Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0337%/8h= +36.9% APRpaid last 24h +0.051%

Price spread now: RISEx against Bybit+0.058%7-day average +0.016% · 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−$69as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on Bybit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.189%+$19 on $10k

Price spread, last 7 days−0.018%−$2 · spread now +0.058%, 7d avg +0.016%

Together, before fees+0.171%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and RISEx is 0.042% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit LITUSDT	4.7523	−0.0328	get 0.0164% / 4h	2h 23m	$43.0M	$30.6M	75x
Short	RISEx LIT/USDC	4.7551	0.0009	get 0.0001% / 1h	23m 55s	$818K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.058%Rate

Funding earned: $70.8
Price spread: +0.058% → +0.016%: $4.21
Slippage, 4 orders: −$55.73
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee RISEx: 3 bp × 2 orders: −$6
Net: $2.28
Costs to cover: 0.727%
Break-even: 6.8 days

Slippage from Bybit: live order book, 5 min ago; RISEx: live order book, 5 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, 5 min ago	1.05 bp	28.7 bp −$29	74.2 bp −$742	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	3.89 bp	7.2 bp −$7	31.6 bp −$316	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
Deribit LIT_USDC-PERPETUAL	−0.0809%	1h	4.7556	+0.069%	$42K	$40K	10x	as long as short
Gate LIT_USDT	−0.0676%	4h	4.7540	+0.036%	$2.8M	$4.5M	50x	as long as short
Orderly PERP_LIT_USDC	−0.0608%	4h	4.7501	−0.046%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0568%	1h	4.7470	−0.112%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0559%	4h	4.7540	+0.036%	$1.3M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0356%	1h	4.7570	+0.099%	$668K	$1.5M	5x	as long as short
Bullet LIT-USD	−0.0354%	1h	4.7547	+0.050%	$86K	$81K	20x	as long as short
Bybit LITUSDTlong	−0.0328%	4h	4.7523	long leg	$43.0M	$30.6M	75x
OKX LIT-USDT-SWAP	−0.0312%	4h	4.7520	−0.006%	$25.0M	$61.9M	50x	as long as short
KuCoin LITUSDTM	−0.0302%	4h	4.7583	+0.126%	$5.3M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perp	−0.0298%	4h	4.7580	+0.120%	$908K	$1.9M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7721	+0.417%	$660K	$404K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7626	+0.217%	$247K	$321K	5x	as long as short
Paradex LIT-USD-PERP	−0.0019%	8h	4.7505	−0.037%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7559	+0.076%	$34K	—	5x	as long as short
Extended LIT-USD	0.0000%	1h	4.7512	−0.024%	$5.3M	$5.1M	25x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7596	+0.153%	$35K	—	150x	as long as short
RISEx LIT/USDCshort	+0.0009%	1h	4.7551	+0.058%	$818K	$2.0M	5x
SoDEX LIT-USD	+0.0017%	1h	4.7542	+0.040%	$1K	$487K	5x	as long as short
Nado LIT-PERP	+0.0018%	1h	4.7500	−0.048%	$2.1M	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.088%	$422	$178K	5.5x	as long as short
edgeX LITUSDC	+0.0033%	4h	4.7572	+0.103%	$289K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0034%	4h	4.7508	−0.032%	$5.8M	$4.2M	100x	as long as short
Polymarket Perps LIT-USD	+0.0035%	1h	4.7546	+0.048%	$449K	$105K	10x	as long as short
Binance LITUSDT	+0.0036%	4h	4.7513	−0.022%	$75.1M	$81.3M	75x	as long as short
Bulk LIT-USD	+0.0037%	1h	4.7479	−0.092%	$119K	$6K	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7551	+0.058%	$149K	$44K	3x	as long as short
Aftermath Perps LITUSD	+0.0077%	1h	4.7538	+0.031%	$12K	$199K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7613	+0.189%	$59.7M	$30.1M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7599	+0.160%	$211.4M	$45.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7580	+0.119%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7570	+0.099%	$583K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7533	+0.021%	$118K	$446K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7580	+0.120%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7580	+0.120%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7607	+0.176%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7581	+0.122%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7590	+0.141%	$190K	$329K	30x	as long as short
Perpl LIT	+0.0112%	43m	4.7577	+0.113%	$31K	$838K	33x	as long as short
BloFin LIT-USDT	+0.0138%	4h	4.7511	−0.025%	$1.5M	$2.1M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0358% / S −0.0155%	1h	4.7603	+0.169%	$60K	—	50x	as long as short
Lighter RH LIT	+0.0400%	1h	4.7631	+0.227%	$3.7M	$14.2M	5x	as long as short