Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0070%/8h= +7.6% APRpaid last 24h +0.001%

Price spread now: HTX against Bulk+0.651%7-day average +0.094% · 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−$23as in the Price arb table

costs, in and out, $10k−$780.785% of the position

Long on Bulk Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.037%+$4 on $10k

Price spread, last 3 days (all we have)−0.757%−$76 · spread now +0.651%, 7d avg +0.094%

Together, before fees−0.720%−$72 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.557% dearer against Bulk than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of +0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.6912	0.0030	pay 0.0004% / 1h	27m 55s	$117K	$1K	10x
Short	HTX LIT-USDT	4.7217	0.0100	get 0.0050% / 4h	2h 27m	$189K	$354K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bulk. 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 BulkbpFee HTXbpOrdersPrice spread, now +0.651%Rate

Funding earned: $14.63
Price spread: +0.651% → +0.094%: $55.72
Slippage, 4 orders: −$59.49
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee HTX: 6 bp × 2 orders: −$12
Net: −$8.14
Costs to cover: 0.785%
Break-even: 10.9 days

Slippage from Bulk: live order book, 41 min ago; HTX: live order book, 40 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 Bulk live order book, 41 min ago	0.42 bp	8.1 bp −$8	16.1 bp −$161	48.0 bp −$4,800	doesn't fit
Sell HTX live order book, 40 min ago	20.87 bp	31.6 bp −$32	162.7 bp −$1,627	doesn't fit	doesn't fit

LIT on 41 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	−0.0632%	1h	4.7203	+0.621%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0492%	1h	4.7385	+1.009%	$42K	$40K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0465%	4h	4.7300	+0.828%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0458%	1h	4.7327	+0.886%	$85K	$73K	20x	as long as short
ApeX Omni LITUSDT	−0.0193%	1h	4.7040	+0.274%	$56K	$77K	50x	as long as short
Gate LIT_USDT	−0.0170%	4h	4.7370	+0.977%	$2.8M	$4.3M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0152%	4h	4.7010	+0.210%	$904K	$1.8M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0152%	4h	4.7432	+1.109%	$25.7M	$64.0M	50x	as long as short
KuCoin LITUSDTM	−0.0140%	4h	4.7378	+0.994%	$5.3M	$1.1M	30x	as long as short
Phoenix LIT	−0.0102%	1h	4.7072	+0.342%	$203K	$352K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	+0.634%	$668K	$372K	50x	as long as short
Phemex LITUSDT	−0.0074%	4h	4.7360	+0.956%	$1.4M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0001%	1h	4.7435	+1.116%	$685K	$1.4M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7192	+0.598%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7394	+1.029%	$474	—	150x	as long as short
Bulk LIT-USDlong	+0.0030%	1h	4.6912	long leg	$117K	$1K	10x
Paradex LIT-USD-PERP	+0.0032%	8h	4.7221	+0.661%	$7K	$2K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.406%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0051%	4h	4.7400	+1.041%	$42.5M	$29.2M	75x	as long as short
SoDEX LIT-USD	+0.0060%	1h	4.7390	+1.020%	$1K	$450K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7301	+0.830%	$788K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7459	+1.167%	$59.4M	$29.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7490	+1.233%	$3.7M	$13.3M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7265	+0.754%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7458	+1.165%	$212.4M	$43.9M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7459	+1.168%	$12.7M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7245	+0.711%	$586K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7377	+0.992%	$75.6M	$80.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7257	+0.736%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7378	+0.994%	$5.5M	$4.1M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7430	+1.105%	$6.8M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7048	+0.291%	$286K	$306K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7294	+0.815%	$447K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7401	+1.043%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7308	+0.845%	$4K	$1.2M	20x	as long as short
HTX LIT-USDTshort	+0.0100%	4h	4.7217	+0.651%	$189K	$354K	30x
Extended LIT-USD	+0.0104%	1h	4.7393	+1.026%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7358	+0.953%	$148K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0264%	1h	4.7112	+0.428%	$9K	$211K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0407% / S −0.0199%	1h	4.7380	+1.000%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7366	+0.969%	$31K	$860K	33x	as long as short