Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0112%/8h= −12.2% APRpaid last 24h −0.016%

Price spread now: RISEx against Binance+0.079%7-day average +0.036% · 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−$30as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.118%+$12 on $10k

Price spread, last 7 days−0.045%−$4 · spread now +0.079%, 7d avg +0.036%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.043% dearer against Binance than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.036%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 4 days funding on this pair paid +0.118%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance LITUSDT	4.7446	0.0100	pay 0.0050% / 4h	2h 56m	$76.2M	$77.5M	75x
Short	RISEx LIT/USDC	4.7483	−0.0012	pay 0.0001% / 1h	56m 23s	$805K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$23.46
Price spread: +0.079% → +0.036%: $4.28
Slippage, 4 orders: −$17.91
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$53.09
Costs to cover: 0.339%
Break-even: never at this rate

Slippage from Binance: live order book, 16 min ago; RISEx: live order book, 2 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 Binance live order book, 16 min ago	0.11 bp	13.2 bp −$13	31.8 bp −$318	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	1.27 bp	4.3 bp −$4	14.5 bp −$145	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
01 Exchange LITUSD	−0.0480%	1h	4.7431	−0.032%	$31K	$5K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.6877	−1.200%	$607K	$354K	50x	as long as short
Phemex LITUSDT	−0.0412%	4h	4.7430	−0.034%	$1.4M	$2.8M	20x	as long as short
Orderly PERP_LIT_USDC	−0.0393%	4h	4.7421	−0.053%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0292%	1h	4.7453	+0.015%	$85K	$67K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0285%	1h	4.7464	+0.038%	$42K	$40K	10x	as long as short
Bybit LITUSDT	−0.0217%	4h	4.7460	+0.030%	$41.4M	$28.6M	75x	as long as short
OKX LIT-USDT-SWAP	−0.0121%	4h	4.7459	+0.027%	$25.5M	$60.5M	50x	as long as short
ApeX Omni LITUSDT	−0.0113%	1h	4.7350	−0.202%	$57K	$74K	50x	as long as short
KuCoin LITUSDTM	−0.0022%	4h	4.7465	+0.040%	$5.3M	$1.0M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0017%	1h	4.7422	−0.051%	$204K	$283K	5x	as long as short
RISEx LIT/USDCshort	−0.0012%	1h	4.7483	+0.079%	$805K	$2.2M	5x
dYdX LIT-USD	0.0000%	1h	4.7491	+0.096%	$34K	—	5x	as long as short
Perpl LIT	0.0000%	43m	4.7495	+0.103%	$31K	$703K	33x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7492	+0.096%	$11K	—	150x	as long as short
GRVT LIT_USDT_Perp	+0.0022%	4h	4.7300	−0.308%	$911K	$1.8M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.252%	$422	$178K	5.5x	as long as short
Polymarket Perps LIT-USD	+0.0043%	1h	4.7460	+0.030%	$446K	$86K	10x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7430	−0.033%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7517	+0.150%	$59.2M	$27.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7450	+0.008%	$2.2M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7528	+0.172%	$212.2M	$40.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7476	+0.063%	$579K	$1.6M	10x	as long as short
Binance LITUSDTlong	+0.0100%	4h	4.7446	long leg	$76.2M	$77.5M	75x
Arcus LIT-USD	+0.0100%	1h	4.7472	+0.055%	$116K	$451K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7207	−0.504%	$118K	$8K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7470	+0.051%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7443	−0.006%	$5.9M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7470	+0.051%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7480	+0.072%	$665K	$1.2M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7262	−0.388%	$289K	$306K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7488	+0.089%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7453	+0.015%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7461	+0.032%	$1K	$349K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7468	+0.046%	$201K	$348K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7442	−0.009%	$5.2M	$4.9M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7449	+0.007%	$148K	—	3x	as long as short
Lighter RH LIT	+0.0128%	1h	4.7517	+0.150%	$3.8M	$12.8M	5x	as long as short
Aster LITUSDT	+0.0233%	4h	4.7519	+0.154%	$12.7M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7443	−0.006%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0439% / S −0.0231%	1h	4.7490	+0.093%	$66K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0497%	1h	4.7396	−0.106%	$9K	$204K	10x	as long as short