Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.088%

Price spread now: OKX against Arcus+0.027%7-day average −0.040% · 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−$32as in the Price arb table

costs, in and out, $10k−$390.386% of the position

Long on Arcus Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.183%−$18 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.027%, 7d avg −0.040%

Together, before fees−0.093%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.068% dearer against Arcus than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.040%): +$7 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 3 days (−0.183% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7338	0.0100	pay 0.0013% / 1h	35m 21s	$117K	$447K	5x
Short	OKX LIT-USDT-SWAP	4.7351	−0.0302	pay 0.0151% / 4h	2h 35m	$24.9M	$61.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$84.35
Price spread: +0.027% → −0.040%: $6.78
Slippage, 4 orders: −$24.09
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$116.16
Costs to cover: 0.386%
Break-even: never at this rate

Slippage from Arcus: live order book, 53 min ago; OKX: live order book, 3 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, 53 min ago	5.08 bp	10.6 bp −$11	15.2 bp −$152	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.10 bp	11.9 bp −$12	37.0 bp −$370	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	−0.0884%	1h	4.7371	+0.071%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0728%	4h	4.7350	+0.025%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0595%	4h	4.7302	−0.076%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0592%	1h	4.7298	−0.084%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0483%	1h	4.7372	+0.072%	$665K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0422%	4h	4.7320	−0.038%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0381%	1h	4.7337	−0.001%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0316%	4h	4.7365	+0.057%	$5.3M	$1.1M	30x	as long as short
Bybit LITUSDT	−0.0313%	4h	4.7350	+0.025%	$42.9M	$30.5M	75x	as long as short
GRVT LIT_USDT_Perp	−0.0302%	4h	4.7333	−0.010%	$891K	$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
OKX LIT-USDT-SWAPshort	−0.0302%	4h	4.7351	+0.027%	$24.9M	$61.3M	50x
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7487	+0.314%	$657K	$402K	50x	as long as short
Extended LIT-USD	−0.0056%	1h	4.7340	+0.003%	$5.2M	$5.1M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7492	+0.325%	$246K	$321K	5x	as long as short
SoDEX LIT-USD	−0.0036%	1h	4.7345	+0.015%	$981	$486K	5x	as long as short
Paradex LIT-USD-PERP	−0.0034%	8h	4.7258	−0.170%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7376	+0.081%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7385	+0.100%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7373	+0.073%	$815K	$2.0M	5x	as long as short
Bulk LIT-USD	+0.0018%	1h	4.7345	+0.015%	$119K	$6K	10x	as long as short
Polymarket Perps LIT-USD	+0.0027%	1h	4.7358	+0.042%	$447K	$105K	10x	as long as short
Binance LITUSDT	+0.0027%	4h	4.7345	+0.015%	$74.8M	$81.0M	75x	as long as short
MEXC LIT_USDT	+0.0028%	4h	4.7323	−0.032%	$5.8M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0031%	4h	4.7370	+0.068%	$288K	$310K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.483%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0034%	1h	4.7285	−0.112%	$2.1M	$1.7M	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7321	−0.037%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7366	+0.059%	$59.4M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7381	+0.091%	$210.6M	$44.6M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7376	+0.081%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7334	−0.008%	$584K	$1.8M	10x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7338	long leg	$117K	$447K	5x
Bitget LITUSDT	+0.0100%	4h	4.7370	+0.068%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7400	+0.131%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7404	+0.139%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7411	+0.154%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7600	+0.553%	$190K	$329K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7370	+0.069%	$31K	$843K	33x	as long as short
BloFin LIT-USDT	+0.0116%	4h	4.7323	−0.032%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0176%	1h	4.7403	+0.137%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7382	+0.093%	$3.7M	$14.2M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0358% / S −0.0155%	1h	4.7398	+0.126%	$59K	—	50x	as long as short