Funding arb · Price arb /

LIT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0337%/8h= +36.9% APRpaid last 24h +0.101%

Price spread now: BloFin against gTrade (Gains Network)−0.062%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 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. BloFin is 0.062% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$10 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) LIT/USD	4.6942	L +0.0003% / S −0.0002%	pay 0.0000% / 1h	34m 45s	$11K	—	150x
Short	BloFin LIT-USDT	4.6913	0.0340	get 0.0170% / 4h	1h 34m	$1.6M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BloFinbpOrdersPrice spread, now −0.062%Rate

Funding earned: $70.74
Price spread: −0.062% → 0.000%: −$6.24
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $42.5
Costs to cover: 0.220%
Break-even: 2.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 8 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell BloFin live order book, 8 min ago	0.32 bp	15.9 bp −$16	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Orderly PERP_LIT_USDC	−0.0388%	4h	4.6870	−0.154%	$32K	$1K	10x	as long as short
Bullet LIT-USD	−0.0282%	1h	4.6919	−0.049%	$84K	$68K	20x	as long as short
01 Exchange LITUSD	−0.0272%	1h	4.6877	−0.139%	$33K	$4K	5x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0174%	1h	4.6932	−0.023%	$41K	$40K	10x	as long as short
Gate LIT_USDT	−0.0126%	4h	4.6960	+0.038%	$2.7M	$4.2M	50x	as long as short
Phoenix LIT	−0.0085%	1h	4.6850	−0.197%	$201K	$341K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0024%	1h	4.6865	−0.164%	$658K	$372K	50x	as long as short
OKX LIT-USDT-SWAP	0.0000%	4h	4.6930	−0.026%	$25.3M	$61.7M	50x	as long as short
ApeX Omni LITUSDT	+0.0002%	1h	4.6780	−0.346%	$56K	$76K	50x	as long as short
gTrade (Gains Network) LIT/USDlong	L +0.0003% / S −0.0002%	1h	4.6942	long leg	$11K	—	150x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin LITUSDTM	+0.0006%	4h	4.6939	−0.007%	$5.2M	$1.1M	30x	as long as short
dYdX LIT-USD	+0.0010%	1h	4.6881	−0.130%	$34K	—	5x	as long as short
Phemex LITUSDT	+0.0019%	4h	4.6900	−0.090%	$1.4M	$2.8M	20x	as long as short
GRVT LIT_USDT_Perp	+0.0026%	4h	4.6810	−0.282%	$908K	$1.7M	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.338%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0069%	8h	4.6845	−0.207%	$7K	$2K	5x	as long as short
Backpack LIT_USDC_PERP	+0.0095%	1h	4.6983	+0.087%	$685K	$1.4M	5x	as long as short
Lighter LIT	+0.0096%	1h	4.6996	+0.114%	$58.6M	$28.6M	5x	as long as short
RISEx LIT/USDC	+0.0099%	1h	4.6894	−0.102%	$782K	$2.0M	5x	as long as short
Nado LIT-PERP	+0.0100%	1h	4.6885	−0.122%	$2.2M	$1.7M	10x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6985	+0.091%	$209.9M	$41.0M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6857	−0.182%	$581K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.6946	+0.008%	$74.6M	$78.6M	75x	as long as short
Bybit LITUSDT	+0.0100%	4h	4.6930	−0.026%	$41.5M	$28.6M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6871	−0.152%	$117K	$448K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6831	−0.237%	$117K	$2K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.6937	−0.011%	$5.5M	$3.9M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6970	+0.059%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6771	−0.365%	$285K	$305K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6926	−0.035%	$444K	$104K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6963	+0.044%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6835	−0.229%	$5K	$1.1M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6945	+0.006%	$1K	$416K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6935	−0.016%	$194K	$379K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6927	−0.033%	$5.2M	$5.0M	25x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.6913	−0.063%	$147K	—	3x	as long as short
Lighter RH LIT	+0.0144%	1h	4.7010	+0.144%	$3.7M	$13.1M	5x	as long as short
Aster LITUSDT	+0.0188%	4h	4.7033	+0.193%	$12.6M	$2.0M	50x	as long as short
Aftermath Perps LITUSD	+0.0246%	1h	4.6825	−0.250%	$9K	$207K	10x	as long as short
BloFin LIT-USDTshort	+0.0340%	4h	4.6913	−0.062%	$1.6M	$1.9M	75x
GMX LIT/USD [ETH-USDC]	L +0.0411% / S −0.0208%	1h	4.6947	+0.010%	$63K	—	50x	as long as short
Perpl LIT	+0.0447%	43m	4.6905	−0.080%	$31K	$827K	33x	as long as short