Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Bulk against Bitget+0.246%7-day average −0.021% · 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−$40as in the Price arb table

costs, in and out, $10k−$670.666% of the position

Long on Bitget Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.380%−$38 · spread now +0.246%, 7d avg −0.021%

Together, before fees−0.399%−$40 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.266% dearer against Bitget than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LITUSDT	4.7200	0.0100	pay 0.0050% / 4h	15m 59s	$6.7M	$2.8M	20x
Short	Bulk LIT-USD	4.7316	0.0100	get 0.0013% / 1h	15m 59s	$118K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Bitget. 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 BitgetbpFee BulkbpOrdersPrice spread, now +0.246%Rate

Funding earned: $0
Price spread: +0.246% → −0.021%: $26.64
Slippage, 4 orders: −$47.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$39.93
Costs to cover: 0.666%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Bulk: live order book, 63 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 Bitget live order book, 2 min ago	2.12 bp	23.4 bp −$23	106.8 bp −$1,068	doesn't fit	doesn't fit
Sell Bulk live order book, 63 min ago	0.96 bp	7.7 bp −$8	14.8 bp −$148	50.1 bp −$5,006	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
Gate LIT_USDT	−0.0822%	4h	4.7250	+0.106%	$2.8M	$4.6M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0804%	1h	4.7196	−0.008%	$41K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0551%	4h	4.7147	−0.112%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0528%	1h	4.7148	−0.110%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0361%	4h	4.7177	−0.049%	$25.6M	$63.8M	50x	as long as short
Bullet LIT-USD	−0.0334%	1h	4.7192	−0.017%	$84K	$80K	20x	as long as short
Phemex LITUSDT	−0.0299%	4h	4.7180	−0.042%	$1.4M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0186%	4h	4.7211	+0.023%	$5.2M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0120%	1h	4.7608	+0.865%	$673K	$402K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0070%	4h	4.7367	+0.353%	$908K	$1.8M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0050%	1h	4.7376	+0.373%	$205K	$353K	5x	as long as short
Perpl LIT	0.0000%	43m	4.7195	−0.010%	$33K	$850K	33x	as long as short
dYdX LIT-USD	+0.0001%	1h	4.7243	+0.091%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7237	+0.077%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0012%	1h	4.7223	+0.050%	$816K	$2.1M	5x	as long as short
Bybit LITUSDT	+0.0023%	4h	4.7191	−0.019%	$42.5M	$30.2M	75x	as long as short
Paradex LIT-USD-PERP	+0.0031%	8h	4.7160	−0.084%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.780%	$422	$178K	5.5x	as long as short
Lighter LIT	+0.0096%	1h	4.7273	+0.155%	$59.1M	$30.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7185	−0.032%	$2.2M	$1.7M	10x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7255	+0.117%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7202	+0.004%	$587K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7175	−0.053%	$75.2M	$81.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7197	−0.006%	$120K	$456K	5x	as long as short
Bulk LIT-USDshort	+0.0100%	1h	4.7316	+0.246%	$118K	$2K	10x
MEXC LIT_USDT	+0.0100%	4h	4.7176	−0.051%	$5.6M	$4.1M	100x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.7200	long leg	$6.7M	$2.8M	20x
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7218	+0.038%	$680K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7343	+0.302%	$288K	$311K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7390	+0.403%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7215	+0.032%	$446K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7229	+0.062%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7184	−0.034%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7203	+0.006%	$979	$470K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7201	+0.002%	$188K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7166	−0.072%	$5.2M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7175	−0.052%	$148K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0174%	1h	4.7332	+0.280%	$13K	$203K	10x	as long as short
Hyperliquid LIT	+0.0196%	1h	4.7272	+0.153%	$212.0M	$44.9M	5x	as long as short
Lighter RH LIT	+0.0224%	1h	4.7297	+0.206%	$3.7M	$14.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7067	−0.282%	$1.6M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0376% / S −0.0169%	1h	4.7238	+0.080%	$62K	—	50x	as long as short