Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.003%

Price spread now: OKX against Bullet−0.078%7-day average — · you buy dearer than you sell

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

Long on Bullet Short on OKX

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

Funding pays, the price is against you. OKX is 0.078% cheaper against Bullet than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 4.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet LIT-USD	4.7084	−0.0053	get 0.0007% / 1h	59m 01s	$84K	$68K	20x
Short	OKX LIT-USDT-SWAP	4.7047	0.0004	get 0.0002% / 4h	3h 59m	$25.3M	$61.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.078%Rate

Funding earned: $11.99
Price spread: −0.078% → 0.000%: −$7.83
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$13.84
Costs to cover: 0.180%
Break-even: 15.1 days

Slippage unknown: Bullet: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago	0.11 bp	11.0 bp −$11	30.2 bp −$302	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
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7024	−0.127%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0376%	1h	4.7050	−0.072%	$33K	$3K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0368%	1h	4.7060	−0.050%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0306%	1h	4.7052	−0.068%	$661K	$1.4M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.382%	$613K	$352K	50x	as long as short
Gate LIT_USDT	−0.0122%	4h	4.7090	+0.013%	$2.7M	$4.2M	50x	as long as short
Phemex LITUSDT	−0.0101%	4h	4.7030	−0.114%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	−0.0074%	1h	4.7115	+0.067%	$2.2M	$1.7M	10x	as long as short
Bullet LIT-USDlong	−0.0053%	1h	4.7084	long leg	$84K	$68K	20x
Phoenix LIT	−0.0034%	1h	4.7099	+0.032%	$203K	$297K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx LIT/USDC	−0.0008%	1h	4.7118	+0.073%	$786K	$2.1M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7181	+0.206%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7127	+0.092%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAPshort	+0.0004%	4h	4.7047	−0.078%	$25.3M	$61.2M	50x
KuCoin LITUSDTM	+0.0014%	4h	4.7046	−0.080%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.031%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0049%	1h	4.7109	+0.054%	$10K	$204K	10x	as long as short
ApeX Omni LITUSDT	+0.0067%	1h	4.7080	−0.008%	$56K	$76K	50x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.7067	−0.035%	$6K	$2K	5x	as long as short
Extended LIT-USD	+0.0080%	1h	4.7017	−0.142%	$5.2M	$5.0M	25x	as long as short
Lighter LIT	+0.0096%	1h	4.7109	+0.053%	$58.7M	$27.9M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7131	+0.100%	$3.8M	$13.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7101	+0.036%	$210.3M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7143	+0.126%	$576K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7033	−0.108%	$75.3M	$79.3M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7026	−0.123%	$41.2M	$28.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7122	+0.081%	$118K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	−0.055%	$120K	$4K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7028	−0.119%	$5.6M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7110	+0.056%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7103	+0.041%	$288K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7089	+0.011%	$906K	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7101	+0.036%	$440K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7090	+0.013%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7096	+0.026%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7041	−0.091%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7182	+0.208%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7068	−0.034%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7149	+0.138%	$31K	$759K	33x	as long as short
Aster LITUSDT	+0.0249%	4h	4.7108	+0.052%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7013	−0.150%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7110	+0.056%	$65K	—	50x	as long as short