Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0818%/8h= +89.6% APRpaid last 24h +0.217%

Price spread now: edgeX against Deribit−0.374%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Funding pays, the price is against you. edgeX is 0.374% cheaper against Deribit than usual: you would sell low and buy high (spread −0.374% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 37 hours of funding at the current rate (+$25 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit LIT_USDC-PERPETUAL	4.7682	−0.0718	get 0.0090% / 1h	16m 43s	$42K	$40K	10x
Short	edgeX LITUSDC	4.7504	0.0100	get 0.0050% / 4h	3h 16m	$289K	$308K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now −0.374%Rate

Funding earned: $171.78
Price spread: −0.374% → 0.000%: −$37.36
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $118.41
Costs to cover: 0.160%
Break-even: 2.2 days

Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 56 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 Deribit no order-book sample	—	—	—	—	—
Sell edgeX live order book, 56 min ago	5.19 bp	10.6 bp −$11	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
Deribit LIT_USDC-PERPETUALlong	−0.0718%	1h	4.7682	long leg	$42K	$40K	10x
Orderly PERP_LIT_USDC	−0.0489%	4h	4.7608	−0.155%	$33K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0424%	1h	4.7574	−0.227%	$33K	$4K	5x	as long as short
Bullet LIT-USD	−0.0351%	1h	4.7638	−0.093%	$85K	$72K	20x	as long as short
ApeX Omni LITUSDT	−0.0216%	1h	4.7530	−0.319%	$57K	$77K	50x	as long as short
OKX LIT-USDT-SWAP	−0.0202%	4h	4.7680	−0.004%	$25.9M	$63.8M	50x	as long as short
KuCoin LITUSDTM	−0.0130%	4h	4.7625	−0.120%	$5.3M	$1.1M	30x	as long as short
Coinbase International LIT-PERP-INTX	−0.0088%	1h	4.7644	−0.079%	$674K	$391K	50x	as long as short
GRVT LIT_USDT_Perp	−0.0064%	4h	4.7540	−0.298%	$909K	$1.8M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7641	−0.086%	$207K	$361K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl LIT	0.0000%	43m	4.7666	−0.034%	$32K	$853K	33x	as long as short
dYdX LIT-USD	+0.0003%	1h	4.7732	+0.106%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7719	+0.077%	$11K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.751%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0043%	1h	4.7641	−0.085%	$2.2M	$1.7M	10x	as long as short
Paradex LIT-USD-PERP	+0.0045%	8h	4.7586	−0.201%	$7K	$2K	5x	as long as short
Polymarket Perps LIT-USD	+0.0091%	1h	4.7656	−0.055%	$450K	$104K	10x	as long as short
Lighter LIT	+0.0096%	1h	4.7749	+0.141%	$59.7M	$30.0M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7697	+0.031%	$12.7M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7707	+0.051%	$591K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7662	−0.042%	$76.1M	$80.2M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7660	−0.046%	$42.9M	$29.7M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7641	−0.086%	$118K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7476	−0.432%	$119K	$1K	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7640	−0.088%	$2.8M	$4.5M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7635	−0.099%	$5.6M	$4.2M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7720	+0.080%	$6.8M	$2.7M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7692	+0.021%	$691K	$1.4M	5x	as long as short
edgeX LITUSDCshort	+0.0100%	4h	4.7504	−0.374%	$289K	$308K	10x
Derive LIT-PERP	+0.0100%	1h	4.7715	+0.068%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7621	−0.128%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7675	−0.015%	$988	$453K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7673	−0.019%	$190K	$346K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7620	−0.130%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7619	−0.133%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7657	−0.052%	$149K	—	3x	as long as short
RISEx LIT/USDC	+0.0119%	1h	4.7668	−0.030%	$794K	$2.0M	5x	as long as short
Lighter RH LIT	+0.0184%	1h	4.7772	+0.189%	$3.7M	$13.7M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7632	−0.105%	$1.6M	$2.0M	75x	as long as short
Hyperliquid LIT	+0.0343%	1h	4.7785	+0.216%	$214.5M	$43.9M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0399% / S −0.0188%	1h	4.7694	+0.025%	$64K	—	50x	as long as short
Aftermath Perps LITUSD	+0.0403%	1h	4.7603	−0.165%	$9K	$203K	10x	as long as short