Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.052%

Price spread now: Paradex against Bybit−0.086%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Paradex is 0.086% cheaper against Bybit than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 28 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7030	−0.0179	get 0.0089% / 4h	3h 58m	$41.2M	$28.9M	75x
Short	Paradex LIT-USD-PERP	4.6990	0.0070	get 0.0070% / 8h	3h 58m	$6K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.086%Rate

Funding earned: $52.27
Price spread: −0.086% → 0.000%: −$8.6
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $28.67
Costs to cover: 0.150%
Break-even: 3.2 days

Slippage unknown: Bybit: live order book, 5 min ago; Paradex: no order-book sample. 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 Bybit live order book, 5 min ago	1.06 bp	16.3 bp −$16	46.7 bp −$467	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Gate LIT_USDT	−0.0434%	4h	4.7080	+0.106%	$2.7M	$4.2M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0394%	4h	4.7024	−0.013%	$32K	$1K	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0368%	1h	4.7060	+0.064%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0344%	1h	4.7012	−0.038%	$33K	$3K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0306%	1h	4.7052	+0.047%	$661K	$1.4M	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.268%	$613K	$352K	50x	as long as short
Bybit LITUSDTlong	−0.0179%	4h	4.7030	long leg	$41.2M	$28.9M	75x
Phemex LITUSDT	−0.0101%	4h	4.7030	0.000%	$1.3M	$2.8M	20x	as long as short
Nado LIT-PERP	−0.0074%	1h	4.7115	+0.182%	$2.2M	$1.7M	10x	as long as short
Bullet LIT-USD	−0.0053%	1h	4.7084	+0.115%	$84K	$68K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	−0.0034%	1h	4.7099	+0.147%	$203K	$297K	5x	as long as short
RISEx LIT/USDC	−0.0008%	1h	4.7084	+0.114%	$785K	$2.1M	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7102	+0.152%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7127	+0.207%	$11K	—	150x	as long as short
OKX LIT-USDT-SWAP	+0.0004%	4h	4.7015	−0.032%	$25.3M	$61.2M	50x	as long as short
KuCoin LITUSDTM	+0.0012%	4h	4.7044	+0.030%	$5.2M	$1.0M	30x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.148%	$422	$178K	5.5x	as long as short
Aftermath Perps LITUSD	+0.0049%	1h	4.7109	+0.169%	$10K	$204K	10x	as long as short
ApeX Omni LITUSDT	+0.0067%	1h	4.7080	+0.106%	$56K	$76K	50x	as long as short
Paradex LIT-USD-PERPshort	+0.0070%	8h	4.6990	−0.086%	$6K	$2K	5x
Extended LIT-USD	+0.0080%	1h	4.7022	−0.017%	$5.2M	$5.0M	25x	as long as short
Lighter LIT	+0.0096%	1h	4.7101	+0.151%	$58.7M	$27.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7111	+0.171%	$210.3M	$42.1M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7065	+0.074%	$575K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7029	−0.002%	$75.3M	$79.3M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7074	+0.094%	$117K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	+0.060%	$120K	$4K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7030	0.000%	$5.6M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7100	+0.149%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7103	+0.156%	$288K	$306K	10x	as long as short
GRVT LIT_USDT_Perp	+0.0100%	4h	4.7089	+0.126%	$906K	$1.7M	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7101	+0.151%	$440K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7090	+0.128%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7096	+0.140%	$5K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7041	+0.023%	$1K	$387K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7182	+0.323%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7068	+0.080%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7149	+0.253%	$31K	$759K	33x	as long as short
Lighter RH LIT	+0.0168%	1h	4.7139	+0.232%	$3.8M	$13.0M	5x	as long as short
Aster LITUSDT	+0.0245%	4h	4.7107	+0.164%	$12.6M	$1.9M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7013	−0.036%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0436% / S −0.0231%	1h	4.7110	+0.171%	$65K	—	50x	as long as short