
Price spread: +0.031% → −0.007%
$3.8
Slippage, 4 orders
−$72.7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$22.29
Costs to cover
0.887%
Break-even
5.5 days
Slippage from Phoenix: live order book, 51 min ago; Aftermath Perps: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 51 min ago1.90 bp16.1 bp −$1658.0 bp −$580doesn't fitdoesn't fit
Sell Aftermath Perps live order book, 54 min ago4.02 bp31.5 bp −$32doesn't fitdoesn't fitdoesn't fit

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
Deribit LIT_USDC-PERPETUAL−0.0604%1h4.7387+0.213%$42K$40K10xas long as short
Orderly PERP_LIT_USDC−0.0392%4h4.7323+0.078%$32K$1K10xas long as short
Phemex LITUSDT−0.0386%4h4.7350+0.135%$1.4M$2.8M20xas long as short
01 Exchange LITUSD−0.0384%1h4.7320+0.072%$31K$5K5xas long as short
Bullet LIT-USD−0.0343%1h4.7379+0.197%$85K$67K20xas long as short
Coinbase International LIT-PERP-INTX−0.0304%1h4.6877−0.866%$607K$354K50xas long as short
Bybit LITUSDT−0.0203%4h4.7390+0.220%$41.3M$28.6M75xas long as short
ApeX Omni LITUSDT−0.0143%1h4.7170−0.245%$56K$74K50xas long as short
OKX LIT-USDT-SWAP−0.0107%4h4.7368+0.173%$25.5M$60.5M50xas long as short
KuCoin LITUSDTM−0.0024%4h4.7395+0.231%$5.3M$1.0M30xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix LITlong−0.0017%1h4.7286long leg$203K$299K5x
RISEx LIT/USDC−0.0008%1h4.7367+0.171%$793K$2.2M5xas long as short
dYdX LIT-USD0.0000%1h4.7391+0.223%$34K5xas long as short
Perpl LIT0.0000%43m4.7400+0.240%$31K$704K33xas long as short
gTrade (Gains Network) LIT/USDL +0.0003% / S −0.0002%1h4.7418+0.279%$11K150xas long as short
GRVT LIT_USDT_Perp+0.0010%4h4.7206−0.170%$909K$1.8M10xas long as short
Injective LIT/USDC PERP+0.0033%1h4.8040+1.595%$422$178K5.5xas long as short
Paradex LIT-USD-PERP+0.0091%8h4.7315+0.062%$7K$2K5xas long as short
Lighter LIT+0.0096%1h4.7455+0.357%$59.2M$28.4M5xas long as short
Nado LIT-PERP+0.0100%1h4.7330+0.093%$2.2M$1.6M10xas long as short
Hyperliquid LIT+0.0100%1h4.7454+0.355%$211.9M$40.6M5xas long as short
Pacifica LIT+0.0100%1h4.7376+0.190%$577K$1.6M10xas long as short
Binance LITUSDT+0.0100%4h4.7377+0.192%$76.0M$77.6M75xas long as short
Arcus LIT-USD+0.0100%1h4.7347+0.129%$115K$451K5xas long as short
Bulk LIT-USD+0.0100%1h4.7207−0.167%$118K$8K10xas long as short
Gate LIT_USDT+0.0100%4h4.7390+0.220%$2.8M$4.3M50xas long as short
MEXC LIT_USDT+0.0100%4h4.7375+0.188%$5.8M$3.9M100xas long as short
Bitget LITUSDT+0.0100%4h4.7400+0.241%$6.8M$2.6M20xas long as short
Backpack LIT_USDC_PERP+0.0100%1h4.7412+0.266%$664K$1.2M5xas long as short
edgeX LITUSDC+0.0100%4h4.7216−0.147%$289K$305K10xas long as short
Polymarket Perps LIT-USD+0.0100%1h4.7374+0.186%$445K$87K10xas long as short
Derive LIT-PERP+0.0100%1h4.7419+0.280%$2K6.7xas long as short
SunX LIT-USDT+0.0100%4h4.7375+0.188%$4K$1.1M20xas long as short
SoDEX LIT-USD+0.0100%1h4.7399+0.239%$1K$349K5xas long as short
HTX LIT-USDT+0.0100%4h4.7426+0.296%$201K$348K30xas long as short
Lighter RH LIT+0.0104%1h4.7465+0.379%$3.8M$13.2M5xas long as short
Extended LIT-USD+0.0104%1h4.7370+0.178%$5.2M$4.9M25xas long as short
Aevo LIT-PERP+0.0104%1h4.7371+0.180%$148K3xas long as short
Aster LITUSDT+0.0234%4h4.7473+0.396%$12.7M$1.9M50xas long as short
BloFin LIT-USDT+0.0340%4h4.7260−0.055%$1.6M$1.9M75xas long as short
GMX LIT/USD [ETH-USDC]L +0.0438% / S −0.0231%1h4.7420+0.284%$66K50xas long as short
Aftermath Perps LITUSDshort+0.0494%1h4.7301+0.031%$9K$204K10x