Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.012%

Price spread now: Paradex against Binance−0.075%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 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 −$2 a day on $10k at the current rate, and Paradex is 0.075% cheaper against Binance than usual: you would sell low and buy high (−$7 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	Binance LITUSDT	4.7668	0.0100	pay 0.0050% / 4h	3h 14m	$76.1M	$80.2M	75x
Short	Paradex LIT-USD-PERP	4.7632	0.0047	get 0.0047% / 8h	7h 14m	$7K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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 BinancebpFee ParadexbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$11.05
Price spread: −0.075% → 0.000%: −$7.48
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$32.53
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 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 Binance live order book, 13 min ago	0.42 bp	13.7 bp −$14	33.7 bp −$337	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
Deribit LIT_USDC-PERPETUAL	−0.0637%	1h	4.7757	+0.187%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0481%	4h	4.7645	−0.048%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0424%	1h	4.7639	−0.061%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0348%	1h	4.7678	+0.021%	$85K	$72K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0199%	4h	4.7734	+0.138%	$25.9M	$63.8M	50x	as long as short
ApeX Omni LITUSDT	−0.0190%	1h	4.7640	−0.059%	$57K	$77K	50x	as long as short
KuCoin LITUSDTM	−0.0130%	4h	4.7687	+0.040%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7722	+0.114%	$675K	$391K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.7630	−0.080%	$911K	$1.8M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7641	−0.057%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7700	+0.067%	$32K	$852K	33x	as long as short
dYdX LIT-USD	+0.0003%	1h	4.7692	+0.051%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7754	+0.181%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.780%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERPshort	+0.0047%	8h	4.7632	−0.075%	$7K	$2K	5x
Nado LIT-PERP	+0.0054%	1h	4.7630	−0.080%	$2.2M	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0093%	1h	4.7686	+0.038%	$451K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7715	+0.099%	$59.7M	$30.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7752	+0.176%	$12.8M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7686	+0.038%	$591K	$1.6M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7668	long leg	$76.1M	$80.2M	75x
Bybit LITUSDT	+0.0100%	4h	4.7710	+0.088%	$43.0M	$29.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7678	+0.021%	$118K	$449K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7476	−0.402%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7680	+0.025%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7659	−0.019%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7710	+0.088%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7769	+0.212%	$692K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7595	−0.153%	$290K	$309K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7790	+0.256%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7677	+0.019%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7741	+0.153%	$989	$453K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7716	+0.101%	$190K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7720	+0.109%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7625	−0.091%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7778	+0.231%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7703	+0.073%	$798K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0184%	1h	4.7742	+0.155%	$3.7M	$13.7M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7722	+0.113%	$1.6M	$2.0M	75x	as long as short
Hyperliquid LIT	+0.0344%	1h	4.7782	+0.239%	$214.5M	$43.9M	5x	as long as short
Aftermath Perps LITUSD	+0.0392%	1h	4.7639	−0.061%	$9K	$204K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0399% / S −0.0188%	1h	4.7723	+0.115%	$64K	—	50x	as long as short