Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h +0.001%

Price spread now: MEXC against Bulk−0.439%7-day average −0.042% · 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−$61as in the Price arb table

costs, in and out, $10k−$220.215% of the position

Long on Bulk Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.573%+$57 · spread now −0.439%, 7d avg −0.042%

Together, before fees+0.562%+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.397% cheaper against Bulk than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk LIT-USD	4.7397	0.0077	pay 0.0010% / 1h	47m 19s	$119K	$7K	10x
Short	MEXC LIT_USDT	4.7189	0.0040	get 0.0020% / 4h	2h 47m	$5.8M	$4.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.439%Rate

Funding earned: −$7.85
Price spread: −0.439% → −0.042%: −$39.7
Slippage, 4 orders: −$10.52
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$69.07
Costs to cover: 0.215%
Break-even: never at this rate

Slippage from Bulk: live order book, 41 min ago; MEXC: live order book, just now.

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	0.83 bp	6.6 bp −$7	15.3 bp −$153	44.7 bp −$4,473	doesn't fit
Sell MEXC live order book, just now	0.11 bp	3.9 bp −$4	48.1 bp −$481	306.5 bp −$30.7K	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
Deribit LIT_USDC-PERPETUAL	−0.1191%	1h	4.7115	−0.595%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0672%	1h	4.7166	−0.487%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0622%	1h	4.7316	−0.171%	$665K	$1.5M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0577%	4h	4.7059	−0.713%	$32K	$2K	10x	as long as short
Gate LIT_USDT	−0.0552%	4h	4.7230	−0.352%	$2.8M	$4.5M	50x	as long as short
Phemex LITUSDT	−0.0414%	4h	4.7150	−0.521%	$1.3M	$2.7M	20x	as long as short
KuCoin LITUSDTM	−0.0328%	4h	4.7253	−0.304%	$5.3M	$1.1M	30x	as long as short
Bullet LIT-USD	−0.0303%	1h	4.7188	−0.442%	$85K	$81K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0302%	4h	4.7104	−0.618%	$25.0M	$60.6M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0278%	4h	4.7360	−0.079%	$897K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0239%	4h	4.7110	−0.606%	$42.5M	$30.4M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7349	−0.102%	$653K	$399K	50x	as long as short
Nado LIT-PERP	−0.0150%	1h	4.7215	−0.384%	$2.1M	$1.7M	10x	as long as short
SoDEX LIT-USD	−0.0092%	1h	4.7112	−0.601%	$976	$484K	5x	as long as short
Extended LIT-USD	−0.0080%	1h	4.7116	−0.594%	$5.2M	$5.1M	25x	as long as short
Phoenix LIT	−0.0050%	1h	4.7435	+0.080%	$245K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0017%	8h	4.7217	−0.380%	$5K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7290	−0.225%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7244	−0.323%	$35K	—	150x	as long as short
RISEx LIT/USDC	+0.0009%	1h	4.7274	−0.260%	$813K	$2.0M	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.357%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0037%	4h	4.7159	−0.502%	$74.5M	$80.8M	75x	as long as short
MEXC LIT_USDTshort	+0.0040%	4h	4.7189	−0.439%	$5.8M	$4.2M	100x
Aevo LIT-PERP	+0.0048%	1h	4.7110	−0.605%	$147K	$44K	3x	as long as short
edgeX LITUSDC	+0.0051%	4h	4.7388	−0.019%	$288K	$312K	10x	as long as short
Polymarket Perps LIT-USD	+0.0070%	1h	4.7234	−0.344%	$446K	$105K	10x	as long as short
Bulk LIT-USDlong	+0.0077%	1h	4.7397	long leg	$119K	$7K	10x
Lighter LIT	+0.0096%	1h	4.7209	−0.397%	$59.2M	$29.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7252	−0.306%	$209.8M	$44.5M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7284	−0.238%	$12.6M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7278	−0.251%	$593K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7248	−0.314%	$117K	$442K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7140	−0.542%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7450	+0.112%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7166	−0.487%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7151	−0.519%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7273	−0.262%	$189K	$327K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7268	−0.271%	$31K	$844K	33x	as long as short
BloFin LIT-USDT	+0.0147%	4h	4.7025	−0.785%	$1.5M	$2.0M	75x	as long as short
Aftermath Perps LITUSD	+0.0185%	1h	4.7458	+0.128%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0320%	1h	4.7323	−0.156%	$3.7M	$14.1M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0387% / S −0.0190%	1h	4.7234	−0.344%	$59K	—	50x	as long as short