Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.015%

Price spread now: RISEx against edgeX−0.577%7-day average +0.028% · 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−$96as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on edgeX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+0.302%+$30 · spread now −0.577%, 7d avg +0.028%

Together, before fees+0.422%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.606% cheaper against edgeX than usual: you would sell low and buy high (spread −0.577% now, against its 7-day average of +0.028%). If the spread goes back, that is −$61 on $10k: about 4 months of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.120% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX LITUSDC	4.8278	0.0100	pay 0.0050% / 4h	3h 55m	$296K	$302K	10x
Short	RISEx LIT/USDC	4.7999	0.0118	get 0.0015% / 1h	55m 26s	$799K	$2.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.577%Rate

Funding earned: $3.88
Price spread: −0.577% → +0.028%: −$60.56
Slippage, 4 orders: −$20.53
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$92.2
Costs to cover: 0.355%
Break-even: 173.3 days

Slippage from edgeX: live order book, 43 min ago; RISEx: live order book, 3 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, 43 min ago	5.22 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	3.62 bp	6.9 bp −$7	34.3 bp −$343	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	−0.0807%	1h	4.8002	−0.572%	$42K	$39K	10x	as long as short
Orderly PERP_LIT_USDC	−0.0362%	4h	4.7981	−0.615%	$33K	$1K	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.7968	−0.643%	$608K	$349K	50x	as long as short
Bullet LIT-USD	−0.0254%	1h	4.8027	−0.520%	$86K	$66K	20x	as long as short
Phemex LITUSDT	−0.0203%	4h	4.8040	−0.493%	$1.4M	$2.7M	20x	as long as short
01 Exchange LITUSD	−0.0168%	1h	4.7934	−0.713%	$31K	$3K	5x	as long as short
OKX LIT-USDT-SWAP	−0.0163%	4h	4.8022	−0.531%	$25.9M	$59.5M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0028%	4h	4.8071	−0.430%	$890K	$2.0M	10x	as long as short
dYdX LIT-USD	0.0000%	1h	4.8000	−0.575%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.8046	−0.480%	$36K	—	150x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni LITUSDT	+0.0016%	1h	4.8010	−0.555%	$57K	$76K	50x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	−0.493%	$422	$178K	5.5x	as long as short
Phoenix LIT	+0.0050%	1h	4.8338	+0.124%	$207K	$288K	5x	as long as short
Paradex LIT-USD-PERP	+0.0096%	8h	4.7948	−0.683%	$7K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.8032	−0.510%	$59.8M	$25.9M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.8007	−0.562%	$2.1M	$1.6M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.8098	−0.373%	$217.3M	$38.7M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.7971	−0.636%	$712K	$1.8M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7957	−0.665%	$77.0M	$73.7M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.8048	−0.477%	$41.8M	$27.5M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7977	−0.624%	$127K	$446K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.8183	−0.197%	$120K	−$0	10x	as long as short
Gate LIT_USDT	+0.0100%	4h	4.7980	−0.618%	$2.8M	$4.0M	50x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7964	−0.651%	$6.2M	$3.9M	100x	as long as short
KuCoin LITUSDTM	+0.0100%	4h	4.8037	−0.499%	$5.5M	$929K	30x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.8040	−0.493%	$6.9M	$2.4M	20x	as long as short
Backpack LIT_USDC_PERP	+0.0100%	1h	4.7981	−0.615%	$684K	$988K	5x	as long as short
edgeX LITUSDClong	+0.0100%	4h	4.8278	long leg	$296K	$302K	10x
Polymarket Perps LIT-USD	+0.0100%	1h	4.8040	−0.493%	$448K	$86K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.8239	−0.081%	$2K	$961	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.8048	−0.477%	$4K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.8013	−0.549%	$1K	$332K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.8185	−0.193%	$194K	$312K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.7957	−0.665%	$5.1M	$5.2M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.8023	−0.529%	$150K	—	3x	as long as short
RISEx LIT/USDCshort	+0.0118%	1h	4.7999	−0.577%	$799K	$2.3M	5x
Lighter RH LIT	+0.0128%	1h	4.8032	−0.510%	$3.7M	$12.2M	5x	as long as short
Aster LITUSDT	+0.0313%	4h	4.8067	−0.437%	$12.9M	$2.0M	50x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.8272	−0.013%	$1.6M	$2.3M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0426% / S −0.0217%	1h	4.8054	−0.464%	$64K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.8049	−0.474%	$32K	$642K	33x	as long as short
Aftermath Perps LITUSD	+0.0501%	1h	4.8097	−0.375%	$10K	$203K	10x	as long as short