Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.065%

Price spread now: Arcus against Bybit+0.116%7-day average +0.035% · 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−$55as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on Bybit Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.110%+$11 on $10k

Price spread, last 4 days (all we have)−0.601%−$60 · spread now +0.116%, 7d avg +0.035%

Together, before fees−0.492%−$49 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.081% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7430	0.0100	pay 0.0050% / 4h	1h 17m	$42.0M	$28.6M	75x
Short	Arcus LIT-USD	4.7485	0.0100	get 0.0013% / 1h	17m 11s	$124K	$454K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Bybit. 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 BybitbpFee ArcusbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → +0.035%: $8.14
Slippage, 4 orders: −$47.36
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$54.73
Costs to cover: 0.629%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Arcus: live order book, 46 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 Bybit live order book, 2 min ago	2.12 bp	19.9 bp −$20	51.5 bp −$515	doesn't fit	doesn't fit
Sell Arcus live order book, 46 min ago	4.90 bp	7.6 bp −$8	9.7 bp −$97	doesn't fit	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
Orderly PERP_LIT_USDC	−0.0379%	4h	4.7370	−0.127%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0306%	1h	4.7420	−0.021%	$42K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0296%	1h	4.7479	+0.103%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0234%	1h	4.7434	+0.009%	$85K	$68K	20x	as long as short
Phoenix LIT	−0.0085%	1h	4.7084	−0.729%	$203K	$341K	5x	as long as short
Gate LIT_USDT	−0.0068%	4h	4.7410	−0.042%	$2.8M	$4.3M	50x	as long as short
Phemex LITUSDT	−0.0029%	4h	4.7400	−0.063%	$1.4M	$2.8M	20x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6800	−1.329%	$611K	$411K	50x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7458	+0.059%	$11K	—	150x	as long as short
dYdX LIT-USD	+0.0006%	1h	4.7521	+0.192%	$34K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	+0.0027%	1h	4.7030	−0.843%	$56K	$76K	50x	as long as short
OKX LIT-USDT-SWAP	+0.0033%	4h	4.7432	+0.004%	$25.5M	$62.4M	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.286%	$422	$178K	5.5x	as long as short
KuCoin LITUSDTM	+0.0038%	4h	4.7474	+0.093%	$5.3M	$1.0M	30x	as long as short
GRVT LIT_USDT_Perp	+0.0072%	4h	4.7140	−0.612%	$909K	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0076%	8h	4.7458	+0.059%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7476	+0.097%	$59.2M	$28.8M	5x	as long as short
Lighter RH LIT	+0.0096%	1h	4.7496	+0.139%	$3.7M	$13.3M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.7512	+0.173%	$800K	$2.1M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7440	+0.021%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7505	+0.158%	$212.9M	$41.3M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7482	+0.110%	$587K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7439	+0.018%	$75.5M	$78.8M	75x	as long as short
Bybit LITUSDTlong	+0.0100%	4h	4.7430	long leg	$42.0M	$28.6M	75x
Arcus LIT-USDshort	+0.0100%	1h	4.7485	+0.116%	$124K	$454K	5x
Bulk LIT-USD	+0.0100%	1h	4.6864	−1.193%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7427	−0.006%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7460	+0.063%	$6.8M	$2.6M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7486	+0.118%	$675K	$1.4M	5x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7043	−0.816%	$286K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7453	+0.048%	$443K	$110K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7450	+0.042%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7408	−0.046%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7431	+0.002%	$2K	$403K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7363	−0.141%	$196K	$380K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7395	−0.073%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7408	−0.046%	$148K	—	3x	as long as short
Aftermath Perps LITUSD	+0.0165%	1h	4.7088	−0.721%	$9K	$205K	10x	as long as short
Aster LITUSDT	+0.0210%	4h	4.7513	+0.175%	$12.7M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7419	−0.023%	$1.6M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0417% / S −0.0212%	1h	4.7452	+0.046%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7467	+0.078%	$32K	$815K	33x	as long as short