Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.006%

Price spread now: Paradex against Arcus−0.115%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Paradex is 0.115% cheaper against Arcus than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus LIT-USD	4.7028	0.0100	pay 0.0013% / 1h	36m 38s	$116K	$447K	5x
Short	Paradex LIT-USD-PERP	4.6974	−0.0004	pay 0.0004% / 8h	1h 36m	$6K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.115%Rate

Funding earned: −$21.87
Price spread: −0.115% → 0.000%: −$11.49
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$41.85
Costs to cover: 0.085%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 47 min ago; Paradex: no order-book sample. Net counts fees only.

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, 47 min ago	4.95 bp	7.8 bp −$8	12.6 bp −$126	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.1084%	4h	4.7080	+0.111%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0966%	1h	4.7054	+0.055%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0721%	1h	4.7090	+0.132%	$661K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0631%	4h	4.7002	−0.055%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0560%	1h	4.6915	−0.240%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0527%	4h	4.7040	+0.026%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0429%	4h	4.7000	−0.060%	$25.3M	$61.9M	50x	as long as short
Bullet LIT-USD	−0.0348%	1h	4.7050	+0.047%	$84K	$80K	20x	as long as short
Bybit LITUSDT	−0.0300%	4h	4.7010	−0.038%	$42.5M	$30.3M	75x	as long as short
KuCoin LITUSDTM	−0.0294%	4h	4.7105	+0.164%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0226%	1h	4.7140	+0.238%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0178%	4h	4.7130	+0.216%	$900K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.474%	$660K	$388K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.7028	+0.001%	$784K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0042%	1h	4.7040	+0.027%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7117	+0.189%	$245K	$327K	5x	as long as short
Paradex LIT-USD-PERPshort	−0.0004%	8h	4.6974	−0.115%	$6K	$2K	5x
dYdX LIT-USD	0.0000%	1h	4.7074	+0.098%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7123	+0.202%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.152%	$422	$178K	5.5x	as long as short
SoDEX LIT-USD	+0.0044%	1h	4.7055	+0.057%	$1K	$467K	5x	as long as short
Binance LITUSDT	+0.0057%	4h	4.6982	−0.098%	$74.5M	$81.0M	75x	as long as short
MEXC LIT_USDT	+0.0058%	4h	4.6982	−0.098%	$5.5M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0060%	4h	4.7140	+0.237%	$287K	$310K	10x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7050	+0.046%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7107	+0.168%	$59.2M	$29.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7116	+0.187%	$210.0M	$44.1M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7091	+0.134%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7060	+0.068%	$579K	$1.8M	10x	as long as short
Arcus LIT-USDlong	+0.0100%	1h	4.7028	long leg	$116K	$447K	5x
Bulk LIT-USD	+0.0100%	1h	4.7148	+0.255%	$118K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7030	+0.004%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	+0.217%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7072	+0.094%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7103	+0.160%	$2K	$729	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7063	+0.074%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7137	+0.232%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6980	−0.103%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0233%	4h	4.7034	+0.013%	$1.5M	$2.0M	75x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7136	+0.230%	$3.7M	$13.6M	5x	as long as short
Perpl LIT	+0.0335%	43m	4.7085	+0.120%	$31K	$840K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7104	+0.162%	$59K	—	50x	as long as short