Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0182%/8h= −19.9% APRpaid last 24h −0.015%

Price spread now: RISEx against Bitget−0.021%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.021%, 7d avg −0.005%

Together, before fees+0.164%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.092%, 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	Bitget LITUSDT	4.7210	0.0100	pay 0.0050% / 4h	1h 43m	$6.7M	$2.7M	20x
Short	RISEx LIT/USDC	4.7200	−0.0082	pay 0.0010% / 1h	43m 31s	$786K	$2.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$38.15
Price spread: −0.021% → −0.005%: −$1.57
Slippage, 4 orders: −$31.96
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$89.68
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; RISEx: live order book, 5 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, 5 min ago	3.18 bp	16.9 bp −$17	99.1 bp −$991	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	1.38 bp	4.8 bp −$5	16.6 bp −$166	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
Gate LIT_USDT	−0.0968%	4h	4.7210	0.000%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0885%	1h	4.7101	−0.231%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0664%	1h	4.7166	−0.093%	$662K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0633%	4h	4.7053	−0.333%	$32K	$2K	10x	as long as short
Phemex LITUSDT	−0.0549%	4h	4.7100	−0.233%	$1.3M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0544%	1h	4.7122	−0.186%	$33K	$4K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0422%	4h	4.7154	−0.119%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0355%	1h	4.7091	−0.253%	$84K	$81K	20x	as long as short
Bybit LITUSDT	−0.0312%	4h	4.7180	−0.064%	$42.6M	$30.5M	75x	as long as short
KuCoin LITUSDTM	−0.0290%	4h	4.7221	+0.023%	$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	−0.0211%	1h	4.7119	−0.192%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0200%	4h	4.7104	−0.226%	$899K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+1.083%	$660K	$388K	50x	as long as short
RISEx LIT/USDCshort	−0.0082%	1h	4.7200	−0.021%	$786K	$2.1M	5x
Nado LIT-PERP	−0.0058%	1h	4.7168	−0.090%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7152	−0.123%	$245K	$327K	5x	as long as short
Paradex LIT-USD-PERP	−0.0002%	8h	4.7154	−0.118%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7235	+0.053%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7152	−0.123%	$35K	—	150x	as long as short
SoDEX LIT-USD	+0.0030%	1h	4.7115	−0.201%	$1K	$467K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.758%	$422	$178K	5.5x	as long as short
MEXC LIT_USDT	+0.0054%	4h	4.7172	−0.080%	$5.6M	$4.2M	100x	as long as short
edgeX LITUSDC	+0.0054%	4h	4.7112	−0.208%	$287K	$312K	10x	as long as short
Binance LITUSDT	+0.0055%	4h	4.7161	−0.104%	$74.8M	$81.1M	75x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.7108	−0.216%	$147K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7248	+0.080%	$59.4M	$29.4M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7259	+0.104%	$210.7M	$44.8M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7237	+0.057%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7225	+0.032%	$581K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7182	−0.059%	$116K	$447K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7055	−0.328%	$118K	$5K	10x	as long as short
Bitget LITUSDTlong	+0.0100%	4h	4.7210	long leg	$6.7M	$2.7M	20x
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−0.169%	$55K	$78K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7112	−0.208%	$445K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7148	−0.131%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7126	−0.178%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7147	−0.133%	$188K	$330K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7165	−0.095%	$5.2M	$5.1M	25x	as long as short
BloFin LIT-USDT	+0.0217%	4h	4.7085	−0.265%	$1.5M	$2.1M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.7127	−0.177%	$32K	$838K	33x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0356% / S −0.0155%	1h	4.7136	−0.157%	$59K	—	50x	as long as short
Lighter RH LIT	+0.0392%	1h	4.7274	+0.136%	$3.7M	$13.5M	5x	as long as short