Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h +0.103%

Price spread now: MEXC against Bullet+0.434%45s7-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 MEXC

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—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.434% dearer against Bullet than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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	4.8128	−0.0177	get 0.0022% / 1h	20m 30s	$86K	$66K	20x
Short	MEXC LIT_USDT	4.8337	0.0100	get 0.0050% / 4h	2h 20m	$6.0M	$3.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.434%Rate

Funding earned: $58.09
Price spread: +0.434% → 0.000%: $43.36
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $89.45
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bullet: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	0.10 bp	4.2 bp −$4	56.3 bp −$563	295.3 bp −$29.5K	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
Coinbase International LIT-PERP-INTX	−0.0448%	1h	4.8000	−0.267%	$607K	$366K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0356%	4h	4.8094	−0.071%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0232%	1h	4.8402	+0.569%	$32K	$4K	5x	as long as short
Phemex LITUSDT	−0.0210%	4h	4.8130	+0.004%	$1.4M	$2.8M	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0192%	1h	4.8168	+0.083%	$42K	$40K	10x	as long as short
Bullet LIT-USDlong	−0.0177%	1h	4.8128	long leg	$86K	$66K	20x
GRVT LIT_USDT_Perp	−0.0144%	4h	4.7790	−0.703%	$891K	$1.9M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0141%	4h	4.8403	+0.571%	$26.0M	$62.2M	50x	as long as short
Phoenix LIT	−0.0017%	1h	4.8141	+0.026%	$207K	$283K	5x	as long as short
RISEx LIT/USDC	−0.0012%	1h	4.8383	+0.529%	$841K	$2.2M	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX LIT-USD	0.0000%	1h	4.8371	+0.505%	$35K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.8167	+0.080%	$12K	—	150x	as long as short
Bybit LITUSDT	+0.0021%	4h	4.8400	+0.565%	$42.0M	$28.7M	75x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.183%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0040%	4h	4.8334	+0.427%	$5.4M	$1.0M	30x	as long as short
Paradex LIT-USD-PERP	+0.0094%	8h	4.8305	+0.367%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8374	+0.511%	$60.3M	$28.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8131	+0.006%	$2.2M	$1.7M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.8357	+0.475%	$585K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8383	+0.529%	$77.8M	$77.0M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.8363	+0.488%	$116K	$465K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7822	−0.636%	$119K	$7K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8320	+0.398%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDTshort	+0.0100%	4h	4.8337	+0.434%	$6.0M	$3.9M	100x
Bitget LITUSDT	+0.0100%	4h	4.8360	+0.481%	$6.9M	$2.5M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.8181	+0.110%	$675K	$1.1M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7756	−0.774%	$292K	$303K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7750	−0.786%	$57K	$74K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8134	+0.012%	$452K	$84K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8175	+0.096%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8115	−0.028%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8165	+0.076%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7893	−0.489%	$199K	$346K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8345	+0.450%	$5.3M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8130	+0.004%	$151K	—	3x	as long as short
Hyperliquid LIT	+0.0139%	1h	4.8423	+0.612%	$217.2M	$40.4M	5x	as long as short
Lighter RH LIT	+0.0208%	1h	4.8387	+0.538%	$3.7M	$13.2M	5x	as long as short
Aster LITUSDT	+0.0225%	4h	4.8436	+0.639%	$13.0M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0307%	1h	4.7801	−0.680%	$8K	$204K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8106	−0.046%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0442% / S −0.0231%	1h	4.8152	+0.050%	$67K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8130	+0.004%	$33K	$683K	33x	as long as short