Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h 0.000%

Price spread now: edgeX against Arcus+0.060%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Arcus Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.060%, 7d avg −0.024%

Together, before fees+0.009%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.084% dearer against Arcus than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.024%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7427	0.0100	pay 0.0013% / 1h	48m 49s	$118K	$444K	5x
Short	edgeX LITUSDC	4.7455	0.0053	get 0.0027% / 4h	2h 48m	$289K	$311K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Arcus. 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 ArcusbpFee edgeXbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$9.84
Price spread: +0.060% → −0.024%: $8.4
Slippage, 4 orders: −$27.84
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$42.78
Costs to cover: 0.413%
Break-even: never at this rate

Slippage from Arcus: live order book, 40 min ago; edgeX: live order book, 39 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 Arcus live order book, 40 min ago	5.08 bp	10.6 bp −$11	15.2 bp −$152	doesn't fit	doesn't fit
Sell edgeX live order book, 39 min ago	5.18 bp	11.6 bp −$12	doesn't fit	doesn't fit	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	−0.0908%	1h	4.7370	−0.121%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0672%	1h	4.7355	−0.152%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0626%	1h	4.7399	−0.059%	$666K	$1.5M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0573%	4h	4.7326	−0.213%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0504%	4h	4.7380	−0.099%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0461%	4h	4.7340	−0.183%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0328%	4h	4.7418	−0.019%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0301%	4h	4.7272	−0.327%	$25.1M	$60.6M	50x	as long as short
Bullet LIT-USD	−0.0274%	1h	4.7373	−0.114%	$85K	$81K	20x	as long as short
GRVT LIT_USDT_Perp	−0.0268%	4h	4.7401	−0.054%	$898K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0229%	4h	4.7300	−0.268%	$42.7M	$30.3M	75x	as long as short
Nado LIT-PERP	−0.0193%	1h	4.7395	−0.067%	$2.1M	$1.7M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.8452	+2.162%	$668K	$408K	50x	as long as short
Extended LIT-USD	−0.0088%	1h	4.7360	−0.140%	$5.2M	$5.1M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7435	+0.017%	$245K	$321K	5x	as long as short
SoDEX LIT-USD	−0.0045%	1h	4.7365	−0.131%	$981	$476K	5x	as long as short
Paradex LIT-USD-PERP	−0.0015%	8h	4.7385	−0.089%	$5K	$1K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7300	−0.267%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7426	−0.002%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7450	+0.048%	$816K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.293%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0041%	4h	4.7265	−0.342%	$74.7M	$80.7M	75x	as long as short
MEXC LIT_USDT	+0.0050%	4h	4.7349	−0.164%	$5.9M	$4.2M	100x	as long as short
edgeX LITUSDCshort	+0.0053%	4h	4.7455	+0.060%	$289K	$311K	10x
Aevo LIT-PERP	+0.0056%	1h	4.7341	−0.182%	$148K	$44K	3x	as long as short
Bulk LIT-USD	+0.0077%	1h	4.7397	−0.063%	$119K	$7K	10x	as long as short
Polymarket Perps LIT-USD	+0.0092%	1h	4.7444	+0.036%	$448K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7455	+0.059%	$59.6M	$29.6M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7422	−0.011%	$210.7M	$44.4M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7412	−0.032%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7335	−0.193%	$594K	$1.8M	10x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7427	long leg	$118K	$444K	5x
Bitget LITUSDT	+0.0100%	4h	4.7410	−0.036%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7450	+0.048%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7407	−0.042%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7446	+0.040%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7443	+0.034%	$189K	$330K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7455	+0.059%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0170%	4h	4.7362	−0.137%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0188%	1h	4.7521	+0.198%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0320%	1h	4.7477	+0.105%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0388% / S −0.0190%	1h	4.7416	−0.023%	$60K	—	50x	as long as short