Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0729%/8h= +79.9% APRpaid last 24h +0.013%

Price spread now: RISEx against Gate−0.033%7-day average −0.013% · 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−$45as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.141%+$14 on $10k

Price spread, last 7 days+0.051%+$5 · spread now −0.033%, 7d avg −0.013%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.141% in total (about 15.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate LIT_USDT	4.7450	−0.0720	get 0.0360% / 4h	2h 33m	$2.8M	$4.5M	50x
Short	RISEx LIT/USDC	4.7434	0.0009	get 0.0001% / 1h	33m 58s	$816K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Gate. 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 GatebpFee RISExbpOrdersPrice spread, now −0.033%Rate

Funding earned: $153.17
Price spread: −0.033% → −0.013%: −$2
Slippage, 4 orders: −$22.37
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: $107.8
Costs to cover: 0.434%
Break-even: 2.1 days

Slippage from Gate: live order book, 4 min ago; RISEx: 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 Gate live order book, 4 min ago	2.11 bp	15.0 bp −$15	57.2 bp −$572	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	1.58 bp	4.6 bp −$5	15.7 bp −$157	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	−0.1209%	1h	4.7370	−0.170%	$42K	$40K	10x	as long as short
Gate LIT_USDTlong	−0.0720%	4h	4.7450	long leg	$2.8M	$4.5M	50x
Orderly PERP_LIT_USDC	−0.0594%	4h	4.7324	−0.266%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0592%	1h	4.7362	−0.185%	$33K	$4K	5x	as long as short
Backpack LIT_USDC_PERP	−0.0474%	1h	4.7437	−0.027%	$666K	$1.5M	5x	as long as short
Phemex LITUSDT	−0.0451%	4h	4.7350	−0.211%	$1.3M	$2.7M	20x	as long as short
Bullet LIT-USD	−0.0387%	1h	4.7391	−0.125%	$85K	$81K	20x	as long as short
KuCoin LITUSDTM	−0.0310%	4h	4.7414	−0.076%	$5.3M	$1.1M	30x	as long as short
OKX LIT-USDT-SWAP	−0.0303%	4h	4.7424	−0.055%	$25.0M	$61.4M	50x	as long as short
GRVT LIT_USDT_Perp	−0.0302%	4h	4.7333	−0.246%	$891K	$1.9M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit LITUSDT	−0.0291%	4h	4.7433	−0.036%	$42.9M	$30.5M	75x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7487	+0.077%	$657K	$402K	50x	as long as short
Phoenix LIT	−0.0050%	1h	4.7492	+0.089%	$246K	$321K	5x	as long as short
Extended LIT-USD	−0.0048%	1h	4.7435	−0.032%	$5.2M	$5.1M	25x	as long as short
SoDEX LIT-USD	−0.0037%	1h	4.7355	−0.200%	$984	$486K	5x	as long as short
Paradex LIT-USD-PERP	−0.0034%	8h	4.7393	−0.121%	$6K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7418	−0.068%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.7435	−0.032%	$35K	—	150x	as long as short
RISEx LIT/USDCshort	+0.0009%	1h	4.7434	−0.033%	$816K	$2.0M	5x
Bulk LIT-USD	+0.0018%	1h	4.7345	−0.221%	$119K	$6K	10x	as long as short
MEXC LIT_USDT	+0.0026%	4h	4.7453	+0.006%	$5.8M	$4.2M	100x	as long as short
Polymarket Perps LIT-USD	+0.0026%	1h	4.7403	−0.099%	$448K	$105K	10x	as long as short
Binance LITUSDT	+0.0026%	4h	4.7415	−0.075%	$74.9M	$81.0M	75x	as long as short
edgeX LITUSDC	+0.0031%	4h	4.7370	−0.168%	$288K	$310K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+1.243%	$422	$178K	5.5x	as long as short
Nado LIT-PERP	+0.0042%	1h	4.7375	−0.158%	$2.1M	$1.7M	10x	as long as short
Aevo LIT-PERP	+0.0048%	1h	4.7343	−0.226%	$148K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.7443	−0.015%	$59.4M	$30.0M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7450	0.000%	$211.0M	$44.7M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.7493	+0.090%	$12.7M	$2.5M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.7446	−0.008%	$586K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7416	−0.072%	$117K	$447K	5x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7470	+0.042%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7400	−0.105%	$56K	$77K	50x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7428	−0.046%	$2K	$1K	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.7389	−0.129%	$4K	$1.2M	20x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7453	+0.006%	$190K	$329K	30x	as long as short
BloFin LIT-USDT	+0.0108%	4h	4.7344	−0.223%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0112%	43m	4.7419	−0.065%	$31K	$841K	33x	as long as short
Aftermath Perps LITUSD	+0.0182%	1h	4.7423	−0.056%	$11K	$198K	10x	as long as short
Lighter RH LIT	+0.0328%	1h	4.7459	+0.019%	$3.7M	$14.2M	5x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0358% / S −0.0155%	1h	4.7440	−0.021%	$59K	—	50x	as long as short