Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.057%

Price spread now: SoDEX against Bybit−0.635%56s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$790.789% of the position

Long on Bybit Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.106%+$11 on $10k

Price spread, last 4 days (all we have)+0.637%+$64 · spread now −0.635%, 7d avg −0.020%

Together, before fees+0.744%+$74 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: SoDEX is 0.614% cheaper against Bybit than usual: you would sell low and buy high, −$61 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 56 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	Bybit LITUSDT	4.8379	0.0100	pay 0.0050% / 4h	3h 58m	$42.0M	$27.4M	75x
Short	SoDEX LIT-USD	4.8072	0.0100	get 0.0013% / 1h	58m 26s	$1K	$332K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.635%Rate

Funding earned: $0
Price spread: −0.635% → −0.020%: −$61.41
Slippage, 4 orders: −$59.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$140.31
Costs to cover: 0.789%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; SoDEX: live order book, 40 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	1.04 bp	20.0 bp −$20	54.3 bp −$543	doesn't fit	doesn't fit
Sell SoDEX live order book, 40 min ago	0.52 bp	19.9 bp −$20	51.9 bp −$519	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	−0.0362%	4h	4.8287	−0.190%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7968	−0.851%	$608K	$349K	50x	as long as short
Bullet LIT-USD	−0.0296%	1h	4.8077	−0.624%	$86K	$66K	20x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0289%	1h	4.8064	−0.652%	$42K	$39K	10x	as long as short
01 Exchange LITUSD	−0.0240%	1h	4.8337	−0.087%	$32K	$3K	5x	as long as short
Nado LIT-PERP	−0.0203%	1h	4.8336	−0.088%	$2.1M	$1.6M	10x	as long as short
OKX LIT-USDT-SWAP	−0.0156%	4h	4.8353	−0.054%	$26.1M	$59.9M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0088%	4h	4.8090	−0.597%	$889K	$2.0M	10x	as long as short
ApeX Omni LITUSDT	−0.0013%	1h	4.7980	−0.825%	$57K	$73K	50x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8283	−0.199%	$35K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8348	−0.063%	$36K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.701%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.7992	−0.800%	$206K	$287K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0062%	1h	4.8152	−0.469%	$687K	$992K	5x	as long as short
Paradex LIT-USD-PERP	+0.0095%	8h	4.8229	−0.309%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8319	−0.124%	$60.2M	$25.9M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.8282	−0.201%	$716K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.8309	−0.144%	$77.4M	$73.7M	75x	as long as short
Bybit LITUSDTlong	+0.0100%	4h	4.8379	long leg	$42.0M	$27.4M	75x
Arcus LIT-USD	+0.0100%	1h	4.8303	−0.157%	$128K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8183	−0.405%	$120K	−$0	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.8300	−0.163%	$2.8M	$4.0M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.8273	−0.219%	$6.1M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8285	−0.194%	$5.5M	$935K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8350	−0.060%	$6.9M	$2.4M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.7918	−0.954%	$293K	$303K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.8335	−0.091%	$450K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8084	−0.610%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7964	−0.858%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USDshort	+0.0100%	1h	4.8072	−0.635%	$1K	$332K	5x
HTX LIT-USDT	+0.0100%	4h	4.7986	−0.812%	$193K	$312K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.8070	−0.639%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.8236	−0.295%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8312	−0.139%	$151K	—	3x	as long as short
RISEx LIT/USDC	+0.0118%	1h	4.8321	−0.120%	$805K	$2.3M	5x	as long as short
Lighter RH LIT	+0.0192%	1h	4.8361	−0.037%	$3.7M	$12.1M	5x	as long as short
Aster LITUSDT	+0.0294%	4h	4.8358	−0.043%	$13.0M	$2.0M	50x	as long as short
Hyperliquid LIT	+0.0314%	1h	4.8389	+0.021%	$218.7M	$38.6M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8080	−0.618%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0427% / S −0.0217%	1h	4.8348	−0.064%	$65K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8377	−0.004%	$32K	$642K	33x	as long as short
Aftermath Perps LITUSD	+0.0494%	1h	4.8092	−0.594%	$9K	$203K	10x	as long as short