Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0417%/8h= +45.7% APRpaid last 24h +0.102%

Price spread now: edgeX against Bullet+0.219%67s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.219% dearer against Bullet than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 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	Bullet LIT-USD	4.6745	−0.0317	get 0.0040% / 1h	51m 44s	$84K	$68K	20x
Short	edgeX LITUSDC	4.6847	0.0100	get 0.0050% / 4h	51m 44s	$285K	$303K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bullet. 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 BulletbpFee edgeXbpOrdersPrice spread, now +0.219%Rate

Funding earned: $87.56
Price spread: +0.219% → 0.000%: $21.92
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $92.48
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Bullet: no order-book sample; edgeX: live order book, 6 min ago. Net counts fees only.

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 Bullet no order-book sample	—	—	—	—	—
Sell edgeX live order book, 6 min ago	5.68 bp	11.1 bp −$11	doesn't fit	doesn't fit	doesn't fit

Bullet: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0656%	1h	4.6734	−0.023%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0480%	1h	4.6697	−0.103%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0385%	4h	4.6719	−0.056%	$32K	$1K	10x	as long as short
Bullet LIT-USDlong	−0.0317%	1h	4.6745	long leg	$84K	$68K	20x
Coinbase International LIT-PERP-INTX	−0.0192%	1h	4.6848	+0.219%	$612K	$404K	50x	as long as short
Gate LIT_USDT	−0.0184%	4h	4.6820	+0.161%	$2.7M	$4.2M	50x	as long as short
ApeX Omni LITUSDT	−0.0152%	1h	4.6820	+0.161%	$56K	$76K	50x	as long as short
Backpack LIT_USDC_PERP	−0.0125%	1h	4.6779	+0.073%	$663K	$1.4M	5x	as long as short
Phemex LITUSDT	−0.0117%	4h	4.6750	+0.011%	$1.3M	$2.8M	20x	as long as short
Phoenix LIT	−0.0034%	1h	4.6943	+0.424%	$202K	$305K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0017%	4h	4.6790	+0.096%	$41.4M	$28.5M	75x	as long as short
KuCoin LITUSDTM	−0.0012%	4h	4.6835	+0.193%	$5.2M	$1.0M	30x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6804	+0.126%	$25.2M	$61.4M	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6782	+0.079%	$34K	—	5x	as long as short
Polymarket Perps LIT-USD	+0.0003%	1h	4.6761	+0.034%	$437K	$109K	10x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.6800	+0.117%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.770%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0059%	8h	4.6758	+0.029%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0073%	1h	4.6810	+0.140%	$781K	$2.1M	5x	as long as short
GRVT LIT_USDT_Perp	+0.0076%	4h	4.6832	+0.186%	$915K	$1.8M	10x	as long as short
Extended LIT-USD	+0.0080%	1h	4.6779	+0.073%	$5.1M	$5.0M	25x	as long as short
Lighter LIT	+0.0096%	1h	4.6825	+0.171%	$58.3M	$28.5M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.6838	+0.199%	$3.6M	$13.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6736	−0.019%	$2.1M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6828	+0.179%	$209.3M	$41.8M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6799	+0.116%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6791	+0.099%	$74.7M	$79.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6799	+0.116%	$122K	$453K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6887	+0.304%	$117K	$973	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6756	+0.024%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6800	+0.118%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.6847	+0.219%	$285K	$303K	10x
Derive LIT-PERP	+0.0100%	1h	4.6766	+0.045%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6756	+0.024%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6760	+0.032%	$2K	$397K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6799	+0.116%	$198K	$388K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6739	−0.014%	$146K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0148%	1h	4.6874	+0.275%	$8K	$206K	10x	as long as short
Aster LITUSDT	+0.0192%	4h	4.6831	+0.184%	$12.5M	$2.0M	50x	as long as short
Perpl LIT	+0.0335%	43m	4.6784	+0.082%	$31K	$793K	33x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6895	+0.321%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0418% / S −0.0217%	1h	4.6767	+0.047%	$62K	—	50x	as long as short