Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.029%

Price spread now: RISEx against GRVT+0.051%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$400.395% of the position

Long on GRVT Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.223%+$22 on $10k

Price spread, last 7 days+0.226%+$23 · spread now +0.051%, 7d avg +0.092%

Together, before fees+0.449%+ Points / potential airdropGRVT: Active · farm board+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.042% cheaper against GRVT than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.092%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT LIT_USDT_Perp	4.6975	−0.0126	get 0.0063% / 4h	3h 55m	$904K	$1.7M	10x
Short	RISEx LIT/USDC	4.6999	−0.0008	pay 0.0001% / 1h	55m 18s	$792K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against GRVT. 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 GRVTbpFee RISExbpOrdersPrice spread, now +0.051%Rate

Funding earned: $24.82
Price spread: +0.051% → +0.092%: −$4.15
Slippage, 4 orders: −$24.53
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$18.86
Costs to cover: 0.395%
Break-even: 12.3 days

Slippage from GRVT: live order book, 3 min ago; RISEx: live order book, 4 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 GRVT live order book, 3 min ago	1.06 bp	17.2 bp −$17	39.9 bp −$399	doesn't fit	doesn't fit
Sell RISEx live order book, 4 min ago	1.59 bp	4.6 bp −$5	15.3 bp −$153	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
ApeX Omni LITUSDT	−0.0659%	1h	4.7030	+0.117%	$56K	$76K	50x	as long as short
Nado LIT-PERP	−0.0658%	1h	4.7004	+0.060%	$2.2M	$1.7M	10x	as long as short
Bybit LITUSDT	−0.0520%	4h	4.7050	+0.159%	$41.2M	$28.9M	75x	as long as short
Phemex LITUSDT	−0.0473%	4h	4.6910	−0.139%	$1.3M	$2.8M	20x	as long as short
Backpack LIT_USDC_PERP	−0.0426%	1h	4.6945	−0.064%	$659K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0390%	4h	4.7017	+0.089%	$32K	$1K	10x	as long as short
01 Exchange LITUSD	−0.0368%	1h	4.6966	−0.019%	$33K	$3K	5x	as long as short
Coinbase International LIT-PERP-INTX	−0.0304%	1h	4.6904	−0.152%	$613K	$352K	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0293%	1h	4.6955	−0.044%	$41K	$40K	10x	as long as short
Bullet LIT-USD	−0.0225%	1h	4.7047	+0.152%	$84K	$68K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT LIT_USDT_Perplong	−0.0126%	4h	4.6975	long leg	$904K	$1.7M	10x
Phoenix LIT	−0.0034%	1h	4.7003	+0.059%	$202K	$299K	5x	as long as short
Gate LIT_USDT	−0.0020%	4h	4.7020	+0.095%	$2.7M	$4.2M	50x	as long as short
OKX LIT-USDT-SWAP	−0.0010%	4h	4.7082	+0.227%	$25.3M	$61.3M	50x	as long as short
RISEx LIT/USDCshort	−0.0008%	1h	4.6999	+0.051%	$792K	$2.2M	5x
KuCoin LITUSDTM	−0.0002%	4h	4.7018	+0.091%	$5.2M	$1.0M	30x	as long as short
dYdX LIT-USD	0.0000%	1h	4.7002	+0.057%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0002%	1h	4.7090	+0.244%	$11K	—	150x	as long as short
Extended LIT-USD	+0.0024%	1h	4.6966	−0.020%	$5.2M	$5.0M	25x	as long as short
Aftermath Perps LITUSD	+0.0032%	1h	4.7059	+0.179%	$10K	$204K	10x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.267%	$422	$178K	5.5x	as long as short
Paradex LIT-USD-PERP	+0.0070%	8h	4.6934	−0.087%	$6K	$2K	5x	as long as short
Lighter LIT	+0.0096%	1h	4.7022	+0.100%	$58.6M	$27.9M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.7118	+0.304%	$210.4M	$42.2M	5x	as long as short
Pacifica LIT	+0.0100%	1h	4.6996	+0.044%	$574K	$1.6M	10x	as long as short
Binance LITUSDT	+0.0100%	4h	4.7055	+0.170%	$75.4M	$79.4M	75x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.7019	+0.093%	$117K	$452K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.7058	+0.176%	$120K	$4K	10x	as long as short
MEXC LIT_USDT	+0.0100%	4h	4.7012	+0.078%	$5.6M	$3.8M	100x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.7070	+0.202%	$6.7M	$2.6M	20x	as long as short
edgeX LITUSDC	+0.0100%	4h	4.6995	+0.042%	$287K	$304K	10x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.7042	+0.142%	$440K	$109K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.7111	+0.290%	$2K	—	6.7x	as long as short
SunX LIT-USDT	+0.0100%	4h	4.6945	−0.064%	$4K	$1.2M	20x	as long as short
SoDEX LIT-USD	+0.0100%	1h	4.6937	−0.081%	$1K	$385K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.7103	+0.272%	$199K	$360K	30x	as long as short
Aevo LIT-PERP	+0.0104%	1h	4.7052	+0.164%	$147K	—	3x	as long as short
Perpl LIT	+0.0112%	43m	4.7038	+0.134%	$31K	$760K	33x	as long as short
Aster LITUSDT	+0.0232%	4h	4.7043	+0.143%	$12.6M	$1.9M	50x	as long as short
Lighter RH LIT	+0.0320%	1h	4.7040	+0.138%	$3.8M	$13.0M	5x	as long as short
BloFin LIT-USDT	+0.0340%	4h	4.6946	−0.062%	$1.5M	$1.9M	75x	as long as short
GMX LIT/USD [ETH-USDC]	L +0.0435% / S −0.0231%	1h	4.7102	+0.270%	$65K	—	50x	as long as short