Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0192%/8h= −21.1% APRpaid last 24h −0.089%

Price spread now: RISEx against BloFin+0.013%97s7-day average +0.095% · 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—prices read too far apart to compare

costs, in and out, $10k−$280.283% of the position

Long on BloFin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.146%−$15 on $10k

Price spread, last 4 days (all we have)+0.228%+$23 · spread now +0.013%, 7d avg +0.095%

Together, before fees+0.082%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and RISEx is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.095%). Swap the legs. The two prices were read 97 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	BloFin LIT-USDT	4.7432	0.0340	pay 0.0170% / 4h	1h 31m	$1.6M	$2.3M	75x
Short	RISEx LIT/USDC	4.7438	0.0148	get 0.0018% / 1h	31m 27s	$794K	$2.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against BloFin. 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 BloFinbpFee RISExbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$40.42
Price spread: +0.013% → +0.095%: −$8.23
Slippage, 4 orders: −$10.27
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$76.92
Costs to cover: 0.283%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 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 BloFin live order book, 2 min ago	0.10 bp	11.3 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	1.05 bp	4.1 bp −$4	15.6 bp −$156	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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7761	+0.694%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0383%	4h	4.7359	−0.154%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7399	−0.070%	$31K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0248%	1h	4.7402	−0.064%	$42K	$40K	10x	as long as short
Bullet LIT-USD	−0.0234%	1h	4.7434	+0.004%	$85K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0170%	4h	4.7436	+0.008%	$25.4M	$60.7M	50x	as long as short
Backpack LIT_USDC_PERP	−0.0114%	1h	4.7402	−0.063%	$669K	$1.0M	5x	as long as short
GRVT LIT_USDT_Perp	−0.0084%	4h	4.7439	+0.016%	$881K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7391	−0.085%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7440	+0.017%	$11K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7486	+0.114%	$204K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.282%	$422	$178K	5.5x	as long as short
ApeX Omni LITUSDT	+0.0048%	1h	4.7410	−0.046%	$57K	$73K	50x	as long as short
Extended LIT-USD	+0.0072%	1h	4.7423	−0.019%	$5.1M	$5.2M	25x	as long as short
KuCoin LITUSDTM	+0.0082%	4h	4.7411	−0.044%	$5.3M	$982K	30x	as long as short
Bybit LITUSDT	+0.0087%	4h	4.7412	−0.042%	$41.1M	$28.4M	75x	as long as short
Phemex LITUSDT	+0.0088%	4h	4.7400	−0.067%	$1.3M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0090%	8h	4.7386	−0.096%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7481	+0.103%	$59.1M	$27.4M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7412	−0.041%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7458	+0.056%	$761K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7409	−0.048%	$75.9M	$76.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7436	+0.008%	$123K	$447K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7460	+0.059%	$2.7M	$4.1M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7422	−0.021%	$5.8M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7450	+0.038%	$6.8M	$2.5M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7436	+0.008%	$290K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7443	+0.023%	$445K	$83K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7664	+0.489%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7405	−0.057%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7395	−0.078%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7448	+0.034%	$198K	$317K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7420	−0.025%	$118K	$7K	10x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7395	−0.077%	$148K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7462	+0.064%	$31K	$677K	33x	as long as short
RISEx LIT/USDCshort	+0.0148%	1h	4.7438	+0.013%	$794K	$2.3M	5x
Aster LITUSDT	+0.0212%	4h	4.7476	+0.093%	$12.7M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0215%	1h	4.7567	+0.284%	$9K	$209K	10x	as long as short
Hyperliquid LIT	+0.0303%	1h	4.7515	+0.175%	$214.1M	$39.8M	5x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7464	+0.067%	$3.7M	$13.2M	5x	as long as short
BloFin LIT-USDTlong	+0.0340%	4h	4.7432	long leg	$1.6M	$2.3M	75x
GMX LIT/USD [ETH-USDC]	L +0.0423% / S −0.0217%	1h	4.7429	−0.007%	$63K	—	50x	as long as short