Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against Bitget−0.353%54s7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$720.716% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.054%−$5 on $10k

Price spread, last 4 days (all we have)+0.389%+$39 · spread now −0.353%, 7d avg −0.028%

Together, before fees+0.335%+ Points / potential airdropedgeX: Active · farm board+$34 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: edgeX is 0.325% cheaper against Bitget than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.028%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget LITUSDT	4.6830	0.0100	pay 0.0050% / 4h	1h 44m	$6.7M	$2.6M	20x
Short	edgeX LITUSDC	4.6665	0.0100	get 0.0050% / 4h	1h 44m	$284K	$306K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.353%Rate

Funding earned: $0
Price spread: −0.353% → −0.028%: −$32.55
Slippage, 4 orders: −$50.64
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$104.19
Costs to cover: 0.716%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 18 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, 4 min ago	2.14 bp	22.5 bp −$23	127.0 bp −$1,270	doesn't fit	doesn't fit
Sell edgeX live order book, 18 min ago	5.22 bp	10.6 bp −$11	doesn't fit	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
Orderly PERP_LIT_USDC	−0.0398%	4h	4.6756	−0.158%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0363%	1h	4.6815	−0.032%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0349%	1h	4.6805	−0.053%	$84K	$67K	20x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.6796	−0.073%	$33K	$4K	5x	as long as short
ApeX Omni LITUSDT	−0.0160%	1h	4.6710	−0.256%	$56K	$77K	50x	as long as short
Gate LIT_USDT	−0.0094%	4h	4.6810	−0.043%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6728	−0.218%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−0.064%	$657K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0024%	4h	4.6853	+0.049%	$25.3M	$61.6M	50x	as long as short
KuCoin LITUSDTM	−0.0018%	4h	4.6783	−0.100%	$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
GRVT LIT_USDT_Perp	−0.0016%	4h	4.6690	−0.299%	$905K	$1.7M	10x	as long as short
Phemex LITUSDT	−0.0015%	4h	4.6810	−0.043%	$1.4M	$2.8M	20x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6828	−0.004%	$11K	—	150x	as long as short
Backpack LIT_USDC_PERP	+0.0011%	1h	4.6859	+0.062%	$679K	$1.4M	5x	as long as short
dYdX LIT-USD	+0.0016%	1h	4.6811	−0.040%	$34K	—	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.584%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0064%	8h	4.6780	−0.107%	$7K	$2K	5x	as long as short
Bulk LIT-USD	+0.0089%	1h	4.6805	−0.052%	$117K	$2K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.6854	+0.051%	$58.5M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6829	−0.002%	$781K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6815	−0.032%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6852	+0.047%	$209.3M	$41.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6831	+0.003%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6800	−0.064%	$74.3M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6810	−0.043%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6800	−0.064%	$117K	$446K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6782	−0.102%	$5.4M	$3.9M	100x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.6830	long leg	$6.7M	$2.6M	20x
edgeX LITUSDCshort	+0.0100%	4h	4.6665	−0.353%	$284K	$306K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.6846	+0.034%	$443K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6844	+0.030%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6768	−0.132%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6815	−0.032%	$1K	$418K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6874	+0.094%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6783	−0.100%	$5.1M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6794	−0.078%	$146K	—	3x	as long as short
Lighter RH LIT	+0.0128%	1h	4.6865	+0.075%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0169%	4h	4.6874	+0.094%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0251%	1h	4.6791	−0.083%	$9K	$210K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6784	−0.098%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0409% / S −0.0206%	1h	4.6829	−0.002%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6840	+0.022%	$31K	$831K	33x	as long as short