Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: SunX against dYdX−0.031%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on SunX

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—needs both histories

Funding pays, the price is against you. SunX is 0.031% cheaper against dYdX than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX LIT-USD	4.7212	0	get 0.0000% / 1h	49m 08s	$34K	—	5x
Short	SunX LIT-USDT	4.7198	0.0100	get 0.0050% / 4h	2h 49m	$5K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against dYdX. 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 dYdXbpFee SunXbpOrdersPrice spread, now −0.031%Rate

Funding earned: $21
Price spread: −0.031% → 0.000%: −$3.06
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$0.06
Costs to cover: 0.180%
Break-even: 7.0 days

Slippage unknown: dYdX: no order-book sample; SunX: live order book, 4 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 dYdX no order-book sample	—	—	—	—	—
Sell SunX live order book, 4 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

dYdX: 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-PERPETUAL	−0.0581%	1h	4.7132	−0.170%	$41K	$40K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.7127	−0.181%	$33K	$4K	5x	as long as short
Orderly PERP_LIT_USDC	−0.0469%	4h	4.7094	−0.251%	$32K	$2K	10x	as long as short
Bullet LIT-USD	−0.0413%	1h	4.7106	−0.225%	$85K	$72K	20x	as long as short
Backpack LIT_USDC_PERP	−0.0212%	1h	4.7157	−0.117%	$683K	$1.4M	5x	as long as short
OKX LIT-USDT-SWAP	−0.0175%	4h	4.7177	−0.075%	$25.6M	$64.0M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0152%	4h	4.6894	−0.674%	$899K	$1.8M	10x	as long as short
KuCoin LITUSDTM	−0.0126%	4h	4.7150	−0.132%	$5.3M	$1.1M	30x	as long as short
Gate LIT_USDT	−0.0110%	4h	4.7150	−0.132%	$2.8M	$4.2M	50x	as long as short
Phoenix LIT	−0.0102%	1h	4.6878	−0.708%	$203K	$352K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International LIT-PERP-INTX	−0.0080%	1h	4.7209	−0.008%	$668K	$387K	50x	as long as short
dYdX LIT-USDlong	0.0000%	1h	4.7212	long leg	$34K	—	5x
gTrade (Gains Network) LIT/USD	L +0.0003% / S 0.0000%	1h	4.7190	−0.048%	$472	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.753%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0041%	8h	4.7196	−0.034%	$7K	$2K	5x	as long as short
RISEx LIT/USDC	+0.0081%	1h	4.7200	−0.025%	$787K	$2.0M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7215	+0.005%	$59.1M	$29.2M	5x	as long as short
Bulk LIT-USD	+0.0096%	1h	4.6903	−0.655%	$117K	$1K	10x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7145	−0.143%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7232	+0.041%	$211.7M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7230	+0.037%	$12.6M	$2.1M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7233	+0.044%	$586K	$1.7M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7149	−0.134%	$75.3M	$80.4M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.7160	−0.111%	$42.4M	$29.9M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7187	−0.054%	$117K	$448K	5x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7122	−0.192%	$5.4M	$4.0M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7200	−0.026%	$6.7M	$2.7M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6843	−0.783%	$285K	$305K	10x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7130	−0.175%	$56K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7150	−0.132%	$446K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7154	−0.124%	$2K	—	6.7x	as long as short
SunX LIT-USDTshort	+0.0100%	4h	4.7198	−0.031%	$5K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.7121	−0.194%	$1K	$457K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7254	+0.088%	$189K	$354K	30x	as long as short
Phemex LITUSDT	+0.0100%	4h	4.7120	−0.196%	$1.4M	$2.7M	20x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7110	−0.218%	$5.2M	$5.1M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7120	−0.196%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0112%	1h	4.7224	+0.024%	$3.7M	$13.2M	5x	as long as short
Aftermath Perps LITUSD	+0.0332%	1h	4.7139	−0.156%	$9K	$209K	10x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7139	−0.156%	$1.6M	$2.0M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0402% / S −0.0194%	1h	4.7144	−0.144%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7218	+0.011%	$31K	$860K	33x	as long as short