Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against edgeX−0.041%64s7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

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

costs, in and out, $10k−$750.747% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.041%, 7d avg +0.035%

Together, before fees+0.098%+ Points / potential airdropedgeX: Active · farm board+$10 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: Bitget is 0.076% cheaper against edgeX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.035%. The two prices were read 64 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	edgeX LITUSDC	4.7930	0.0100	pay 0.0050% / 4h	1h 08m	$293K	$302K	10x
Short	Bitget LITUSDT	4.7910	0.0100	get 0.0050% / 4h	1h 08m	$6.8M	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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 edgeXbpFee BitgetbpOrdersPrice spread, now −0.041%Rate

Funding earned: $0
Price spread: −0.041% → +0.035%: −$7.64
Slippage, 4 orders: −$53.67
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$82.31
Costs to cover: 0.747%
Break-even: never at this rate

Slippage from edgeX: live order book, 34 min ago; Bitget: 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 edgeX live order book, 34 min ago	5.57 bp	12.2 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.09 bp	23.5 bp −$23	102.0 bp −$1,020	doesn't fit	doesn't fit

LIT on 41 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
Coinbase International LIT-PERP-INTX	−0.0440%	1h	4.7780	−0.313%	$605K	$352K	50x	as long as short
Orderly PERP_LIT_USDC	−0.0367%	4h	4.7840	−0.187%	$33K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.7877	−0.110%	$31K	$3K	5x	as long as short
Bullet LIT-USD	−0.0191%	1h	4.7857	−0.152%	$86K	$66K	20x	as long as short
OKX LIT-USDT-SWAP	−0.0128%	4h	4.7871	−0.123%	$25.7M	$60.7M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0066%	4h	4.7881	−0.102%	$887K	$2.0M	10x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0063%	1h	4.7903	−0.056%	$42K	$40K	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7901	−0.059%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7859	−0.148%	$11K	—	150x	as long as short
Backpack LIT_USDC_PERP	+0.0029%	1h	4.7901	−0.060%	$676K	$942K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix LIT	+0.0033%	1h	4.7934	+0.009%	$206K	$301K	5x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+0.230%	$422	$178K	5.5x	as long as short
Bybit LITUSDT	+0.0072%	4h	4.7880	−0.104%	$41.5M	$28.1M	75x	as long as short
Phemex LITUSDT	+0.0092%	4h	4.7860	−0.146%	$1.4M	$2.8M	20x	as long as short
Paradex LIT-USD-PERP	+0.0093%	8h	4.7849	−0.169%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7951	+0.044%	$59.6M	$27.5M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.7877	−0.109%	$2.1M	$1.6M	10x	as long as short
Pacifica LIT	+0.0100%	1h	4.7902	−0.057%	$770K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7858	−0.150%	$76.6M	$75.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7895	−0.073%	$124K	$445K	5x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7890	−0.083%	$2.8M	$4.2M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7889	−0.085%	$5.9M	$4.0M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.7904	−0.054%	$5.5M	$1.0M	30x	as long as short
Bitget LITUSDTshort	+0.0100%	4h	4.7910	−0.041%	$6.8M	$2.5M	20x
edgeX LITUSDClong	+0.0100%	4h	4.7930	long leg	$293K	$302K	10x
ApeX Omni LITUSDT	+0.0100%	1h	4.7860	−0.146%	$57K	$73K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7894	−0.075%	$450K	$83K	10x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7897	−0.069%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.7897	−0.069%	$1K	$335K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7938	+0.017%	$200K	$307K	30x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7895	−0.073%	$119K	$7K	10x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7844	−0.179%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7876	−0.113%	$150K	—	3x	as long as short
RISEx LIT/USDC	+0.0148%	1h	4.7897	−0.068%	$811K	$2.3M	5x	as long as short
Aster LITUSDT	+0.0199%	4h	4.7919	−0.023%	$12.8M	$1.9M	50x	as long as short
Hyperliquid LIT	+0.0268%	1h	4.7980	+0.105%	$216.5M	$39.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.7875	−0.114%	$1.6M	$2.3M	75x	as long as short
Lighter RH LIT	+0.0360%	1h	4.7961	+0.065%	$3.7M	$13.3M	5x	as long as short
Aftermath Perps LITUSD	+0.0375%	1h	4.7920	−0.020%	$9K	$205K	10x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0424% / S −0.0217%	1h	4.7844	−0.180%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.7918	−0.025%	$32K	$667K	33x	as long as short